üksiküritajatest

Uksiküritaja is an Estonian term that translates to "sole proprietor" or "self-employed person." It refers to an individual who conducts business on their own behalf without forming a separate legal entity like a company. In essence, the individual and their business are one and the same from a legal and financial perspective.

To operate as an üksiküritaja, an individual typically needs to register their activity with the relevant Estonian authorities. This registration process is generally straightforward and less complex than establishing a limited company. The üksiküritaja is responsible for all aspects of the business, including its debts and obligations. This means that personal assets are not legally separated from business assets, and creditors can potentially claim the individual's personal property to satisfy business debts.

Uksiküritajad are responsible for their own tax obligations, which usually involve paying income tax on their profits and social security contributions. They manage their own bookkeeping and financial records. The advantage of this business structure lies in its simplicity and lower administrative burden, making it an attractive option for individuals starting small businesses or offering freelance services. However, the unlimited personal liability is a significant consideration.