IT Business Continues to Steadily Increase Tax Revenues

According to the State Tax Service, in 2025 the IT sector significantly increased its tax contributions to the consolidated budget. Compared to 2024, the volume of taxes paid rose by 34% and reached UAH 43.4 billion.

Growth in tax payments reflects the stability of the IT business’s development. Legislative predictability plays an important role in this. At present, the IT industry — including through the active involvement of the IT Ukraine Association — has been able to defend the stability of operating conditions for the sector, including the Diia.City legal framework. We are confident that stable and clear rules of the game create a long-term tax base through company growth, the launch of new products, and the preservation of the global competitiveness of Ukrainian IT,

– emphasises Mariia Shevchuk, CEO of the IT Ukraine Association.

Several key factors can also be identified as drivers of the increase in taxes and contributions in the IT sector in 2025:

• Stabilisation of the industry after the crisis period of 2022–2023. In 2024–2025, IT companies reoriented their business models, adjusted costs, and managed to retain key export contracts. This was not a period of rapid growth, but it laid the groundwork for gradual recovery in financial performance and tax contributions.
• Changes in the quantitative structure of the market. In 2025, the IT sector employed more legal entities and sole proprietors (FOPs) than in the previous year. This resulted in a broader tax base even without a sharp increase in revenues for individual companies. This trend is recorded by Opendatabot and YouControl.
• An increase in the military levy rate at the beginning of 2025.
• Exchange rate effects. A significant share of IT industry revenues is generated through the export of services, meaning tax revenues are directly dependent on the hryvnia exchange rate. In 2025, the average US dollar exchange rate, according to the National Bank of Ukraine, was higher than in 2024, which automatically increased the hryvnia equivalent of revenues and, consequently, tax payments.

At the same time, these trends are long-term in nature. According to the study Digital Tiger: the Market Power of Ukrainian IT — 2024, Ukraine’s IT sector paid more than USD 1 billion in taxes (approximately UAH 41.5 billion), which is 5% more than five years ago. This confirms the systemic role of the IT industry as a stable taxpayer and one of the key drivers of Ukraine’s economy.