The flat-rate tax regime was designed to offer the opportunity to start an independent business at particularly favorable conditions to all those who wish to operate independently and who possess the necessary requisites to adhere to it.
For those who decide to start their own business by opening a VAT number, this tax regime offers a series of advantages both from a fiscal and an accounting point of view.
First of all, from a tax point of view, the flat-rate regime provides for a single rate. This means that professionals who adhere to the flat-rate scheme will pay 15% of taxes (or also 5% for the first 5 years, if requirements to the Startup Bonus are met) on a taxable base that is calculated on a flat-rate basis and which varies according to the chosen ATECO code.
Furthermore, at an accounting level, freelancers on a flat-rate basis are not required to compile and keep accounting records (e.g. ISA, registration with INAIL or with the Company Register).