Comparison of individual activity under an individual activity certificate and under a business certificate

 

Individual activity under an individual activity certificate

Individual activity under a business certificate 

How quickly can be started to be carried out

Can be started to be carried out from the date of submission of the correctly completed application (REG812)

It is issued no later than within 4 working days

Activities than can be carried out

Any activity not prohibited by law can be carried out, except for activities which can be carried out only after the conclusion of an employment contract or after starting up a company.

Information on the necessary authorisations or requirements for your activities can be found on the website of the Innovation Agency.

Limited list of activities

Information on the necessary authorisations or requirements for your activities can be found on the website of the Innovation Agency.

Duration

Indefinitely

The duration is specified in the application (the maximum duration is 1 calendar year; the minimum duration: 1 day for trading, 5 selected days for services and manufacture). A business certificate can be extended.

Taxes

Compulsory Health Insurance (CHI) contributions and State Social Insurance (SSI) contributions are administered by Sodra

 

Flat-rate tax, calculated for the days

Compulsory Health Insurance (CHI) contributions and State Social Insurance (SSI) contributions are administered by Sodra

Basic restrictions

All activities are possible, except for those activities that require to start up a company
  • to receive income not exceeding 45,000 EUR per year;
  • services cannot be provided and goods cannot be sold to a company when activities overlap;
  • an amount not exceeding 4,500 EUR can be received from companies that do not carry out activity analogous to that specified in a business certificate;
  • after acquiring a trade business certificate, an amount not exceeding 4,500 EUR per year can be received from companies and / or other residents who are engaged in individual activity.

     

Persons who may participate in the activity

Resident having registered the activity;

Employed persons;

Persons providing services under a service contract;

Several persons having entered into a joint activity (partnership) agreement

A resident who has acquired a business certificate and only one of the following family members: spouse, father, mother, child from 14 years of age, care recipient, caregiver (guardian).

Accounting

‘Package of the beginner’ (accounting documents)

‘Package of the beginner’ (accounting documents)

Termination

Terminated upon request

Terminated upon request