Self-employed persons - residents of the Russian Federation (individuals) who pay taxes on their professional income. This is a scheme for people who provide services (e.g. translation services). For more information, visit the official website of the tax authorities.
Smartcat is included in the official list of electronic marketplace operators. Therefore, Smartcat offers the self-employed persons to receive payments through the "Local Wire Transfer in RUB" method and automatically declare income through the platform.
Supported currencies
Russian Ruble (RUB)
Please note that if the currency of your balance in Smartcat is different from RUB, the funds will be converted to RUB at the Smartcat exchange rate on the day of the payment.
Commission
50 RUB, except when you have special arrangements with the customer.
You can view a list of companies that are reimbursing your commission in the My Payouts section (click on the "Learn more" button on your payout method).
Minimum and maximum payout amounts
The minimum payout threshold is 100 rubles.
Smartcat allows setting the minimum amount, starting from which the payment will be sent to you. You can learn more in the article "Minimum payout amount".
Required details
In order to receive funds in this way, a person residing in the Russian Federation must connect a Smartcat account to the MY TAX service.
To begin automatic income declaration, register at https://lknpd.nalog.ru/ and then connect your personal account to Smartcat. For this:
- Go to the My payouts section
- On the screen on the right, click Connect and enter the phone number you specified in the My Tax service
- Confirm the connection request from Smartcat in your My Tax account
Ready! Now, payment for all new orders will be automatically declared as income from Smartcat - With the switch, you can turn off the automatic income declaration and turn it back on in the same way.
Required details
Field |
Description |
Recipient's family name |
Last name of the individual beneficiary |
Recipient's given name |
Name of the individual beneficiary |
Birth date |
Beneficiary's birth date |
Recipient's patronymic |
Patronymic of the individual beneficiary (if any) |
INN Tax identification number |
12-digit taxpayer identification number |
Region |
Beneficiary's region |
Recipient's city of residence |
City or town from the beneficiary's address |
RCBIC (Russian Central Bank Identifier Code) |
Bank identification code |
Bank name |
Name of the bank receiving the funds |
Account number |
20 digit current account The account of an individual always begins with the numbers 408 |
Recipient's address |
Beneficiary's address, including building number or name |
Postal code |
Beneficiary's postal code |
Advantages
- Low fixed commission, regardless of the payout amount
- Thanks to integration with the My Tax service, it is convenient to monitor income and calculate taxes
Available countries
The method is available only for the residents of the Russian Federation.
Frequently Asked Questions
Q: I chose this method, but the payment was rejected. Why?
A: Act as follows:
- Make sure you enter your postal code, region, city, street and house number in the appropriate fields of the payment details
- Check if your account number, RCBIC and TIN are correct
- Make sure that the name of the account holder appears on the payment details exactly as it does on your bank details, including all spaces and symbols
Q: Is all income declared?
A: Smartcat transmits to the tax authorities only the data on the payments that the freelancer had at the time the option My Tax was enabled and was sent using the method Local Wire Transfer in RUB. If the option was not activated at the time of past payments, you must file your own data with the tax office.
Q: When does the declaration happen?
A: The payment is declared after the payment status in the payment history is Paid out to you. The actual amount declared in the My Tax service may appear before the money arrives in your bank account in case the payment takes a long time to be processed on your bank's side.
Q: What happens to the declaration if the payment was rejected after a successful submission?
A: If for some reason your bank rejected the payment (for example, the account details were incorrect) and the money was not eventually received, the declaration will be withdrawn.
Q: How is the tax calculated?
A: The procedure for calculating and paying tax occurs on the side of the tax authority and the My Tax service. If you have any questions, please contact My Tax support.
Q: Can I choose another method other than Local Wire Transfer in RUB?
A: A self-employed person can receive payment not only through the "Local Wire Transfer in RUB" method, but also through any other method.
If you choose any other method than "Local Wire Transfer in RUB", you will need to declare income yourself.
If you have any questions, please contact our support team, we'll be happy to help.
