Becoming self-employed unfortunately comes with some costs. First of all, there is a small fee you have to pay to register with the Crossroads Bank of Enterprises and to receive your VAT number.
Please note that this article provides general guidance only. Tax rules may vary depending on your individual situation. When in doubt, ask your Tax Coach.
As a self-employed professional, you are also legally bound to pay taxes on your income once a year and to pay social contributions once every quarter. For more information about this, check out this blog post we wrote.
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