The difference between registering an individual household and registering a company Individual industrial and commercial households: the implementation of the declaration system for the registered capital, there is no minimum basic requirements: (1) the ability to operate the urban unemployed, rural villagers, and other persons permitted by the state policy, can apply for individual industrial and commercial business; (2) the applicant must have the funds corresponding to the business project, the business site, the ability to operate, and business technology. Private sole proprietorship: the registered capital of the implementation of the declaration system, there is no minimum basic requirements: (1) the investor is a natural person; (2) there is a legal business name; (3) there is a capital contribution declared by the investor; (4) there is a fixed place of production and operation and the necessary conditions for the production and operation of the business; (5) there is a necessary number of employees. Limited liability company: is a low registered capital of 100,000 yuan basic requirements: (1) the shareholders meet the quorum that is more than 2 than 50 shareholders *** with the establishment of the capital; (2) shareholders to meet the minimum legal capital: production-oriented companies need to be more than 500,000 yuan; commodity wholesale companies need to be more than 500,000 yuan; commodity retailing companies need to be more than 300,000 yuan; scientific and technological development, consulting and management companies need to be more than 300,000 yuan; the company needs to be more than 500,000 yuan. The difference between the individual household and the company and the advantages and disadvantages of the introduction to apply for the individual household and the company what is the difference between the advantages of applying for the individual household, what are the disadvantages of applying for the company and what are the advantages and disadvantages of applying for the company? The advantages of comparing the individual household and the company include: simpler application procedures, less cost, and relatively more flexible operation. Disadvantages are: credit and visibility than the company is low, can not be individual business license in the name of foreign contracts (while the company can be a legal person in the name of foreign contracts). What is the difference between a company and a self-employed person? Individual households and the company's differences are: First, the individual households do not enjoy the preferential policies, there is no investment risk and do not need an accountant to do the books; Second, in terms of taxation, the individual households can not do import and export business Third, the rate of the section, the individual can not apply for 17%, only to apply for small-scale taxpayers (4%) Second, the limited company with the conditions are as follows: 1, the shareholders have more than two 2, copy of the property rights and lease contracts 3 Ltd. has the following conditions: 1, shareholders with more than two 2, a copy of the property rights and lease contract 3, registered capital can be registered for 500,000 yuan, you can apply for 17%, you can also invest a minimum of 30,000 yuan, but can not apply for import and export business; 4, the scope of business, the proportion of shareholders' contributions The above information has a good to the location of the Industrial and Commercial Office to apply for the name of the Le approved quasi ----- days after the issuance of the Industrial and Commercial Office of the "Notice of Approval of the name of the enterprise" ---- Capital Verification (capital verification) ---- Industrial and Commercial Office of the acceptance of the (Business License)-- --- Public Security Bureau (engraving) ---- Quality Supervision Bureau (Organization Code Certificate) --- Taxation Bureau (Tax Certificate) ---- local bank account opening Second, in terms of the tax rate, where the limited company must pay taxes; A, if your funds are a one-time in place can apply for 17% B, the company must be set up to recruit an accountant for the enterprise to declare taxes every month What is the difference between an individual household and a limited company? The biggest difference: if you do business with a loss of capital, you have to be responsible for all the debts. Limited company to do business with a loss of capital, you can apply to the court for bankruptcy protection, such as when you register the company's registered capital of 500,000, and you owe others 2 million yuan, you only need to pay 500,000 can be, and by the law to protect, others can not help you. One of the main differences is that: individual households are generally based on the location of the tax authorities \ size \ number of employees \ sales of goods and so on to estimate your sales, and then give the fixed tax. Regardless of the amount of income for the month, whether there is income or not, you have to pay the tax according to the amount of tax. Limited company is required to have a sound accounting, to have accounts, tax is also based on the enterprise's own declaration of income to pay taxes, there is income on the payment of no not pay. Ltd. should generally pay the following taxes: 1, the enterprise is generally based on the economic nature of the enterprise and business operations to determine the type of tax and tax rate to be paid by the enterprise; 2, engaged in the production, sales, repair and mending of the enterprise is generally subject to value-added tax (VAT), VAT taxpayers are divided into general VAT taxpayers and small-scale taxpayers. General taxpayers are enterprises whose annual income can reach 1 million for industry and 1.8 million for business. The tax rate for general taxpayers is 17%, and they can deduct the input tax of purchased goods; the VAT rate for small-scale industrial enterprises is 6%, and 4% for business. The VAT is declared and paid at the state tax. 3. Enterprises engaged in the provision of taxable services (catering, services, advertising, transportation, consulting, etc.), the transfer of intangible assets or the sale of real estate are subject to business tax. The rate of business tax varies according to the industry, from 3% to 5%, and 20% for individual industries, such as Internet cafes. Business tax is paid in local tax. 4. Enterprise Income Tax: A tax levied on the profits of an enterprise, the basic tax rate is 33%, and there are two other preferential tax rates of 18% and 27%. The taxable income (i.e. profit recognized by the tax authorities) is 33% above 100,000 yuan, 18% below 30,000 yuan, and 27% between 30,000 and 100,000 yuan. There are two ways to collect enterprise income tax: approved levy and account levy. Account levy is based on the declared income of the enterprise minus the relevant costs and expenses to calculate the profit and then multiply the profit by the corresponding tax rate to calculate the taxable amount. Approved levy is not to consider your costs and expenses, the tax authorities directly with the income multiplied by a fixed rate (depending on the industry), the resulting number as your profit, and then according to how much, multiplied by the corresponding tax rate. Approved levy is generally suitable for small enterprises with unsound accounting. enterprises established after January 1, 2002, the enterprise income tax is paid in the national tax. (Sole proprietorship enterprises do not pay enterprise income tax, but in the local tax to pay personal income tax). 5. In addition, enterprises also pay some additional taxes and small taxes. Urban construction tax and education surcharge are additional taxes for VAT and business tax, as long as the latter is paid, the number of payments should be used as the base number multiplied by the corresponding tax rate to pay the additional tax. Depending on the area where the enterprise is located, the urban construction tax is divided into 7% (urban areas), 5% (counties and towns) and 1% (others), while the education surcharge is 3%. Minor taxes include stamp duty, property tax, etc., in addition to withholding personal income tax for employees, etc. These surtaxes and small taxes are paid in the local tax The difference between individual households or sole proprietorships and limited liability companies? Difference in registration: - The registration of an individually owned business or a sole proprietorship is simpler than that of a limited liability company. - The registration of an individually owned business or a sole proprietorship does not require the prescribed registered capital, but the bank account for tax payment; the registration of a limited liability company requires both the prescribed registered capital and the bank account for tax payment. - Individually owned stores or sole proprietorships have unlimited liability, and limited liability companies have limited liability to the extent of their capital contributions. - Individual industrial and commercial households or sole proprietorships can not be registered with the name "so-and-so company", can only be called "so-and-so business department, so-and-so factory or so-and-so design office, etc.". - Individual business or sole proprietorship registration does not require articles of incorporation, limited liability companies need to have articles of incorporation. Second, the difference in taxation: - individual business households or sole proprietorships generally take a fixed rate of taxation; limited liability company taxation, business transactions according to the invoice tax, business income generally take a fixed rate or checking the books in two ways. - The business income of an individual industrial and commercial enterprise or a sole proprietorship enterprise is subject to personal income tax only; the business income of a limited liability company is subject to both enterprise income tax and personal income tax. - The tax bureau does not require much from individual businessmen or sole proprietors, and takes a relatively simple approach to tax collection; whereas the accounting requirements for limited liability companies are relatively higher, especially for general taxpayers. - The tax bureau mainly strengthens the control and management of ordinary invoices of thousand-digit and above denominations purchased and received by individual industrial and commercial households or sole proprietorships, while the limited liability company mainly strengthens the control and management of invoices of ten thousand-digit and above denominations. With the extensive and in-depth application of information technology, the Tax Bureau is strengthening the management of invoices regardless of the form of enterprise.