2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
Due to the rapid growth of support for small businesses, more and more often, aspiring entrepreneurs face the question of how to open a current account for individual entrepreneurs. Some even prefer to do without it, but you should be aware that in some situations you simply cannot do without RS, for example, when working with legal entities or individual entrepreneurs who make payments only in a non-cash form.
Using Benefits:
- having an account increases the degree of confidence in you when making transactions;
- convenience and time savings in calculations, payment of contributions and taxes.
This is not a complete list of what benefits you get if you open an account for an individual entrepreneur. It is important to remember that the key role here is played by the bank with which you conclude a service agreement, because the presence or absence of certain services depends on it. It should be noted that by opening a current account for an individual entrepreneur, you are required to notify the tax authorities (regardless of the chosen bank). Otherwise, you will be required to pay a fine of 5,000 rubles!
However, with all the benefits of MS, there isand cons (in case of non-payment of taxes or delay in other payments). The fact is that the law allows the Federal Tax Service to suspend all operations of an individual entrepreneur, and this can be very inappropriate if you need to pay suppliers.
As mentioned earlier, the bank plays a huge role if you open a current account for an individual entrepreneur. Therefore, let's talk about what criteria it is worth choosing and what to look for when concluding an agreement with a bank:
1. Reliability. It always plays a key role (not only in business). The main criterion for refining this factor is the length of stay on the market. The older the bank, the less likely you are to lose your money during a crisis, as it will be insured.
2. When opening a current account for an individual entrepreneur, make sure that you will be provided with an Internet banking service and additional options. Some are free, while others will charge you monthly.
3. Ask future partners what banks they work with. This will not only let you know about their reputation, but will also show you who it is better for you to start cooperation with in order to save money on interbank transactions.
4. Compare the cost of servicing in each of the banks. Often, some tariffs and additional fees are not mentioned in clear text, so study the contract carefully.
5. If your activity will be connected with frequent transfers throughout the country, then try to find out how large the branch network of thisjar. It is possible that after the information received, you will open a current account for IP in another place.
Experienced businessmen, when opening additional PCs, not only analyze the above characteristics, but also calculate how much cash management services will cost them per year. Today, all prices can be found by calling the bank's information service or by reading the service agreement on the website. When opening a current account for an individual entrepreneur, this factor can sometimes play a key role, because how much money you save over the entire period of activity depends on the CSC.
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