It is true what business to start doing at home and there is a desire to open your own business, and you are sure that it will bring you good benefits, you will probably have to register your activity. But, for starters, you need to understand – why do businessmen need to register a business at home.
Home Business Registration
Of course, for absolutely any enterprise, registration of a business that is engaged in entrepreneurial activity in the territory of its country is necessary. Such a business must be registered, and later pay taxes at the expense of income. See step-by-step instructions on how to open an IP and how to open an LLC yourself. Let’s look at everything in more detail. What is entrepreneurial activity and whether each small business will fall into the same category.
First you need to understand what kind of activity is illegal and is punishable by law:
1) entrepreneurial activity that does not have a registration; 2) entrepreneurial activity that does not have a corresponding license; 3) entrepreneurial activity during which a violation of the license was revealed.
Obviously, in order to prove that entrepreneurs were engaged in an illegal way of receiving money (without registering a business), it is necessary to establish the systematic nature of this business. And also, generating income on a large scale. Therefore, small business can hardly be attributed to this. The thing is that this is not so systematic and the sale of various goods and services does not bring such grandiose incomes.