Limited liability companies are quite different from individual industrial and commercial households in terms of registered capital, taxation and legal liability.
First, the registered capital requirements are different.
1. Self-employed individuals have no minimum requirements for registered capital when registering for industry and commerce.
2. When a limited company is registered, the minimum registered capital is 30,000 yuan, and the one-person limited liability company is 654.38+10,000 yuan.
Two. Advantages and disadvantages of individual industrial and commercial households
Individual industrial and commercial households apply for registration with simpler procedures, less expenses and relatively more flexible operation. The disadvantage is that the credit and popularity are lower than that of the company, and it is impossible to sign a contract in the name of a self-employed business license.
Third, the difference between a limited liability company and a self-employed person.
1. Self-employed individuals do not enjoy preferential policies, have no investment risks, and do not need accounting. Limited companies need to make accounts and file tax returns every month and can enjoy preferential tax policies.
2. Individual industrial and commercial households are not allowed to apply for ticket increase at the tax rate of 17%, and only small-scale taxpayers (3%) are allowed. Limited company can apply for 17% general taxpayer VAT invoice.
3. Different legal responsibilities.
Individual industrial and commercial households lose money, and you are responsible for all debts. A limited liability company may apply to the court for bankruptcy protection in case of operating losses. For example, if you register a company with a registered capital of 500,000 yuan and you owe others 2 million yuan, you only need to pay back 500,000 yuan, which is protected by law. Others can't help you.
4. Taxes and tax calculation methods are different.
Generally speaking, individual industrial and commercial households are estimated by the tax authorities according to their location, scale, number of employees and goods sold. , and then give tax. No matter how much they earn in the current month, whether they have income or not, they must pay taxes according to a fixed tax amount.
Limited liability companies usually require enterprises to have sound accounting and bookkeeping, and pay taxes according to the income declared by the enterprises themselves. They pay if they have income, and they don't pay if they don't.
Individual industrial and commercial households or sole proprietorship enterprises only pay individual income tax on their operating income; The operating income of a limited liability company pays both enterprise income tax and individual income tax.
Taxes on individual industrial and commercial households or sole proprietorship enterprises are generally levied in a fixed amount; Taxation of limited liability companies, business transactions are taxed according to invoices, and business income is generally collected through verification or audit.
5. Individual industrial and commercial households do not need articles of association when registering, but limited liability companies need articles of association when registering.
2. According to the Interim Measures for the Administration of Establishing Accounts for Individual Industrial and Commercial Households (OrderNo. 17 of People's Republic of China (PRC) State Taxation Administration of The People's Republic of China, 2006),
Individual industrial and commercial households that meet one of the following circumstances shall set up a double-entry account:
(a) the registered capital of more than 200 thousand yuan. ?
(2) Taxpayers sell VAT taxable services or the monthly sales (business) amount of business tax taxpayers is more than 40,000 yuan; The monthly sales of VAT taxpayers engaged in the production of goods are more than 60,000 yuan; The monthly sales of VAT taxpayers engaged in the wholesale or retail of goods are above 80,000 yuan. ?
(three) other circumstances in which the provincial tax authorities determine that a double-entry account should be established.
Individual industrial and commercial households that meet one of the following circumstances shall set up simple accounts and actively create conditions to set up double-entry accounts:
(1) Its registered capital is between 654.38 million yuan and 200,000 yuan. ?
(2) The monthly sales (business) amount of taxpayers selling VAT taxable services or business tax is10.5 million yuan to 40,000 yuan; The monthly sales of VAT taxpayers engaged in the production of goods are between 30,000 yuan and 60,000 yuan; The monthly sales of VAT taxpayers engaged in the wholesale or retail of goods are between 40,000 yuan and 80,000 yuan. ?
(3) Other circumstances in which the provincial tax authorities determine that a simple account should be established.
Generally speaking, small-scale individual industrial and commercial households do not need to set up accounts. If it meets the accounting standards, the tax authorities will notify it separately.