The Official State Gazette (BOE) has already published the royal decree law approved by the Council of Ministers, establishing a new contribution system for the self-employed, which will come into force on 1 January 2023.
This new contribution system, based on real income, will have a transition period of nine years, until 2032, and will be applied from January 2023, with 15 contribution brackets ranging from 230 euros to 500 euros and will vary until 2025, depending on the net income of self-employed workers.
After months of negotiations between the Ministry of Inclusion, Social Security and Migration and the three main associations, Minister José Luis Escrivá finally presented to the Council of Ministers this 64-page Royal Decree-Law, following agreement with the representatives of the self-employed.
This new real income-based contribution system will put an end to the current "great anomaly" and will comply with recommendations 4 and 5 of the Toledo Pact, as well as with component 30 of the Recovery, Transformation and Resilience Plan (PRTR).
Under the new contribution system, it is expected that every second self-employed person will have a lower contribution than before, while one 25% will contribute more than before and one 25% will contribute less than before.
Exchange rate flexibility and 15 contribution tranches
The self-employed will have the option of changing the bracket every two months, with a total of six changes per year, in order to adapt to the income forecasts for each time of the year and their activity.
In 2023, the contribution for a self-employed person with a net income equal to or less than the Minimum Interprofessional Wage will be 230 euros. In 2024, it will be reduced to 225 euros and in 2025, you will be paying 200 euros.
Those with a net income of more than 1,300 euros and less than or equal to 1,500 euros, and in addition, above 1,500 euros and less than or equal to 1,700 euros, the fee will be 294 euros for the three years.
In the lower income brackets the contribution is also reduced between 2023 and 2025, based on net incomes above 1,700 euros the contribution is increased over the three years.
Therefore, a self-employed person who earns above or equal to 3,620 euros and up to 4,050 euros will pay 100 euros more between 2023 and 2025. In 2023, he or she will start paying 390 euros, then pay 400 euros in 2024 and finally pay 490 euros in 2025.
Finally, the last bracket with a net income of more than 6,000 euros. Their quota for 2023 will be 500 euros, rising to 530 euros the following year, reaching 590 euros in 2025.
After these three years, the representatives will have to agree on the tranches for the next years, until 2032.
Reduced start-up fee
The current flat rate is also added in the new contribution model, which will be renamed the reduced rate for self-employed workers starting their activity and will be 80 euros per month for twelve months for all new self-employed workers.
After this period, the reduced contribution can only be extended for self-employed workers who remain below the Minimum Interprofessional Wage (SMI). For the rest, the corresponding bracket will be applied according to their net income.
If you have any doubts about the self-employed in Spain, please do not hesitate to contact us at and we will inform you.