ArmInfo. In Armenia, a number of catering facilities can replenish the list of micro-business enterprises. The Parliamentary Commission on Economic Affairs of the National Assembly of the country at the meeting on November 27 in the second and final reading approved the amendments to the Tax Code proposed by the Enlightened Armenia faction, which are now considered at a planar meeting of the parliament.
According to the deputy of the National Assembly from the Enlightened Armenia faction Mane Tandilyan, on January 1, 2020, a preferential tax system for micro-businesses with an annual turnover of up to 24 million drams will be applied in Armenia. As the deputy noted, these enterprises will be completely exempt from paying taxes. However, the current code contains restrictions on catering establishments. In this regard, it is proposed to include public catering facilities in Yerevan and micro-business outlets in shopping centers outside the Armenian capital. In addition, it is also proposed to exempt from the payment of taxes the organization of catering in the regions of the country. The bill will enter into force the day after publication.
Recall that from January 1, 2020, a new form of taxation for micro-business enterprises will begin to be applied in Armenia. Today the following alternative taxation systems are in place: self-employed (certain types of activities with an annual turnover of up to 9 million drams are exempted from taxes, excluding import duties), family business entities (family members with a turnover of up to 18 million drams, pay only import taxes), tax payers from turnover (with a turnover of up to 115 million drams) and patent tax (those carrying out certain types of activities pay a fixed tax, without limiting turnover. "According to the Ministry of Finance, as a result of the availability of alternatives With the help of taxation systems, difficulties, misunderstandings and corruption risks are created, business becomes more vulnerable in relations with tax authorities.As a result, the financial authorities of Armenia suggest that the system of taxation of small businesses be simplified significantly from January 1, 2020. In particular, instead of two alternative taxation systems - self-employed and family business, the government intends to introduce one micro-enterprise taxation system. This system can be used by legal entities and individual entrepreneurs (IP), as well as individuals who are not IP, if their annual turnover does not exceed 24 million drams. At the same time, the document of the Ministry of Finance noted that micro-business entities will not be considered as organizations and entrepreneurs operating in shopping centers, places of trade and fairs in the administrative borders of Yerevan or outside the capital. In the course of their activities, they can hire individuals as employees, and the income tax on them will be paid in the amount of 5 thousand drams.
