How To Legalize Income

Table of contents:

How To Legalize Income
How To Legalize Income

Video: How To Legalize Income

Video: How To Legalize Income
Video: Make More Money From Your Rental Property | How To Legalize Your Basement Suite For INCOME Today! 2024, November
Anonim

Having worked as a freelancer for several years, many are faced with a situation where they cannot get a loan or other type of benefits, since their income is not official. To solve this problem, you need to legalize your profits. According to the current legislation, this is done by registering a legal entity.

How to legalize income
How to legalize income

Instructions

Step 1

If you are self-employed and do not plan to hire workers, then it is best to register as an individual. As a result, you will be able to legalize income and pay the minimum single tax rate of 6% under the simplified taxation system.

Step 2

Select the type of business activity according to the KVED codes. It should completely match the area of your employment. For example, if you are engaged in advertising, then you need the code 74.40 "Advertising". If you draw up charts, tables and summarize reports, then select 72.30 "Data processing". A complete list of KVED codes can be found on the Internet or asked from the tax office.

Step 3

Contact your local state registration authority and inform that you want to register a business. You will be given an application form and a questionnaire card. Fill in all the required information. Be sure to bring your passport and identification code with you.

Step 4

Obtain a certificate of registration of the SPD. With him, you will need to go to the department of the Pension background of the Russian Federation and the statistics authorities and register your data in them. Register with your local tax office. Get your hands on all the required registration documents. If you are going to work with printing, you will get permission from the licensing system of the Ministry of Internal Affairs for its production.

Step 5

Open a current bank account. When providing services, it is necessary to conclude a written contract with customers, issue invoices for payment, and also sign an act of completion. These documents will allow you to reflect the profit made in the tax return.

Step 6

It is also necessary to keep all documents that confirm the fact of the costs of doing business. For example, if you work on the Internet, you will need bills for its payment, electricity bills and receipts for the purchase of office supplies. Also, this may include the cost of repairing computer equipment.

Recommended: