"Is it better for me to have a sole proprietorship or a limited liability company?"
This is one of the most common questions entrepreneurs ask us. And although many would expect a clear-cut answer, the reality is different— there is no universal solution.

The right form of business depends on several variables: income level, type of activity, degree of risk, plans for the future, and personal preferences. That is why we have based this webinar on specific data, comparisons, and practical examples from real life.

What you will learn in the webinar

• What are the main differences between a sole proprietorship and a limited liability company from an entrepreneur's perspective ?
• how initial costs, guarantees, and administration influence decisions
• When flat-rate expenses are worthwhile and when they are not
• differences in taxes and contributions for sole proprietorships and limited liability companies
• what impact legislative changes and developments in deductions have
• practical financial comparisons at different income levels
• When does a limited liability company become more advantageous than a sole proprietorship?
• What are the options for transitioning from a sole proprietorship to a limited liability company, and what should you be aware of?

The webinar also includes specific model examples that illustrate the differences in net income and the overall burden on entrepreneurs.

Who is the webinar intended for?

– for start-up entrepreneurs who are deciding between a sole proprietorship and a limited liability company
– for sole proprietors who are considering switching to a limited liability company
– for entrepreneurs who are interested in optimizing taxes and contributions
– for anyone who wants to make decisions based on data, not feelings

Lecturers

Ján Svočák – tax advisor, managing director of Adviterra s.r.o.

Organizational information

⏱ Duration: 45 minutes
– 30-minute lecture
– 15 minutes for questions