Are you an expat or a German citizen who wants to be self-employed? Well, there are a few steps that you must follow. One of the things you must determine is whether you will be self-employed ad whether your company can hire employees. Let’s look at some of the benefits one gets from being self employed.
If you are an expat living in Germany and you are worried about filing your taxes or you are in the need of any advice on your specific financial circumstances, it can be beneficial to consult a tax advisor. Having a good, trustworthy tax advisor can especially be beneficial if your financial situation is complicated, for example, in the case of working as a freelancer or self-employed, or when having multiple sources of income.
Do you want to apply for a visa as a freelancer in Germany? It is great because it’s the ladder to greater independence, creativity, flexibility, and a new way of life. You may not need an office and a working protocol to follow; you choose the clients and the projects to work for.Make some coffee and read through this guide on how to get a visa as a freelancer in Germany. It explains the application procedure, whether from within Germany or from your home country.
Anyone moving to Germany is subject to paying tax on any earned income. But the good news is that if you're self-employed (Selbstständige) you can enjoy a variety of reductions (Steuerminderungen) if you properly fill-in your tax declaration (Steuererklärung).In case you're self-employed and living in Germany, it's your responsibility to submit your income declaration at the end of the tax year. But to benefit from maximum reductions you should understand what expenses are tax-deductible for the self-employed.