Individual entrepreneur: become the master!

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It does not matter where you work - at a state enterprise or in a private office - for sure, at least once you have had misunderstandings with management.

Even if your boss is a good leader and a highly qualified specialist, a mirror-smooth relationship at the "director-subordinate" level is extremely rare.

But there are sufferers who work under the guidance of real tyrants.

It's scary to imagine how many mini-stresses they experience during the day.

The simplest option is to change the place of work, but there are no guarantees that in the new office in the director's chair there will be a real angel, not a horned devil.

And yet, there is a way out: to become an individual entrepreneur !

Of course, this is not so simple, but such a step has many advantages and, with due diligence, can lead you to success.

Who is an individual entrepreneur?


This is the name of an individual( a person who owns the rights and duties, which is given to him by birth and is liquidated due to death), which is engaged in business legally( after having been established by the state and paying taxes) without turning it into a legal entity( createdon legal grounds organization).

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Individual Entrepreneur ( IP) is a person who is accountable in the face of the law for all his property, and not just for what is used for business.

Such conditions very often lead to the fact that businessmen are registered not as IP, but as a limited liability company.

In this case, only capital is liable to collection, which was introduced as a share for the registration of the enterprise.

And yet, despite such a serious drawback, individual entrepreneurship has a number of advantages:

  • You will not be hanging the sword of Damocles in the form of a superior boss above you.
    However, punitive functions are performed very successfully by tax authorities, bureaucratic state system and corruption officials.🙂
  • Having competently made a business plan, choosing the right place for business, collecting start-up capital, working hard - you can not just earn enough for a decent life, but also build your business over time.
  • Once your business is on its feet and you form a working team that you can trust, you will have a relatively free work schedule.
  • The procedure for registering and eliminating this status is not too complicated.
  • If you accidentally run into an administrative fine, its amount will be significantly lower than that awarded to a legal entity.
  • Accepting the necessary business solutions, you do not have to log.
  • You will not be required to conduct cash transactions and issue annual financial statements.
  • The profit that you earn as a private entrepreneur will be exclusively yours( net of taxes, of course).

How to become an individual entrepreneur in a short time?


Entrepreneurship is protected by the Constitution and laws of any country.

For example, in Ukraine - this is art.42 of the Constitution and Cl. 1 Art.50 of the Civil Code.

According to these documents, any citizen of our country who is already 18 years old can become an individual entrepreneur.

The following categories are an exception:

  • civil servants;
  • military;
  • of the judge;
  • militiamen, including all the subdivisions of the
  • deputies of the Verkhovna Rada and other government men.

If you already know how to become an individual entrepreneur , then surely in the course that you will have to register only at the place of residence.

If you have a "Kiev" in your passport, you must submit your documents to the state registrar in the capital, even if you are going to conduct business in Boryspil or in Cherkassy.

The package of documents that is submitted to Ukrgosreestr is not so voluminous: copies of the passport, identification code and Registration card, filled in Ukrainian( state) language.

Carefully complete and prepare all documents, because in case of an error you can not become an IP.

The law states that the registration of a new individual entrepreneur must occur no later than 2 working days from the date of submission of all documents.

If the state registrar delays the process, then you can complain to his superiors.

P.S.In case of extortion of a bribe - immediately write an application to the police. Do not flesh yourself with corrupt officials and bribe-takers, complaining later: "What a bad country we have!"

How to close the PI - instruction

The fact that a new PI has appeared that will pay a single social contribution is learned by the tax department from the state registrar who will register you with the tax service.

You do not need to write any applications separately.

The main thing - do not forget to replenish the state treasury on time.

I am now an individual entrepreneur!


You decide, to register your business as an IP or to look for some alternative options.

This step has both advantages and disadvantages.

But I have an example when a person, having registered as an individual entrepreneur , never regretted it. This is my hair stylist.

She's an excellent master!

Works either at home or travels to clients.

After finishing the course, she worked in the beauty salon for about 2 years, then she left there, taking customers with her, worked for herself for another six months, and then decided that it was time to think about the future pension and register as an IP.

Claims that it is quite satisfied.

Earnings are not bad even after paying all taxes.

Said: "I would be ashamed to work without paying any state taxes, because both my parents are already retired, so they need to pay pensions."

I think that if everyone honestly paid taxes, especially with huge revenues, and the government did not put everything in their pockets, it would have been much easier and richer for us.

Pros and Cons of IP,

you will learn in this useful video!

P.S.those who wish to work for themselves - we recommend registering yourself as an IP.


I'm sure you understand how to become an individual entrepreneur .

This is quite easy from a legal point of view.

If you are afraid that you can not cope with the registration procedure yourself, you can contact any law firm for help.

  • Mar 04, 2018
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