Zero Rate: Madrid exempts new self-employed workers from paying fees for one year

Good news for the new Madrid self-employed. The Community of Madrid has approved the call Zero Fee, which exempts new self-employed workers from Social Security contributions during the first year. This measure will enter into force on January 1, 2023.

As SincroGo told us, in September, the president of the Community of Madrid, Isabel Díaz Ayuso, had promised to approve this aid for new self-employed workers and which, according to her estimates, could benefit some 30,000 workers in the region.

Details of the Self-Employed Zero Rate

In addition to the fee exemption for the first 12 months, this can be extended for one more year for those self-employed workers who have annual income equal to or less than the minimum interprofessional salary (SMI), have a 33% disability, or be a victim of gender violence or terrorism.

The autonomous women who have had to cease their activity, due to having had a child or by adoption, will also be entitled to the reduced contribution. All this, as long as they return to work in the two years immediately following. The latter is included in the Birth Strategy for the protection of maternity and paternity and the promotion of birth and reconciliation 2022/26 of the Community of Madrid.

The Madrid Executive estimates that close to 15 million euros will be allocated. “In this way, self-employed workers are supported with a real and tangible incentive that eliminates obstacles to entrepreneurship, helping to generate more opportunities and jobs”, They indicate on their official website.

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