Self-employed advantages
Posted: Tue Jan 07, 2025 8:31 am
Now that we know the difficulties of being self-employed in Spain without prospects of a large income, we propose a simpler and more profitable legal alternative when launching your own business: becoming a member of a worker cooperative.
The cooperative is responsible for all the invoicing procedures, so you provide your client with their tax information, not yours. You only have to communicate the invoice amount to the association, which is responsible for collecting payment from the client and, once payment has been received, giving you a statement of income, deducting:
The cost of Social Security : you will pay lithuania phone data into the General Regime for the time you indicate as worked: hours, days, etc.
The IRPF retention , generally 2%.
Civil Liability Insurance (€1 per day of contributions) and Occupational Risk Certificate (1% of the total amount), in case you do not have them.
Management costs (between 4 and 8%).
As you can see, with a cooperative you save yourself the tax obligations of self-employed workers. In addition, in the months that you do not invoice, you do not pay social security or commissions.
The only requirement to join these associations is to pay a small entry fee , which in most cases is fully refunded when you leave.
Some of the best-known cooperatives in Spain are: Freeautónomos ; SBP-CA (for journalists); or SMartIb (for artistic and cultural projects).
After learning this information, you are better prepared to make a decision about your future. Good luck!
The cooperative is responsible for all the invoicing procedures, so you provide your client with their tax information, not yours. You only have to communicate the invoice amount to the association, which is responsible for collecting payment from the client and, once payment has been received, giving you a statement of income, deducting:
The cost of Social Security : you will pay lithuania phone data into the General Regime for the time you indicate as worked: hours, days, etc.
The IRPF retention , generally 2%.
Civil Liability Insurance (€1 per day of contributions) and Occupational Risk Certificate (1% of the total amount), in case you do not have them.
Management costs (between 4 and 8%).
As you can see, with a cooperative you save yourself the tax obligations of self-employed workers. In addition, in the months that you do not invoice, you do not pay social security or commissions.
The only requirement to join these associations is to pay a small entry fee , which in most cases is fully refunded when you leave.
Some of the best-known cooperatives in Spain are: Freeautónomos ; SBP-CA (for journalists); or SMartIb (for artistic and cultural projects).
After learning this information, you are better prepared to make a decision about your future. Good luck!