Recent content by mmlimb

Thanks for the valuable explanation! If trading as an individual - is it necessary to register as a sole trader before you start? Or do you declare social fees like taxes once a year within the income tax declaration?

I consider myself an investor, a private person, but not a professional trader. With let's say 2 sales transactions per year and no other income - is there the risk that Cyprus' tax office may deem me being professional + liable to pay social fees?

It would be interesting to get the criteria the tax office / courts apply to evaluate if sb is private or business. In Bulgaria, for example, everything above 2 trades anually seems being considered business. Rather simple, but although many accountants don't know.