Post by account_disabled on Jan 2, 2024 8:18:40 GMT
The accounting regime you can operate with organized accounting or a simplified regime. Now one by one so that you can better understand their characteristics. Company Individual entrepreneur This may be the best option when starting your company. The non obligation to have minimum mandatory capital is one of the advantages as debts will always be the direct responsibility of the entrepreneur. In addition to this there is the possibility of having total control over operations and also the low tax cost the income of an individual entrepreneur is taxed in the IRS and therefore in a single declaration.
But there are more details to take into account regardless of the regime chosen the sole proprietor has one less expense in the first three years of activity as he is exempt from paying tax. It is also exempt from Phone Number List VAT as long as it does not exceed thousand euros in annual turnover. To conclude we can list three more advantages of this legal form use of the company's assets simplicity in its formation and closure and no need for financing. Anonymous society.
In a public limited company SA the share capital is divided into shares that can be freely traded. It foresees of course the obtaining of profits that will later be distributed among its shareholders. These must be at least five although it is possible to form a public limited company with just one shareholder as long as this is a company. The responsibility of each partner has to do with the value of the subscribed shares not being responsible for the company's obligations beyond the capital held in shares. Note that the share capital of this legal regime must be at least thousand euros divided into shares of equal nominal value never less than cent.
But there are more details to take into account regardless of the regime chosen the sole proprietor has one less expense in the first three years of activity as he is exempt from paying tax. It is also exempt from Phone Number List VAT as long as it does not exceed thousand euros in annual turnover. To conclude we can list three more advantages of this legal form use of the company's assets simplicity in its formation and closure and no need for financing. Anonymous society.
In a public limited company SA the share capital is divided into shares that can be freely traded. It foresees of course the obtaining of profits that will later be distributed among its shareholders. These must be at least five although it is possible to form a public limited company with just one shareholder as long as this is a company. The responsibility of each partner has to do with the value of the subscribed shares not being responsible for the company's obligations beyond the capital held in shares. Note that the share capital of this legal regime must be at least thousand euros divided into shares of equal nominal value never less than cent.