Repair of automobiles. How to Register

Repair of automobiles. How to Register

Question:

Hello,

I'm doing car repairs. How do I register so that everything I do is legal? I briefly explain: Can I remain a natural person and simply submit an income tax return under the conditions described below, or do I have to register a company?
I'm secured.
I perform a car repair service - just one car part of cars in certain years and a certain brand over a certain age. Payments are made via postal money transfer (courier) by courier. I see this as a hobby, but another is the question of how it is perceived by law.
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Answer:

Hello,

The only way to legally act as a natural person is to register as an ET or to register as a freelancer in the Bulstat Register.

The first we think is a "time out" form of business activity (with a greater degree of minus than other similar formations). The second option can only be done if you have a document (certificate, diploma or similar) that certifies your right to practice this "free" profession.

If you do not have such a document and you do not want to pursue an activity like an ET, we recommend that you proceed with the registration of a Limited Liability Company (LLC) to conduct business activities and keep up with the law.

Whichever of the above forms of economic activity you choose, you will need to make monthly prepayments as a self-insured person (besides the benefits under your employment contract) and at the end of the year depending on the formed annual insurance income if necessary.

We do not advise you to carry out your incognito activity because all courier companies submit to the NRA reports on the payments with pay-as-you-go payments and from there the NRA analyzes which are random transactions and through which tax-free business activities are carried out. From courier companies, you can refer to the movement of goods and the payments of your name, which will impose appropriate sanctions from the tax administration.

We hope we have been useful.

Best regards.




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