logo
logo
Sign in

How to suspend business?

avatar
Archie Heron
How to suspend business?

The possibility of suspending economic activities, applies only to businesses that do not hire workers on the labor.

Activity may be suspended for a period from 1 month to 2 years.

At this time, the entrepreneur has the right to accept and adjust receivables that arose prior to the filing date of the application.

Social insurance contributions during the suspension of business activities

In the case of suspension of entrepreneurial activity, the social security contributions cease to be mandatory and you can refuse them.

This is a very economical solution when someone is planning a long vacation.

collect
0
avatar
Archie Heron
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more