The Micro-Enterprises Act, 649

An act on the protection of micro-enterprises.

Passed ddmmmyyyy with # Aye, # Nay, # Abstain.

Article 1 - Definition

 * 1.1 - As micro-businesses we define companies that do not exceed 3500 florins in profit per month.

Article 2 - Privileges

 * 2.1 - Micro-enterprises can operate anywhere, as long as its owner has given its consent.
 * 2.2 - Micro-businesses are exempt from paying income tax and all other business related fees, with the exception of the business fee of 1,500 florins per year.
 * 2.3 - A micro-enterprise can be run by a person who has reached the age of 15.

Article 3 - Restrictions

 * 3.1 - One person may run a maximum of 2 micro-enterprises.
 * 3.2 - Only the income of a micro-business is exempt from any fees. If the owner of such a micro-business decides to pay himself a salary, it will be taxed in accordance with the law already in force.

Proposed by Phil Kirk, MGA, TFF.