Use your remaining unemployment benefits to set up a new business.

At the time of crisis that we are living with a high unemployment rate, many people see self-employment as a way out. We encourage you to carry it out, for which we discuss a way to get cash through capitalization of unemployment to be used in a new business.

If you're unemployed collecting unemployment benefits. Then you can apply the capitalization of these benefits. That is, obtaining in one payment early part of the benefits that you have not yet perceived.

To be eligible for capitalization should be three conditions:

- That you have left at least three months of unemployment benefits.

- No capitalization have asked in the past four years.

- Participate in the activity as a permanent working partner if you set up a working society.

The amount that  will be credited by the capitalization will be 60, 80 or 100% of the outstanding receivables, under the following circumstances:
■ 60% as a general case, to become self-employed.
■ 80% for youth up to 30 years and women up to 35 years.
■ Disabled with 100% degree of disability of 33% or more.

To receive it, you must indicate that you will use that cash to purchase capital goods (fixed assets), such as machinery, refurbishment of the premises, truck ...

In cases where you only capitalize the 60 or 80% of the unemployment benefit, with the remaining amount you can have the fees offset by Social Security every month.

Very important is that you consider that you have to ask the capitalization of unemployment before creating your company or make autonomous, because if you do it the other way around you might find that you have no right to unemployment and can not receive the funding.

Don't forget that only VP Advisers can offer you Free Self Employment Registration. For further details don't hesitate in contact us,