In China's current laws, the legal channels for individual entrepreneurship include: establishing limited liability companies; applying for registration to engage in individual businesses; establishing sole proprietorship enterprises; and setting up partnership enterprises.
First, registration bottom line
1. Limited liability company: the minimum registered capital is 100 thousand RMB. The basic requirements are: (1) the shareholders meet the quorum, which is jointly funded by 2 or more shareholders. (2) the shareholders' contribution reaches the minimum legal capital: the company with production and operation mainly needs 500 thousand yuan or more; the company mainly relies on commodity wholesale for more than 500 thousand yuan; the retailing company mainly needs more than 300 thousand yuan; the technology development, consulting and service companies need more than 100 thousand yuan; (3) shareholders jointly formulate the articles of Association; (4) a company name is established to establish the organization that meets the requirements of the limited liability company; (4) there are fixed production and operation places and necessary production and operation conditions.
Two, individual industrial and commercial households: registration system for registered capital, there is no minimum.
Basic requirements:
(1) urban unemployed persons, rural villagers and other personnel permitted by the state policy may apply to engage in individual business operations; (2) applicants must have funds, business sites, operational capacity and business skills corresponding to the operation items.
Three, private-owned enterprises: registration system for registered capital, there is no minimum.
Basic requirements:
(1) the investor is a natural person;
(2) having a legitimate business name;
(3) capital contributions declared by investors;
(4) there are fixed production and business premises and necessary production and operation conditions; (5) the necessary practitioners.
Four. Private partnership: there is no minimum limit for the registration of registered capital.
Basic requirements:
(1) there are more than two partners and are liable to unlimited liabilities according to law; (2) there is a written partnership agreement; (3) there are actual contributions paid by partners; (4) the names of partnership enterprises; (5) the necessary conditions for business establishments and partnerships.
(6) a partner should be a person with full capacity for civil conduct.
(7) those prohibited by law and administrative regulations from engaging in for-profit activities shall not become partners of partnership enterprises.
Note: partners may make contributions by currency, material object, land use right, intellectual property right or other property rights; the above capital contribution shall be the lawful property and property rights of the partners.
Two, registration steps
Step 1, consult with the business registration bureau of the Municipal Industrial and commercial bureau (or district, County Bureau of industry and Commerce), and obtain relevant forms and materials for registration.
Step two, go ahead with the name approval and get the notice of name pre approval.
Step three, open a temporary account with the approved name to the bank, and shareholders will share the funds in the temporary account.
Step three, go to a qualified accounting firm for verification of capital verification.
Step four, hand in the registration materials to the industrial and commercial bureau registration window for acceptance and preliminary examination.
Step five, get the business license and pay the registration fee according to the agreed time.
Step six, issue a notice in the prescribed newspaper.
