1. It has a legal business entity and is also the mainstream of China’s economic form, enjoying broader protection from national policies. After the company is established, it can cope with government inspections in daily business activities, and it can focus more on customers instead of hiding away in fear of inspections.
2. To cooperate with customers, operate with a license. Opening a company is undoubtedly the first step to formalize and legalize your business. Just imagine, at the same price and under the same conditions, would everyone choose a company with complete qualifications as a partner or an individual with nothing? Then we can understand that establishing a company can, to a certain extent, improve the credibility of the company and the integrity of the entrepreneur.
3. It is convenient to establish a company brand. Registering a company not only has the qualifications to apply for domestic trademarks, but also the company's brand building is mutual. The company is the main body of the brand. Companies with good reputation and strong strength can often build excellent brands. This is what every company likes to see, and it is also the guarantee of every customer's confidence in brand recognition.
4. Facilitate financing and credit. Personal financing and bank loans are relatively difficult, but it is different when you have a company. You can apply for credit loans from banks, corporate mortgage loans, etc. to raise funds. This piece can be a good addition. Good business projects can even attract venture capital, acquisitions by large companies, etc., thus allowing the business to develop faster.
5. The need to issue invoices is an inevitable part of business dealings. In the past, you may not need invoices because you were doing a small business, nor did you need to issue invoices to customers. Then You can only move within this limited circle, which obviously does not meet your development needs. Large companies and large enterprises all need invoices. This is the direction that a formal enterprise should go. If you open a company, you can apply for and issue your own invoices. In addition, if you meet certain conditions, you can also deduct taxes.
6. Purchase social security. For some entrepreneurs with registered residence in other places, you don’t want to leave a piece of prosperity in the city where you start a business and take away a piece of desolation. You may want to take root here and create something here. What a development blueprint. According to current policies, in many places, individuals cannot buy social security in other places, let alone enjoy social security benefits here. In this specific regulatory environment, opening a company can solve this problem. As an employer, you can buy it, and so can your company's employees. Business is a time-based business, and companies have to pay for social security to retain employees. This combination of trends is in line with the times.
7. Promote products and services online. The global networked business environment requires entrepreneurs to have their own network concepts and implement network marketing plans that are in line with the development of the enterprise. Nowadays, Tmall Mall, Alibaba, JD Mall and other major e-commerce companies that are gaining momentum require corporate qualifications to enter. This means that if you can't enter as an individual, you have to bring a company with you. In addition, the Ministry of Industry and Information Technology has increasingly strict requirements for network construction. To build a corporate website, you must have corporate qualifications. All in all, for entrepreneurs who want to seek greater development, whether passively or proactively, starting a company will become the final choice.
8. Bear limited legal liability. Shareholders shall be responsible for repaying the company's debts to the extent of their capital contribution. For example, if you register a company worth RMB 100,000, shareholders can repay debts up to RMB 100,000. If that fails, you can apply to the court for bankruptcy of the company, which will ultimately minimize the operating risks for shareholders. Unlike self-employed individuals who are required to bear unlimited joint and several liability, it is not surprising that the economy of themselves and their families will be severely damaged, and it is not surprising that they will go bankrupt.
9. The company is an enterprise legal person, which can independently bear civil liabilities, carry out various economic activities, and perform various economic activities in the name of the company, which plays an important role in corporate image and product (service) marketing. important impetus. As an independent legal person, it can invest in other types of companies and enjoy the rights and interests of legal person shareholders. This is beyond the reach of individual industrial and commercial households and general enterprises.
10. Enjoy entrepreneurial discounts, entrepreneurial discounts for college students, etc.