Hi,
I have a couple of questions. I am a sole proprietor for a while now and I am slowly thinking of moving my business to GK. My questions are following:
1. Would having a GK increase my credibility for private loans, especially given by banks? I am planning to get a larger loan in a future, but from what I’ve seen – sole proprietors are either not accepted or are treated as very risky clients, even if they have long business history. I don’t have issues with stuff like Flat35, credit cards or “Jaccs”. Just, from my understanding, banks rarely want to work with sole proprietors.
1. If I was a director of GK, would that change anything?
2. I also assume that the “work history” would be considered from the day I am hired by the GK and the years of being a sole proprietor would not be counted in, from banks perspective. Is that correct assumption?
2. Let’s say I, as a sole proprietor, create an Online Service that starts earning money.
1. How does the Online Service “transfer” works when I open a GK?
2. Am I taxed as Sole Proprietor for the income generated by the Online Service up until the day I opened GK, and once the Online Service belongs to GK, the taxation moves there?
3. Are there any negatives of starting the Online Service as a sole proprietor and move to GK once the service becomes profitable?
Thanks in advance!
EDIT: Fixed formatting
by Odd-Kaleidoscope5081