Reminder for Entrepreneurs
Legal entities and individual entrepreneurs who carry out business activities in the places to sale goods, provide paid domestic services, trade currency in foreign exchange centers, and are engaged in entertainment activity are required to pay a fee for certain types of business activities, as stated on the website the Ministry of revenue.
In order to perform these activities, the entity shall acquire sales patent. One must submit the application for patent to the territorial authority of the Ministry of revenue at the place of fees collection. Depending on the type of activity, the Tax Code of Ukraine sets different terms of duty payment. In particular, for duty payers who:
- perform trading activities (other than trading activities with obtaining short-term sales patent)
- activities to provide paid services
- to trade currency - monthly no later than the 15th day before the reporting month.
Thus, for these taxpayers, the last day of payment for November of 2013 is the 13th December.
Taxpayers may also make an advance payment by the end of the calendar year.
Remember that performing trading activities with obtaining short-term sales patent the duty payment is to be made no later than one calendar day prior to the initiation of such activities. However, the term of duty payment on entertainment activities is quarterly, no later than the 15th day of the month preceding the reporting quarter.
Note, that if the last date of payment of the duty falls on weekend or holiday, the Tax Code of Ukraine does not provide postponement of the payment.
The procedure and terms of duty payment for certain types of business activities are defined in the art. 267, Sec. XII of the Tax Code of Ukraine.