Electronic invoicing and e-Reporting in Ukraine

Ukraine begins the country's digital transformation by legislating electronic reporting of the SAF-T file. The SAF-T (Standard Audit File for Tax) file in Ukraine is a standardized electronic format that companies must generate and send to the tax authority (the State Tax Service of Ukraine) in order to facilitate electronic audits and tax control.

The SAF-T file must be submitted within two business days of the tax authority's request and include several blocks of information: the accounting policies applied, a detailed description of the transactions carried out (with coding and characteristics), accounting and tax data (transactions by date, document number, amount), and relevant source documents.

At the same time, electronic tax invoicing in Ukraine is subject to its own regulations: although there is no general obligation for electronic invoicing between companies (B2B), since 2011 all taxpayers must issue a "tax invoice" and report the transaction data via an API interface to the national system. This invoice must be digitally signed with a recognized certificate.