Sole proprietors, that had problems with paying taxes and practically are in debt to the whole state, will no longer be able to apply to banking institutions for getting consumer or business loans as private actors. Furthermore will be implemented some limitations in connection with opening accounts.
Such claims FinMin set up for financial institutions by sending official letters to organizations. From now on the banks are to carry out inspection of every private individual, that claims to getting real assets – not only in terms of one’s financial solvency but also in absence of debt claims from the state.
Banking institutions after acceptance of amendments in Tax Code got the right to request the data of a potential client in bases of Unified State Register of Legal Entities and Unified State Register of Real Estate Rights and Transactions. If any problems are to occur, a sole proprietor will be turned down in loan or opening an account.
However, individuals will be served in banks even if they are indebted (in most cases these are land tax or transport tax).
If the bank doesn’t check the client via electronic service, and afterwards it will appear that a sole proprietor is in debt, such financial institution will face fines and sanctions.
News
