Should persons register self-employment when letting property
Should persons register self-employment when letting property
Immovable property rental is not classified as self-employment, and does not require registration.
If the letting of property is of occasional nature, then there is no obligation to register self-employment. If the letting of property has elements of continuity or seeking economic gain, then the obligation to register self-employment arises. To determine whether letting of property meets the above elements of self-employment, the following are taken into account: continuity, repetition, intention to enter into more commercial transactions of a similar nature, motivation to generate income or other economic benefits.