“ Should I establish a company or a business household ?” is a question that many people are interested in when they intend to “start a business”. However, not many people really understand the advantages and disadvantages between the two models and whether establishing a company or a business household will be more beneficial. The following article will help readers answer the above questions.
Should I establish a business or a company?
Note: Before learning about establishing a business household or company, you can preview the information you need to know about business households in the article for further reading.
See more: What is a business household? Is a business household an enterprise ?
Table of Contents Hide
1. Overview of business households and companies
1.1. Business households
1.2. Company
2. Advantages and disadvantages oman telegram data of each type of business
2.1. Advantages and disadvantages of business households
2.2. Advantages and disadvantages of the company
3. Conclusion
Overview of business households and companies
Below is an overview of business households creating a media planmedia planning of an so that readers can distinguish the difference between business households and companies and the industries that business households and companies are allowed to operate canada data according to the provisions of law.
1.1. Business households
Overview of business households
Some people often confuse business households with enterprises. So what is a business household? What are the business lines of business households? Let’s find out through the section below.
Overview of business households
– A business household is owned by an individual or an organization that is a Vietnamese citizen of 18 years of age or older, has full civil capacity, or is owned by a family. A business household can only employ less than 10 workers, is registered at one location, and the business owner must bear all of his or her assets for business activities.
– If members of a household register a business, they must authorize one member to represent the business household. The individual authorized by the members to represent the household will be the owner of the business household.
Regarding the business lines of the household business
The list of business lines of household businesses according to the law is as shown in the table in the drawing below.In addition to learning about business households, it is also necessary to learn more about companies and related industries to more clearly determine whether establishing a company or a business household will be more beneficial.1.2.1. Overview of company types
– A company is an organization with its own name, transaction office, assets and is established or registered for business in accordance with the provisions of law for business purposes.