What is defined as “Unified tax payment for micro-firms and small enterprises”?
Effective from 1 July 2005 small enterprises and micro-firms may opt for the application of the Unified Tax Payment in lieu of paying unified tax, mandatory payments to the off-budget Pension Fund, Republican Road Fund, and School Education Fund. Moreover, when unified tax payment is imposed for micro-firms and small enterprises whose production undergoes excise tax the taxation will go down to the level of excise tax. In addition, newly established micro-firms and small enterprises have rights to obtain suspension on unified tax payments for a year with payment of suspended volumes within 12 months after the grace period is over. Unified tax payment rates are fixed annually by the GOU. Effective from 2007 unified tax payment rate for enterprises of all industries is 10%. Thus, for the enterprises, engaged in specific types pf activity there are lower rates or privileges envisaged. So, the unified tax rate for: The enterprises, where the components of develop and introduce computer sof
