Entrepreneurial Activity Stimulating

The Government proposed to amend some legislative acts of the PMR to stimulate the development of entrepreneurial activity and adapt the process of administering the work of entrepreneurs to the capabilities of information systems. The Committee on Economic Development considered this initiative in the second reading today.

Processing of grain, sunflower seeds, milk, meat, wool, fish and the sale of products from processing is one of the types of entrepreneurial activity under a patent. At the same time, according to the classification of the branches of the national economy of our republic, potato growing, vegetable growing, production of fruits, berries, grapes, oilseeds and a number of other crops also belong to plant growing.

Currently, entrepreneurs who have a patent for the processing of grain and sunflower seeds are limited in the right to apply the patent taxation system in the processing of certain types of agricultural products, which also relate to the field of crop production. It is proposed to bring the law "Special tax regime - patent taxation system" into line with the Classifier of the branches of the PMR national economy to provide them with such an opportunity.

In addition, the law-in-draft proposes to exempt individual entrepreneurs applying the simplified taxation system from the obligation to submit to the tax authority a report on each unit of cash registers.

The "Entrepreneur" software complex began operating on the territory of our republic to administer the activities of entrepreneurs by tax authorities in November 2020. All data on the activities of entrepreneurs are submitted to the tax authorities in electronic form, which fully allows you to control the activities of this category of taxpayers. Thus, at present there is no need to submit to the tax authority a report on each unit of cash register equipment. The expected date of entry into force of the new provisions of the law is January 1, 2022.

The Committee on Economic Policy, Budget and Finance will recommend to the Supreme Council to adopt the law-in-draft in the final reading.