Self-employed individuals have no minimum requirements for registered capital when registering for industry and commerce. When a general taxpayer registers, its minimum registered capital is 30,000 yuan, while the minimum registered capital of a limited company is 654.38+10,000 yuan.

2. Different tax rates are applied

Individual industrial and commercial households are not allowed to apply for increasing the tax rate of 17%, and only small-scale taxpayers (3%) are allowed. Limited company can apply for 17% general taxpayer VAT invoice.

3. Taxes and tax calculation methods are different.

Generally speaking, individual industrial and commercial households are estimated by the tax authorities according to their location, scale, number of employees and goods sold. And then determine the tax. No matter how much you earn in the current month, whether you have income or not, you must pay taxes according to the fixed tax amount. General taxpayers usually require enterprises to have sound accounting and accounts, and pay taxes according to the income declared by enterprises themselves.

Individual industrial and commercial households or sole proprietorship enterprises only pay individual income tax on their operating income; The operating income of a limited liability company pays both enterprise income tax and individual income tax. Taxes on individual industrial and commercial households or sole proprietorship enterprises generally adopt a fixed levy; Taxation of limited liability companies, business transactions are taxed according to invoices, and business income is generally collected through verification or audit.

Extended data

The way to turn newly-opened self-employed individuals into ordinary taxpayers;

1. According to the detailed rules for the implementation of the new VAT regulations, individual families can meet the income standards of ordinary taxpayers, that is, the annual industrial income is more than 500,000 yuan and the annual commercial income is more than 800,000 yuan. Individuals cannot apply for general taxpayers.

2. However, the new general taxpayer identification method has not yet been introduced, so even if the personal family income has reached the standard, many places still cannot become general taxpayers;

3. Specific measures for individual families to apply for general taxpayers shall be implemented after the State Taxation Administration of The People's Republic of China document is issued.

General taxpayers refer to enterprises and enterprises whose annual sales of value-added tax (hereinafter referred to as annual taxable sales, including all taxable sales in a calendar year) exceed the standard of small-scale taxpayers stipulated by the Ministry of Finance. The characteristic of ordinary taxpayers is that the input value-added tax can be deducted.

(1) The annual value-added tax sales (including export sales and tax-free sales, hereinafter referred to as annual taxable sales) meet or exceed the following standards: the annual taxable sales of industrial enterprises are more than 500,000 yuan.

(2) The annual taxable sales of commercial enterprises is more than 800,000 yuan.

(3) If a newly-established enterprise meets the following conditions within one month from the date of its establishment, it may apply to a general taxpayer for recognition. If the estimated annual taxable sales exceed the standard of small-scale enterprises, it can be temporarily recognized as a general taxpayer, and the longest period is one year (from the date of approval 12 months): the basic condition for a new enterprise to apply for value-added tax is the paid-in capital of 500,000 yuan. Yuan (according to local policies)

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