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Disadvantages of becoming self-employed

Posted: Tue Jan 07, 2025 8:31 am
by ayeshshiddika11
fee (53.39€).

Second semester: 134.06 euros for a 50% reduction in the fee.

Third semester: 186.25 euros, for a 30% reduction in the fee.

Once the benefits have ended, the minimum monthly fee will be 267.04 euros.

Bonuses: women under 35 and men under 30 will benefit from a reduction in the common contingency fee and a 30% bonus on their contributions for two and a half years from the date of registration. The minimum fee will be 185.10 euros per month.
This aid is incompatible with the flat rate, you have to choose one or the other.

In the case of young people under 35 years of age with a recognised degree of disability equal to or greater than 33%, the 80% reduction will apply during the first twelve months lithuania phone data from the date of registration and, afterwards, the 50% bonus will be maintained for a maximum of five years.

After learning about the aid and subsidies that young people have access to in order to become self-employed, it is time to discuss the two main disadvantages of this alternative for the future.



The minimum Social Security contribution is independent of the level of income and the time spent working. In other words, the law does not distinguish between someone who spends 40 hours a week on his business and someone who gives private lessons at an academy three afternoons a week, nor does it differentiate between someone who earns 10,000 euros and someone who earns 500.
Every three months you must declare VAT and personal income tax , regardless of whether the invoices have been collected or not.