How to set up your business

Making a business means registering it in the manner prescribed by law. This is the choice of the legal form of the company or the status of an individual entrepreneur, collecting documents, submitting them to the tax office and obtaining all the necessary certificates and licenses.

Instruction manual

1

The most common forms in which a small business is conducted are an individual entrepreneur (IP) or a limited liability company (LLC). Advantages of IE - a simple registration procedure, the ability of an entrepreneur to manage the proceeds of his activities independently, bypassing banks, the lack of the need to keep accounting records. Advantages of LLC - its participants are not liable for its obligations with its property (unlike IP!), It can engage in retail sale of alcohol (this is important if you open a store or cafe), in the eyes of most people LLC is more respectable.

2

Making a business in the form of IP occurs according to the following algorithm:

1. filling in the application form for registration of IP (it can be found on the Internet). Particular attention should be paid to the introduction of the OKVED code (code of the type of your activity). To do this, you just need to find the text of OKVED, it contains many notes and explanations, so it will be easy to find your code.

2. Preparation of copies of the passport and TIN.

3. visit to the tax at the place of residence with documents.

4. a visit to a notary public with an application for registration of an individual entrepreneur with a tax inspection code added by a tax inspector, notarization of copies of a passport and TIN, as well as an application.

5. payment of state duty (800 rubles).

6. Submission of all documents together with the receipt to the same tax office (at the same time, you can write a statement on the transition to a simplified tax system).

7. obtaining a certificate of registration of individual entrepreneurs and extracts from the register of individual entrepreneurs.

8. Obtaining statistics codes in Rosstat (just a visit to Rosstat with IP documents).

9. opening a bank account for individual entrepreneurs (for this it is necessary to take all documents of individual entrepreneurs, taxpayer identification number, passport).

10. notification of the tax office about opening an account.

3

Registering an LLC is more complicated than registering an IP. Many resort to the services of specialized firms, as it saves time and nerves. In addition, when preparing documents, you can make mistakes and thereby extend the registration procedure. Services of companies involved in business registration cost from 7, 000 rubles.

4

If you still decide to register the LLC yourself, then the registration procedure looks something like this:

1. preparation of the constituent documents of the LLC (two copies of the charter of the LLC, the minutes of the general meeting of participants on the establishment of the LLC, a receipt on payment of the state duty, a statement in the form P11001 with the signature of one of the founders certified by a notary, a statement on the transition to a simplified taxation system).

2. opening a savings account in a bank to which the amount of the authorized capital is credited (at least 50% of the authorized capital must be paid before the registration of the LLC).

3. payment of the state registration fee - 4000 rubles.

4. submission of all documents to the tax office No. 46.

5. Obtaining extracts from the Unified State Register of Legal Entities, registered constituent documents, certificates of state registration, tax registration, documents confirming registration with extra-budgetary funds and Rosstat.

6. Printing Production Ltd.

7. Opening a bank account.

5

Documents on registration of LLC or IE are received, as a rule, within 5 working days after submission. All changes (such as the sale of LLC shares, change of directors) must be reported to the tax office.