How to close the IP?

In this difficult time, business may not adapt to new realities. There are situations when you need to make serious decisions in order to make way for something new. So closing a business can be the start of something bigger.

Removal of an individual entrepreneur from registration is carried out by the tax authority. If you decide to close an individual entrepreneur, you need to make sure that you do not have any debts, and then contact the tax office at the place of registration with the following list of documents:

⁃ tax application for termination of activities

⁃ notification of the beginning or termination of activities as a taxpayer carrying out certain types of activities

⁃ liquidation tax reporting

⁃ tax application for deregistering a cash register (if any)

After submitting all documents and paying off existing debts within 10-15 business days, you will receive a notification about the termination of your IP.