"If you want someone to treat you badly, I count on me ... "I think this song Sabina, might well define, I thought the legislature, when he "rolled up" to the Law to Support Entrepreneurs os. If you recently, we review two of the most remarkable aspects of this standard, today, I would like noticing two acronyms, arising from the same.

Acronym, that much mistaken me will have the same fate as those of the SLNE. (New Enterprise Limited Company). By using the wise words of my grandfather, the same the same "as the Tomasa in the puppet".

But first, first, see what is behind the acronym E.R.L (Entrepreneur Limited Liability). Any employer, professional or self, once you have started the activity, can be, regardless of whether the start today, morning, past or do 10 years old.

For this, will have to register as an Entrepreneur Limited Liability, in the Companies Register (payment of 40 Euros) and the Land Registry (payment of 24 Euros).
And once done, What are the advantages? Get avoid, the debts of its activity, affecting their usual home, with the condition that has a value less than 300.000 Euros, if you live in a town with less than 1.000.000 population and 450.000 Euros if it exceeds this figure.

So far, all looks very nice, but let's see how it behaves at short distances. The E.R.L., must indicate all documentation, which is a "just" (without acrimony). Each time you issue an invoice, send a letter or you could even understand that an e-mail, it should also put your Name, which is a Limited Liability Entrepreneur. Since otherwise, loses the limitation of liability.

Thus all those who fall into this temptation, They look like automatically, credit which may result, becomes zero. If you are planning to negotiate a loan, credit line or off, better that they go forgetting about it.

As, although these issues are difficult for almost all, will be absolutely impossible for those who avail themselves of this figure. At the end of the day, it is still more than a mere declaration of intent. Explain simple as can be understood: I am a businessman or professional and you want to buy or that I financies, but as I am E.R.L., is it me goes badly, the only thing I have to pay you is my home, but I'm not paying her.

And if that were not enough, all professional, entrepreneur or self, to enroll in the scheme, will be obliged to formulate and deposited in the Commercial Register, the annual accounts of their activity. All, with the same obligations and expectations that if made by a Sole Limited Liability Company. Losing the benefit of the limitation of liability if it has been seven months since the end of the year in the above and has not proceeded to deposit their annual accounts.

Once threshed, so unhappy and quixotic figure, let's see the call Next Limited Partnership Formation. Society is, which has the particularity of being able to be with capital from one 2.999 Euros.

This type of company will have the same legal status as any SL. But with the specialty on (but within certain), they are made to amounts up to the minimum share capital 3.000 euros.

In this case as above, is required, the state on all sides in the whole world, The particular feature of this society. Whereby as in the E.R.L. we face the absolute impossibility of obtaining credit, is banking or shopping.

By summarizing, you who have assembled your company, I you come to buy or to ask for funding to me, saying, by the legal form that you have chosen to be, they have not put a guy in your company, for two reasons: you did not have or do not want to risk How do I'll let you take merchandise or I'll give you a credit line?

By concluding, I will say that in the humble opinion of this town lawyer, which is trying by all means, genta undertake the, initiate and undertake again. Since we consider that each person undertaking is one less person on the dole. Sometimes this is so, but in other, what is created is a bubble of entrepreneurs, with dire consequences for themselves and therefore for all of us.