But there are also disadvantages. Thus, individual entrepreneurship is inseparable from the personality of an individual. Therefore, a foreign entrepreneur is responsible for all obligations with his property. For the same reason, the registration of entrepreneurs is carried out at the place of residence. This means that only a foreigner who has a residence permit in Russia can be registered as an entrepreneur — these documents certify the fact of the residence. If a foreigner has a visa, he can confirm only the place of residence, so his registration as an individual entrepreneur is impossible.
These documents must be signed in the presence of an employee of the Russian consulate or a foreign notary. If the documents are certified by a foreign notary, an apostille must also be affixed.
Other articles "Taxes in Russia"