Zexel Pay is a Payment and Invoicing solution offered by Zexel Software SL, with the aim of facilitating the payment process for content creators and assisting companies in obtaining invoices on their behalf. We act as intermediaries in the payment process, providing a secure platform for funds transfer between companies and content creators.

Additionally, we offer billing services on behalf of content creators, issuing invoices in compliance with applicable legal requirements.

Furthermore, we provide tax advisory services to content creators to enable them to receive payments legally.

1. Fill out the payment request form, including: Subject, the brand’s email address from which you wish to request payment, and the amount you wish to receive.
2. Request payment
3. The brand or agency will receive the payment request notification by email and proceed to approve and make the payment.
4. Once the payment is completed, an invoice will be sent to the brand or agency, and the transfer to the creator’s account will be initiated.

• Wire transfer

To receive payments in your bank account, you must be a resident of Spain or the European Union and have a verified NIF or VAT. Don’t worry! We can provide guidance.

• Amazon gift card

To receive payments on an Amazon gift card, you don’t need a verified NIF or VAT; you only need an Amazon account.

To send funds to your bank account, you will need to provide the following details:

1. Tax information of the creator:

• Company or individual name
• Fiscal address
• Postal code
• City
• Country
• NIF/CIF/VAT Verified: If you are not registered as a company, we can assist you with Zexel Services or refer to the E-Residency Tax Guide to learn how to obtain a verified NIF/CIF/VAT.
• Phone
• Email

2. Bank information:

• Account holder’s name
• Account number: IBAN
• Routing code
• Bank name
• Country
• Address
• City
• Postal code

   

You can also provide an email address to receive payment notifications.

A Value Added Tax Identification Number (VATIN) is an identifier used in many countries, including those in the European Union (EU), for Value Added Tax (VAT) purposes.

In the EU, VAT or NIF-IVA is a tax identification number for entrepreneurs and self-employed individuals who engage in intra-community transactions, meaning transactions with clients within the EU. A VAT identification number can be verified online on the official EU VIES website. It confirms that the number is currently assigned and can provide the name or other identifying details of the entity to which the identifier has been assigned. However, many national governments will not provide VAT identification numbers due to data protection laws.

The NIF or CIF is the tax identification number assigned to individuals or legal entities in Spain. It is mandatory for all individuals or businesses subject to taxes in Spain. The NIF or CIF is used to identify individuals or businesses in commercial transactions, tax documents, and other official documents.

To obtain an NIF or CIF, you need to apply to the Tax Agency (Agencia Tributaria). The application process varies depending on the type of individual or business applying. In general, it requires submitting certain documents, such as the ID card (DNI) or foreigner ID number (NIE), birth certificate, or the company’s constitution certificate.

Once you obtain the NIF or CIF, you need to keep it up to date. This can be done by submitting a modification declaration to the Tax Agency when there are changes in personal or business details.

The NIF or CIF is an important document that should be kept carefully. It is required in commercial transactions, tax documents, and other official documents.

Here are some of the benefits of having an NIF or CIF in Spain:

• It allows the identification of individuals or businesses in commercial transactions.
• It is necessary for filing tax returns.
• It is required for obtaining government permits and licenses.
• It is needed to open bank accounts and access financial services.
• It is required for international travel.

If you are a resident in Spain or have a business in Spain, it is essential to obtain an NIF or CIF. You can find more information on how to obtain an NIF or CIF on the Tax Agency’s website.

According to labor regulations, the limits are not entirely clear, despite having established a set of conditions.

It is true that contributing to Social Security and covering certain benefits as a worker is essential. It is necessary to maintain access to rights such as retirement, access to bonuses, and more.

However, beyond the legislation itself, there are real problems for those who decide to carry out self-employed activity but do not, at least initially, earn sufficient income to cover the costs of contributing to the RETA. Let alone making the activity profitable by paying the fees and taxes.

Is it legal to issue invoices without being self-employed?

Indeed, it is possible to issue invoices without being self-employed, but it must be done non-habitually.

• The most important requirement is that the activity is not habitual. It should be carried out on an occasional basis. If it’s not an extra source of income, but rather your primary means of living, you would be obliged to contribute as self-employed.
• It is also important that the income does not exceed the Minimum Wage (SMI) established by law. In other words, your activity cannot provide you with income greater than the minimum gross monthly wage set by Royal Decree 231/2020. However, please note that the Self-Employed Workers’ Statute does not establish a fixed amount of money as a threshold for whether you should register or not, but there is jurisprudence that considers the Minimum Wage as a reference.

From Zexel, we recommend that you should not invoice more than €1,800 in any given quarter, and only in three quarters, to demonstrate that the activity is not habitual.

You can also consult with the virtual assistant of the Spanish Tax Agency here.

One of the fastest and legal ways to obtain a verified VAT is to obtain E-Residency, following these steps:

• Register on Xolo Go with an independent location.
• Validate your account and add the VAT assigned by Xolo to your Zexel Pay profile.
• Add the IBAN assigned by Xolo Go.
• Request payment from Zexel Pay.

Note: Zexel provides suggestions, and individuals are free to make the decision that suits them best.