More and more people are choosing to work for themselves. If you also have such a desire and at the same time you understand that you do not need more than three employees for your future business, then registering as an individual entrepreneur (opening an individual entrepreneur) is a great solution for you. What does a future business owner need to know in order to register his business in Belarus as an individual entrepreneur?
In order to open (register) an individual entrepreneur, you first need to decide on the type of activity that you want to carry out.
You will need to indicate the code and type of activity that you choose in your application, which is submitted to the registration authority when opening (registering) an individual entrepreneur. Previously, it was important to carry out the type of activity that was indicated in the application for registration as an individual entrepreneur when opening an individual entrepreneur, but, according to recent changes in legislation, an individual entrepreneur no longer has such an obligation. That is, if you, when opening an IP, indicated one type of activity in the application for registration of an IP, and after a while you decided to do another job or provide other services, you can safely do it.The entire list of types of activities that you can carry out are listed in the national classifier of the Republic of Belarus OKRB 005-2011 “Types of economic activity” (OKED), the latest changes were approved by the Resolution of the State Standard of November 16, 2018 No. 122 and entered into force on January 1, 2019.
After the type of activity is determined and verified with the national classifier, you need to take a picture. Photos must be in color and be 30x40 mm. It is also necessary to fill out an application for state registration of IP.
An application for state registration as an individual entrepreneur does not need to be signed when filling out. An application for opening an IP is signed at the registration authority in the presence of the registrar when opening an IP.
After the application is completed and the photographs are ready, you must pay the state fee. The state duty is 0.5 b.v. The state fee can be paid using ERIP (name of the catalog in ERIP - Courts, Justice, Legal Services) or through a bank. If payment is made through ERIP, then when opening (registering) an IP, the original or a copy of the payment order for the payment of the state fee for registering an IP does not need to be provided to the registration authority. Details for paying the state fee for opening (registration) of an IP can be found on the website of the registering authority or in the registration authority itself upon personal contact when opening (registration) of an IP.
You may be exempted from paying the state fee for opening (registration) of an individual entrepreneur if you are registered with the labor, employment and social protection authority as unemployed; if you are a full-time student in a general secondary, special, vocational, secondary specialized, higher educational institution; if you have completed a full-time education and it has not been a year since your graduation. If you see that one of the grounds listed above suits you, then when opening (registering) an individual entrepreneur, you must present confirmation that you have such a ground to the registrar in the registering authority.
After the application is filled out, the photos are ready and the state duty is paid (or a confirmation of exemption from its payment is prepared), you can contact the registration authority to open (register) an individual entrepreneur.
The body for opening (registration) of IP is selected at the place of registration of the individual who opens (registers) IP. You also need to know that the legal address of the IP will also be the address at which the individual who opens the IP is registered. After you have opened an individual entrepreneur, you will be issued a certificate of state registration of an individual entrepreneur. On the day of issuing such a certificate, you can apply to the bank to open an IP current account.
Also, after you have opened (registered) an individual entrepreneur, you need to purchase a book of accounting for conducting inspections, a book of comments and suggestions, a book of accounting for income and expenses. These books can be purchased after the opening of the IP in the shops of the trade department of RUE "Information and Publishing Center for Taxes and Duties".
If you have any questions about opening an individual entrepreneur, you can always contact the law firm ProYuristBy. We have professionals who will not only provide you with high-quality advice on all issues of opening (registration) of IP, but will also be able to help at any stage of opening (registration) of IP.
