The liquidation of the FOP by termination means the state registration of the termination of the activity of an individual entrepreneur by his personal decision in the relevant state bodies (tax, pension fund, etc.). The mandatory stage of liquidation is the passing of documentary checks and, accordingly, the removal of the FOP from the records in the above-mentioned state bodies.

  

IF YOU HAVE DECIDED TO TERMINATE ACTIVITIES AS A PRIVATE ENTREPRENEUR, PLEASE PROVIDE THE FOLLOWING INFORMATION:

 

- Was the activity carried out during the last 3 years?

- Are there any debts to the budget, counterparties?

- Were employees hired?

- Has an account been opened?

- Was accounting documentation kept? 

 

THE TERMINATION (LIQUIDATION) SERVICE INCLUDES:

 - consulting on issues of liquidation of FOP;

- preparation and submission to the state registrar of an application for state registration of the termination of the FOP;

- preparation and submission to the tax office and the pension fund of all documents necessary for a documentary check;

- representation of interests during the inspection and deregistration at the tax office;

- representation of interests during inspections and deregistration in the Pension Fund;

- submission to the state registrar of a complete package of documents for making an entry in the UDR about the termination of the entrepreneurial activity of a natural person.

 

IN ORDER TO SUCCESSFULLY COMPLETE THE LIQUIDATION PROCEDURE, IT IS NECESSARY TO PROVIDE US WITH THE FOLLOWING DOCUMENTS:

• an extract from the EDR;

• extract from the register of single tax payers (or single tax payer's certificate);

• primary financial documentation (contracts, deeds, invoices, invoices, etc.) – everything related to business activity;

• receipts for the payment of a single tax and a single social contribution for the past 3 years;

• registered in the tax office and filled in the income and expense accounting book;

• employment contracts for employees (if any);

• reports submitted to the tax and pension fund for the entire period of activity;

• a certificate of a closed bank account and a certificate of the movement of funds on it during the period of activity;

• seal (if available);

• notarial power of attorney for a specialist of our company to represent your interests. 

 

            STAGES OF LIQUIDATION:

1) first, an entry is made in the Unified State Register indicating the desire of the FOP to go through the liquidation procedure;

Due to ignorance or reluctance to do this, most entrepreneurs limit themselves to this stage, not knowing that for complete liquidation it is necessary to undergo inspections by state authorities and deregister with them.

 

2) undergo an inspection at the district tax and pension fund, receive certificates of absence of debt and deregistration;

 

3) no earlier than 2 months from the date of entry of the record of termination (1st stage), and only after successful completion of stage 2 (removal from registration in the relevant state bodies) - an application for termination of business activity must be submitted to the registrar. It should be noted that it is not necessary to submit a certificate of deregistration in the tax and pension fund to the registrar - this information is sent to him in electronic form, so it is better to keep the paper documents for yourself in case of something.

The registrar (no later than the next day) issues you a notice of state registration of the termination of business activity, upon receipt of which you can be sure of the final liquidation of your FOP.

 

However, no matter how simple the procedure of liquidation of the FOP may seem at first glance, for its successful completion, we recommend contacting professionals who will help in obtaining all the necessary documents in the shortest possible time and find a way out of a situation of any complexity.

 

Law company PITTAK knows how to liquidate FOP while avoiding unnecessary legal misunderstandings, unnecessary waste of your time and finances.

 

Contact us and we will provide you with a free legal consultation!