The Self-employed Worker In Spain

There are baically two types of self employed workers in Spain who are also called autonomous workers. The very first and more prevalent is the worker carrying out a specialist activity, good examples are freelance teachers, translators, interpreters, journalists and so on. The 2nd carries out an entrepreneurial or even business activity, e.g. bar owners, shop owners but not through a limited company or similar.



It's beneficial to understand the distinction in between an autonomous worker performing a business activity and a limited company. Probably the most essential legal distinction between both is that the liability of the autonomous worker will be limitless and his/her personal possessions might be taken and to auctioned as collateral or repayment of outstanding financial obligations. This is not the situation with a limited company exactly where, as the name suggests, the legal responsibility is actually limited to the amount of money committed to that business in the form of start up finance. For this reason, it is very often preferable to set up a limited company.

How to become self employed

1. In the case of professional activities, the first thing to carry out is always to assure yourself that you're in possession of the mandatory qualifications needed to exercise your activity in Spain. Numerous professions have still not been subject to regulation and so require no particular professional qualifications.
2. Pick the most appropriate activity code to register under within the tax division.
3. Register in the tax office using the 037 application form. The form basically outlines your continuous tax obligations so it is important to complete it correctly.
4. Register as an autonomous worker within your social security office. An autonomous worker is actually obliged to fulfil his own social security obligations. These amount to roughly 250Euros per month. You should remember that this quota should end up being paid before the last day of the corresponding month otherwise a surcharge of 20% will be applied to the exact amount.
5. If you're going to function out of business premises, they must possess the essential municipal licence. Frequently, the premises will already be licensed below a certain activity and this kind of licence will end up being ceded to you through the owner or perhaps last tenant. If this isn't the truth, you will have to make an application for the necessary license. The license will only end up being authorized in the event that the premises conform to the municipal requirements for that given exercise.

Obligations.

The independent worker has continuing accounting along with tax obligations that must be completed periodically (usually every 3 months). The precise nature of these kinds of obligations will depend upon a number of factors including the tax system to which he/she has registered.

Generally speaking nonetheless, these types of obligations consist of maintaining sales and purchase records in addition to capital goods registers as well as to present three-monthly personal income tax along with VAT declarations.

If you want to find out more you could check out this article.