Learn about the formal obligations of the self-employed
Posted: Tue Dec 17, 2024 5:42 am
Once the self-employed professional has registered with the Treasury and Social Security, and has started his professional activity as a means of livelihood, he will have to comply with a series of formalities on a regular basis throughout his active working life.
Social Security Contribution
After all, that's what you signed up for. From that moment on, each month, you will be charged the corresponding fee for the Special Regime for Self-Employed Workers. This is calculated by applying 29.8% to the contribution base, which in 2014 is between €875.70 as the minimum base and €3,597 as the maximum base.
The vast majority of self-employed workers choose the minimum base, so the fee will normally be €261.83 . However, there are certain bonuses that can reduce it depending on your situation, so the fee would be one of these amounts:
For all new self-employed workers, except corporate local marketing email list ones, during the first 6 months, the fee to be paid will be €53.07
During the second half of activity from registration, the fee is €130.91
During the third semester from registration, the fee would be €183.28
Only for men under 30 and women under 35, the fee remains at €183.28 for one more year, that is, until 30 months after registration.
For each product or service you develop and for which you receive payment from a client, you must issue an invoice and send it to said client. This invoice must comply with certain structure and content requirements that we explain here.
This part has always been the Achilles heel of the self-employed professional's business, since the generation of invoices, their accounting and document management, added to the invoices received and the cash management, usually leads to a process with a high probability of error (we are working with numbers) and little visibility of the status of the business.
For quite some time, freelancers have relied on spreadsheets, records and the help of consultants and accountants, but cloud technology has brought a real revolution to this part of management in the business of freelancers and micro-enterprises with online invoicing tools.
With this type of application , the issuance and receipt of invoices is done quickly and in an orderly manner, and they are automatically recorded and reflected in the business's accounting. In addition, they usually present all the information on the status of the business 's accounts in a clear and visual manner, so that the professional has a representative image of how things are going.
Social Security Contribution
After all, that's what you signed up for. From that moment on, each month, you will be charged the corresponding fee for the Special Regime for Self-Employed Workers. This is calculated by applying 29.8% to the contribution base, which in 2014 is between €875.70 as the minimum base and €3,597 as the maximum base.
The vast majority of self-employed workers choose the minimum base, so the fee will normally be €261.83 . However, there are certain bonuses that can reduce it depending on your situation, so the fee would be one of these amounts:
For all new self-employed workers, except corporate local marketing email list ones, during the first 6 months, the fee to be paid will be €53.07
During the second half of activity from registration, the fee is €130.91
During the third semester from registration, the fee would be €183.28
Only for men under 30 and women under 35, the fee remains at €183.28 for one more year, that is, until 30 months after registration.
For each product or service you develop and for which you receive payment from a client, you must issue an invoice and send it to said client. This invoice must comply with certain structure and content requirements that we explain here.
This part has always been the Achilles heel of the self-employed professional's business, since the generation of invoices, their accounting and document management, added to the invoices received and the cash management, usually leads to a process with a high probability of error (we are working with numbers) and little visibility of the status of the business.
For quite some time, freelancers have relied on spreadsheets, records and the help of consultants and accountants, but cloud technology has brought a real revolution to this part of management in the business of freelancers and micro-enterprises with online invoicing tools.
With this type of application , the issuance and receipt of invoices is done quickly and in an orderly manner, and they are automatically recorded and reflected in the business's accounting. In addition, they usually present all the information on the status of the business 's accounts in a clear and visual manner, so that the professional has a representative image of how things are going.