The Difference Between Individual Proprietorship And One Person Limited Liability Company
Individual proprietorship and limited liability company have the following main differences:
1, the composition of personnel is different.
The sole proprietorship enterprise has an investor and assumes the civil subject of the enterprise.
responsibility
A company needs more than two shareholders.
2, assume different responsibilities.
The sole proprietorship enterprise is unlimited liability, that is, all corporate responsibility; the limited liability company assumes the corporate responsibility within the scope of registered capital.
3, the conditions of establishment are different.
The sole proprietorship has no registered capital requirements, and the minimum policy capital of the limited liability company in Shanghai is 100 thousand yuan.
4, the difference between tax payment. A sole proprietorship enterprise should pay personal income tax if it fails to pay the enterprise income tax. Income tax 。 At the same time, it also involves payment. Taxes There are: value added tax, business tax, urban construction tax, education fee addition, withholding and paying personal income tax (employees' personal), stamp duty, property tax, land use tax, travel tax and so on.
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