Starting a business for health professionals

Many health professionals want to open their clinic or office, however, many doubts may arise at this time. One of the doubts refers to the type of company: limited company, simple company, or individual company. With that in mind, we've listed below the main information you need to know to make the right choice.

Limited Company

Being the most common legal entity model in Brazil, the limited partnership is characterized by the limitation of the responsibilities of each businessperson and it is necessary to be registered with the Commercial Registry. Identified by having the acronym LTDA on its corporate name, it is composed of two or more partners, and it is not necessary that they carry out activities of the same nature.

In this modality, there is no minimum initial capital, and the partner's liability is proportional to the capital invested, but all account for the total.

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Simple Company

Like the limited partnership, the simple company is also composed of at least two professionals, however, in this modality, it is necessary that the professionals carry out the same activity.

Each partner becomes responsible for the provision of services that they offer, and it is not necessary to be registered with the Commercial Registry, as the registration of their Social Contract is made in the Civil Registry Office of Legal Entities.

Individual Company

the Individual Entrepreneur, as the name suggests, does not have the need to register in partnership with another person, however, there is no mandatory minimum capital to start your business.

Another difference is in relation to their assets, as there is no segregation between individual and corporate assets, that is, if the company has debts, the entrepreneur may respond with his private assets.