Good morning dear reader,
Today we will face a complex topic and increasingly wrought in the various social groups.
Unfortunately lately, on the various groups present in the archipelago Canario, We read of countrymen, in search of fortune, both for work as an employee, We are looking for luck as a standalone or better as an entrepreneur.
Today we will talk about how to be SELF in the canary islands, anyway if you need advice for opening a holding price Archipelago Canario click on whatsapp Service
We assume that the Canarian archipelago consists of exactly 8 islands that are described in order to do a bit of clarity to those people who are still convinced to go in the Canary like a single island.
We make a very important and necessary prerequisite, enjoy broadcasts may be indicative, It can be a beginning of knowledge, but remember that, an island has its own rhythms with the accompanying merits and defects, that only by living them in person may make in taking a just and conscientious choice.
The first step is the N.I.E and on this we recommend to drive to their place of interest police for documentation concerning, remember that you can go directly to you, without the backing of people who often 30 minutes of presence, into believing that without the Spanish language you can not do anything, They bleed figures ranging from 200 to 300 euro, when a No It has a cost of € 10,50 tax, in any case if he ever chose to lean on people outside to get help, make sure you do all from your accountant who will perform your registration as an independent.
In fact, the accountant will serve mandatory to perform all the duties attached to the registration of your company, In this case, if you need an accountant you can communicate directly with the free service whatsapp
But let's talk about costs
COSTS LINKED TO THE FIRST YEAR OF ACTIVITY’
( FLAT RATE )
At one time there were three tax brackets on the social Security ( Our Italian INPS ), for a total of 18 months, on which every six months burdened different types of costs, Now the echelons have become two, but rather than being divided into semi-bands have been grouped in two bands from compounds 1 12th month , from the 13th to 24th month, therefore the benefits from 18 months are spent 24 months by encouraging the opening of new companies exponentially.
A stand-alone in the first year will have to pay for Social Security ( nostro I.N.P.S ) circa € 65 MONTHLY, of course we stress that this figure is linked to the type of activity, the risks linked to it,at age etc.. etc., to speak, a computer programmer certainly pay less than a bricklayer who works in scaffolding, because surely the first category is less likely to suffer a work accident than the second.
It 'good to make sure you always have the money to the bank account for the payment of the aforementioned fee, remember that the levy is automated by the Spanish Government, since if not paid, the Spanish Government will make you pay the fee no longer facilitated the 65 EUR but that at full price, or around 280,00 € , We specify only for the month you paid, after which in the following months, You continue to pay the reduced fee.
CAUTION: If many people think that the Italian government is dishonest, just because you put your hands in your checking account, Instead, you must know that the Spanish government has MANY years running the collection of quotas owed to him, and in one way or another are certain that he will take what is his due.
COSTS LINKED TO THE SECOND YEAR OF ACTIVITY’
Once the period from 1st to 12th month, It will move to the slightly higher rate , circa 150,00 euro, obviously this also always linked to the type of activity and the risk associated with it, while remaining valid if you do not pay the month, Spanish state will apply the full fee ( circa 280 euro ) for the missing month.
What happens after the 24th month of activity ?
Simply nothing happens particularly after the 24th month of activity, except that the concessions on the cost of the social Security end and did you enter the full rate, ie approximately 300,00 € monthly, obviously also this rate is always linked to the type of activity and risk associated.
THE ATTENTION SOCIAL SECURITY NOT INCREASE IN PROPORTION TO THE FACT SALES
A DIFFERENCE OF ITALY THAT EACH HAS ITS SCAGLIONE INCREASES disproportionate
What are the models related to the Spanish tax system ?
The models related to the Spanish tax system in this case are to be divided into:
TAXES FOR GOVERNMENT CANARIO
TAXES FOR THE SPANISH GOVERNMENT ( State )
TAXES FOR GOVERNMENT CANARIO
Template 420 fees payable to hacienda canaria, I.G.I.C. ( indirect general tax Canary ) our Italian I.V.A .
When a stand-alone run an invoice, any tax will add 6,5% tax , eg a fee is € 100,00 the total should be 100,00 € + 6,5%
NB: They are exempt from this tax all persons who:
- In the previous year they had a turnover of less than 30 thousand €
- All autonomous in the first year of opening.
TAXES FOR THE SPANISH GOVERNMENT
Template 115 ( fees payable to be paid Gobierno de Espana )
This tax is dedicated to all those who lease a commercial space .
Here's an example:
Mr.. Jose rents from society Wtr a room for 1000 € per month, well, Mr.. Jose, in addition to having to pay each month 1000 € the renting company ( wtr ) , You must take into account to pay 19% sopra i state finances 1000 euro , Therefore, let us remember that the rent in this case is no longer EUR 1000 but instead 1190,00 € .
Always ask the owner of the walls, before signing the contract, if the rental price is inclusive of RETENTION or NO.
If it is not included retention, the contract will be EUR 1000 € with the specification above this amount the tenant must pay the 19% ad Hacienda, for so the rent to be calculated is € 1190,00.
If including retention, the contract will mark which is € 1000,00 with specific ” including retention” from which the accountant will outsource the 19% which obviously will pay to Hacienda,for so the rent is € 1000,00 and not of 1190,00, particularly of no small importance.
Template 130 ( tasse gives you repay Government of Spain )
To explain this in a simple model, I will illustrate this photo, that best sums up the concept
Let us always as Mr.. Jose, that at the end of the year had a benefit of € 800,00 see picture, It will through the model 130 pay over the Gain 20% taxes, in this case € 160,00
WE TALK OF R.I.C
We'll talk now of R.I.C, ie the ability of autonomic to reinvest part of its revenues in the company, rather than in taxes.
We will try to be as clear as possible, in order that you can understand what are the advantages and disadvantages of such a possibility, starting from this photo Representative.
Mr.. Jose in the year 2018 It is found to have had a gain of € 80.000,00, on which the tax return, that usually occurs from late April to late June, but times have never consistent, must pay the 20% taxes, ie € 16.000,00, Here you now have two possibilities
- PAY THE TAXES 20% ABOUT PROFITS
- PARTICIPATE IN R.I.C
If you decide to participate in the R.I.C you need to communicate it to the accountant who will its forthcoming this .
After that we will take your sales and divide into two bands as in the picture
Very well, as can be seen from the graph you will notice that we have two bands that percentages refer to the percentage of the initial turnover of € 80.000,00
one of 72.000,00 € ( 90%)
one of 8000,00 € ( 10% )
on which whether to participate R.I.C. the state will ask you to pay as follows:
On the 10% turnover ( in this case € 8000.00 ) It will apply the standard rate of 20% that is 1600,00
Sui 72.000 € , or the 90% turnover, Spanish State will demand’ payment equal to 10% on the percentage of 20% normally payable, in this case on 72.000,00 ( see image )
summing up, Mr.. Jose would have to pay not participating in the R.I.C on turnover of 80.000,00 euro 16.000,00 € taxes , while participating in the R.I.C. It is to pay only € 3040.00 , saving € 12.960,00 .
1) As we all know, each state of the world, if you get a part to, the other is always ready to take off, But in this case the state of Spanish offers you this opportunity by participating in the R.I.C, To reinvest 90% of your revenues, in this case 72.000,00, in assets for the company, government bonds, etc. etc, obviously all on the ground Canario and the obligation not to sell or divest them for at least 5 years.
2) The R.I.C is for exclusive use in the territory of the Canarian Government and not in Spain .
HOW LONG I HAVE to reinvest MONEY RECEIVED ?
The 90% turnover ( in this case 72.000,00 ) THE TAXPAYER has time 3 years to use, of course it goes without saying that if it is not used, besides paying us taxes due there will be additional sanctions .
AVERAGE COSTS FOR AN ACCOUNTANT
The cost of a monthly bookkeeping, can range from many aspects, in fact being quite as simple as autonomously keep farm accounts, Many entrepreneurs try as much as possible for yourself, except for the mandatory things, tax return, various inscriptions etc. etc. , in each case by an average accounting prices vary from 70 € per month, up to 120\130 monthly, obviously the cost varies by the number of bills performed and the number of employees in charge of the company.
CAUTION: Many accountants, play the card that you do not know the language and try to draw some of the highest rates.
If you want a tip for a good accountant in the Canary Islands click here
This is a demonstration article and tried to be as clear as possible, obviously, for more information please contact a professional accountant, if so whether you need advice to find one please do not hesitate to enter the service whatsapp
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Thanks for reading !