Commercial activity

What is commercial activity?

Commercial activity is an open economic activity, performed by a merchant with the goal to get profit. A merchant - a merchant is a person, registered/recorded in the commercial register - can be an individual, sole trader, partnership and commercial company.
They are both legal and public activities so you can say they are open activities. Only the economic activity of a person who is registered in the commercial register and using the registered name - company name - can be a commercial activity. Merchant is doing business with his name and responsible for results of the commercial activities finances.

To start a commercial activity, you need:

You need to choose one of the available legal forms of business and register it in the commercial register what is called the Register of enterprises.
A merchant can define his main types of commercial activities during the registration commercial activity. He can also define them while registers tax authority or submit an annual return. A merchant can do any type of commercial activity that is not prohibited by law. Merchant must be registered as a taxpayer and must keep records in accordance with the legislation.