The Ministry of Economy and Infrastructure proposes amending the current regulations so as to simplify the procedure for putting enterprises operating in the light industry on the list of business entities that are exempted from paying VAT, with the deduction right, by excluding the preliminary approval of the list, IPN reports.

According to the Ministry, the light industry enterprises that work under active refinement customs regime, which is they provide services to make goods from raw material supplied by clients from abroad, repeatedly warned the authorities that the list approval procedure extends the period of inclusion in the list from 10 to 30-50 days, delaying the deliveries to clients. Consequently, they are unable to meet the deadlines specified in contracts.

By other changes, it is suggested reducing the list of documents that the business entities need to present to the Ministry for being included in the list of entities exempted from VAT. The copy of the enterprise’s tax code certificate will no longer be required, while the enterprise registration certificate will be replaced with an extract from the State Register of Legal Entities.