3 ms·

I haven't and have yet to see any advantages to do so.

• slipwalker 7y ago
  me too. Is there any independent, yet reliable, source of valuable info about this ?
• pier25 7y ago
  It's fast and cheap. For example freelancers in Spain (called an "autónomo") have to pay the state about $300 USD every month regardless of how much money you make to be able to produce invoices and charge for your services. Of course there are also taxes when you do make money. Not sure about the percentage now but when I lived there it was about 40% of your profit.
  • aosaigh 7y ago
    The Spanish system absolutely boggled my mind when I lived there. I also remember the "retenciones" system where your client retains a percentage of your payment for the government to collect as upfront tax (like a secondary VAT for income tax). I always assumed the complexity and untrusting nature of the tax system drives a lot of people to evade taxes partially or completely.
    • pier25 7y ago
      AFAIK the "retenciones" tax is for employees, not when paying for a service/good and you receive an invoice from a freelancer or another company.