Simplified taxation system is a special tax regime introduced to reduce the tax burden on business and encourage small business in Ukraine.
Main Directorate of the STS in Mykolaiv region creates favorable business conditions, including entrepreneurs – "’simplifiers” which provides dynamic development of small business and stable revenues to local budgets of the region, which finance economic and social programs of local communities.
Local budgets of Mykolaiv region received 295.7 million UAH of the single tax are provided during January – April 2020. Comparing to the corresponding period in 2019, entrepreneurs registered on the simplified taxation system increased the single tax payment by 30.7 million UAH. Particularly, individuals – entrepreneurs paid 184.6 million UAH of the single tax, legal entities – 35.5 million UAH, agricultural producers – 75.6 million UAH.