When is a business considered to have started?

A business activity is generally considered to have started when.

1. the undertaking has commenced actual production or economic activity, and
2. the company is entered in the Tax Administration’s register of taxable persons for VAT and in the register of pre-tax operations, or
3. when the company is registered in the Tax Administration’s register of employers

If you have been unemployed and have received unemployment benefit from the employees’ fund, your business activity is considered to have started (excluding the four-month entrepreneurial experiment) when your entitlement to unemployment benefit ceases, i.e. from the date of the employment policy statement issued by the employment authority.