Who is an individual entrepreneur

Individual private entrepreneurship is available to any citizen of the country who wants to carry out commercial activities within the framework of the law. This legal form allows you to not form a legal entity, which greatly simplifies and reduces the design of the necessary permits and registration documents.

Who can be an individual entrepreneur

The law defines entrepreneurial activity as being carried out independently at your own peril and risk in order to systematically generate income. The activities of individuals who position themselves as individual private entrepreneurs are regulated by article 23 of the Civil Code of the Russian Federation. It says that in order to carry out such activities, a citizen only needs to go through the registration procedure, after which he can conclude transactions, produce goods or services.

Individual entrepreneurs can be, in fact, any individuals who have reached the age of majority, as well as minors from a certain age, both residents and citizens of other states or persons without citizenship in general. Even a municipal or public servant can become a private entrepreneur and register officially.

A prerequisite for all these categories of citizens is legal capacity, not limited in court. In the event that a person under the age of 18 wants to carry out commercial activities, he will need the consent of his parents or guardians, in the absence of such consent, a young businessman can act on the basis of a court decision recognizing his legal capacity. Persons under the age of 18, but already married, the permission of parents or guardians is not required.