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Yes, in Belgium and most of the EU, you can earn small amounts legally. You can do this through a “side income” or hobby income model without having to register
by Uzmanali 1y ago
Yes, in Belgium and most of the EU, you can earn small amounts legally. You can do this through a “side income” or hobby income model without having to register a business right away.
Like that, use platforms like Ko-fi, Gumroad, or Buy Me a Coffee, which handle payments and taxes partially.
If your income stays below a certain limit of about €6,000 a year in Belgium through the deeleconomie scheme, you could get tax benefits. And you won’t need full business registration.
- barrenko 1y agoThank you for the reply (and everyone else)! Is there a sort of a guarantee that below that threshold I won't get a random inquiry from the tax office, or is that always a possibility? I carry that sort of fear from southern EU.
- carlosjobim 1y ago> Like that, use platforms like Ko-fi, Gumroad, or Buy Me a Coffee, which handle payments and taxes partially. Or just old fashioned bank invoices to begin with, until it has enough revenue to motivate card payments. It is easy to incorporate a business, costs very little, and then you can use pro payment platforms like Stripe.
- barrenko 1y agoStill way too much to test an idea or a product.