The term “selbständig” is a German word that translates to “self-employed” or “independent” in English.
What is “selbständig”?
In Germany, “selbständig” refers to the status of individuals who run their own business or work independently, rather than being employed by someone else. This can include freelancers, entrepreneurs, and small business owners. Being “selbständig” is relevant in various contexts such as taxation, social security, and legal regulations specific to Germany.
More information about “selbständig”
Self-employed individuals in Germany must navigate various regulations and obligations, including registering their business, paying taxes, and securing appropriate insurance. They have the freedom to operate their business as they see fit but also bear the full responsibility for its success or failure.
Related to “selbständig”
Here are some additional terms that are related to “selbständig”:
- FreiberuflerFreiberufler, literally translated as "freelancer" in English, refers to self-employed professionals in Germany who offer specialized services based on their...: A freelancer or professional who offers their services without being bound by an employment contract.
- GewerbeGewerbe translates to "trade" or "business" in English. It refers to a self-employed commercial activity in Germany, encompassing a wide...: A trade or business that requires registration with the local trade office (Gewerbeamt).
- Existenzgründer: A founder or start-up entrepreneur who is in the process of establishing a new business.
- EinkommensteuerEinkommensteuer, literally translated as "income tax," is a tax levied on the income of individuals in Germany. It is a...: Income tax that self-employed individuals must pay on their earnings.
- Umsatzsteuer: Value-added tax (VAT) that businesses charge on goods and services.
Being “selbständig” in Germany means taking control of one’s professional destiny while adhering to the country’s business regulations and tax laws. It offers the opportunity for creativity and independence in one’s work life.