Why should new rules be adopted?
The existing rules were adopted in 2001 and have become obsolete, because they do not reflect legislative changes which have entered into force in last decade. Besides, in practice, problems have been identified with regard to the taxpayer business units operating in different addresses, such as the units are established in a specific address without the property owner’s consent or it is not possible to identify the unit address.
Content of Rules
Provisions include registration procedures and documents to be submitted, registration deadlines, the cases in which registration may be refused, list of the data to be entered in the register, a list of information which is publicly available about the taxpayers and their units, as well as cases where SRS can exclude taxable persons or their units from the register.
What’s new in these rules?
The rules provide for a number of new regulations, such as the public availability of taxpayer’s registration data, the order is set out for individual who performs economic activities to inform SRS for not registration or economic activity cessation, procedure for registration of individual as an employer, additional requirements are set for registration of business units.
Currently, business units have been registered if the following documents have been submitted: an application, the applicant’s (authorized person’s) passport and authorization to submit an application, documents confirming rights to use premises for business unit, as well as the company’s decision to establish the unit. Under the new rules it will be necessary to submit an application, documents confirming the right to use the premises, and if the premises are not ownership of the applicant- the consent of the owner of the premises to register the business unit. If there are the co-owners of the real estate, it will be necessary to submit the consent of all co-owners or legal possessors of the property.
