Hello,
If any of you could offer advice in the following scenario it would be much appreciated.
I have been approached with a job opportunity in Spain as a freelancer on a 6th month contract. I have absolutely no idea where to start. Concerns centre around tax, N.I.E issues and spainish residency issues. Also I am unaware what expenses I could claim.
THE BIG QUESTION: Should I use an umbrella company status or go for Limited status? Has anyone got any advice? I have an inclination that the limited route is financially more beneficial, but alot of paper work.
What I know, or at least I think I know: -
If the contract is less than 6 months my umbrella/limited company can be based in the UK and directly invoice the client. If less than 6 months I do not have to contribute towards the Spainish tax/National insurance system because I am paying it in the uk.
Would you go for the limited company option? or umbrella?
I would have to relocate to spain and consequently pay rent over there + living expenses out of my own pocket.
Many Thanks
Tim
If any of you could offer advice in the following scenario it would be much appreciated.
I have been approached with a job opportunity in Spain as a freelancer on a 6th month contract. I have absolutely no idea where to start. Concerns centre around tax, N.I.E issues and spainish residency issues. Also I am unaware what expenses I could claim.
THE BIG QUESTION: Should I use an umbrella company status or go for Limited status? Has anyone got any advice? I have an inclination that the limited route is financially more beneficial, but alot of paper work.
What I know, or at least I think I know: -
If the contract is less than 6 months my umbrella/limited company can be based in the UK and directly invoice the client. If less than 6 months I do not have to contribute towards the Spainish tax/National insurance system because I am paying it in the uk.
Would you go for the limited company option? or umbrella?
I would have to relocate to spain and consequently pay rent over there + living expenses out of my own pocket.
Many Thanks
Tim
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