Comparison between self-employment under an individual activity certificate and self-employment under a business license

 

Self-employment under an individual activity certificate

Self-employment under a business license

Getting started

From the date of application (REG812)

No later than within 4 working days from the date of application

Activities available

Any activities not prohibited by law may be pursued, except for activities that can only be carried out under an employment contract, or under the establishment of a company

Limited to certain activities listed in the classification of business licenses

Duration

Indefinitely

The duration is specified in the application (the maximum duration is 1 calendar year, the minimum duration for trading activities is 1 year, the minimum duration for service and manufacture activities is 5 days), business licenses may be renewed

Taxes

15 proc. – cedit

Compulsory health insurance (CHI) and state social insurance (SSI) contribution payments are administered by Sodra

Fixed, calculated per day

Compulsory health insurance (CHI) and state social insurance (SSI) contribution payments are administered by Sodra

Main restrictions

Any activities not prohibited by law may be pursued, except for activities that can only be carried out under the establishment of a company

  • The maximum amount of income to be generated per year is EUR 45,000
  • Services cannot be provided to companies with overlapping activities 
  • A maximum of EUR 4,500 can be received from companies that do not carry out activities similar to those listed in the business license
  • A maximum of EUR 4,500 per year can be received from companies and/or other residents engaged in individual trading activities, when operating under a trade business license 

Persons eligible

  • Residents who have registered self-employment
  • Employed persons
  • Persons providing services under a service contract
  • Several persons who have entered into a joint activity/partnership agreement

Residents who have acquired a business license, and only one of the following family members: spouse, father, mother, child aged 14 and over, ward, caregiver (guardian)

Accounting

Starter pack (accounting documents)

Starter pack (accounting documents)

Termination

Terminated upon request

Terminated upon request