Thursday, July 13 2017 15:23

ArmInfo. Armenia is reviewing the  maximum bar for determining licensing payments by small and  medium-sized businesses in the sphere of public catering. The Prime  Minister of Armenia Karen Karapetian announced the corresponding  instruction on July 13 at a meeting of the Government of the country.

The head of government recalled that, according to the Tax Code  adopted in 2016, new criteria for licensing payments from public  catering facilities were established. In particular, according to the  current legislation, license payments in respect of public catering  facilities are established with a maximum area of the service hall of  100 square meters, instead of the previous 600 sq.m. This innovation,  as the prime minister pointed out, aroused the concern of SME  representatives.

In this context, considering the policy of Government aim at SMEs  support, Prime Minister instructed the responsible structures to  modify and present offers on review to the Government in a month for  the maximum bar to the area of hall of public  catering and the  license payments from SMEs.