Under What Circumstances Should Companies Register?

LLC: many Chinese start businesses in the United States and register for LLC because the company is simple in form.

S-Corp: foreigners foreigner can not be registered, they need to be American citizens or green card holders. S-Corp is more complex than LLC in terms of operation, but once it makes more money, it has an advantage over LLC in tax avoidance, because LLC's revenues are all paid in accordance with payroll taxes, while S-Corp's revenue can be divided into wages and dividends. Part of the income tax rate is lower than the payroll tax.

C-Corp: if the company profit C-Corp is a good choice. If you can make profits continue to invest in the company, it is a good choice. CPA can effectively avoid tax. This is what CPA certified public accountants suggest to me. For foreigners, some lawyers would suggest that they register in the US for business purposes. C-Corp It makes people feel more impressive and the company's image is more formal. In addition, registration and maintenance of a corporation in the United States is not a particularly troublesome thing than registering and maintaining a company in other countries.

LLC+S-Corp declare tax: This is register LLC company, when filing tax returns, apply to IRS for tax return according to S-corp (to fill in Form 2553 form). The advantage of this is not to maintain complex S-Corp operation procedures. Some of the friends I have contacted have generally suggested that they are in the form of LLC + S Corp. If you think S Corp is troublesome, get a simple LLC.

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To reduce the registration threshold of market players, where is "down"? Wu Bin told reporters that the registered capital of his company was 500 thousand yuan, but it is not all in place. According to the request, he can pass the examination and approval as long as he promises that the 500 thousand yuan will be available within this year.

It is understood that the registration system reform is mainly about the amount of capital subscribed, the way of investment and the time limit for contribution, etc., which is stipulated by the company in the articles of association, and no longer required to produce the capital verification report issued by the accounting firm. In addition to special industries, last year, the city also relaxed restrictions on registered capital, such as: the company limited the "minimum 30 thousand yuan registered capital" restrictions; the limited capital of the company relaxed the "minimum 100 thousand yuan" restrictions; the registered capital of joint-stock companies relaxed the "minimum 5 million yuan" restrictions.

In addition, our city has relaxed the restrictions on the business premises, and allows some enterprises that are pollution-free, noiseless and without hidden dangers to allow their business premises not to be in office buildings. In order to facilitate the registration of companies by the masses, the Municipal Industry and Commerce Bureau has also extended the examination and approval authority to the maximum extent. Since last year, three districts with registered capital of less than 10 million yuan have been dealt with in the three district business departments, which has greatly improved the administrative efficiency.

"The new policy has brought a very positive effect. Taking the newly registered companies as an example, the average annual growth rate in the whole city was 10% to 15%, but last year it reached 30%." Ma Shihua, director of the registration department of the Municipal Industrial and commercial bureau, said.

The relevant person in charge of the Municipal Bureau of industry and Commerce believes that through the implementation of the reform in the past year, the market participants in the city have shown a rapid increase in quantity and registered capital, the continuous expansion of the registered capital of new enterprises, and the obvious leading role of the company led enterprises.

"Last year, there were nearly 40 thousand new employees in various market entities in the city, an increase of 15% over the same period last year, which not only effectively stimulated the enthusiasm of social entrepreneurship, but also significantly increased the vitality of private capital investment." The official said, this will not only make the market economy more active in our city, but also bring more job opportunities, so that the dividends will be truly benefited to the masses.

This year, our city will continue to improve and implement the reform measures of registered capital registration system, and introduce the management method of residence registration. Reporters learned from the Municipal Bureau of industry and commerce that at present, office buildings in the city proper are scarce, which can not meet the needs of the market and relax the management of business address registration, which is conducive to stimulating more enthusiasm for private entrepreneurship and reducing the pressure of starting business.