In particular, the document stipulates that the subjects of audit activity should pay in favor of the Public Audit Office an audit fee of 1% of the remuneration (excluding VAT) under a contract for the provision of statutory audit services to enterprises of public interest.
We remind that such an obligation of the subjects of audit activity to pay contributions to each contract for the provision of audit services for statutory audit to enterprises of public interest, in favor of the Public Supervision Authority for audit activity, is established by Part 13 of Art. 15 of the Law "On Audit of Financial Reporting and Auditing Activities".
The very creation of the Public Audit Office is foreseen by the Law on the Audit of Financial Reporting and Auditing, which came into force on October 1, 2018 (except to the sub-clause on amendments to the CUAO, which came into force on January 1, 2019).
It should be noted that the amount of the relevant contribution should be determined by the Cabinet on the basis of the budget of the Public Audit Office. It is established that it can not exceed 2% of the amount of the remuneration.