The Micro-business Tax Act permits existing and newly-formed businesses to acquire micro-business status and register for MBT if they meet certain criteria. In general, MBT status provided for the option to pay MBT at the standard rate based on a micro-business’s revenue of up to EUR 40,000 which covered payroll taxes, business risk duties, and CIT. As of 1 January 2021 the extensive amendments have been introduced into MBT normative regulation.
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