Różnica między JDG a Sp. z o.o.

The difference between JDG and Sp. z o.o.

An Individual entrepreneurship is the simplest form of business activity:

The JDG registration period is up to 7 working days;
Making changes to the data takes up to one day and is free of charge;
No share capital required;
The sole owner is a taxpayer of personal income tax (PIT);
Choice of tax system;
Simplified accounting system;
The entrepreneur can freely dispose of his money, but in the event of disputes, he is liable for all his property obligations;
The entrepreneur has the exclusive right to represent his business;
A much simpler and faster way (up to 24 hours) to suspend or close down your business if necessary.

A limited liability company (Sp.z o.o) - is a more complex form of business:

The founders must sign the partnership agreement in the prescribed form, as well as a number of other documents required for registration;
You have to pay a state fee to register your company;
The deadline for registering a company lasts up to 30 days, the application for registration is considered, and the decision on registration is made by the court;
You have to pay a state fee for making changes to your company, and it takes up to 30 days to make changes;
When registering a company, it is necessary to create a share capital of at least PLN 5,000;
Companies pay CIT (corporate income tax);
One of the advantages of this legal form is that the co-founders are not responsible for the company's obligations, all obligations rest solely with the company. In the event of disputes, the company is liable with its assets and share capital.
Requires full accounting, all cash flows must be documented and justified;
The company is represented by the board;
A more time-consuming process of closing the company, the decision to close is considered and made by the court, the closing process can take up to 2 years.