How to close IP with tax debts

The activities of individual entrepreneurs are regulated by article 23 of the Civil Code of the Russian Federation. If activity ceases on its own initiative or forcibly, then Federal Law 129-F3 shall apply. To close an IE with debts on taxes or other fees, it is necessary to have a good reason that the debts arose as a result of bankruptcy or as a result of the death of an entrepreneur, but in this case they will have to be repaid.

You will need

• - application to the tax office;

• - a court order declaring you bankrupt;

• - death certificate (from relatives);

• - tax return.

Instruction manual

1

Any entrepreneur registers the beginning of his activity with the Federal Tax Inspectorate. It is entered in the USRIP. Based on the activity, taxes and other contributions provided by Russian law are paid.

2

If you yourself have decided to cease your activity as an individual entrepreneur, you must contact the tax office, write an application on the form of the proposed form, provide information on the payment of all contributions for the entire duration of the activity, and fill out a tax return.

3

If you have not paid tax and pension fees and you are not going to pay them off, then there are only two options for the development of events - this is to file an application with the court to declare you bankrupt or to submit a death certificate, which relatives can do. In all other cases, you will have to pay the fees and fill out a tax return, from which it follows that you, as an individual, have no debts. Individual entrepreneurship is nothing but the activity of an individual. Therefore, even if your business suffered a financial collapse, but you didn’t go anywhere. Surely you have accounts, housing, or other valuables that you can withdraw and pay off tax debts.

4

Even if you are declared bankrupt and a court order is issued, you will have to pay off your debts. Even if you have nothing, there is nothing to describe and withdraw to pay off debts, then you will be forced to work and pay off tax debts in parts.

5

If the entrepreneur has died and tax debts remain, then relatives are required to submit the original and a copy of the death certificate to the tax office. But even in this case, tax debts can be repaid. This is the responsibility of the heirs of individual entrepreneurs who entered into the inheritance left by the testator, if there are no heirs, then in court, after a court decision is made and if there is a writ of execution, valuable things or other property belonging to an individual can be withdrawn from taxes. But if the entrepreneur has died and there is nothing to withdraw, and there is no one to force work because of the death of the debtor, then this is the only option when it is impossible to repay debts.

6

In accordance with this, you can stop your activity as an individual entrepreneur, but if you are alive, you will have to pay tax debts in full with an additional charge of penalties for each day of delay in the amount of 1/300 refinancing of the Central Bank of the Russian Federation.

individual entrepreneur tax debts