Over the past five years, the number of taxpayers in the IT industry, namely individual entrepreneurs and legal entities, has increased by 50.8%, from 176,900 to 266,800. In 2024, they all paid over $1 billion in taxes.
Over the past five years, the number of taxpayers in the IT industry, namely individual entrepreneurs and legal entities, has increased by 50.8%, from 176,900 to 266,800. In 2024, they all paid over $1 billion in taxes.
This is stated in the annual study of the Ukrainian IT market by the IT Ukraine Association - Digital Tiger: the Market Power of Ukrainian IT - 2024.
According to the study, as of 2024, there were 258,200 individual entrepreneurs and 8,600 legal entities in the Ukrainian IT sector. During 2019-2024, the largest number of individual entrepreneurs was in 2022 — 272,800. Over the year (2023-2024), the number of individual entrepreneurs decreased by 6,800.
As for legal entities, their largest number was in 2021 — 9,600, the smallest in 2023 — 8,100.
During these years, the amount of taxes paid by IT workers increased by 104.9%, from $489.4 million in 2019 to over $1 billion in 2024.
So in 2024, IT-entities paid taxes in the amount of $420.2 million . For comparison, 5 years ago it was $237.5 million, in 2023 — $365.6 million.
Legal entities paid $582.4 million in taxes last year. In 2019, this amount was $251.9 million, and in 2023 — $410.4 million.
"Although 96.7% of taxpayers are individual entrepreneurs, the bulk of tax revenues come from companies,
because their incomes are much higher,” the study noted.
