The Financial Statements in Electronic Form

The digital information system that was created in Pridnestrovie allows enterprises and organizations submitting financial, tax and statistical reports in electronic format. The unified information system is in test mode at the moment. Business entities still have a choice in which format to submit their reports - paper or electronic. More than 300 enterprises in Pridnestrovie submit reports in electronic form.

The Government proposed to introduce a new reporting form as early as June 1 of this year in the original version of the law-in-draft. However, the Supreme Council considers that enterprises should be given more time to switch to digital reports. Business entities need to purchase equipment and install software. We are talking mainly about small and medium-sized enterprises, as well as enterprises of the agro-industrial complex. Large enterprises are ready to submit reports digitally.

According to the deputies, the introduction of electronic reporting in Pridnestrovie is a reciprocal movement towards both the side of entrepreneurs, for whom the submission of reports is simplified, and from the side of the state, which will be able to reduce the costs and expenses of processing a large amount of paper information.