The three years moratorium on inspections of micro and small business entities came into effect on January 1. The purpose of the moratorium is to reduce the administrative burden, ensure the stability of the business environment, facilitate business processes and develop competition.
The moratorium does not ban checks related to prevention of mass threats to the population; or at the request of the entrepreneurs.
In addition, micro and small business entities are exempted for three years from the payment of corporate income tax, individual income tax, social tax for taxpayers working under simplified declaration, a single land tax for peasants and farms.
The exemption from these taxes does not apply to companies operating in the areas of production and wholesale of excisable products, gambling, lotteries, retail sales of gasoline, diesel fuel and fuel oil, turnover of narcotic and psychotropic substances, grain storage, turnover of radioactive materials, banking, auditing insurance activities, professional activities in the securities market, credit bureaus, security activities, turnover of civil and service weapons and ammunition for them, subsoil use.
Photo source: picture from an open source