Doing Business in Ukraine is even easier – thanks to the online cooperation of entrepreneurs and authorities.

Electronic VAT accounting is used by more than 96% of payers, the State Tax Service of Ukraine said in a statement. More than 360,000 tax payers in Ukraine use electronic accounting.

Tax experts believe the number of electronic records will continue to grow in the future.

At the same time, the tax authorities introduce a number of convenient electronic services. They inform taxpayers on-line about the state of budget settlements, existing debt, the results of comparing the tax credit and tax liabilities in the records of tax invoices and a single register of tax invoices.

On May 30 the State Tax Service of Ukraine has launched its digital signatures key certification center, where taxpayers can receive e-signature keys for free.

Source: AIN.UA