If I want to create a certain product and sell it…

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When should I register a FOP? Even before the sale, or is it possible later?

Do I have the right to sell products via the Internet and, so to speak, to study the market's reaction without registering a FOP? If so, how long can I do this?

I am asking because I want to start an Instagram page. I want to sew underwear to order. But now all participants of social networks are quickly found. I wonder if I will be fined for such advertising.

03.06.2023 13:16 516

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Photo of sikorsky.y.o Yaroslav Sikorsky

In Ukraine, it is prohibited to carry out economic activity by an individual without registration as a business entity. You cannot legally work without a FOP.

Therefore, I strongly recommend you, before starting a business, to open a sole proprietorship and choose a type of activity from the list of KVED.

05.06.2023 14:12

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