The most common mistakes when registering as self-employed
And how to avoid them from day one.
In a nutshell
- The most expensive mistake is starting work before registering with Social Security.
- Other very common ones: choosing the wrong heading, missing out on the flat rate or not having invoicing software.
- Almost all of them are avoided by thinking about four things before registering.
Registering as self-employed isn't difficult, but some mistakes come up again and again. These are the most common and how to avoid them.
The mistakes
- 1Starting work before registeringSocial Security requires you to register before you start. If you're late, there may be surcharges and you may lose the flat rate.
- 2Not applying for the flat rateYou apply for it when registering. If you don't tick it, it's very hard to get it later.
- 3Choosing the wrong headingIt can change your VAT or whether your invoices carry withholding. Choose it by what you really do.
- 4Giving unrealistic incomeYour contribution is calculated on what you say you'll earn. If you underestimate, the following year you'll have to pay the difference.
- 5Forgetting the ROI if you sell or buy in EuropeWithout it, your European clients won't be able to invoice you without VAT.
- 6Not having TicketBAI invoicing softwareIn Bizkaia it's compulsory from your first invoice.
We help you avoid them. In our procedure we ask you all this step by step and explain each decision.
Frequently asked questions
What if I've already made a mistake?
Most mistakes can be fixed: the heading, the contribution base or the VAT scheme can be changed. The sooner, the better.