The Verkhovna Rada of Ukraine adopted the Bill on State Supervision (Control) in the Economic Sector regarding Sole Proprietors and Business Entities eligible for the Simplified System of Taxation, Reporting and Accounting

05 July 2011, 16:11

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The bill (Reg. No. 8610) specifies the procedure of state supervision (control) in the economic sector regarding sole proprietors who are not registered as VAT payers, and business entities eligible for the simplified system of taxation, reporting and accounting, whose activity is not qualified as high-risk under the Law "On the Fundamentals of State Supervision (Control) in the Economic Sector. "