As established by the Spanish Tax Agency, Freepik Company is obliged to maintain up-to-date tax information about its collaborators for a proper withholding of their work income and subsequent tax payment.
Freepik Company is not entitled to provide personal advice to its collaborators regarding tax payment. For this reason, we have prepared the following FAQ to help you understand everything about it.
- Why is my income subject to tax withholding?
When the collaborator is a natural person (self-employed), Freepik Company is obliged to effect a 15% withholding on the invoice. This action has its legal basis in the Personal Income Tax Law 35/2006, dated 28th November, in the amendment of the laws on Corporation Tax, Non-Resident Income Tax and Wealth Tax, and in the Royal Decree 439/2007, dated 30th March, which approved the Personal Income Tax Regulation and amended the Pension Plans and Funds Regulation Act, previously approved by the Royal Decree 304/2004, dated 20th February.
- According to my tax situation, my income is subject to a 7% withholding. How can I request it?
If you consider that your income should be subject to a 7% withholding, in compliance with Art. 95.1 of the Royal Decree 439/2007, you must send us the attached document ‘PLANTILLA DE RETENCIÓN 7%’ duly filled to the e-mail address email@example.com.
Once validated by our legal department, the corresponding withholding rate will be effected on your invoice.