Is there an individual entrepreneur or other forms of legal entities?

Yes, besides individual entrepreneurs (IE), there are other forms of legal entities that can be used for conducting business. The main ones are:

• LLC (Limited Liability Company) — the most common form for small and medium-sized businesses. Participants are only liable within the limits of their contributions.

• JSC (Joint Stock Company) — suitable for large companies issuing shares.

• PJSC (Public Joint Stock Company) — a type of JSC with public share placement.

• Non-profit organizations — for purposes not related to profit generation.

The choice of form depends on the scale of the business, liability requirements, taxation, and other factors.