What are some requirements concerning tax registration and reporting in general?
Registration should be conducted within 30 days of the Administration of Industry and Commerce (AIC) has issued the business license. Changes to the taxation should be reported within 30 days to the same authority and cancellation of taxation should be made before cancellation of the business license. When registering at the AIC the following information is required: a) Business license. b). Articles of Association, contracts. c) Bank account certificate. d) ID card. e) Other documentation that may be required by the tax authorities.
Reporting of taxes should be made within the stipulated time requirements in a correct manner. If there are problems that hinder payment the taxpayer can apply for delay of payment, which must be approved by the authorities.
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