Thinking about starting a business

If you are planning to buy a rental home, or you're thinking about what to do with one you have just acquired, this is the place for any questions about starting out in the rentals business.
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calin1967
Posts: 1
Joined: Wed Jul 20, 2005 1:52 pm
Location: Romania

Thinking about starting a business

Post by calin1967 »

Hi everybody.

I am just building a vacation house in the mountains and, reading this forum (and having in mind the never-ending costs of the building), I started wondering "What if I will try to earn money by renting it?"

I know that in order to offer touristic services you have to be agreed as an opperator and classified by the Minister of Tourism. Is this rental regarded like a tourism service or like a person to person rent? Will It be enough to register every contract to the tax office and declare the income? What if a guest will break a leg or gets hurt in the house? Will I be responsible?

Any help will be much appreciated, even though it will only be valid in your country.

Calin
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alexia s.
Posts: 870
Joined: Thu Dec 09, 2004 6:38 pm
Location: Provence
Contact:
Contact alexia s.

Post by alexia s. »

Calin,
There will be international accountants with offices in the big cities - they usually have booklets with advice on setting up business abroad & are happy to give these to anybody who telephones for one. You could try the British consulate (or/and the US one) - there will be somebody there who can answer your questions or direct you to the right local office.
Best,
Alexia.
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