Differences Between Operating as an Individual and as an SAS
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Accounting Bogotá
Differences between operating as an individual and as an SAS
One way professionals or entrepreneurs can carry out their activities is directly, that is, acting as an individual. Another way is through a legal entity, which may be a Simplified Joint Stock Company (SAS). This legal entity may be their own company, created by the individual as shareholder or partner, or may be used through a contract.
Key information
When practicing a profession, generally under a contracting arrangement, certain differences and/or difficulties may arise in obtaining a contract, especially when the goal is to contract with a government entity. This is where it becomes necessary to evaluate whether it is more convenient to operate as an individual or to incorporate a legal entity, which may be an SAS, and obtain the contract through it.
Let us review some differences between the two in order to decide which is more convenient.
If you require advisory services or the process for creating an SAS, do not hesitate to contact us and we will gladly carry out the process. Cell / WhatsApp: 310 558 91 17. Schedule an advisory appointment here.
310 558 91 17 - 313 821 48 03
