The legislation does not contain such a requirement, but we strongly recommend opening it immediately after registering the EMZ.
If you have one joint account:
All business income and expenses go there and are paid from there. Your personal expenses are also paid from the same account. It's easy to get confused!
When it comes time to file your annual tax return, you'll want to deduct business expenses from your tax base.
This is where a big problem arises: it will be extremely difficult to separate expenses that were associated with business and those that were for personal purposes.
That's why we recommend opening a separate account for business.!
Do you want to start a business, but you have a lot of questions and doubts? Without hesitation for a minute, order a consultation from our specialists!