STS simplified and accelerated the deregistration of individuals – entrepreneurs

Press service of the State Tax Service of Ukraine, published 02 November 2020 at 14:17 Chapter: News

State Tax Service of Ukraine intensified the work on deregistration of individuals – entrepreneurs who have stopped entrepreneurial activity.

As of today, about 452 thousand taxpayers – individuals who have not carried out entrepreneurial or independent professional activities and do not have tax risks are waiting to be removed from tax accounting for more than 3 years.

In order to optimize deregistration without conducting audits of individuals – entrepreneurs who did not actually carry out economic activities, the State Tax Service has approved methodological recommendations. This simplifies and speeds up termination of such payers.

Recommendations define a mechanism for organizing the work of commissions to consider the expediency / inexpediency of audits and the conclusion form of the pre-audit analysis on the audit’s inexpediency.

In the last two weeks of September 2020, more than 8 thousand individuals were deregistered at the regulatory authorities without conducting documentary audits.

There is an ongoing work on deregistration of taxpayers – individuals who applied for termination and have no debts to the state.