Individuals and legal entities as subjects of small business

Small businesses, according to the Civil Code of the Russian Federation, must be entered in the unified state register, only then they acquire this status. They can be individuals, both legal and physical.

small businesses
The organization and legal aspects of these forms of activity are regulated by law. Individuals include their own finances in circulation. When they pool their capital, are officially registered, they acquire the status of a legal entity. Commercial organizations acting as small businesses are characterized by the following features:

- company name;

- entry into a single list of legal entities;

- legal address;

- own balance;

- bank account and seal;

- a license allowing you to engage in the type of activity of interest.

Register of small businesses

register of small businesses
This list includes all organizations and individuals who voluntarily passed the audit for compliance with certain criteria. If the company is in the register of SMEs, this makes it possible to use the provided benefits all year. In this case, you will not need to confirm your status every time. To be included in this list, some conditions must be met.

1. Fill out an application for entry into the registry.

2. Prepare all documents.

3. Submit them to the State Budget Institution of your city.

Private person as a small business

small business
They can be any citizen of the Russian Federation capable of work. In accordance with the Civil Code of the Russian Federation, the willingness to answer for one’s actions and fulfill one’s duties comes at the time of majority. It is forbidden by law to be an entrepreneur, to have organizations owned by those persons who currently hold public office. In order for a citizen, that is, a natural person, to become an individual entrepreneur by law, he must register in this status and after passing some procedures receive a confirmation certificate. To carry out his activities, he can open an account with an organization issuing loans. To do this, he needs to collect all the documents and without fail submit to the bank.

Commercial organizations acting as small businesses

They are legal entities. The main goal and motive of their activities is the systematic profit. This is fully consistent with the definition of entrepreneurship. An organization can receive a stable profit from the sale of goods and services, the use of its own property. Legal entities are registered in the form of production cooperatives, as well as unitary enterprises (both municipal and state). But the main commercial organizations acting as subjects of small business are communities and business partnerships. They operate in many economic sectors. Of the total number of all existing commercial organizations, societies and partnerships make up half.


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