Funding - businesses with legal entity
7 important questions on Funding - businesses with legal entity
Owners of businesses without legal entity are, in principle, jointly and severally liable for the debts of the business.
Generally speaking, the continuity of a business with legal entity is better safeguarded than that of a business without legal entity.
All businesses with legal entity have a publication obligation concerning financial information.
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In a private company, the director is always a different person than the owner.
A president majority shareholder of a private company is never severally liable for debts of the business.
The dividend tax is fiscally deductible for calculating the net profit.
For a business with a relatively low net profit, a sole proprietorship as legal form is a better choice than a private company fiscally speaking.
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