For entrepreneurs with simplified taxation system

The Supreme Council adopted in the final reading additions to the law "On a special tax regime – a simplified taxation system". Article 3 of the law, which regulates the procedure and conditions for the start, suspension and termination of the use of the simplified taxation system by entrepreneurs, is supplemented by a new rule. It will provide an opportunity for individual entrepreneurs to suspend the use of the simplified taxation system not only personally.

The law establishes currently that an individual entrepreneur has the right to apply to the tax office within 3 days with an application to suspend activities under the simplified taxation system in the event of temporary loss of working capacity. It is also necessary to provide a document confirming temporary disability. The deputies of the Committee on Economic Policy considered that if an entrepreneur is undergoing treatment in a hospital in Pridnestrovie or even outside the republic, the entrepreneur should be given the opportunity to suspend his activities not only by personal application.

The Supreme Council supported in two readings the amendments to the law "Special tax regime – simplified taxation system". According to the new rule, if an individual entrepreneur cannot independently apply to the tax office with a statement that he is suspending his activities under the simplified taxation system, then this can be done by a spouse or other close relative with documents confirming that the entrepreneur cannot do this himself. In addition, any person acting on his behalf on the basis of a notarized power of attorney can submit an application to the tax office to suspend the work of an individual entrepreneur under the simplified taxation system.

Amendments to the law on the simplified taxation system will come into force on the 1st of May.