Business reform to affect 40 thousand individual entrepreneurs

The business reform will affect about 40 thousand individual entrepreneurs. The Finance Ministry notes that the innovations in the law do not impose unnecessary fiscal pressure, and experts do not expect breakthrough revenues to the budget from its implementation. The main task is to streamline the forms of business and the very system of entrepreneurial activity in the country. According to the new legislation, by July the government will determine the types of activities that individual entrepreneurs can engage in. On May 15, these lists will be posted on the National Legal Internet Portal for public discussion. The law also reflects new approaches to financial support for the private sector.