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Journal: The Journal CONTEMPORARY ECONOMY (Vol.1, No. 3)

Publication Date:

Authors : ;

Page : 137-148

Keywords : authorized natural person; independent; economic activity.;

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In the current socioeconomic situation in Romania, the best way of efficient functioning of a small business is the authorized natural person. The authorized natural person is a natural person who meets the conditions provided by law to carry out any form of economic activity permitted by law, using mainly its workforce. The economic activities provided by an authorized natural person may be carried out in all areas, trades, occupations or professions that law does not expressly prohibit for free initiative. The authorized natural person may conduct its activity according to the purpose for which it was established or may employ, as an employer, third parties with an individual employment contract concluded under the law. A person can cumulate the status of authorized natural person with that of employee of a third party that works both in the same field, and in another area of economic activity than that for which it is authorized. The authorized natural person shall not be considered an employee of third parties with whom they collaborate, even if collaboration is exclusive.

Last modified: 2018-02-13 22:00:00