Since January 1 of this year, all entrepreneurs conducting activities abroad are required to switch to the simplified taxation system using a single tax. A preferential rate of 0.1 percent is provided for this group of taxpayers.
Initially, the law stipulated that the notification of the transition had to be submitted to the territorial authorities by February 1. However, the State Tax Service received numerous requests from citizens and organizations that were unable to complete all necessary procedures by the established deadline.
In order to support businesses and ensure a smooth transition to the new tax regime, the service has extended the application submission deadline.
Application Submission Procedure
Applications should be submitted to the tax authorities at the place of registration. GNS specialists are ready to provide consultations on the application of the preferential rate of 0.1 percent and on filling out the necessary forms.
The transition to a special taxation regime will allow entrepreneurs to legalize their activities abroad under the most favorable conditions, the agency notes.
