of May 3, 2014 No. 84-V
About modification and amendments in some legal acts of Turkmenistan
I. Make changes and additions to the following legal acts of Turkmenistan:
1. In the Law of Turkmenistan "About the state support of small and medium entrepreneurship", adopted on August 15, 2009 (Sheets of Majlis of Turkmenistan, 2009, No. 3, Art. 58; 2013, No. 3, Art. 59):
2 parts one of Article 5 to state Item in the following edition:
"2) the physical persons who are engaged in business activity without formation of legal entity, individual entrepreneurs at whom the average number of busy workers does not exceed 10 people, including the most individual entrepreneur.".
Add Chapter I with Articles 5 (1), 5(2), 5(3) of the following content:
"Article 5 (1). Accounting and reporting
The subject of small and medium entrepreneurship records and represents necessary statistic, accounting, tax and other reports to the relevant state bodies according to the procedure and terms which are stipulated by the legislation Turkmenistan.
Article 5 (2). Insurance of activities and property of subjects of small and medium entrepreneurship
Insurance of activities and property of subjects of small and medium entrepreneurship is made according to the procedure, established by the legislation of Turkmenistan.
Article 5 (3). Licensing of activities of subjects of small and medium entrepreneurship, issue of patents to them
Licensing of the separate types of activity performed by subjects of small and medium entrepreneurship issue of patents to them is made according to the legislation of Turkmenistan.".
Part the second Article 14 to recognize invalid.
To add Chapter IV after Article 21 with Articles 21 (1), 21(2), 21(3), 21(4), 21(5) of the following content:
"Article 21 (1). Guarantees of provision of compensation owing to demolition of the real estate units belonging to subjects of small and medium entrepreneurship
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