How can a sole proprietorship change its activity or stop its business...?

As a general rule, in order to change the types of economic activity carried out by an entrepreneur, it is enough to apply for a change in the KVED, after which the types of economic activity will be included or excluded from the Unified State Register.

According to paragraphs 298.3.1 of the PKU single tax payers in the event of a change in the information entered in the register of single tax payers must submit a statement, which, in particular, includes information about the change in types of economic activity.

In case of carrying out types of activities not specified in the register of single tax payers, single tax payers are obliged to pay other taxes and fees determined by the PKU from the first day of the month following the tax (reporting) period in which such types of activities were carried out (item 7 of item 298.2.3 of the Code of Criminal Procedure).

If an individual entrepreneur decides to end his activity, he must apply to the state registrar. A natural person-entrepreneur is deprived of the status of an entrepreneur from the date of entering the relevant entry into the Unified State Register.