Unregistered activity 2023. Here is the new income limit
Unregistered activity in 2023 is more favorable for people who would like to test running a business before they officially start a business, but also for those who want to earn extra money. From July this year the monthly revenue threshold has been significantly increased.
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The Act on the Law of Entrepreneurs states that the established company must be registered in CEIDG. In Article 5 of the same provision However, you can also find a provision about unregistered activity, also called unregistered or unregistered. The law specifies in detail the situations in which it may be carried out by a given person.
Unregistered activity 2023 – what is the revenue limit?
According to the legislator unregistered activity can be conducted if the monthly income from the activity does not exceed the limit, i.e. from July 1, 2023, 75%. the amount of the minimum wage applicable in a given year. This is due to the increase in the minimum wage. Due to the new monthly income limit, as from July 2023, the minimum salary is PLN 3,000. PLN 600, that’s it monthly income from unregistered activities cannot exceed PLN 2,000. PLN 700 gross.
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However, it is worth remembering that – as we read in the information on the website biznes.gov.pl – the condition for conducting unregistered business in 2023 is that we have not conducted any business activity in the last 60 months (5 years). As the legislator emphasizes, you can conduct unregistered activity, even if we have a registered company, but its operations have been suspended in the last 60 months.
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How we explain in our guide, the possibility of running an unregistered business is a great convenience for people who want to try their hand at running their own business without having to pay monthly contributions to the Social Insurance Institution (ZUS).. This type of company will work well in the case of sole proprietorships related to, for example, handicrafts or the provision of small services.
Advantages of unregistered business
Another advantage of running an unregistered business is the lack of obligation to keep complicated and detailed accounting documentation. However, it should be remembered that owners of small, unregistered companies must have up-to-date, simplified sales records.