Which group of individual entrepreneurs to choose: a complete guide for entrepreneurs
Registering as an individual entrepreneur is not only starting a business, but also a responsible decision that affects the tax burden, reporting, permitted activities, and even profitability.
The question of which individual entrepreneur group to choose arises for everyone who plans to run their own business, from a freelancer to a manufacturer of goods.
This material is your detailed guide that will help you understand the differences between individual entrepreneur groups, evaluate the features of your own business, and choose the best option for running it.
What groups of sole proprietors exist in Ukraine?
Individual entrepreneurs can operate under a simplified or general taxation system.
The simplified system is divided into three groups (1, 2, and 3), and the fourth is a special regime for farmers.
1 group of individual entrepreneurs
An ideal option for a microbusiness that works independently and has a small income.
Briefly about the group:
- Who can be: only individuals without employees.
- Types of activities: household services to the population, small trade in the market.
- Income limit: up to 1,118,900 UAH/year.
- Taxes: fixed rate up to 10% of the subsistence minimum.
- Reporting: once a year.
- VAT: not paid.
Suitable for: market vendors, craftsmen, hairdressers, and private artisans.
2nd group of individual entrepreneurs
This group is suitable for small businesses that have regular customers and up to 10 employees.
Basic conditions:
- Who can be: an individual entrepreneur with up to 10 employees.
- Types of activities: retail trade, services to the population, cafes, bars, and workshops.
- Income limit: up to 5,587,800 UAH/year.
- Taxes: fixed rate up to 20% of the minimum wage.
- Reporting: quarterly.
- VAT: not required.
Example: the owner of a coffee shop with two employees or a beauty salon with several craftsmen.
3rd group of individual entrepreneurs
The most popular group among specialists working with business is IT, marketing, consulting, design, and logistics.
Short:
- Who can be: an individual or a legal entity.
- Types of activities: any, not prohibited by law.
- Income limit: up to 7,818,900 UAH/year.
- Tax rate: 5% of income or 3% + VAT.
- Reporting: quarterly.
- VAT: optional (you can be a payer or not).
Suitable for: IT professionals, freelancers, consultants, agencies working with legal entities or foreign companies.
4th group of individual entrepreneurs
This is a separate category – agricultural producers.
- Who can be: farms.
- Taxes: determined depending on the area of the land.
- Income limit: none.
- Reporting: annual.
- VAT: paid according to general rules, depending on the activity.
Comparative table of individual entrepreneur groups
| Indicator | 1 group | Group 2 | Group 3 | Group 4 |
| Who can be | Self-employed person without employees | Sole proprietorship up to 10 employees | Individual entrepreneur or legal entity | Agricultural producer |
| Income limit | up to 1.12 million UAH | up to 5.59 million UAH | up to 7.82 million UAH | without limit |
| Tax rate | up to 10% PM | up to 20% of the minimum wage | 5% or 3%+VAT | depends on the land |
| Employees | No | up to 10 | without restrictions | without restrictions |
| Reporting | 1 time per year | quarterly | quarterly | annual |
| VAT | No | No | optionally | by activity |
| Type of customers | only individuals | individuals, sole proprietorships | natural and legal entities | wholesale buyers |
| Calculation method | cash | cash/non-cash | any | any |
What taxation systems exist and which one to choose?
The taxation system determines how much and how you pay taxes. In Ukraine, there is a simplified and general system.
Simplified taxation system
This is an option for small and medium-sized businesses. The entrepreneur pays a single tax at a fixed rate, without complex accounting reports.
Advantages:
- simplicity of accounting;
- possibility of cash payments;
- a flat tax or a small percentage of income;
- minimum reporting requirements.
Disadvantages:
- limits on income and number of employees;
- restrictions on types of activities;
- If the limit is exceeded, you need to switch to the general system.
General taxation system
This option is chosen by entrepreneurs who have large expenses or work with large companies.
Main features:
- taxes are paid on profits (income minus expenses);
- tax rate: 18% + 1.5% military tax;
- detailed accounting is maintained;
- Supporting documents are required for all expenses.
Who is it suitable for: companies operating with high costs (logistics, trade, production).
How to choose a taxation system
To understand which system to choose, consider the following factors:
- Income volume. If you plan to earn up to 7 million UAH/year, the simplified system will be more profitable.
- Expenses. If expenses are high, a general system can reduce the tax burden.
- Number of employees. There are restrictions for the simplified system.
- Client type: To work with large companies that require VAT, choose group 3.
How to choose a group of sole proprietors?
To choose the right group of sole proprietors, you need to evaluate several key parameters of your business.
1. Types of activities
- Services to the population – 1st or 2nd group.
- Business services (B2B) – group 3.
- High turnover trade – group 2 or 3.
- Agriculture – 4th group.
2. Expected income
An entrepreneur should clearly understand their annual turnover. If you plan to grow, it is better to immediately choose a group with a higher limit to avoid a forced transition.
3. Employees
It is important to know if you plan to hire people. – Group 1 does not allow hired employees, and Group 2 allows a maximum of 10. If the business is growing, Group 3 provides complete freedom.
4. Type of customers
- Working with the population (B2C) – group 1–2.
- Working with legal entities, IT or external partners – group 3.
- Agricultural business – group 4.
5. Choice examples
| Field of activity | Optimal group | Explanation |
| IT, marketing, design | Group 3 | Works with companies, often from abroad |
| Trading in the store | Group 2 | There is a cash register, employees, and a stable income. |
| Manicure master | Group 1 or 2 | Services to the population, small turnover |
| Furniture production | Group 3 | Ability to work with legal entities |
| Farming | Group 4 | Land plots, taxation by area |
Professional Solutions specialists will help you assess your income, expenses, and risks to choose the optimal tax model.
Is it possible to change the group of an individual entrepreneur and how to do it?
Yes, it is possible to change the group, and this is a fairly common practice.
When to change group
- The amount of income has increased.
- New types of activities have appeared (for example, you started working with legal entities).
- VAT is required for cooperation with large companies.
- Are you planning to scale your business or hire employees?
Transition algorithm
- Submit an application to the tax office at your place of registration.
- Specify the group you are transferring to and the transfer date.
- Confirm the KVEDs.
- Wait for confirmation from the tax office (usually 10 business days).
- The transition is effective from the first day of the following quarter.
Example: if you apply in November, the new group will be effective from January 1.
Liability for the incorrect choice of the individual entrepreneur group
A mistake in choosing a group can be costly.
1. Financial penalties
If an entrepreneur has exceeded the income limit or engaged in prohibited activities, the tax office will assess additional taxes, fines, and penalties.
2. Additional tax assessment
An entrepreneur can be transferred to the general system retroactively, then they will have to pay 18% income tax and 1.5% military duty.
3. Loss of single taxpayer status
If the conditions of the simplified system are systematically violated, the status of an individual entrepreneur is canceled.
Conclusions
Choosing a sole proprietorship group is a strategic decision that determines the tax burden, level of accounting, reporting requirements, and flexibility of your business.
Before registering, it is worth assessing the type of business, income, number of employees, and type of clients.
And if you want to avoid mistakes, use the help of professionals – the Professional Solutions company will help you choose a group of individual entrepreneurs, set up a tax system, prepare reports, and support you in all financial matters.