Support new self-employed workers, the government has introduced a range of incentives and aid programs, offering financial assistance and tax incentives to alleviate the burden on budding entrepreneurs.
As reported by tododisca.com on May 9, 2024, the State Aid for New Self-Employed Workers provides grants ranging from 2,000 to 10,000 euros, targeting unemployed individuals, especially those with disabilities, young people, women, and victims of gender violence.
New self-employed workers can benefit from reduced flat-rate fees and may even capitalize their contributory unemployment benefits, providing additional financial resources for their ventures.
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Furthermore, the government offers a reduction in the withholding rate of Personal Income Tax (IRPF) for the first three years of economic activity, easing financial pressure during the initial stages of business.
Several regional governments also provide supplementary assistance, including further reductions in contribution fees or exemption from fees in the first year, depending on the region.
These initiatives aim to incentivize entrepreneurship, foster economic growth, and create a supportive environment for aspiring entrepreneurs to thrive and contribute to a dynamic economy.
