Are you a student looking to earn money? Whether you want to tutor young children in your spare time, babysit or offer freelance services, the possibilities are numerous. The micro-entrepreneur status, formerly called auto-entrepreneur, can be a quick and easy way to start your own business. Becoming an auto-entrepreneur is not only a great way to create opportunities for yourself, but also offers unique advantages in terms of taxes and administrative procedures. In this article, Kidlee explains what this status is, how to create it and what are its advantages.
What is the micro-entrepreneur status?
First of all, it is important to know that the status of micro-entrepreneur is a simplified system for individual entrepreneurs. It was created in 2008 to facilitate business creation in France. In particular, for small economic activities and service activities.
This status allows you to benefit from a simplified tax and social security system adapted to small-scale economic activities.
Micro-entrepreneurs can carry out a commercial, artisanal or liberal activity, up to a certain annual turnover threshold. For 2023, this threshold is set at 188,700 euros for commercial and accommodation activities, and 77,700 euros for service activities.
Becoming an auto-entrepreneur is an alternative to creating a classic business which can be very expensive and complicated. It allows those who want to start their own business with simple and inexpensive administrative formalities.
For students, this means they can start working on their business project or freelance while pursuing their studies. In addition, self-entrepreneurship offers valuable experience in the working world and can help students develop their professional skills.
How to create your micro-entrepreneur status?
Becoming an auto-entrepreneur is both simple and fast. The creation of a micro-entrepreneur status is done online, without having to go anywhere. Nice, isn't it? Here are the steps to follow:
Check your eligibility to become an auto-entrepreneur:
Becoming an auto-entrepreneur could be the perfect thing for you. But before you get started, make sure you understand all the eligibility requirements first. To do so, you must be at least 18 years old. You must reside in France and have a valid French social security number. In addition, your auto-enterprise must not exceed a certain annual turnover threshold (188,700 euros for trade and accommodation activities, and 77,700 euros for service activities).
Choose your activity or activities:
Before creating your micro-entrepreneur status, you must first define the activities you wish to carry out. You can choose between the commercial, craft or liberal sector. Then, you must define a main activity, childcare for example. Finally, you should know that it is totally possible to combine several activities.
To become an auto-entrepreneur, simply register online:
To create your micro-entrepreneur status, you must first go to the website of URSSAF. And then fill out an online registration form.
Declare your activity:
After registration, you must make a declaration of activity to the Centre de Formalités des Entreprises (CFE) competent for your activity. This online declaration allows you to obtain a SIRET number and to start your activity.
Becoming an auto-entrepreneur: what are the advantages?
Nowadays, more and more students are choosing to become self-employed. The advantages of this status are indeed numerous:
First of all, it allows you to reconcile your studies with your professional projects. We can expand our skills in a field we are passionate about while earning money. Moreover, it gives us a certain freedom and flexibility in the organization of our schedule. The status of micro-entrepreneur allows you to work at your own pace, without time constraints or geographical location.
The tax system of the micro-enterprise is very simple. You pay social security contributions and income taxes only on the basis of your turnover. There is no VAT to charge.
Reduced administrative formalities:
The administrative formalities are very simple and quick to complete. Thus, you do not need to keep a complete accounting.
To become an auto-entrepreneur is to benefit from a social protection:
As a micro-entrepreneur, you benefit from social protection (illness, maternity, retirement...) which allows you to contribute to a scheme adapted to your income.
As a micro-entrepreneur, you work on your own account, so you will not have any employer or employee charges that will be debited from your income. Also, you do not pay taxes. Thus, you benefit from a higher income.
The possibility to cumulate :
If you are a student and have a salaried job, you can combine your micro-entrepreneur activity with your work. The micro-enterprise regime is compatible with a salaried job.
A limited turnover threshold:
The micro-entrepreneur status is intended for small economic activities. The maximum annual turnover is limited to 188,700 euros for commercial activities and 77,700 euros for service activities. Beyond these thresholds, you have to change regime.
As a micro-entrepreneur, your liability is limited to the assets you have assigned to your professional activity. You do not have to commit your personal assets.
Becoming an auto-entrepreneur also means preparing your future:
Starting your own business as a self-employed entrepreneur can help you gain essential entrepreneurial skills for your professional future. Being a student self-entrepreneur can be a great way to develop work experience and a network of contacts that will be useful for years to come.
Babysitter auto-entrepreneur: what are the advantages?
Becoming a self-employed babysitter can be a great option. Being your own boss and managing your own schedule offers unparalleled freedom. You can choose your own hours and set your own rates when working directly with individuals for example.
Plus, you'll have the opportunity to work with some amazing kids and build lasting relationships with their families. So for those looking to get started, self employment can be a quick and easy way to get there.
Ultimately, being a self employed childcare contractor is not only rewarding but also offers rapid growth opportunities in an ever growing industry.
Becoming an auto-entrepreneur, the final word:
In short, the micro-entrepreneur status can be a quick and easy solution for students who want to start their own business. It offers student entrepreneurs the best of both worlds: convenience, support and protection from the French government, while maintaining creative freedom.
Becoming a self-employed or self employed babysitter offers additional security for long term clients. If you're ready to enter the world of freelance work, join Kidlee by clicking just here and become an independent babysitter today! You'll be glad you chose this path to financial stability and personal freedom.