Registration of entrepreneur ( SPD, FOP )
Cost - 900 UAH
Term of PE registration: 4-5 days
Registration in any locality of Ukraine is possible
What is included:
- Consulting on the procedure of urgent registration of SPD and assistance in selecting a single tax group >>>>>>.
- Assistance in the selection of types of activities according to KVED-2012 download>>>>.
- Preparation of documents for FOP registration.
- Registration of SPD in the district state administration.
- Registration of SPD FOP at the tax inspection.
- Registration of SPD FO-P in the Pension Fund.
- Production of a seal, if it is necessary for conducting business.
- Entering up to 10 items of CEDS into the register.
- Accompanying the client in opening a bank account.
For registration of SPD FOP is necessary:
- Provide a copy of passport and identification code;
- Choose with our help the types of activities according to the classifier KVED-2012;
Upon completion of PE registration you will receive the following documents:
- Extract from the register on registration of the PE;
- Notification of registration in the pension fund;
- Notification of registration as a tax payer;
- Seal, if necessary;
- Bank account, if necessary;
- Certificate of the single tax payer;
- Single tax payer's income book.
Additional costs (optional)
|
Service |
Cost (UAH) |
|
Registration of an Individual Entrepreneur (IE) as a single tax payer of 1st, 2nd, or 3rd group |
800 |
|
Registration of the income book of a single tax payer at the tax inspection |
300 |
|
Seal manufacturing |
500 |
|
Entering more than 10 positions of KVED-2012 into the register, for every 10 full (incomplete) positions exceeding 10 |
200 |
|
Obtaining a VAT payer certificate |
800 |
|
Notarization of a power of attorney |
700 |
|
Simultaneous registration for VAT and single tax |
1800 |
Key information to know before starting work as an Individual Entrepreneur (IE):
Liability: Entrepreneurs are personally liable for debts with all their property. This liability extends to debts to clients of the entrepreneur as well as for the payment of taxes and the single social contribution.
Taxation: The best tax scheme for entrepreneurs is the single tax. Learn more about the single tax >>>>> .
Which group of the single tax to choose?
If you plan to work only with individuals, it is better to choose the 1st or 2nd group of the single tax.
The 1st group is rarely used: you can provide only household services, and turnover should not exceed UAH 1185700 in 2023.
The 2nd group is suitable for those whose revenue does not exceed UAH 5921400 in 2024, but you cannot provide services to legal entities.
The 3rd group of single tax payers is ideal if you provide services to legal entities, and your turnover is not more than UAH 8285700 in 2024.
Tax privileges:
There are no tax privileges for the single tax, but Individual Entrepreneurs (IEs) in the 1st and 2nd groups who do not have hired employees do not have to pay the single tax during their annual vacation (no more than one calendar month per year) and throughout the entire period of illness, if the illness does not exceed thirty days.
Are entrepreneurs obliged to submit reports electronically?
No, they are not obliged to do so. The obligation to submit electronic reports applies only to enterprises classified as medium and large (Article 49.4 of the Tax Code). Accordingly, entrepreneurs do not have this obligation - all requirements from tax authorities regarding the submission of reports in electronic form are unlawful and can be ignored.
Withdrawal of cash
IEs who are single tax payers actively use tax optimization schemes.
When cashing money received into the entrepreneur's account, please note the following:
Non-cash transfers should be made only to an account opened for entrepreneurial activities, specifically account 2600. Using accounts starting with numbers 2620, 2605, and others for these purposes is strictly prohibited.
After receiving money into account 2600, you can withdraw money through the bank's cash desk using a checkbook or transfer it to an account (including a card account) opened in the name of a natural person, with the purpose of payment being "Income from entrepreneurial activities for (specify the period) of 2024."
There are schemes that allow reducing expenses for cash withdrawal to almost zero. Our lawyers are happy to share this information with our clients.
Can an individual entrepreneur (IE) be both a single tax payer and a VAT payer?
Yes, they can. Entrepreneurs who belong to any group of single tax payers can be VAT payers. To do this, you need to obtain a VAT payer certificate from the tax authorities. Registering as a VAT payer is advisable only for entrepreneurs providing services or selling goods to legal entities that are VAT payers.