When to start going the official way?

Tibu

Member
Mar 19, 2002
69
13
8
Hola,

I started with some pigs, then more, then some cattle, then more...

Still all transactions are done cash.

At what time should I start to register this as a business?
What are the advantages, what are the costs?
What do I have to expect to pay in taxes?
Which documents would I need?

Thank you

Tibu
 

bichondad

New member
Jan 19, 2002
83
0
0
OFFICIAL = LEGAL

Tibu,

The time to "go Official" is BEFORE you get caught being "Unofficial". :)

The rest of your questions I'll leave to those more informed on DR1