A small business owner is a business owner whose total net revenue does not exceed the following limits:

• No more than 25,000 euros in the past calendar year
• No more than 100,000 euros in the current calendar year.
• In the founding year, the only important thing is that the limit of 25,000 euros is not exceeded.
• The revenue that causes the respective limit to be exceeded is already subject to tax; revenue generated up to that point remains tax-free.

• 22,000 euros in the past calendar year and
• 50,000 euros in the current calendar year.

A small business owner is not allowed to include sales tax on his invoices. A small business owner cannot claim input tax deduction. However, he can waive the application of the small business regulation by declaring to the tax office and thus opting for standard taxation. The waiver is binding for 5 years.