15 reasons to set up your business in Spain

You want to set up your business in Spain? But, before you start, you still have some doubts remain?

You certainly said: “The crisis in Spain has weakened the market, the economic situation is critical, there is no opportunity to seize, and it is not the right time to start a business in Spain.” We will demonstrate in 15 points why it is advisable to create your company in Spain, all your doubts will be dispelled and you can finally get started on your entrepreneurship project with complete peace of mind!

1. España, sol y playa

• The Spanish art of living: living more relaxed, away from stress and anxiety.
• Sol y playa: enjoy the sun all the year, beach, palm trees… admit that you dream!
• The dynamism, sympathy and friendliness of the Spaniards!
• How not mention paella and sangria, the great Spanish classics.
• Quality of life: in times of economic crisis, everything is cheaper!

2. Economic crisis in Spain: opportunities to seize!

• Who says economic crisis says high unemployment and therefore the availability of labour.
• Availability of skilled and motivated labour.
• Labour reform and new tax deductions for entrepreneurs in Spain.
• You can easily find a local at low price.
• The economic crisis has weakened competition and entry barriers are more accessible.

3. An advantageous tax system

• Social security contributions: they amounted to 6.4% of the wage of a Spanish employee.
• Social contributions for employers: in Spain employers’ social contributions cannot be greater than 30.6%.
• Income Tax: all Spanish residents with incomes below € 22,000 are not affected by the income tax. For the calculation of the Spanish income tax, it includes all the incomes of an individual and then it deducts some business expenses and some allowances depending on the family situation of the individual.
• Self-employed status in Spain: if you are autónomo (self-employed) in Spain, social contributions are fixed and amounted to € 255.86.
• Creation of Spanish holding companies even more advantageous than traditional Dutch and Luxembourgish holding companies.