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Personal Income Tax: New conditions now apply for eligibility to enter and exit the fixed business expenses scheme, changes in the corresponding tax brackets, and a newly introduced insurance condition.
A business, or a company, is a legal entity (structure) defined by law. All companies are legal persons and liable for corporate income tax. Companies are structured based on liability. In a partnership, all or some partners are personally liable. In a company limited by shares, the company members or shareholders are not personally liable. All companies can be found by natural or legal persons (another company), domestic or foreign. A partnership is founded by at least two founders. A company limited by shares can be founded by one founder. An exception is a partnership limited by shares.
As a sole trader from the day of registration, you have operational expenses. Each month, quarter, or year (time period) for the previous month, quarter, or year (time period). Firstly, you need to register online on eTax. Business administration is done only online, in electronic form. Secondly, you are liable to pay a personal income tax. Thirdly, you are liable to pay monthly contributions for the social security.

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