5 Reasons To Register a Business Through City Local 101

No need to go to the tax office and pay a state fee - we tell you what other advantages there are when registering a business through our bank.

We will consult you before starting your business

Before registering a business, an entrepreneur needs to resolve a number of issues, such as:

• choose between individual entrepreneur and LLC;

• decide on the taxation system;

• select OKVED code;

• Come up with a company name if you decide to open an LLC.

We will help you sort all this out before registration. During the consultation you will be able to ask as many questions as you want.

We will help you prepare the documents and send them to the tax office ourselves

To register, you need to prepare the following documents:

• fill out a multi-page application form from the tax service;

• notification of the transition to a simplified taxation system - this is usually more profitable than remaining on the general one;

• charter, decision of the sole participant and some others - if you are opening an LLC.

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Our specialists will help you do this without mistakes. When the papers are ready, we will send them to the tax office ourselves. You will not have to waste time on trips to the MFC, to the notary or to the inspection.

In a few days, registration documents will be sent to your email.

No need to pay state duty

We submit documents online, so you don’t need to pay a state fee. This means you’ll save 4,000 ₽ when registering an LLC or 800 ₽ when registering an individual entrepreneur. To submit documents remotely, you will need an electronic signature - we will issue it for free.

Two months of free account maintenance

To run a business fully, you will need a current account. It is needed to accept payments from clients, settle accounts with contractors, and transfer salaries to employees. We will open it for free. Those who register a business through City Local 101 receive two months of free service on any tariff.

Free Products to Start a Business

We have developed a set of solutions that will be especially useful when starting a business and will help you save on contractors.

Compass

Will help you choose a location for a retail outlet with good pedestrian traffic and low competition.

Online accounting

It is easy to submit reports and keep accounting records yourself. Suitable for individual entrepreneurs on the simplified tax system

"Income", as well as individual entrepreneurs and LLCs on the automated system of simplified taxation.

Website builder

You can create a website without a developer and accept online payments. The builder is suitable for both a simple landing page and a large online store.

Seller

It will come in handy if you decide to trade on marketplaces. With a free plan, you can control balances, manage advertising and generate responses to reviews using a neural network.