Self-Employed & Businesses

Under the new contribution-by-real-income system, the minimum monthly contribution starts at 230 €/month for earnings below 670 €/month. New self-employed workers can access the flat rate of 80 €/month for the first 12 months (extendable to 24 months in some cases). At Gestoría Gala we calculate your optimum contribution and apply the flat rate from day one.

You only need your ID card (DNI) or foreigner ID (NIE) and a bank account number. We choose the right activity code, prepare the registration with the Tax Agency (form 036 or 037) and with Social Security (form TA.0521). The whole process is completed 100% online in under 24 hours.

Form 303 is filed four times a year: April (Q1), July (Q2), October (Q3) and January of the following year (Q4). The annual summary (form 390) must also be filed in January. At Gestoría Gala we always file everything before the deadline, so you never have to remember a thing.

Under direct estimation you can deduct: Social Security contributions, rent for business premises or a proportional share of your home if you work from there (30% of utility costs), office supplies, advertising, business insurance, training, financial expenses, and 50% of justified business meal expenses.

It depends on your activity. Hauliers, sales representatives and similar professionals can deduct 100%. For other activities, the Tax Agency usually refuses deductions for vehicles used for both business and personal purposes. We advise you case by case to legally maximise your deductions without any risk.

The Tax Agency applies surcharges of 1% to 20% depending on the delay, plus late-payment interest. If there has been a prior request from the authorities, the penalties are much higher. With Gestoría Gala you'll never be late: we manage each client's tax calendar and file everything within the deadline.

Generally, once your net annual profits exceed 40,000-50,000 € a year, it can be more tax-efficient to be taxed as a company (Corporate Tax at 25%, or 15% in the first years) rather than as a self-employed worker under income tax. Limited liability and professional image also come into play. We offer you a free comparative study.