BUSINESS ACTIVITY
- an independent activity carried out at its own risk aimed at the systematic receipt of profits from the use of property, the sale of goods, the performance of work or the provision of services by persons registered as individual entrepreneurs.
Subject PD - an individual or a legal entity.
PD citizen - activities carried out by an able citizen on their own, without the formation of a legal entity - an individual entrepreneur. The activity can be carried out from the moment of registration, for which the citizen submits an application and a receipt for payment of the registration fee. Documents can be submitted by mail.
The certificate of registration received by an individual entrepreneur is unlimited. State registration as
Of the individual entrepreneur and the certificate of registration become invalid if the entrepreneur submits an application for annulment of the registration of the certificate or if the court has made a decision to recognize the individual entrepreneur as insolvent.
A citizen who carries out PD without forming a legal entity, but not registered as an individual entrepreneur, is not entitled to refer to transactions concluded by him that he is not an entrepreneur.
Individual entrepreneur
Is recognized as insolvent if, by reason of his property position, he is unable to satisfy the claims of creditors. An individual entrepreneur is declared insolvent by a court decision or without a court decision (voluntarily).
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