1. A sole proprietorship enterprise only needs to pay personal income tax.
According to the current tax law, a sole proprietorship enterprise pays personal income tax instead of enterprise income tax, and the excessive progressive tax rate of 5% to 35% is applicable.
Taxable income = current month (period) sales income rate =160220.09 * 5% = 8011yuan taxable income = taxable income applicable tax rate-quick deduction.
2. A sole proprietorship enterprise should also be taxed according to its business: if it sells production goods or repairs and repairs services, it should pay value-added tax (national tax), and the tax rate is 4% (industrial) or 6% (commercial); If it belongs to other service industries, it is necessary to pay business tax (local tax). The tax rate varies from 3% to 5% according to different industries, and it is 20% for individual industries to Internet cafes.
3. There are also some additional taxes: the education surcharge of urban construction tax is a special surcharge of value-added tax and business tax. As long as value-added tax and business tax are paid, urban construction tax and education surcharge must be paid according to a certain proportion.
4. Local taxes also levy some small taxes: stamp duty, property tax, etc.
Most taxes are not levied on profits, so it doesn't matter whether you lose money or not.
Second, the characteristics of wholly foreign-owned natural person enterprises
1, the establishment and dissolution procedures of enterprises are simple.
2. Flexible management. Business owners can determine their own business strategy and make business decisions completely according to their own will.
3. The owner shall bear unlimited liability for the debts of the enterprise. When the assets of the enterprise are insufficient to pay off the debts, the owner pays off the debts of the enterprise with his personal property. It is beneficial to protect the interests of creditors, but wholly-owned enterprises are not suitable for high-risk industries.
4. The scale of the enterprise is limited. The limited operating income, limited personal property, limited working energy and management level of a sole proprietorship enterprise restrict the expansion of its business scale.
5. The existence of enterprises lacks reliability. The survival of a wholly-owned enterprise depends entirely on the personal safety of the owner, and the life span of the enterprise is limited. In the modern economic society, wholly-owned enterprises play an important role.
Three, the legal liability of a wholly-owned natural person limited liability company
The legal liability of a wholly natural person-owned limited liability company shall be borne by the individual, because a wholly natural person owns a limited liability company. The differences between a limited liability company (wholly owned by a natural person) and a limited liability company mainly include:
1. Difference in the number of companies to be established: a natural person can only invest to establish a one-person limited liability company. A one-person limited liability company cannot invest in the establishment of a new one-person limited liability company. In other words, you can't invest in another such artist company, and you can't use your current company as an investor to set up a similar company.
2. Difference of tax burden: A limited company is responsible for its foreign investment, and a company wholly owned by a natural person is also called a one-man company. If the company's external liabilities cannot prove that its personal property is independent of the company, it may exceed the external liabilities of the investment amount, and the tax burden of a wholly natural person-owned company is lower.
3. Different legal definitions: A limited liability company is liable to the extent of its assets. The basic meaning of limited liability is that shareholders bear the company's operation, dividends and debts with their capital contribution. In layman's terms, it is a loss, so that the capital contribution can be transferred to Shui Piao, and other than that, it will not bear any debts or economic responsibilities. One-person limited liability companies and ordinary limited liability companies should indicate it in the registration and business license, that is, one-person limited liability companies should indicate the sole proprietorship of natural persons or legal persons in the company registration and indicate it in the company business license.
4. Differences in company structure: Limited liability companies (limited companies) are generally suitable for small and medium-sized non-joint-stock companies. A wholly natural person-owned company refers to a limited liability company with only one natural person shareholder, that is, a one-person limited liability company; A limited liability company controlled by a natural person refers to a limited company established by less than 50 shareholders, and the natural person absolutely or relatively controls it.
Legal basis:
Company Law of the People's Republic of China
Article 57
The concept of one-man company
The provisions of this section shall apply to the establishment and organization of a one-person limited liability company;
Where there are no provisions in this section, the provisions in the first and second sections of this chapter shall apply.
A one-person limited liability company as mentioned in this Law refers to a limited liability company with only one natural person shareholder or one corporate shareholders.
Company Law of the People's Republic of China
Article 58
Registered capital of one-person company
A natural person can only invest in the establishment of a one-person limited liability company. A one-person limited liability company cannot invest in the establishment of a new one-person limited liability company.