What kind of business is an LLC suitable for?
Posted: Thu Jan 23, 2025 7:09 am
A limited liability company, or LLC for short, is a company that is created by one or more individuals or legal entities to conduct business activities.
This organizational and legal form is suitable for small or medium-sized businesses: you can choose a preferential tax regime with minimal reporting. For beginning entrepreneurs, this format is convenient because LLC participants risk only the amount of their authorized capital, unlike, for example, an individual entrepreneur who is liable for debts with all of his property. japan telegram mobile phone number list The risks of participants in a joint-stock company are also limited by the value of their shares. But creating a JSC is more expensive and complicated: it is necessary to register the issue of shares, instruct the registrar to maintain the register of shareholders, and disclose annual reports if there are more than 50 participants.
It is easy to register an LLC with minimal investment. We tell you what you need for this.
How to open an LLC: step-by-step instructions
To open your own company, you need to decide the main questions: who will be a participant in the LLC, what the company will do and where it will be located, come up with a name; then collect a package of documents and submit it for registration to the Federal Tax Service. Here's how to do it.
This organizational and legal form is suitable for small or medium-sized businesses: you can choose a preferential tax regime with minimal reporting. For beginning entrepreneurs, this format is convenient because LLC participants risk only the amount of their authorized capital, unlike, for example, an individual entrepreneur who is liable for debts with all of his property. japan telegram mobile phone number list The risks of participants in a joint-stock company are also limited by the value of their shares. But creating a JSC is more expensive and complicated: it is necessary to register the issue of shares, instruct the registrar to maintain the register of shareholders, and disclose annual reports if there are more than 50 participants.
It is easy to register an LLC with minimal investment. We tell you what you need for this.
How to open an LLC: step-by-step instructions
To open your own company, you need to decide the main questions: who will be a participant in the LLC, what the company will do and where it will be located, come up with a name; then collect a package of documents and submit it for registration to the Federal Tax Service. Here's how to do it.