Liquidation of an individual entrepreneur

If an individual entrepreneur has made a decision to discontinue doing business, it is necessary to start the liquidation procedure, since the absence of activity does not exempt the IE from paying the unified social tax to the state budget of Ukraine.

Liquidation procedure includes the following steps:

  • entry of a record in the Unified State Register on liquidation of an individual entrepreneur;
  • audits by supervisory authorities, such as tax inspection and pension fund. The IE must be audited for the last three years of activity.
    The cost of the service package starts at 3 500 UAH.
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