When starting a business, it is easier to adopt the legal form of a self-employed person, but in the medium or long term it is usually more convenient to become a limited company. When the turnover exceeds 40,000 euros, the tax burden is high, which, together with the difficulties in finding financing and the obstacles to working with large companies, make it more advisable to change from self-employed to a limited company.
A limited company (SL) provides a more professional image and opens the door to larger contracts , as large companies feel more secure when they can request business information jordan mobile phone number data that allows them to assess your capabilities and solvency. Changing from self-employed to a limited company will also improve your negotiating ability with other companies and banks.
What procedures do I need to follow to change from self-employed to limited company?
1. Request withdrawal from the Special Regime for Self-Employed Workers.
As a self-employed person, you must be registered with the RETA, so you will have to deregister. Since the deregistration takes effect from the first day of the month following the application, it is recommended that you register as the administrator of the company as soon as you apply for it. This way you will not lose Social Security coverage.
2. Request a negative certification of corporate name
Through the Central Commercial Registry website to prove that your company name is unique.
3. Deposit the share capital.
Open a bank account in the name of the SL and deposit 3,000 euros.
4. Sign the articles of incorporation.
Go to the notary to formalize the SL, bringing the previously drafted statutes, which you can write yourself based on this model .
5. Request the NIF.
First, you will be given a provisional NIF, and the final one will arrive within six months from the moment you present the SL's incorporation deed. To obtain the NIF, you only have to follow these steps at the Tax Agency .
6. Register the company in the Commercial Registry.
In order for the limited company to have legal powers, you must register it in the Commercial Registry office of the province where it is domiciled.