The Ministry of Economic Development and Trade of Ukraine suggests that the government should approve and the Parliament should accept amendments to the Tax Code of Ukraine, which stipulate the simplification of the procedure of registration and reregistration of value added tax (VAT) and single tax payers, Finance.ua reports, as said in the draft law, developed by the Ministry of Economic Development and posted on the site of the Ministry.
According to explanatory documents to the draft law, its main task is to permit registration of business entities as VAT taxpayers, based on the applications, submitted to the regulatory body in electronic form with electronic signature, reduce the time of processing application for the registration of VAT taxpayers and/or single tax to one day, to cancel the necessity of reregistration of VAT taxpayer in case of change of domicile or personal data.
“In the meantime, the draft law should be approved by the Ministry of Finance of Ukraine, the Ministry of Justice of Ukraine, the Ministry of Internal Affairs of Ukraine, the Ministry of Social Policy of Ukraine, the State Regulatory Service of Ukraine, the National Securities and Stock Market Commission of Ukraine”, as noted in the explanatory note to the draft law.
It also says that the draft law is included in the general package of documents, which the government of Ukraine prepares within the improvement of the position of our country in the Ease of Doing Business rating, where Ukraine increased by 3 points in 2016 – up to 80th place from 83rd. Ukraine showed the biggest progress in easing of doing business (20th place out of 190), the worst - in the sphere of fighting against corruption (140th place from 190).
According to the government plan, this year, our country can enter TOP 50 of Doing Business rating, and in 2018 – TOP 20. However, for this we need to adopt a large package of draft law – more than 30, the part of which is already registered in the parliament, and the part should be approved by the government.
