The choice between a sole proprietorship (Private Capital Company) and a sole proprietorship depends on the specific needs, preferences and goals of the entrepreneur. Both forms have their advantages and characteristics, and the choice depends on the type of business, the nature of the activity, the tax situation and the personal preferences of the owner.
In the sole proprietorship, the entrepreneur operates as a natural person and is the sole owner and responsible for the operations of the business. The establishment process is usually simpler and less time-consuming than a sole proprietorship, and the administrative burden is less. However, the entrepreneur is personally responsible for the finances of the business, including debts and liabilities, and his personal property status may be affected by the actions of the business.
A sole proprietorship is a limited liability company that has only one shareholder-owner. It is a legal form that provides the advantage of limited liability for the owner, who is not personally liable for the debts and obligations of the company, with the exception of his investment in the share capital. The incorporation process is relatively more complicated than a sole proprietorship, but offers more legal protection to the owner.
The choice between a sole proprietorship and a sole proprietorship depends on the entrepreneur's personal and professional goals, the nature of the activity, the financial prospects and the level of risk he is willing to take.