On the basis of what acts IP

If a citizen decides to do business, the law requires you to go through the registration procedure to obtain the status of an individual entrepreneur. At the same time, the data are entered in a special register of individual entrepreneurs, and a citizen is assigned the status of an entrepreneur without the formation of a legal entity (PBUL).

The procedure for assigning the status

In accordance with civil law, any citizen who has passed the registration procedure as an entrepreneur without forming a legal entity can carry out entrepreneurial activity. The Federal Tax Inspectorate has the right to register on the basis of a citizen's application and the necessary set of documents prepared by him.

In order to register IP, it is necessary to pay a tax duty and draw up an application in the prescribed form. It is necessary to fill in all the provided columns, without going beyond the squares provided for each indicator, in print. A copy of the passport and a receipt for the payment of state duty must be attached to the application.

An employee of the tax inspectorate draws up an appropriate receipt in the receipt of documents and issues it against the applicant’s signature. According to the law, 5 working days are allotted for IP registration, after which a citizen receives a certificate of state registration and assignment of a registration number to him. Based on this document, an individual entrepreneur will carry out his activities. This document must be referenced when concluding various agreements, issuing licenses, printing IP, drawing up documents for rent, sale, etc.

The procedure for creating a FNU is maximally simplified, since the IP is the full owner of the business it has opened, no co-founders and equity holders are provided for it. Only an equal entrepreneur with equal rights can become a partner for an individual entrepreneur. When concluding agreements, each of them must act on the basis of his personal registration certificate.