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How to convert an individual business owner into an enterprise

In the process of development of individual industrial and commercial households,The scale has become larger,At this time, the self-employed can no longer meet the needs of business development.,Then we need to convert self-employed individuals into companies,Moreover, there are many preferential policies for converting a self-employed person into a company.。So how do you convert a self-employed person into a company?

one、Conditions that need to be met to convert a self-employed person into a business:1.A self-employed operator becomes an investor in the enterprise after converting into an enterprise.;2.Self-employed individuals have their own self-employed names;3.The business location remains unchanged after a self-employed person is converted into an enterprise.;4.After a self-employed person is converted into an enterprise, no additional pre-licensing items will be added to the business scope.;5.Business projects of self-employed individuals must comply with national enterprise development policies;6.The registration authority for self-employed individuals and those converted to enterprises is the same.;7.Self-employed individuals were not seized before converting to a business.,No open cases found。

two、The process of converting a self-employed person into a business:1.Handle pre-approval for upgrading company name;2.Deregistration of individual industrial and commercial households;3.Establish a registered limited company;4.Approved Registration Co., Ltd.。three、Materials required for converting a self-employed person into a business:A. Pre-approval of company name:1.Application form for transformation and upgrading of individual industrial and commercial households into enterprises;2.Application form for pre-approval of name;3.Self-employed business license;4.Investor ID card。

B. Deregistration of self-employed individuals:1.Notice of self-employed name;2.Application for deregistration of self-employed persons;3.Self-employed business license。C. Establish a registered limited company:The materials required to convert a self-employed person into different types of businesses are also different.。

a. Convert to a limited company:1.Registration application form for limited company;2.Articles of Association;3.ID cards of shareholders, supervisors, etc.;4.Operator ID card;5.Notice of company name approval;6.Notice of cancellation of self-employed business。

b. Convert to partnership:1.Partnership application;2.partnership agreement;3.Partner ID card;4.Confirmation letter of capital contribution subscribed or paid by partners;5.Notice of Approval of Partnership Name;6.Notice of cancellation of self-employed business;7.other。c. Convert to sole proprietorship:1.Application form for sole proprietorship;2.Investor ID card;3.Sole Proprietorship Approval Notice;4.Notice of cancellation of self-employed business;5.Other related materials。

D. Approval of registration for conversion of self-employed individuals into enterprises:After submitting relevant information,After approval by the industrial and commercial department,Issuance of enterprise business license and certificate of upgrading individual industrial and commercial households to enterprises at the same time。Four、What are the preferential policies for converting individual business owners into enterprises?:1.Financial benefits for self-employed individuals who transfer to a business,For small and micro enterprises that meet bank loan renewal conditions,When you have difficulty repaying your loan,You can apply for service subsidy coupons for small and micro enterprises。

2.Discounts on social security when a self-employed person turns into a business,Social security payment standards can be set for a 3-year transition period,During this three-year transition period,You can still pay social security according to the social security payment standards for individual industrial and commercial households。3after years,You can also apply to the Human Resources and Social Security Bureau for another 2-year transition period for self-employed social security payment standards.。Equivalent to when a self-employed person is converted into an enterprise,You can enjoy the preferential policy of social security payment for 5 years。

3.Tax incentives: The tax standards for self-employed individuals are lower than those for enterprises.,After a self-employed person turns into a business,,Enterprises cannot enjoy the taxes and fees of self-employed individuals.。However, within three years of converting a self-employed person into an enterprise,You can still pay taxes and fees according to the self-employed standards.

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