1 .- Question of Responsibility
Your personal assets being compromised by a personal tragedy is reason enough to constitute a society. “The best way not to jeopardize your future and your family. By forming a partnership, you limit your liability to capital contribution (SL) or shareholdings (SA).
2 .- To Reduce the Tax Burden
The tax burden on a freelancer can reach the top marginal rate of 43% compared to 20-25% corporation tax. This explains the high tax burden of the self is the progressive nature of income tax, which in practice can add to the revenue generated by independent professional activity as capital gains from the sale or lease of a building or from family equity investments.
“As a company, the tax ceiling is set by the corporate tax, more tax breaks, and you have the advantage of putting on a salary
To quantify this threshold accurately enough to compare the net return or benefit as income and taxed in corporation tax.
3 .- When Size Matters
If you move into a highly concentrated sector or looking to become a supplier to large companies, you are forced to appoint you as a company, since multinationals only outsourced to companies. This allows them to apply business information to assess their capabilities, reliability and ensuring a supply for a period of time.
4 .- If you have to hire employees, as business deductions on accounts with Corporation Tax
And what to do with employees who already have contracted? “You can keep the template through the surrogacy business, a formula that allows them to maintain their rights and obligations as required by Article 44 of the Revised Text of the Statute of Workers. It must be noted that if the company starts with a different active that of a freelancer, then you need to negotiate the termination of contracts with employees and writing new ones.
5 .- The Value of the Image
“Even in this country has poor self-image with its suppliers. It is associated with tentativeness and lack of professionalism,” said David Carrion. If this is your case, and that barrier is a burden that hampers your balance and entrepreneurial spirit, it’s time to take the leap. “For customers, be SL or SA has much more punch, especially when it comes to large companies and banks. In addition, it also enhances the bargaining power,” says George Thomas.
6 .- The Pull of the Customer
Surely as a freelancer you have noticed that sometimes your clients are forced to hire others to complete the services you provide. It’s when you realize that you need to offer a complete service.
7 .- If you are independent and objective assessment modules cotizas … you have no choice
After the last reform of personal income tax returns received integrity of the self to modules can not exceed 450,000 euros per year (300,000 euros in the case of agriculture and livestock). From this volume, one is forced to move to direct estimation regime and set up a society.
8 .- To grow, Expand Services and Diversify Risk
In these times, we should not put all your eggs in one basket. The recommendation is to diversify risk. How? Sure if you look at your core business around him find other activities that can turn into business opportunities. Identify them, analyzes their market potential, synergies with the core business and your business structure. And the leap.
9 .- Entrepreneurial Spirit
It takes some time as a freelancer and you feel that now is the time to pluck the daisy, a decision that will change the course of your professional life … and personal: to mount your own company. Commitment is a result of reflection. Is quite clear: you mature and grow as an entrepreneur, and “without doubt the best entrepreneurial spirit is channeled through companies”
10.-Partners for Input
If freelancer decided to turn your employees into partners, get business, “and preferably a limited partnership in which each is responsible for providing the capital,” says George Thomas. You can avoid headaches in the event of any irreconcilable differences and limits liability to third parties. In these cases, “the goods are not taxed as an independent company to transfer it to, if you opt for the tax treatment of cash contributions (assuming no added value), which would be reflected in the very constitution of society”, recommends Jordi Tomás. That kind contribution would be part of social capital. That’s it. It is important to notify the tax authorities to opt for this mode (taxation of non-monetary) and record in writing the assets of your business as an independent company that pass.
11 .- If you’re into Contests
Being firm is a precondition for access to public tenders and bids, and one reason alone justifies the leap. But, eye, public tenders are demanding. In addition to legal form, analyze your creditworthiness, the consolidation of the activity and have a healthy balance sheet.
12 .- SOS: I need Funding!
Most banks and include self-employed in the particular segment, so that the supply of financial products has little to do with your needs. And even the paradox is that you get more loans as particular as a freelancer. If you are in business, you can more easily get a loan to fund working capital.