Entrepreneurs given privilege of collecting cash

A decree on introduction of amendments and addenda to the regulation on the order of organization and control over timely and full payment of one time fees, rental payments and services for markets, trade complexes and their branches was registered by the Ministry of Justice.

According to the Ministry, the addenda envisages the followings:

• remitting cash to bank counters through collecting services or independently when the average daily cash outflows of business entities exceed 20 times the minimum monthly wage;

• remitting cash to bank counters by cash collectors at the times established by themselves or independently, when the daily earnings are less than 20 times the minimum monthly wage.

Previously, regardless of the amount of daily earnings, business entities were required to submit cash at banks’ cash counters every day.