How to become self-employed and what changes in the law will occur in 2023

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If you are an individual entrepreneur, have switched to self-employment while maintaining your individual entrepreneur status, but want to return to the tax regime of an individual entrepreneur, you need to:

Deregister as self-employed in your personal account.
Within 20 days, notify your tax office about returning to the simplified tax system, or submit an application for registration as a payer of a single tax on imputed income.
What happens if you limit yourself to just deregistration?
After 20 days, the individual entrepreneur will be lithuania telegram database considered to be on the general taxation regime. This is 13% personal income tax and 20% value added tax. The entrepreneur will be able to switch to the simplified taxation system or another more favorable form of taxation only at the beginning of the next calendar year.

You can register/deregister again and again if necessary, but there is an important nuance: the tax deduction in the form of a bonus is accrued only once.

What's the bottom line?
The expectations of those who followed the adoption of this law were generally justified: no headaches (“what if the tax office comes to me with claims”) and official status, which makes interaction with employers and, to some extent, life in general easier.