Registration LLC - the main mistakes of entrepreneurs

According to the latest statistics, more than 80% of non-governmental organizations and commercial enterprises of the CIS countries belong to the organizational and legal form of enterprises - LLC, which stands for "Limited Liability Company." This figure reflects the general state of affairs of all modern commercial directions. If we take into account only the registration of industrial enterprises, as well as the company of retail and wholesale trade, this figure increases to 92%. This confidently tells us that it is the limited liability companies that are the most popular among our entrepreneurs today.

Let's say more, it is the Limited Liability Company (LLC) in the USA and Gesellschaft mit beschränkter Haftung (GmbH) in Austria and Germany - foreign analogues of domestic LLCs that currently form the economies of these countries. A similar situation is in the countries of Eastern and Western Europe, as well as in the vast majority of developed countries.

In connection with the special popularity of limited liability companies, an increasingly important role for the domestic entrepreneur is acquired by the administrative procedure - the registration of LLCs. Let us dwell on its most important points, we will indicate the main mistakes of entrepreneurs.

Registration LLC - the main mistakes of entrepreneurs:

1) Formal charter of the enterprise.

One of the most common mistakes of domestic businessmen is the use of the standard template of the statute when registering. First of all, it concerns start-ups, as well as all persons involved in the registration procedure themselves. Do not skimp on registering your own company! Especially if several members, founders participate in the creation of a legal entity . Refer to the services of professional lawyers who are able to correctly reflect in the registration documents all existing material relationships.

2) Unreasoned activities.

The second most popular mistake of entrepreneurs is unreasonable types of economic activity. Since all types of business activities of an enterprise are reflected in its registration documents (registration certificate, VAT payer certificate, company charter ...), any actions to change it require the owner of the LLC to conduct a special administrative procedure. And this, in turn, is money and time. Try in the initial registration of the company to indicate in the documents not only your main current activities, but the types of work for a possible future (for example, goods or services that accompany your business).

3) Inconvenient taxation system.

In an effort to minimize overhead costs (tax deductions, fees, accountant's salary ...), some businessmen choose inconvenient taxation systems that promise at first sight undeniable advantages ... Especially often it "gets out sideways" when the procedure is started - liquidation of LLC. Use when choosing your tax system, two main criteria:

• Recommendations of the tax inspection
• Convenience of work with counterparties and partners

4) Problem bank.

As you know, the main element of the sale of any product or service is the timely receipt of the full amount of payment. To this end, most Limited Liability Companies use so-called non-cash payments. Keep in mind that not every bank is able in this respect to provide the entrepreneur with quality services. Before opening a bank account in a bank, try to get objective information about it (preferably from bank customers). Use the following criteria to assess the quality of banking services.

Criteria for assessing the quality of bank services:

• reliability;
• Convenience of work;
• cost of services;
• Speed of operations;
• Speed of internal procedures;
• Staff responsiveness.

At the end of this article, I would like to separately note that almost any error made during the registration of the LLC can still be corrected. As a rule, the question is only in money and in time. Despite this, we strongly recommend you - use the services of professionals. Remember that miser always pays twice!