The aim of this study was to determine the influence of photoinitiator systems on physical-chemical properties of flowable composites. Conventional (CFC), composed by bisphenol-glycidyl dimethacrylate (BisGMA)+triethyleneglycol dimethacrylate (TEGDMA), and self-adhesive (SAFC), composed by BisGMA+TEDGMA+bis[2-(methacryloyloxy) ethyl] phosphate (2MP), flowable composites were developed. Five photoinitiator systems were tested: camphorquinone (CQ), ethyl-4-dimethylaminobenzoate (EDMAB), diphenyl(2,4,6-trimethylbenzoyl)phosphine oxide (TPO), phenylbis (2,4,6-trimethylbenzoyl)phosphine oxide (BAPO), CQ+EDMAB+TPO and CQ+EDMAB+BAPO. A two-peak LED was used; degree of conversion (DC) and the maximum polymerization rate (RP max ) were determined by nearinfrared spectroscopy. For the yellowing degree a spectrophotometer was used. Water sorption (Wsp) was obtained after 30 days of water storage (n=5). Data were submitted to two-way analysis of variance and Tukey's test (α=0.05). BAPO presented the highest DC and RP max values for both series. SAFCs presented lower DC and RP max for CQ+EDMAB-based materials. Greater yellowing was observed for SAFCs compared with CFCs, except for BAPO. Greater Wsp was observed for SAFCs compared with CFCs. The photoinitiator did not influence Wsp for CFCs, but TPO and BAPO presented the highest Wsp in SAFCs. The photoinitiator system affected differently the physical-chemical properties of CFCs and SAFCs.