As a company (²õ´Ç³¦¾±Ã©³Ùé), the company's asset will be legally separate from the entrepreneur assets, which are protected from the company's creditors. However, the entrepreneur may be prosecuted if they use the company's assets for personal purpose.
The company must have its own name, address, and a minimum of assets. The entrepreneur acts on behalf of the company, not on their own behalf. The company may be taxed under corporate tax (Impôt sur les ²õ´Ç³¦¾±Ã©³Ùés or IS) or income tax (Impôt sur le revenue or IR).
Creating a company is not as straightforward as it is for a sole trader. It involves:
- Ìý
•ÌýÌýÌýÌý registering status with the tax authorities
- Ìý
•ÌýÌýÌýÌý appointing officers
- Ìý
•ÌýÌýÌýÌý publishing
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Web page updated on 17 Mar 2025 13:12