Paying your self-employment taxes in Spain with your N26 Business account
Find out whether you can pay your self-employment taxes in Spain with N26, and what other features you might want to consider when looking for the right business account.
4 min read
As a freelancer in Spain, there are lots of things to keep in mind when choosing your main business account. Making sure your bank doesn’t charge any fees for opening or managing your account, withdrawing cash, sending or receiving international transfers, or for foreign transactions are all important factors to consider. Plus, if you’re self-employed, you’ll need a bank account that allows you to pay your taxes.
N26 for business
The 100% mobile bank for busy entrepreneurs. Get 0.1% cashback, a free Mastercard and more
Can I pay self-employment taxes with my N26 account?
Yes! We are a collaborating entity with the Spanish Social Security system, which means that you can collect your benefits on your N26 account, and in case you are self-employed, pay your own contribution or the Social Security contribution of your household employees.
What type of taxes am I able to pay with my N26 account?
You can use your N26 account to file your income tax return and pay taxes such as VAT or personal income tax, as well as to pay your self-employed or household employee's social security contributions if you have a household employee.All you have to do is go to the Social Security electronic office and log in using one of the options that appear on the screen (password or digital certificate, electronic ID card, etc.), selecting the benefit you wish to apply for. Once there, fill in the information requested, indicating the IBAN of your N26 account and that's it!
How does N26 work for freelancers?
Despite needing a separate account to pay your self-employment taxes, an N26 Business account is so advantageous that it makes having two bank accounts worthwhile. You can transfer funds into your N26 account to enjoy all the advantages we have to offer, plus receive cashback for all purchases made with your N26 Mastercard.
Save up with Spaces
Use N26 Spaces sub-accounts to easily organize your money and save up for your goals.
No matter which N26 Business account you choose, each one guarantees a 100% mobile, paper-free experience with no hidden fees. Here are some of the main benefits.
Open an account in minutes—Once you’ve chosen the account that’s right for you, just grab your National Identification Document (DNI) or Foreigner Identification Number (NIE) to open an account online. All you need is your mobile phone and a few minutes.
Get a free Mastercard debit card—The N26 Business Standard account comes with a virtual Mastercard debit card that you can use to pay online, in stores (through Google Pay or Apple Pay), and to make cash withdrawals from ATMs equipped with NFC technology. You can also request a physical card for a one-time delivery fee of €10. N26 Smart and You accounts come with a free physical card in your choice of five colors. N26 Metal includes a stainless-steel card, available in three different shades.
Earn cashback—The more you spend, the more you earn. Not only do we not charge withdrawal or foreign transaction fees, we also give you 0.1% cashback on everything you buy with your card. With an N26 Business Metal account, you get0.5% cashback.
Enjoy transparent money transfers—There are no transaction fees for sending or receiving SEPA credit transfers in euros, whether national or international. As for foreign currency transfers, N26 TransferWise is integrated directly into the N26 app so that you can send money in 38 different currencies using the real exchange rate.
Manage your budget—To save you time, money and effort, we’ve integrated several features to help you manage your day-to-day spending.
Our Statistics feature automatically categorizes your spending to give you a general overview of your finances, and help you control what your monthly budget goes towards.
Our premium accounts—N26 Smart, N26 You and N26 Metal—offer sub-accounts calledSpaces, making managing your money simple and straightforward. You can also create Rules to move your money automatically, or share up to 10 of your Spaces with up to 10 N26 customers to manage your money together.
Stay protected and secure—We send real-time push notifications to your phone after every transaction, so you always know what’s happening with your account. Your N26 Mastercard is also equipped with 3D Secure, keeping you protected with two-factor authentication when shopping online.
Get premium coverage with Allianz—Our N26 You and N26 Metal accounts includetravel insurance—with pandemic coverage included—and day-to-day mobility coverage.
Benefit from exclusive perks—Each account grants you access to dedicated partner offers. For instance, N26 Business Metal covers your Amazon Prime membership fee for one year.
N26 business plans
From our free account to premium plans with smart features, find the right one for you.
With so many benefits, opening an N26 Business account is a great choice for any freelancer. Compare our N26 Business accounts now to discover which one suits you best. We may not be perfect, but we're getting pretty close.
