An individual entrepreneur is a person without legal education. This organizational and legal form is convenient if you do not plan to organize a large company. Like any other entrepreneur, you must keep your accounting and tax records. You can choose from three taxation systems. Tax accounting depends on this.
Instructions
Step 1
General tax regime. By choosing this system, you must calculate and pay VAT, property tax, 3-NDFL, employee insurance premiums and other local taxes (for example, land transport).
Step 2
VAT is calculated and transferred to the budget on a quarterly basis (by the 20th day of the month following the reporting period). The VAT rate can be 0%, 10%, 18%. In practice, the latter is most often used. A 0% rate is applied when exporting goods, that is, exporting them outside of Russia. The 10% rate is used for the sale of meat, milk, bakery products, seafood and other goods (Article 164 of the Tax Code of the Russian Federation).
Step 3
3-NDFL is transferred annually until July 15 of the year that follows the reporting year. The rate is 13%. Tax is calculated on income from entrepreneurial activities, as well as on property owned by an entrepreneur.
Step 4
Simplified taxation system. This system is the most optimal for a person without legal education. By choosing it, you are exempt from the delivery of financial statements, VAT and personal income tax. There are two types of STS: income (the rate is 6%) and income reduced by the amount of expenses (the rate is 15%). Calculate and pay insurance premiums for your employees on a quarterly basis.
Step 5
A single tax on imputed income. Under this taxation system, you must pay a single tax (15% of the amount of imputed income). Payments should be made quarterly (by the 25th of the month following the reporting quarter). Also, you must charge insurance premiums. It should be noted that this system can be used in conjunction with another. Let's say you provide veterinary services, in addition to that you sell drugs for animals. In this case, you can combine the STS and UTII. The second system will be calculated based on the income received from veterinary services.
