what is it and how is it managed?

What is a corporate self-employed person?

A corporate self-employed person is a person who has established a commercial company and who performs management or direction tasks within said company.

This figure is common in limited liability companies (LLC) or public limited companies (SA) where one or more of the partners work in the company and, in addition, have effective control over it. Read on to find out how to benefit from registering as a corporate self-employed person.

Differences between self-employed and corporate self-employed

The main difference between a self-employed person and a self-employed person in a company lies in the structure of the company.

Unlike a self-employed individual, a self-employed corporate owner manages his or her business under a corporate structure, which allows him or her to separate his or her personal assets from those of the company.

Furthermore, corporate self-employed workers have different tax  thailand email list and legal obligations, and their Social Security contributions are usually higher.

How to register as a corporate self-employed person?

To be considered a corporate freelancer, you must have at least 25% of the company’s the past, the present and the future of graphic design  share capital or 50% if you share management with immediate family members.

It is also necessary to carry out management and  sms To data leadership tasks within the company.

Select the appropriate corporate structure

The choice of corporate structure depends on several factors, including the size of the company, the number of partners and the type of economic activity that will be carried out with shares or interests.

Necessary documentation

To register as a self-employed person, you need to submit several documents, including:

• Deed of incorporation of the company
• Certificate of registration in the Commercial Registry
• DNI or NIE of the partners
• Tax Identification Number ( NIF ) of the company
• Registration in the Tax on Economic Activities (IAE).

Where and how to apply?

The application to register as a corporate self-employed person is submitted to the Tax Agency and to Social Security.

First, you must register the company in the Commercial Registry and obtain the NIF. Then, you must  register with the IAE and, finally, register with the Special Regime for Self-Employed Workers (RETA).

Legal and tax aspects of the corporate freelancer

The legal and tax aspects of corporate self-employment involve specific obligations in management, contributions and responsibilities within a company.

Tax obligations

VAT and personal income tax returns  :   self-employed corporate individuals must submit quarterly and annual VAT and personal income tax returns.

This involves keeping rigorous accounting records and meeting the deadlines established by the Tax Agency.

Can a corporate self-employed person access the flat rate?

The flat rate is a benefit that reduces the self-employed fee during the first years of activity.

However, corporate self-employed workers cannot benefit from the flat rate, as this is intended for self-employed individuals.

Social Security contributions

Self-employed workers must pay Social Security contributions, and their minimum contribution base is generally higher than that of self-employed individuals. This contribution includes both the corporate self-employed fee and the contributions corresponding to the personnel hired by the company.

Legal Responsibilities

In a commercial company, liability towards third parties is limited to the capital of the company.

However, the corporate self-employed person may also assume legal responsibilities arising from his actions as a company administrator.

Calculation of the salary of a corporate self-employed person

The salary of a corporate self-employed person is set based on the company’s actual income and the management or administration tasks performed.

Collection using invoice

You can choose to charge for your services by issuing invoices to the company, thus reflecting the income generated by your economic activities.

Receiving salary by payroll

Alternatively, the corporate self-employed person can receive his salary through a payroll, similar to any other employee.

Advantages and disadvantages of corporate self-employment

The advantages and disadvantages of corporate self-employment include flexibility in management, tax benefits and financial and administrative risks.