What is better: IE (individual entrepreneur) or company in Slovakia

A video series in which we compare the advantages and disadvantages of registering and working as a individual entrepreneur and a company in Slovakia.

In this video we talk about money and responsibility:

who owns the money in a company and in a individual entrepreneur?
what is the difference between the liability of a individual entrepreneur in Slovakia and a company owner?

In this video we talk about the income tax rate:
- what tax does a individual entrepreneur pay in Slovakia?
- what are the taxes for a company in Slovakia?

In this video we talk about the way of applying expenses: - the main difference in the way of accounting of expenses of a individual entrepreneur and a company in Slovakia. - when a individual entrepreneur in Slovakia will pay less tax than a Firm for the same income?

In this video we talk about possibilities and ways to reduce the tax base for IE and for Firm in Slovakia.

In this video we talk about the obligation to pay contributions to health and social insurance companies:

when is an individual entrepreneur obliged to pay medical contributions?
what is the amount of income at which a individual entrepreneur must pay social contributions?
what is the amount of health and social contributions for a Slovak individual entrepreneur person in 2024?
how is the amount of social and health contributions of a individual entrepreneur person calculated?
when is a company obliged to pay contributions to health and social insurance companies?

In this video we talk about the minimum tax (tax licence), which is back with a new name in 2024:

does an individual entrepreneur have to pay minimum tax?
when can an individual entrepreneur not file a tax return?
what is the amount of the minimum tax and what does it depend on?

Read more about the amount of minimum tax for Slovak companies in 2024 - Minimum tax for legal entities...