Subjects of entrepreneurial activity. Who is relevant to this concept?

Subjects of entrepreneurial activity, according to the legislation of the Russian Federation,can be both individual citizens and entire commercial companies, while being a legal entity. In addition, business activities in Russia can be carried out by residents of foreign countries, persons without citizenship, as well as enterprises engaged in foreign investment.

Any Russian citizen who has reachedof age, has the right to own property and dispose of it, at its discretion, create various kinds of organizations and, of course, engage in entrepreneurial activities.

It should be noted that fact, that citizens, as subjects of entrepreneurial activity, can engage in entrepreneurship, not being at the same time, legal entities, and having registered simply as private entrepreneurs. Subjects of entrepreneurial activity, irrespective of their status, exercise theiractivities in accordance with the same legal rules. Citizens who engage in business without forming, at the same time, a legal entity, are called subjects of small business.

The status of the entrepreneur is obliged, received itan individual, fully accountable for their debts to the budget and private creditors. Those citizens who can not, for whatever reason, repay their debts to creditors can be declared bankrupt, on the basis of a relevant court decision. After this procedure they lose their status as an entrepreneur. Debts to creditors are returned from the property of a person declared bankrupt and are levied in a certain sequence. In the first place, debts are paid, connected with causing harm to the health and life of citizens, as well as alimony.

how subjects of entrepreneurial activity, except for individual individuals, often commercial companies, all of whose actions are aimed at making a profit from the results of their work. There are the following forms of entrepreneurial activity:

1. By types of partnerships: full partnerships and limited partnerships.
2. By types of societies: joint-stock companies, companies with additional responsibilities and limited liability companies. Joint-stock companies can be either open or closed type.

In addition, there are also subsidiariesThe production, which is an extension of the basic structure and is dependent on it. Commercial organizations also include co-operative enterprises, state and municipal institutions.

Those organizations that, being legalface, do not engage in the extraction of profits from their activities, are called non-commercial. Organizations of this type include consumer cooperatives, religious or public associations financed by charity.

Subjects of entrepreneurial activity can be recognized as a legal entity if theypossess property located either in their personal property or in economic management (another option is in operational management). A legal entity has four legal characteristics:

1. Organizational unity.
2. Separate property.
3. The opportunity to speak in court proceedings on his own behalf.
4. Independent property responsibility.

In conclusion, it should be noted that the boundaries betweenconcepts of a physical and legal person are often conditional and are determined, within the framework of existing legislation, separately for each case. So, for example, assigning the status of a legal entity to any "organization" does not mean that this name hides a whole team of citizens. The economic society, theoretically, can be created by one person, provided that the appropriate documents are properly drawn up.