How to register a sole proprietorship (IP)

How to register a sole proprietorship (IP)
\nPros of registration
\n
\nThe status of an individual entrepreneur lets you run your business without registering a legal entity.
\nOpportunities to cooperate with organizations that, by paying you via bank transfer, can write the amounts off as expenses.
\nThe ability to register your own trademark.
\nAn individual entrepreneur, like any commercial organization, has the right to use hired labor.
\nThe official status of a sole proprietor means you are recognized by the state, which guarantees favorable conditions for your activity (non-interference, legal protection).
\nRelief from personal income tax (PIT), reduced contributions to the Pension Fund of Russia (PFR) and the Social Insurance Fund (FSS).
\nRequirements for a sole proprietor
\n Mandatory reporting;
Taxation;
Meeting qualification requirements;
Property liability.
\nStep-by-step instructions for registering a sole proprietorship
\n
\n1. Collect the necessary documents
\n
\nThe package of documents for registering a sole proprietorship in 2016 is not that large:
\n Passport;
Taxpayer identification number (INN);
Receipt of payment of the state fee for registration (at the nearest branch of any bank).
\nPros of registration
\n
\nThe status of an individual entrepreneur lets you run your business without registering a legal entity.
\nOpportunities to cooperate with organizations that, by paying you via bank transfer, can write the amounts off as expenses.
\nThe ability to register your own trademark.
\nAn individual entrepreneur, like any commercial organization, has the right to use hired labor.
\nThe official status of a sole proprietor means you are recognized by the state, which guarantees favorable conditions for your activity (non-interference, legal protection).
\nRelief from personal income tax (PIT), reduced contributions to the Pension Fund of Russia (PFR) and the Social Insurance Fund (FSS).
\nRequirements for a sole proprietor
\n Mandatory reporting;
Taxation;
Meeting qualification requirements;
Property liability.
\nStep-by-step instructions for registering a sole proprietorship
\n
\n1. Collect the necessary documents
\n
\nThe package of documents for registering a sole proprietorship in 2016 is not that large:
\n Passport;
Taxpayer identification number (INN);
Receipt of payment of the state fee for registration (at the nearest branch of any bank).
\nPros of registration
\n
\nThe status of an individual entrepreneur lets you run your business without registering a legal entity.
\nOpportunities to cooperate with organizations that, by paying you via bank transfer, can write the amounts off as expenses.
\nThe ability to register your own trademark.
\nAn individual entrepreneur, like any commercial organization, has the right to use hired labor.
\nThe official status of a sole proprietor means you are recognized by the state, which guarantees favorable conditions for your activity (non-interference, legal protection).
\nRelief from personal income tax (PIT), reduced contributions to the Pension Fund of Russia (PFR) and the Social Insurance Fund (FSS).
\nRequirements for a sole proprietor
\n
\nmandatory reporting;
\ntaxation;
\nmeeting qualification requirements;
\nproperty liability.
\nStep-by-step instructions for registering a sole proprietorship
\n
\n1. Collect the necessary documents
\n
\nThe package of documents for registering a sole proprietorship in 2016 is not that large:
\n
\npassport;
\ntaxpayer identification number (INN);
\nreceipt of payment of the state fee for registration (at the nearest branch of any bank).
\nPros of registration
\n
\nThe status of an individual entrepreneur lets you run your business without registering a legal entity.
\nOpportunities to cooperate with organizations that, by paying you via bank transfer, can write the amounts off as expenses.
\nThe ability to register your own trademark.
\nAn individual entrepreneur, like any commercial organization, has the right to use hired labor.
\nThe official status of a sole proprietor means you are recognized by the state, which guarantees favorable conditions for your activity (non-interference, legal protection).
\nRelief from personal income tax (PIT), reduced contributions to the Pension Fund of Russia (PFR) and the Social Insurance Fund (FSS).
\nRequirements for a sole proprietor
\n
\nmandatory reporting;
\ntaxation;
\nmeeting qualification requirements;
\nproperty liability.
\nStep-by-step instructions for registering a sole proprietorship
\n
\n1. Collect the necessary documents
\n
\nThe package of documents for registering a sole proprietorship in 2016 is not that large:
\n
\npassport;
\ntaxpayer identification number (INN);
\nreceipt of payment of the state fee for registration (at the nearest branch of any bank).
Article author: Petr