I don’t want to be self-employed anymore. How do I stop working for myself?

Stop self employed

If you thought that working for yourself was not going to be easy, leaving your business will not be much different. The procedures and paperwork needed to become your own boss can be a nightmare, just like those of notifying the cease of self-employment. If you keep wondering how you can stop working for yourself, don’t worry. Leave all the complicated paperwork to a gestor administrativo and enjoy the new chapter of your career.

In order to communicate the change in your working life to the Administration, there are some requirements you need to meet:

  • Not having any debt with the Administration.
  • If you are self-employed and administrator of a company, you will need to justify the reasons for you leaving those charges.
  • If you have been self-employed for over a year, you will need to justify the economic reasons that will allow you to receive an unemployment

Once you meet the aforementioned requirements, you will be able to start the process of stopping being self-employed. You will need to contact both the tax office and the social security office. There are two options in this case. You can either hope the queues do not last a lifetime or notifying it online using your digital certificate.

But be careful with when you do this procedure! You should keep in mind that you will have to pay the fee of the month you’re applying for the cease, so you might want to do it at the end of the month or before it starts.

The procedure with the tax office is more complicated since you first need to pay all your taxes (yearly and quarterly taxes). This means that it might be better for you to start this procedure at the end of a quarter.

One question you might have after all of this paperwork is: can I receive unemployment benefits? It depends. If you were already benefiting from this aid but for less than the maximum period, you can reapply in a period of five years after stopping being self-employed.

As you can see, this situation can be tricky. Professional advice and management is the best solution to solve all your questions. You can get find the professional you need here.