Entrepreneur is an individual who does a commercial activity with the goal of gaining profit.
The registration of this type of commercial activity is the most frequent in areas of services and crafts.
An entrepreneur is allowed to do the activity only that he/she is registered for. For all the obligations which imply entrepreneur activities an individual is responsible with all of their property.
The advantage of this way of registration of commercial activity is because it presumes the lowest tax burden.
An entrepreneur is obliged to pay the pension insurance and the tax income of the individuals. The process of registration occurs in the Central register of legal entities.
The foreigners are also able to register for the entrepreneurs activity and they are obliged to obtain temporary work residence permit after having been registered.
