Now there are more and more people starting a business, but the first step is to apply for a business license; Which is to apply for the business license of a registered company or individual industry and commerce? This is a problem that many of our entrepreneurs will struggle with at the initial stage of entrepreneurship.

Here we suggest that you try to register a company for the following reasons:

First, the self-employed have no shareholders. If we talk about partnership entrepreneurship, there is no way to guarantee shareholders' equity, but the company can.

Second, individual businesses cannot set up branch companies, do business layout, and upgrade models, while companies can.

Third, individual businesses cannot attract investors and enterprises cannot develop in the long run. The company can. Now individual businesses also need to do accounting and tax declaration, which is basically no different from companies.

The fourth and most important point is that individual businesses need to bear unlimited joint and several liability. In other words, if there is a problem, the company should bear the responsibility to the end, and the company only needs to bear limited liability.

Small scale taxpayers, whether companies or self-employed businesses, can enjoy a monthly income of no more than 150000 yuan, and can be exempted from VAT without issuing special VAT invoices to others. If the company's annual profit is less than 1 million yuan, it will enjoy this preferential treatment according to small and micro enterprises.

In most cases, such as industrial manufacturing, commerce and trade, high-tech R&D, and such industries that work in office buildings, it is recommended to register a company.

If you want to build a small store or an interface store, it is better to be an individual business.

So just starting a business doesn't say whether it is better to register as a self-employed person or a company, but to decide what kind of organization to register according to our business situation, scale and future planning, specifically whether to register as a company or a self-employed business.