1) The existence of the freedom to conduct a business Depending on the forms of ownership, enterprises are divided into: Private enterprises, which may exist either as totally independent and independent enterprises or in the form of associations and their components. 2. Organizational and legal forms of entrepreneurial activity Depending on the legal status in Russia, there are: – partnerships and companies (the most common types of enterprises); One of the first decisions you need to make as an entrepreneur is how your business should be structured. You need to know the pros and cons of each of the different forms of business organization to make sure you`re making the right decision for your new business. There are three basic forms of business. A sole proprietorship is a business that is owned by a single person. From a legal point of view, the company and its owner are considered as one and the same. On the plus side, this means that all profits are owned by the owner (after tax, of course). However, on the negative side, the owner is personally responsible for the losses and debts of the business. This poses a huge risk. For example, if a sole proprietor is on the losing side in a major lawsuit, the owner may find that their personal property is forfeited.

Most sole proprietorships are small and many have no employees. In most cities, for example, there are a number of repairers, plumbers, and independent electricians who work alone on home repair work. In addition, many sole proprietors operate their business from home to avoid the costs associated with running an office. A legal business entity that separates the owners from the company`s liabilities. The owners receive shares, and the profits are taxed twice, at the level of corporate and individual ownership, most large corporations, such as Canadian Tire, are organized as corporations. A key difference between a corporation, on the one hand, and a sole proprietorship and partnership, on the other, is that corporations involve the separation of ownership and management. Companies sell shares of ownership that are publicly traded and managed by professional executives. These officers may own a significant portion of the company`s shares, but this is not a legal requirement. Table 24 – Forms of organisation of entrepreneurship Individual entrepreneurship – a form of enterprise in which a person has the right to engage in entrepreneurial activities. This form is characterized by the fact that the contractor carries out business activities without registering a legal entity, performs all work independently and is not allowed to hire employees. Individual entrepreneurship is carried out on the basis of the entrepreneur`s own assets and resources. The Civil Code of the Russian Federation provides for two types of activities – personal entrepreneurship, when the business is run by a citizen, and joint activity, in which activities are carried out jointly by several individual traders.

Joint individual entrepreneurship: family business or simple partnership on the basis of a joint economic activity agreement. This organizational and legal form has certain advantages and disadvantages. The first includes simplified regulations for obtaining a permit to engage in business activities, since from the moment of state registration, a citizen has the right to run his own business without creating a legal entity (IPBOYuL). The undoubted advantage of this form is the simplified tax system – the so-called single tax. That is, the entrepreneur pays a strictly fixed amount of tax on a monthly basis, which is regulated by the Tax Code of the Russian Federation. The disadvantages are limited loans, except in addition, an individual entrepreneur is responsible for all his property, even personally. 2. Organizational and legal forms of companies.

2.1. Economic partnerships and enterprises. 2.2. Production cooperatives. 2. 3. State and municipal unitary enterprises Organizational and legal forms of commercial enterprises: partnerships and companies, production cooperatives, state and municipal unitary enterprises. Business partnerships and enterprises – These are commercial organizations whose authorized capital is divided into shares (contributions) of their participants. We have described the four most common corporate legal structures with considerations for each of the following, including taxes, liability, and formation of each.

Ready? State regulation of entrepreneurial activity can be direct (directive) and indirect (economic). The legislative acts contain numerous directives on various aspects of economic activity. Direct state regulation can be considered in the following areas: The most common form of business structure for small businesses is a limited liability company or LLC, which is defined as a separate legal entity and can have an unlimited number of owners. They are usually taxed as a sole proprietorship and require insurance in the event of a dispute. This form of business is a mixture of other forms, as it has certain characteristics of a corporation and partnership, so its structure is more flexible. Contributors (sponsors) – citizens, legal persons, institutions Overview of the lesson on “Organizational and Legal Forms of Entrepreneurship” The legal form of the organization in the business plan is used to decide how the business will operate, how roles will be assigned and how relationships will work.3 min spent reading BUSINESS, – generate activity, business, profession, revenues. – There is unlimited liability if something happens in the store. Your personal belongings are at risk (including your home in Kansas City). – It is limited in fundraising and the owner may need to buy consumer credit.

– There is no separate legal status. There are several types of businesses in Canada: a Canadian-controlled private corporation (CCPC); a body governed by public law; a body controlled by a body governed by public law; and another company (you guessed it: the kind of company that doesn`t fit into any of the other categories). From a legal point of view, shareholders or owners of companies cannot be held legally responsible for the actions of companies, their financial risk is limited to the value of the shares they own.