What type of legal entity is suitable for a service that works with individuals?

Question

Business Informatics

Hello.
I am creating a one-person service that will work with individuals (accepting payments within the service).
Is there any information somewhere about what type of legal entity to open in this case, so that customers can pay normally, and it would be easier for me to deal with reporting?

Answer 1

The answer to the question will be: If you do not understand anything about this, then it is better to hire an accountant. We do not have a simple taxation system where you fill in 3 lines and you're done.
Now some can write LLC on the simplified tax system or individual entrepreneur. Without knowledge of the task, the advice is empty, but I can give one right away:
Why?! Because with this action you change the status of an INDIVIDUAL everywhere. This means that you can say bye-bye at least for consumer loans for individuals. That is, banks will treat you as a company and will not give you Cons. loans at the rates of physicists. For example, the need loans for physicists have a rate of 15% lessthan consumer for business. People I know have been turned down for auto loans and credit cards for physicists. More precisely, not with refusals, but they were given approvals for a rate of 25% + on these loans. Do not make this mistake
In general, you need to consult an accountant (1000R) and possibly hire him for reporting, otherwise it is better to pay 5k for this hemorrhoids than to pay fines later.