An individual carries out commercial activity   Question: Hello! As a natural person not engaged in commercial activity, I registered for VAT. The reason for this is the purchase and installation of a photovoltaic system on my own real estate, with which to sell electricity to an electricity distribution company. I received invoices for ...

Earnings from shares   Question: Hello! I want to buy shares in an online platform and I am aware that the profit must be reported to the NRA. My question is: since I want to invest in the long run, when the price of the shares rises, without selling them and making a profit, am I obliged to declare this price increase and to be ...

Online fitness trainer   Question: Hello! I want to start a business for an online fitness trainer. What kind of company should I make and how should I proceed? Thanks in advance!   Answer: Hello, In your case, the most suitable options to develop the activity described by you are two - to register a Single Limited ...

Construction and sale of a house - taxes   Question: Hello! I would like to ask what would be the resulting tax liabilities for an individual who plans to build and sell a house in a commercial way (without a subcontractor) in his own land? What advantages / disadvantages would the person have if he carries out the activity through ...

Declaring a company bankrupt   Question: Hello! How can I declare a company bankrupt - it's about EOOD, what is the term? And since when does the bankruptcy of the company start? Thanks in advance!   Answer: Hello, Generally speaking, the insolvency proceedings are as follows: You or your creditor must file for ...

Premises for rent - taxes   Question: Hello! I have a room that I plan to rent for cosmetic procedures. Since I'm not familiar, I wonder if I have to pay any income taxes? Thanks in advance!   Answer: Hello, You owe 10% income tax, and 10% of legally recognized expenses are recognized on the rent itself. If you ...