How to report corona private business closure
There are many people who are considering closing their business in a difficult time for self-employed people due to Corona. If you want to get rid of business registration altogether, you will close your business, but it is correct to close your business in order to continue your business after a short break.
There may be some people who want to get rid of business registration altogether and start over later. However, if you close your business, you will have to register a new business when you start your business again, which will cause hassles such as a different business registration number and the need to rewrite the lease agreement. That’s why, if you just want to take a break from business for a while, I recommend you to take a break. If so, we will tell you how to close your business registration below, so please check it out! 개인사업자 휴업신고
In general, if sole proprietors decide to temporarily suspend their business and resume business later, they must go to the nearest tax office and apply for business suspension. At this time, bring your ID and business registration certificate. 좋은뉴스
When applying on behalf of an agent, bring the power of attorney, business registration certificate, representative’s identification card, and agent’s identification card.
Of course, you can also apply through the Internet Home Tax and Mobile Hand Tax without visiting the tax office. In this case, you must log in yourself.
When applying for a leave of absence, you must write down the period of leave you want and the reason for the leave. When the requested suspension period ends, the business automatically resumes, so there is no need to apply for a separate reopening.
If the originally requested suspension period has ended, but you want to continue extending the suspension, you can visit the tax office again before the suspension period ends or apply for an additional extension through Hometax.
If you wish to resume business during the initial application period, you can file a ‘reopening report’. This, too, can be applied at the tax office or at Hometax and Mobile Sontax, the same as the application for suspension of business.
Even if your business is closed, you must continue filing your tax returns.
In general, if the business is closed, sales and purchases do not occur during the shutdown period, so you may think that you do not have to file a VAT report or a comprehensive income tax report.
However, if not, you must file a VAT report and a comprehensive income tax report. This point must be carefully considered.