Pay Your Workers in Spain with Ontop

Enable your workers to receive their payments in USD and give them the freedom to choose how to manage their funds: crypto wallets, local bank transfers, and digital payment platforms.
OVERVIEW

Language(s): Spanish

Currency: Euro

Capital City: Madrid

Population: 47.78 million

Cost of Living Rank: 54th

VAT (Valued Added Tax): 21%

EMPLOYER TAXES

32.05%+ 50 EUR/Month

★  24.18% - Social Security
★  5.50% - Unemployment
★  0.20% - Salary Guarantee Fund
★  0.60% - Professional Training
★  1.65% - Work Accident Insurance
★  50 EUR per month - Remote Working Allowance (minimum)

Why Hire in Spain?

Spain offers access to a highly skilled and experienced European workforce.

Hiring in Spain allows companies to leverage the benefits of the European Union market.

Spain's cultural ties to Latin America can be an advantage for companies seeking to expand into the region.

Collaborators in this country prefer to be hired as employees rather tan contractors due to "autonomo" tax figure is not simple to apply and manage.

Minimum Salary

1,080 EUR

Payroll Cycle

monthly

Holidays Number

14

Trial Period

3-6 months

Employer Taxes

32.05%+ 50 EUR/Month

Taxes Filing

19%-47%

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