The Government simplifies the procedure for the electronic administration of fuel sales

7/6/16

Following the initiative of the Ministry of Finance, the Government of Ukraine has adopted a draft decree aimed to simplify and give more transparency to the procedure of the registration of all entities selling fuel as excise tax payers. The adoption of the draft decree “On Amendments to the Procedure of the Electronic Administration of Fuel Sales” enables entities acting on the basis of joint economic activity without establishing a legal entity to get registered as excise tax payers to sell fuel.

The Ministry of Finance is actively working to improve the tax system in Ukraine including steps to simplify tax administration and to improve the business climate.

The adopted draft decree makes it possible to adjust the Procedure of the electronic administration of fuel sales (Decree of the Cabinet of Ministers of Ukraine No. 113
dated February 24, 2016) to the current Tax Code. It removes the provision which allows private persons and legal entities only to be registered as excise tax payers to sell fuel. This provision prohibited entities acting on the basis of joint economic activity without establishing a legal entity from getting registered as excise tax payers to sell fuel.

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