Individual entrepreneurship
Answers are for parents and teachers.
1
Make a table: columns — individual entrepreneur, legal entity; rows — liability, charter fund, reporting, growth possibility. Write a short answer in each cell.
Individual entrepreneur: personal liability, no charter fund, simple reporting, limited growth. Legal entity: liability within its property, charter fund depends on the form, more complex reporting, wider growth.
2
In which cases is which form more suitable: a) selling a small amount of clothes sewn at home; b) opening a workshop with 40 staff? Give reasons.
a) individual entrepreneur or self-employed person — simple and cheap. b) a legal entity (for example an LLC) — for many staff, large funds and limited liability.
3
Assume the BHM is 350 000 so‘m and the fixed tax is 4 BHM a month. What is the yearly tax in so‘m?
16800000
4
Why do many young entrepreneurs start as individual entrepreneurs or self-employed persons? Write in 3–4 sentences.
Because registration and reporting are simple, no charter fund is needed and the starting cost is low. If it goes well, one can move to a legal entity later.
5
With an adult, look at what the official public-services portal says about “individual entrepreneur” or “self-employment” and write three main conditions (the answer depends on your research).
Free answer: acceptable conditions include age, the way of registering, the permitted activity or tax type; the source should be the law or the official portal.