More than 72,500 citizens are registered as self-employed in Tatarstan

In 2019, Tatarstan became one of four pilot regions to introduce a tax regime for self-employed citizens. Entrepreneurs of the republic appreciated the convenience and ease of doing business as self-employed, as evidenced by 72,624 citizens registered with this status. It should be noted that, starting from July 1, the special tax regime “Tax on professional income” is allowed to be introduced in all regions of Russia that were not previously included in the experiment.

“Tax on professional income” gives the right to legalize entrepreneurial activity with minimal costs and conduct it in a simpler manner. For individual entrepreneurs without hired employees, whose annual turnover does not exceed 2.4 million rubles, registration as self-employed allows to optimize the tax administration of activities. These advantages were assessed by 72,624 self-employed persons registered in Tatarstan. This figure also does not include nonresident citizens who are registered in other Russian regions, but chose the territory of Tatarstan to conduct their activities. There are still about 8,500 such people.

It should be noted that since the beginning of the year the number of self-employed in the republic has increased by more than 15 thousand.

Currently, self-employed people have access to financial and information support for doing business. So, according to the Order of the Government of the Russian Federation No. 1431-r of May 29, 2020, 1.6 billion rubles were allocated to the Office of the Federal Tax Service of Russia to provide subsidies to self-employed citizens, to reimburse the professional income tax paid by them for 2019. Currently, according to the Federal Tax Service in the Republic, self-employed were paid about 140.0 million rubles.

Also, for existing and newly registered self-employed citizens, “tax capital” is provided in the amount of one minimum wage (12,130 rubles), due to which self-employed citizens will be able to make tax payments this year without attracting their own funds, preserving their income and thereby working in the legal field. This tax capital increases the already existing “tax bonus” provided automatically in the amount of 10 thousand rubles.

Tax capital is provided for the payment of tax due from July 1 to December 31, 2020. The tax capital is credited automatically, information about the tax capital crediting is reflected in the personal account or in the My Tax mobile application.

Also, training for citizens who have chosen “Tax on professional income, is organized on the Wildberries trading platform to promote their products to markets outside of Tatarstan.

For the self-employed of Tatarstan, free consulting support is available in the “My Business” center in the “Self-Employed Support Center”, and from the specialists of the Internet resource “Proverennyi biznes (Verified Business)”. You can get advice on the mechanism for paying insurance premiums, using the application and issuing checks for transactions, concluding an agreement with legal entities and individual entrepreneurs.