Upwork: Sole Proprietor or Self-Employed?

Question

Upwork

What to choose to legalize the withdrawal of funds from Upwork? The average income is small - about $ 1,500 per month. I am choosing between sole proprietorship and self-employment.

As far as I understand, for a self-employed person, it is enough to register in the My Tax application. Cons - the withdrawal is only in rubles, you need to get a new bank card (now from ancient times there is a VTB salary card, and this bank, as far as I understand, is under sanctions).

As an individual entrepreneur, you can withdraw in dollars to a current account. This, given the fluctuations of the ruble, is more profitable, including for savings. Most, as I understand it, work with “Module” and “Point”. Which bank will be better for me? Should I look in the direction of "Tinkov"?

I read that mandatory insurance and pension contributions for individual entrepreneurs can be deducted from taxes paid if they are paid quarterly. Is it so?

How much does business accounting cost? Probably the best option is when a specially trained person fills in everything for me (or will an ordinary mortal also figure it out?).

Thanks in advance for your replies.

UPD. Thank you all for the information. Apparently, while the amounts are small, it is really easier to be in the status of self-employed. I will vent the issue with the withdrawal not in rubles, but in dollars. Here is also a link on the topic of the question, a person described in some detail how to display as an individual entrepreneur from Upwork in Tinkoff: https://m.habr.com/ru/post/505246/

Answer 1

I won’t speak for the self-employed, but I can write about individual entrepreneurs.

Most, as I understand it, work with “Module” and “Point”. Which bank will be better for me? Should I look in the direction of "Tinkov"?

All three of these banks work fine with Upwork.
Service fee for withdrawal $1500 (~105000 rub):
1. Tariff module Optimal: 390 (cost of a month if paid for a year) + 19 (payment) + 300 (currency control) + 10 euros (~770 rub) correspondent bank commission) = 1479 rub
2. Point tariff Zero: 300 rubles (currency control) and no more fees like :)
3. Point tariff Start: 700 (monthly fee) + 300 rubles (VK) = 1000 rubles
4. Tinkov tariff Simple: 490 (monthly fee) + 588 (VK) = 1078r

I read that mandatory insurance and pension contributions for individual entrepreneurs can be deducted from taxes paid if they are paid quarterly. Is it so?

Right. Only if you choose USN 6%.
But for programmers, a cheap patent is available in many places, which can be more profitable than the USN. Check the cost of a patent for your region here: https://patent.nalog.ru/ (search for the type of activity by the word "computer"). The cost of a patent does not reduce the number of mandatory payments!

How much does business accounting cost? Probably the best option is when a specially trained person fills in everything for me (or will an ordinary mortal also figure it out?).

There are Elba and My Business services. The second one is a little more complicated and more expensive. Elba copes with a bang. See the cost yourself.
Also, many banks offer their accountants. But for working with currency, it will cost more than Elba.
Get it right - no problem. The main thing is to start.

Answer 2

The average income is small - about $ 1,500 per month. I am choosing between sole proprietorship and self-employment.

unambiguously as self-employed, it means that there is a limit of 2.4 million per year, 200t.r. per month, and right now you have 2 times less so far, there is nowhere to rush, in individual entrepreneurs you will have to pay a lot of money (from this amount) for bank contributions and commissions.

As far as I understand, for a self-employed person, it is enough to register in the My Tax application. Cons - the withdrawal is only in rubles, you need to get a new bank card (now from ancient times there is a VTB salary card, and this bank, as far as I understand, is under sanctions).

where did you find this restriction "only in rubles"? Open a dollar account in a sane bank and, through swift details, withdraw $$$ from the upwork there, then in My tax in rubles at the rate of the Central Bank on the day of arrival.

Answer 3

A self-employed person does not need a card. The main thing is to generate checks in the My Tax application.

Answer 4

IP is a legal form
Self-employed - taxation regime.
You can be a sole proprietor and still be self-employed.