How Best To Open A Company

Table of contents:

How Best To Open A Company
How Best To Open A Company

Video: How Best To Open A Company

Video: How Best To Open A Company
Video: How to Create a Company | Elon Musk's 5 Rules 2024, April
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Opening your own company is a complex procedure that includes a number of steps, each of which plays a significant role. Only attention to all details, even the most insignificant at first glance, can ensure success for a newborn company.

How best to open a company
How best to open a company

Instructions

Step 1

Come up with a suitable name for the company. It should be sonorous, memorable in order to attract new customers with greater efficiency. At the same time, a lot depends on the field of activity of the organization and its target audience: a bright, informal, creative name will appeal to young people, but, probably, will not be very appropriate for an office providing legal services or for a funeral service bureau. If your own options for the name of the company do not suit you, you can contact one of the many companies engaged in naming, which will offer you its options, from which you will only have to choose the most suitable one and open a company.

Step 2

Choose an organizational model for your firm. In the case of a small organization, it is more profitable for its founder to opt for LLC (Limited Liability Company), since the minimum authorized capital for such a model is very small - its amount is only ten thousand rubles. This means that the responsibility of the founder will be limited to a fairly modest amount.

Step 3

Decide on the right tax system for the firm. It can be general or simplified. When working on a common system, the firm will pay both federal taxes and those established by local authorities. The simplified system implies replacing the entire list of fees, the amount of each of which varies depending on the region, with one single tax with a fixed interest rate, which, at the choice of the founder of the company, is six percent of the profit or fifteen percent minus the costs incurred by the company. To switch to a simplified taxation system, you must draw up a special application and submit it along with other documents during the registration of the company.

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