- individual entrepreneurship;
- imited liability company (LLC);
- joint-stock company (PJSC, JSC).
The choice of a specific form depends on the characteristics of the business — its size, the number of organisers, the amount of capital investment, the type of economic activity, and other factors.
An individual entrepreneur is an individual (regardless of citizenship) who conducts business without forming a company. As a rule, such forms are used for micro and small businesses: retail trade, provision of services, independent work, etc. This form is characterized by a simple procedure for registering/liquidating a business, the freedom to use the revenue, a simplified reporting procedure, and other advantages.