As far as registration is concerned, individual industrial and commercial households bear unlimited liability and joint liability with family property. There is no capital verification and no investment threshold for industrial and commercial registration. The company is a limited liability company and only undertakes the same economic responsibilities as the registered capital. The minimum capital of the company is 30,000 yuan, which needs to be verified.
What's the difference between a service department and a company?
Only the nature, tax payment and name of the company are different, and there is no difference in others.
The service department is generally not a company, but a branch (a non-independent legal person under the company) or individual industrial and commercial households. Other economic forms are not called "service sectors".
In terms of tax payment, self-employed individuals can pay fixed tax or proportional tax, while companies can only pay proportional tax. This year, in order to encourage small and micro enterprises, the monthly income is less than 20 thousand.
The difference in names is self-evident.