If you decide to work as a freelancer, it is crucial to proceed step by step.
Step 1: Preparation of necessary documents To declare a trade, an ID card and a criminal record extract are required. For citizens of the Slovak Republic, the district (trade) office in the position of a single contact point will request an extract from the criminal register on your behalf. Step 2: Submitting the application You can submit the application in person at the district office, department of trade business, in your place of residence. The provision of caregiving services falls under a free trade license. Trade name: Provision of personal services. Step 3: Fees The fee for establishment is 7 euros when submitted in person. Step 4: Issuance of authorization The trade licensing office will issue a certificate of trade authorization no later than three working days from the day you submit the application.
Step 5: Registration at the tax office After establishing a trade, you must register your trade at the tax office.
Step 6: Contributions and taxes in 2024 Health contributions In 2024, the amount of the minimum monthly advance payments to the health insurance company is 97.80 euros. For persons with disabilities, it is 48.90 euros. Since you only pay health insurance advances during the year, it is important to remember that your health insurance company issues a so-called after the end of the respective year. Annual settlement. The result may be that you have an underpayment or an overpayment. Old-age pensioners have the advantage that the state pays their health insurance. A retired pensioner does not have to pay monthly health insurance advances, but can choose any amount to pay (even 0 euros). However, he must take into account that the health insurance company will perform an annual settlement of health insurance, and if he had income from self-employment and did not pay any health insurance advances, the result will be an outstanding balance. Social contributions As a starting entrepreneur, you are not required to pay social contributions in the first year of your business. The amount of contributions a self-employed person pays to the Social Insurance Agency subsequently depends on the annual assessment base, which is determined from the submitted tax return for the previous calendar year. The obligation to pay contributions to the Social Insurance Agency arises for a self-employed person after submitting the first tax return, respectively. from 1. July of the calendar year following the calendar year in which the entrepreneur had an income from business higher than 12 times the minimum monthly assessment base. Income tax for a sole proprietor If you start a business in 2024, you will need to file your first tax return by the regular deadline at the end of March in 2025. I'm sorry, but it seems like there is no sentence in Step 7: Preparation for activity Income and Expense Record Book: During the provision of caregiving services, keep track of income and expenses necessary for tax purposes. Step 8: Insurance Consider obtaining liability insurance, which can be useful when working as a caregiver.