Registration is also not available to persons who have been bankrupt for less than a year.
IP status: pros and cons
After completing the registration of an individual entrepreneur, you receive some advantages when cooperating with companies. This is due to the fact that companies are more willing to enter into contracts with individual ecuador number data entrepreneurs than with individuals.
In addition, in this status you will have to pay taxes and fees yourself, which allows you to regulate your expenses and income yourself.
But also after registering as an individual entrepreneur, certain obligations are imposed on you, which must be fulfilled in good faith. Otherwise, you will pay with your own property.
Another advantage of an individual entrepreneur is lower fines for violations and a more lenient inspection system.
Cost of opening an individual entrepreneur
When registering as an individual entrepreneur, you must pay a state fee of 800 rubles. But the costs may increase to 7,000 rubles if:
- you will be preparing the examples of completed documents documentation yourself (in this case, you will need the services of a notary, which on average cost from 400 to 1500 rubles)
- you will need to order your own seal (the cost of such a service varies from 50 to 1500 rubles)
- decide to open a bank account (sometimes this can be done for free, but usually you need to invest up to 3,000 rubles)
- contact specialized companies for help in registering an individual entrepreneur (these services can cost from 1,000 to 5,000 rubles)
Required documents
To register as an individual entrepreneur, you will need a number of documents:
- The original passport and photocopies of all its pages,
- One copy of the completed application for registration of individual entrepreneur ( Form P21001 ),
- Taxpayer Identification whatsapp database Number (if necessary, it can be obtained when registering),
- Receipt of payment of state duty,
- Two copies of the application
