Opening an Individual Entrepreneur (IE) through Diia is a fast and convenient way to start your own business without unnecessary bureaucratic delays. The online platform Diia allows you to register an IE without needing to visit government institutions and spend time in long queues. Thanks to this service, you can complete all the necessary documentation and start your business in just a few minutes. As noted by the editorial team at Baltimore Chronicle, this process has become extremely popular among entrepreneurs due to its simplicity and ease.
Why You Should Open an IE via Diia?
The process of registering an IE via Diia is impressive in its simplicity and accessibility. All you need is an electronic signature and access to the Internet, as well as a smartphone or computer. This innovation has greatly contributed to the development of small businesses, as anyone interested can become an entrepreneur with just a few easy steps. Moreover, this registration method saves both time and money, as many administrative processes are automated.
How to Register an Individual Entrepreneur via Diia?
To open an IE via Diia, follow these simple steps:
- Download the Diia app: If you don’t have the app yet, download it from Google Play or the App Store.
- Log into the system: Sign in using your mobile number.
- Select the “Register an IE” option: In the app menu, choose the option for registering an individual entrepreneur.
- Fill in the form: Enter necessary personal information, including passport data, taxpayer number, and registration address.
- Confirm your details: After filling in the form, confirm your data with your electronic signature if you have one.
- Receive confirmation: After successful registration, you will receive an electronic confirmation and the registration document.
This process can be completed at any time and from anywhere. There is no need to make an appointment with the tax office or other government agencies, which greatly simplifies the process of opening a business.
Benefits of Opening an IE via Diia
Opening an IE via Diia offers several important benefits:
- Speed – registration takes only 15-30 minutes.
- Accessibility – the process is available via smartphone or computer.
- Time-saving – no need to visit government institutions.
- Free of charge – registration through Diia is free.
- Ease of use – simple interface and clear registration steps.
What Do You Need for Registration via Diia?
For registration, you will need just a few documents and requirements:
- Electronic signature (can be obtained at any certification center).
- A document proving your identity – this can be a passport or ID card.
- Taxpayer Identification Number (TIN).
- Internet connection.
Frequently Asked Questions About Registering an IE via Diia
Many newcomers face certain difficulties when registering an IE via Diia. Here are some common questions:
- Do I need a legal address for the IE?
- For registration through Diia, you can use your home address, so no additional documents are required.
- What are the costs associated with registering an IE?
- The registration service via Diia is free, but there may be minor costs for obtaining an electronic signature.
- How can I change my details after registration?
- All changes can be made via your personal account in the Diia app without leaving your home.
How to Choose a Taxation System for an IE?
One of the most important decisions when registering an IE is choosing the taxation system. In Ukraine, there are several options:
- General system – better suited for large businesses but comes with higher tax rates.
- Simplified system – the most popular for small businesses. It includes several options depending on your income.
- Single tax – chosen for IEs with an annual income below a specific threshold.
Advantages and Disadvantages of Different Taxation Systems
Before registering your IE, it’s important to consider which taxation system to choose. Here’s a table comparing the different systems:
| Taxation System | Advantages | Disadvantages |
|---|---|---|
| General system | Wider business opportunities, many expense options | Higher tax rates |
| Simplified system | Simple accounting and reporting, low tax rates | Income limits |
| Single tax | Lower tax burden | Income and activity limits |
Earloer we wrote about how can private entrepreneurs live with new taxes?.