Ministry of Economic Development of the Russian Federation
Ministry of Economic Development of the Russian Federation
The Government has submitted to the State Duma a draft law to simplify the procedure for state registration of businesses
15 September 2020 12:08

A draft law that will enable entrepreneurs to automatically transfer documents to the Federal Tax Service through a notary when registering a business has been submitted to the State Duma.

"We hope that the draft law will be reviewed in the autumn session," Deputy Minister of economic development Ilya Torosov said, who was appointed as official representative of the Russian Government when considering the initiative in both Chambers of the Federal Assembly. According to him, "the adoption of the law will significantly optimize the submission of documents for state registration to the Federal Tax Service of Russia, while reducing the financial and time costs of future entrepreneurs at the creation stage." "The law can be demanded by both small and medium-sized businesses and holding companies," the Deputy Minister said.

Currently, the documents can be submitted to the tax service either by the founder (future entrepreneur), or by a courier who has a notarized power of attorney, or by a notary, but for a fee.

The initiative of the Ministry of Economic Development obliges the notary to provide the necessary documents to the Federal Tax Service immediately when certifying the authenticity of the applicant's signature on the application, no later than the end of the working day. Thus, entrepreneurs do not have to carry documents to the Federal Tax Service or pay for courier services.

Дата публикации: September 15, 2020
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