Withholding on Foreign Payments: When Clients Apply It and What You Can Do

Withholding on foreign payments happens when a client in another country keeps part of your fee and pays it to its own tax authority. It is not common for service freelancers in Spain. However, when it happens, you need to know why. You also need to know how to reduce it and how to recover … Leer más

Invoicing Software for Freelancers with Foreign Clients: What to Look For

Choosing invoicing software for freelancers who bill foreign clients is not only about pretty templates. You need multi-currency invoices, the right VAT wording for EU and non-EU clients, reports for your tax returns and, in Spain, a tool that will keep up with new invoicing-software rules. The short answer: pick a tool that handles several … Leer más

How to Receive ACH Payments and Wires from US Clients as a Foreign Freelancer

Knowing how to receive ACH payments from American clients is one of the quickest ways to cut the cost of working with US companies. US businesses are used to paying vendors by ACH or domestic wire, and if you can give them US-style account details, they can pay you without international wire fees on their … Leer más

How to Get the Best Exchange Rate as a Freelancer

Getting the best exchange rate as a freelancer is mostly about avoiding hidden margins, not about predicting the market. A bank that converts your dollars at 3% below the real rate costs you far more over a year than any currency move you could time. The short answer: compare every quote with the mid-market rate, … Leer más