Experts – for secure international trade

Konstantin Pilkov, Cai & Lenard’s Managing Partner took part in a meeting of the Council on Corporate Security of the Ukrainian Union of Industrialists and Entrepreneurs (http://www.uspp.org.ua/) as an expert on international trade. The problems of security and protection of the companies’ interests in the course of foreign economic activity as well as other important issues for business were considered at the meeting.

“In addition to the problems that exist for years and are related to VAT refund to exporters there are other urgent issues. One of these issues includes adaptation of tax legislation and tax authorities’ working practice to the customs e-declaring. Well-established informational interexchange between customs and tax authorities allows releasing entrepreneurs from duty to submit customs declarations to the tax authorities. At least, the State Tax Service should cooperate and confirm its readiness to work with e-declarations. Moreover, the draft law on the procedure of cooperation of the State Tax Service authorities and customs authorities during import control that is brought up by the Ministry of Finance demands reaction of entrepreneurs. The mechanism of involvement of tax officers into the process of customs clearance proposed in the draft law may complicate customs formalities or even become a corruptogenic factor”, - mentioned Mr. Pilkov.