Whatever country you do business in, the success of your business depends primarily on the administrative and financial organisation within the company itself. Find below some major business management guidelines.
Spain, as a country, is becoming increasingly popular with entrepreneurs for many reasons. The economic crisis facing the country since 2998 clearly favours the creation and start-up of new companies. The high unemployment rate and the paralysis of some local businesses are both serious advantages for foreign entrepreneurs who want to settle in the country and start their business.
The management of a company, whatever the country of residence, is complex and requires a real commitment on the part of its leader. As the business grows, nothing should be left to chance. In a foreign country, running a business can be even more difference due to cultural differences and the regulations and laws of your new host country, which are often different from those in your country of origin. That is why we can inform you in advance and you can surround yourself with professionals who are at your disposal from your arrival onwards.
Accounting management of a company is essential for controlling spending and revenue. This control must be strict and regular in order to avoid the unexpected and ensure the financial health of your company.
Fiscal management in Spain amounts to payment of taxes and social charges in relation to your economic business activity carried out in Spain. As an entrepreneur, you will be taxed personally and for your company. It is important to know the different types of taxation and the payments periods.
Social management concerns your employees: recruitment, salaries, labour laws, dismissals etc. Whatever the size of your company, human resources administration must be regulatory at the risk of dispute between employer and employee.
Administrative and legal assistance is recommended at several strategic points: the creation of your company, renting or buying a local property, the modification of company statutes, a dispute with a supplier etc. The laws vary from one country to the next and you will likely have to resort to hiring a lawyer who can assist with these important processes.
There are numerous banks in Spain and they offer services tailored to the needs of companies: a bank account, loans, e-commerce solutions. But you must still choose that which suits your business best and provides financial security, something that every entrepreneur needs