Cybernetica develops information system to simplify registration for VAT number
Cybernetica together with Icefire have signed a contract with the Estonian Tax and Customs Board to develop enhanced functionality regarding the registration of persons liable for value added tax. The improved registration system is expected to become available in spring 2017. 800 new entities are registered to the Cybernetica-developed VAT registry every month. The new e-service will make the process significantly faster for the tax-payer, as the risk analysis necessary to complete the registration is performed already prior to the submission of the application. "Any entitiy with a clean tax record will therefore be able to view their VAT identification number immediately after applying," says Monika Jõesaar, the head of the service division of the Tax and Customs Board. "Additional information is needed from entrepreneurs without any prior records, but the submission of such information is also possible via a user-friendly online environment," Jõesaar added. According to Rudolf Osman, Head of eTax and eCustoms Systems at Cybernetica, the project is a sign of successful long-term cooperation with the ETCB. "We have been developing critical systems for the Tax and Customs Board for nearly 15 years. We are honoured to once again be able to develop systems that impact the society, enhancing ease of doing business in Estonia," Osman says. Online registration of persons liable for value added tax also rises cost-efficiency, as it removes the need to visit an ETCB service centre and greatly reduces the waiting time of registration. Cybernetica is a R&D intensive ICT company that researches, develops and manufactures software solutions, light signalling and telematics products, maritime surveillance and radio communications systems. Cybernetica has been an active counterpart in developing critical e-Governance systems, such as the Estonian X-Road, i-Voting, e-Customs and others.
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