Advantages of LLC

  1. The founders are liable only within the framework of the authorized capital, and it is usually only 10,000 rubles. Accordingly, the founders are not liable for the obligations of the company with all their property.
  2. Every businessman can choose a simplified taxation system.
  3. It is possible to attract a partner or an investor.
  4. It is possible to hire a director who will be responsible for the existence and development of the company.
  5. An LLC inspires more trust among clients than an individual entrepreneur. And some counterparties will not enter into an agreement with you if you are not an LLC. Find more info about company registration in moscow at the our website.
  6. One founder may have more than one LLC for different businesses.
  7. Opportunity to participate in tenders.
  8. An LLC can hire an unlimited number of employees, while an individual entrepreneur can employ no more than 50 people.
  9. It is possible to sell as a ready-made company, without losing money on closing.

Cons of LLC

  1. The penalties are much higher than those of IP.
  2. In any case, you must maintain statutory accounting records.
  3. LLC must have a cash register.
  4. It is much more difficult to liquidate an LLC than an individual entrepreneur.
  5. When withdrawing money (dividends), in addition to taxes paid as an LLC, you are required to pay 13% personal income tax.

Findings

If you are a beginner entrepreneur, then we advise you to open an IP. And when your business becomes quite large, you can open an LLC and appoint yourself as a director as an individual entrepreneur. So you can pay yourself a salary not from 13% personal income tax, but from 6% according to the simplified tax system.

If you plan to engage in the wholesale of any products, participate in tenders, carry out the state. orders, then in this case it is beneficial to open an LLC, since it will be easier to attract investments and have more partners.

Nuances worth paying attention to

Any LLC begins with a meeting of potential founders of the company, at which they approve the Protocol on the creation of the company and sign the Agreement on the establishment and draw up the Charter of the company. These documents will be the initial internal company documentation required to open an LLC.

These three documents record all the most important information about the company: the data of the founders, the location of the enterprise, types of activities, the size of the authorized capital, etc. Opening an LLC requires strict adherence to the “letter of the law” when drafting legal documents. All discrepancies entail the imposition of penalties.

To open an LLC, it is necessary to submit an application for registration to the Interdistrict Inspectorate of the Federal Tax Service of Russia (with accompanying constituent documents). It has a statutory pattern. An application for a simplified taxation system, which is also attached to the main package of documents. You can apply to the tax office:

  • directly to the IFTS;
  • through the MFC;
  • through a notary (This method will cost you many times more than the previous ones).