The Micro-Enterprises Act, 649: Difference between revisions
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Revision as of 22:55, 26 December 2022
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.
Proposed by Phil Kirk, MGA, TFF.