The new tax system will allow small businesses to save up to 40% of tax expenses

The law “On the Patent Taxation System” was introduced in Abkhazia for the first time.

Sukhum. January 17. Apsnypress. On January 1, 2019, the Law "On the Patent Taxation System" came into force. The law was adopted at the session of the National Assembly of Parliament of Abkhazia in August 2018.
 
  Head of the press service of the RA Ministry of Taxes and Levies Georgy Gabunia told Apsnypress about the advantages of the Law: “The patent system of taxation was introduced in Abkhazia for the first time. The law is designed for those entrepreneurs who do not use the services of wage labor. The advantage of the system is that small businessmen, buying a patent for a period of 1 to 12 months, pay all taxes in advance and save up to 40% of tax expenses. The longer a patent is acquired, the lower the tax amount will be. ”
 
 According to Gabunia, the following types of business activities that are carried out independently (without hired labor) fall within the scope of the RA Law “On the Patent Taxation System”:
 - the provision of personal services according to the list provided in Annex 1 to the Law;
 - veterinary services;
 - the provision of tourist services for riding astride animals;
 - the provision of rental services according to the list given in Appendix 1 to the Law;
 - the provision of road transport services according to the list provided in Annex 1 to the Law;
 - retail trade carried out through objects of trade (kiosks, tents, trays and other objects of trade), including those without a stationary retail space, the total area of ​​which does not exceed 10 square meters;
 - computer room services;
 - production of blacksmith products;
 - the manufacture of products of folk arts and crafts;
 - providing services in small means of accommodation, the number of rooms does not exceed 7 rooms;
 - individual production and sale of culinary products;
 - music and dance services for celebrations and ceremonies;
 - training and tutoring services;
 - the creation of paintings;
 - entertainment and gaming amusement services.