Why start directly with SL (Limited Company) SL vs Self-Employed

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Marta Emerson

Published on Jul 23, 2024
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Read more details here that I don't explain in the video: In today's episode I give you 6 reasons why you should start a business in Spain by directly setting up a SL (Limited Company) instead of starting as a freelancer. Starting with a SL is a bit more expensive, it's true, but we must set it up with the mentality and plan of billing and being active. How much more expensive is it to start with a SL? Well, look, you'll need to set up the company and do all the paperwork, and you can hire managers to do EVERYTHING for you for €300 to €1000 (it depends on who you hire, but the cost range is around there. I paid a total of €500 with all expenses included when I set up my last SL in Spain a year and a half ago). Then the agency you need to handle your taxes will cost somewhat more, for example, if you are only self-employed, your agency cost may be between €50 and €150 per month (of course, if you are a self-employed person who has many invoices and a lot of complexity, you will pay much more). And the same person being a SL would pay between €150 and €300 per month for the agency service for the management of the SL and the corporate self-employed, as well as if you have a payroll, apart from your own. So yes, the cost of creating the SL has to be taken into account, as well as the cost of the agency. However, if you are really going to take the business seriously, these are costs that do not have to stop you from being able to have the advantages of the SL over the self-employed, which are quite a few. In the long run, of course you are interested in having a company (SL) but in many cases, the SL is a good option from the start. In the video I explain the most important reasons, and if you want me to go into more detail about any of them, just tell me in the comments. Also, in my trainings you will find all the details you need to start up, in an orderly and well explained way. It is the best resource. Important: do not register for anything, whether self-employed or a company, until you have things clear and you start to invoice enough. Do not start paying self-employed workers from day 1 of your activity if you do not already have clients and are just starting to invoice. ⭕ Join the daily Email with practical tips: https://elibes.com/consejos/ ???? Group Mentorships with me: https://elibes.com/comunidad/ ???? All our training courses to start a business: https://elibes.com/formaciones/ ???? ELIBES: Emerson Life and Business School: https://elibes.com Continuous training. Access now all my courses, question forums and access to group mentoring sessions by video conference, every week ????, so that I can be your mentor. I teach you how to build your brand, your service business, your audience, and sell on the Internet. ???? Topics in this episode: 00:00 Why start with SL 00:10 Reason 1 00:45 Reason 2 01:07 Reason 3 (high risk) 02:03 Reason 4 and 5 05:00 Reason 6 05:52 Reason 7 06:03 Reason 8 06:30 SL has more costs 08:25 Mentality of taking it seriously 09:08 Starting as a freelancer is a good option 10:21 Eliminate guilt - mentality ???? Recommended videos: *If you liked this video, don't hesitate to watch these others: ???? Finances as a couple from dating to marriage: • Video ???? Your bread to increase your income and authority: • ⭐ Your plan to increase INCOME and AU... ???? Money mentality: money tips for the middle class: • MONEY MINDSET for the MIDDLE CLASS Subscribe to the channel, tell me your doubts in the comments and I'll see you in the next one!! Marta Emerson https://www.martaemerson.com

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