Deciding to start a business, you are facing a dilemma: which treatment to choose for its registration – sole proprietor or legal person? In the article the 'benefits' and 'shortcomings' of the two options. So you've decided engage in entrepreneurial activities, but do not know where to start. Starting business need to register. After all, illegal business could face an administrative fine or even professional responsibility. For a start you have to choose: Do you create a legal entity (eg llc or JSC), or to register as an individual entrepreneur (or as it is called private entrepreneur). Many might wonder what is better? The unequivocal answer to this question can not be. His one must find for himself. We can only consider the pros and cons of each legal status. "Plus" and "Cons" in quotes, because the same factor in different situations can be an advantage or a disadvantage, and this division is conditional. Consider some of the features of the legal status of legal entities and individual entrepreneurs, which should look for when choosing the legal form of business activity. Individual entrepreneur. Plus: 1. Individual entrepreneur pays less number of taxes and, in most, cases at lower rates than the legal person. Tax rates depends on the tax regime in which the entrepreneur operates. In carrying out activities on the basis of patent income of the entrepreneur is taxed at a rate of 3 percent (art. 375 Tax Code). When working on the basis of a simplified declaration of income is taxed at a rate of 3 percent to 7 percent depending on the amount (st.377 Tax Code).