Ground rules

The Mini-Entreprise programme gives pupils a great deal of freedom to let their creativity run wild, but there are a few rules to observe.

1. The mini-company is a school project and is subject to the rules that go with it. The students’ school management must therefore always be aware of the projects they are carrying out.
2. Students must not manufacture alcoholic or tobacco-based products.
3. A mini-company is not a “real” business, but it is subject to the same rules! Pupils must comply with the law at all times and ensure that their products/services pose no danger to people, animals or the environment. Students are therefore not allowed to manufacture products for which a normal company would need special authorisation!
4. Any business, large or small, needs a certain amount of capital to get off the ground. Mini-enterprises are mainly financed by investors who believe in the abilities of future entrepreneurs. Please read the “Financing a mini-business” section to find out what is permitted!
5. Each mini-entrepreneur must pay a registration fee of €5 (for participation in events, training, etc.). The registration fee can be taken in whole or in part from the capital of the mini-enterprise and booked as start-up costs.
6. A mini-company is not authorised to charge VAT to a customer (it does not have a VAT identification number). Therefore, any invoice issued must be presented without any mention of VAT.
7. The turnover of a mini-business must never exceed €35,000. Why must this be the case? As soon as it crosses this threshold, your company becomes liable to tax. If the mini-company finds itself in this situation, it should contact Jonk Entrepreneuren Luxembourg as soon as possible.
8. If the mini-company has made a profit at the end of the year, it pays 5% income tax to Jonk Entrepreneuren Luxembourg.