greecetools

BetaRules are awaiting expert review.See how we check the rules

Work and business

Sole trader business

In short

A business owned by one person, with no separate company.

In a sole trader business, the profits and losses are yours. There is no separate company between you and the work.

It is often the simplest way to start. But you are personally responsible for debts, with all your property.

If you want to compare with a company, look at the terms IKE and EPE.

Official source: Business Portal (gov.gr)

Tools that use this term

Sole trader or IKE: compare taxes and take-home01Sole trader or IKE: compare taxes and take-homeBusiness