What are the areas of activity for private entrepreneurs

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

When an entrepreneur registers a company, he must indicate what kind of business he plans to do. At the same time, all areas of activity must necessarily be quite specific, and even a new and creative idea for a business must be adjusted to the criteria established by law.

What are the areas of activity?

At the moment, a unified classifier of economic sectors operates in the Russian Federation. This document describes all options for economic activity for individual entrepreneurs and legal entities that are allowed in the country. In this classifier, the areas of activity, which are, are broken down by industry, which greatly simplifies the search for the required type of activity. Here you can also find out the code of the types of activities that must be indicated when applying for registration of an individual entrepreneur. It is worth noting that these codes are equally applicable to private companies and legal entities.

How to determine the activity code?

It has already been noted which areas of activity are, and that they have their own codes. The entrepreneur must choose them correctly so that they correspond to the planned direction as much as possible. A breakdown of individual types can be found in the OKVED reference book, taking into account sectors of the economy. According to the law, an entrepreneur can choose several options for activity, but one of them must be the main one.

What are the areas of activity of the enterprise?

It must be remembered that the classification of IP activities is carried out in accordance with their specifics and the possibilities of their implementation. They are divided into the following groups:

• regular;
• licensed;
• requiring permits and approvals;
• not allowed for IP.

When opening a private enterprise, the activity of which belongs to the usual types, there is no need to obtain any documents. The enterprise can start work immediately after passing the state registration. In this case, the entrepreneur himself determines the list of the property he needs, the staff, and so on. There are a lot of such activities, so many entrepreneurial initiatives can be attributed to this group.

What areas of activity are licensed?

Activities subject to licensing are specified in the special law “On Licensing Certain Types of Activities”. To open a business operating in thisdirection, the businessman must obtain a license. Along with submitting an application to the authorized bodies, the entrepreneur must submit a package of documents there that would confirm compliance with licensing requirements.

To find out what areas of activity are that require permits and approvals, you need to look at a certain list of available types. As a rule, they include various supervisory services that control certain areas of life, for example, veterinary services and so on.

When opening a business that relates to all of the above activities, an individual entrepreneur must only go through the mandatory registration procedure and obtain permits in the manner prescribed by law. But at the same time, there is also a list of those activities that are not allowed for private entrepreneurs. These types include economic sectors related to the defense complex, the financial sector, as well as industries that affect the security of citizens, their he alth and life.