"We have got about one million applications from private businessmen on transferring to the system of simplified taxation and reports for 2011," reports the State Tax Service.

About one million entrepreneurs have chosen the single tax system for this year, the service noted on Monday.

Additionally, the report notes that the agencies of the State Tax Service had ensured there were the necessary amount of application forms for the right to use the single tax system, and proper conditions for the timely issuing of single taxpayer certificates were created, in particular, a work schedule for the relevant employees during official days off was established.

Simultaneously, after the Tax Code came into effect, the conditions for the registration of single taxpayer certificates will be the same.

Thus, according to the Ukrainian current legislation, private businessmen were to submit an application to register a single taxpayer certificate no later than 15 days before the start of the reporting period.

As it was noted, until amendments to the Tax Code with regard to the taxation of small companies are made, presidential decree of Jul. 3, 1998 on the single tax system and reports by small business is to be in effect.

Thus, private businessmen are to submit an application for 2011 no later than 15 days before the start of the reporting period that is by December 15, 2010, from which the single tax system would be applied to register the single taxpayer certificate.

The Tax Code came into effect on Jan. 1, 2011.