Retail: OKVED at your service

Every entrepreneur knows perfectly well that registration of any form of activity is impossible without the use of OKVED, the all-Russian classifier of economic activities. What is it and in what cases should it be used? For example, you decided to open an enterprise that will deal with retail trade. In this case, when completing the application for state registration of your enterprise, you will need to specify the codes that will correspond to the type of activity you have chosen, in particular retail trade. It is in this case that you will need OKVED, which is part of the unified system of classification and coding of social and technical and economic information of the Russian Federation. It is in this case, if retail is chosen, OKVED offers a fairly wide range of activities associated with it.

So, for example, if retail trade in products is chosen, OKVED can offer several types of activities, including retail trade in non-specialized stores with food or frozen or unfrozen food. So if the type of your activity is retail, OKVED can offer quite a few different options.

And in the event that you for yourself have not yet decided exactly what kind of retail trade you will be engaged in, it is very useful to read the classifier. For example, if you have decided that your activity is retailing clothes, OKVED offers you several types:

- trade in women's, men's and children's clothing,

- trade in underwear,

- trade in products made of fur or leather, and much more.

Thus, the all-Russian classifier is very detailed about all types of activities that an entrepreneur can do. And if you choose retail trade, OKVED offers rather large sections:

- retail trade, carried out in non-specialized stores,

- Retail trade in food products, carried out in specialized stores (this includes beverages and tobacco products),

- Retail trade in pharmaceutical products, which also includes medical, cosmetic and perfume products.

In addition, if retail is chosen, OKVED offers also a section of other retail trade in specialized stores. You can use retail sales of used goods, retail out of shops and even repair of household products, as well as personal items.

Here is a fairly large list of all-Russian classifier for those who decided to choose as their type of activity etto type of trading activities. After all, each of these sections also has a lot of subsections. Thus, if you chose to retail products, OKVED offers seven more sub-sections, each of which can also be divided into other sections. And if retail clothing is chosen, okwed offers as many as eight subsections.

Every entrepreneur should know that when registering an enterprise, you can choose an unlimited number of codes for activities. But in fact you may need from seven to ten species. But you should know that there are no restrictions on this matter in Russian legislation, and you are free to choose any number of codes.

In the event that in the course of your business activity you decide to add another type of activity, you can always do it in accordance with the current legislation. But before registering an enterprise, carefully study OKVED, and then your further activity will become even more understandable to you.