The Government will reduce inspections of small business

In governmental authorities they talk constantly about the development of small business, but sometimes good ideas bump up against the practice of frequent inspections by all sorts of regulatory bodies, when it becomes difficult to conduct business due to the high bureaucratization.

Today, when country’s economy is not in the best condition, the problem of lifting of excess restrictions gained a new actuality. In particular, at a meeting with the First Deputy PM Igor Shuvalov in March, the Federal Antimonopoly Service (FAS) was tasked to establish immunity for enterprises with annual revenues being below 400 mln RUB and reduce the number of inspections of small business for a period of not less than three years.

The idea seems to be quite reasonable and should give a new impulse to the development of the business environment.