Elimination of IP and what you need to know about it

It’s not always possible to be on a horse. Life is full of surprises, which means you need to think not only about the paths of advance, but also retreat.

Every day, individual entrepreneurs are becoming more and more. However, this does not mean that there are few people who, for one reason or another, have lost this status. There are not so few reasons why a person ceases to be an individual entrepreneur:

- it is possible that the reason for the liquidation was his own desire;

- the death of the FE also applies to the reasons;

- if the court forbade the person to engage in business;

- the status of an individual entrepreneur may be lost due to the cancellation of documents that gave the right to this individual to reside in the territory of the Russian Federation.

Many individuals had to go through such a procedure. And someone more than once. Routine elimination is not a particularly difficult procedure. Closing an IP with tax debts can cause much more trouble. Often people ask for help in this matter to companies that are always ready for a very reasonable fee to do everything quickly and with maximum quality. This means that even a novice and successful entrepreneur would do well to know how much it costs to close an IP.

It is not recommended to be an individual entrepreneur and not engage in any entrepreneurial activity. This is due to the fact that you still have to constantly submit reports to the tax. Other problems may also occur.

What is the elimination of IP

This is nothing more than the termination of the IP, in which there is no transfer of any rights or obligations by succession to other persons. Undoubtedly, the elimination of IP returns a person to the most ordinary life. This is only if there are no outstanding debts or anything else left behind.

Of course, the easiest way is the elimination of IP, when the entrepreneur himself decides to abandon this status. In this case, he will have to apply to the dealing body with a statement. There he will be asked for a receipt, which indicates the payment of the state fee. If the liquidation of the IP occurs before the end of the tax period, then it will be necessary within 5 days from the date of termination of activity to appear in the tax inspectorate with a declaration containing information about what income was received in this period.

It is impossible to close the IP even without deregistration in all possible extrabudgetary funds. The following funds are meant:

- compulsory health insurance;

- pension;

- social insurance.

In fact, for the elimination of IP, it is quite simple to present a receipt, which was already written above, and a statement (form No. 26001) to the registration authority, and everything else needs to be done only so that in the future there will not be any kind of trouble.

IP and debts

Not every businessman can boast that he has no debts. The liquidation of IP does not mean the liquidation of all existing debts. An individual who has lost the status of an individual entrepreneur becomes the most ordinary citizen. This citizen will have to answer for all debts. It is possible that you will have to answer with your own property. Attempts to ignore requests to pay bills, as a rule, do not lead to anything good, since the case can instantly appear in court.

Some are trying to pay off debts through the bankruptcy of IP. The bottom line here is that with this scenario, the former individual entrepreneur will lose his property, but nobody will be able to encroach on the property that he will acquire in the future. Also, he will be able to calmly leave the country at any time whenever he wants. However, it is worth noting that all this applies only to those cases when there are no payments associated with causing any harm to health.


All Articles