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RUSSIA IS LOOSING INDIVIDUAL ENTREPRENEURS

... Experts note that the number of persons registered as individual entrepreneurs decreased by 4% for a period of January-July. This is the first time since 2013, when the state had doubled social taxes. The most vulnerable industries turned out to be taxi drivers, owners of beauty salons and garages. Analysts announced a dangerous trend of business contraction back in 2020. However, in 2021, judging by the data of the SPARK-Interfax service, the rate of liquidation of individual enterprises has noticeably accelerated. The number of liquidated individual entrepreneurs is 130 thousand ahead of the number of the opened ones (576 thousand versus 446 thousand). And this is no to take into account those who ...

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