How much do I need to register a small business for?
Hey hey, so I'm supposed to do the mixing and mastering for a friend. It would cost about €400 once. Do I have to register a small business, or can he give it to me as a gift?
Hey hey, so I'm supposed to do the mixing and mastering for a friend. It would cost about €400 once. Do I have to register a small business, or can he give it to me as a gift?
It's about making you commercial, so with a profit plan.
If you sell something you don't need to "just like that" to an acquaintance then you don't have a profit intention. You didn't buy the part to sell it later and earn money. You just don't need it anymore and you want it to go. Otherwise, every private eBay sale would also be a business.
So, you just sell it because you don't need it anymore or. he wants to have it without aiming at economic profit: no business. You want to make a financial advantage and profit: business.
Industrial activity is also ongoing. If, as mentioned in the question, he makes this unique for a friend, he does not act commercially.
Yes, correct (and important) supplement. Thank you.
He can give you that.
Thank you very much:)
If you're doing business with it, you'll have to register a business.
What's that?
from the 1st Euro you deserve – winner's intention
not quite. It is also a property of a trade, so a one-off income is not a trade, but is taxable if the free limit exceeds 600€/year. 400€ so go clear and he can write a private bill.
a one-time intake
how to take he pays 400€ once for anything he takes and sells on his own account