Individual industrial and commercial households refer to natural persons or families engaged in industrial and commercial business activities within the scope permitted by law and approved and registered according to law. If a single natural person applies for self-employment, it should be a natural person with working ability over 16 years old. When a family applies for self-employment, the individual who is the head of the family must have the ability to operate, and other family members may not all have the ability to operate.
Individual industrial and commercial households enjoy legal property rights, including the right to possess, use, benefit and dispose of their own legal property, and enjoy various creditor's rights according to laws and contracts. Article 54 of the Civil Code (definition of individual industrial and commercial households): "A natural person engaged in industrial and commercial operations is an individual industrial and commercial household after being registered according to law. Individual industrial and commercial households can have a font size. "
The main role of individual industrial and commercial households
Individual industrial and commercial households are an important part of Socialism with Chinese characteristics's market economy. As a pool of spring water to activate the socialist market economy, individual industrial and commercial households play a unique and important role in prospering the economy, stabilizing employment, promoting innovation and facilitating people's lives.
Individual industrial and commercial households are the most direct service providers in people's lives, mainly in "wholesale and retail", "accommodation and catering", "resident service, repair and other services". The sustained growth of individual industrial and commercial households has provided important support for steady growth and employment protection; Individual industrial and commercial households have become an important force in entrepreneurial innovation. From June to August 2022, the number of newly established individual industrial and commercial households in "scientific research and technical services" and "culture, sports and entertainment" increased by 65.5% and 45.4% respectively.