Before launching into undertake, it is essential to know the different legal options available to choose the one that best suits your needs. This decision can make the difference between starting a successful business or not getting the expected results.

As entrepreneur, you can choose to register as self-employed natural person or constitute a commercial company, an option that offers a more formal structure and greater possibilities of growth.

The possibility of choosing one option or another will depend on many factors, both personal, fiscal, labor, economic or legal, so it would be necessary to know in depth what type of economic or business activity is intended to be carried out and what are the business development forecasts or perspectives that exist.

In general, unless there are reasons of a legal nature, economic or financial If they advise otherwise, it may be more practical to start with the simplest legal formula, registering as a self-employed natural person.

In addition, becoming a self-employed individual does not require any minimum amount to undertake, since it does not involve the disbursement of share capital as is necessary when creating a company.

Regarding the management of daily activity, the self-employed natural person You will be able to meet your tax and commercial obligations with less complexity than if you decide to start your business through a commercial company, since you will not have to keep accounts in accordance with the Commercial Code or undertake other commitments such as the official registration of accounts or processing corporate tax, among many other issues.

Now, a key aspect that must be highlighted is that the individual entrepreneur as a self-employed natural person assumes his activity with unlimited liability, that is, he will be responsible for his personal assets for debts to third parties.

However, in the case of commercial companies, the liability of the entrepreneur or self-employed person is generally limited to the capital that he has contributed to the company in the event of possible crisis or insolvency situations.

In addition, commercial companies can pass on a greater variety of expenses that can be deducted through Corporate Tax, while self-employed individuals have very limited possibilities of deducting expenses through the Personal Income Tax, even if they have been generated in the activity.

Each option offers advantages and Limitations that depend on factors such as the activity that you want to do, your growth objectives, and the projection economic that you hope to achieve. That is why, in our coworkingWe provide you with the space, the necessary advice and the support you need to choose the legal formula that allows you to move forward with security and trust in your business.