Hello,
I need some advise if anyone can help.
I have been living in Spain for about 3 years now and not working. The holiday is now over and I must work having nearly run out of money.
I am starting to work as a freelance graphic designer/digital publications creator from home. I will be working for clients in the USA and Europe including Spain.
I have an NIE, I applied for this when I arrived but have not needed it until now.
I don’t have the funds to start my own business at the moment which is why I class myself as a freelancer. I want to do this legally if at all possible rather than having to worry about taxes etc but also want to earn some money.
1. When and how will I need to pay taxes on the income I recieve? I do not expect to be earning much in the first year until client word of mouth and examples of my work spread.
2. Will I need to charge IVA to clients here in Spain, Europe and the US and will Spanish clients expect me to charge IVA even though technically I am not a company.
3. Social Security payments, are these necessary if I have private medical insurance? I have heard that the start rate is something like 200 euros - seems high if I am not earning much.
Any advise you can provide would be very helpful
Thanks in advance
A confused expat.