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Spain, among business and pleasure

Enjoying a paella with your business colleagues, having a walk on the seaside or working in high-quality premises: make the most of your business life in Spain !

Feel free to share your Spanish business experiences with us !

nie-spain-identification-number

NIE: Spanish Foreigner Number of Identification

nie-spain-identification-numberAn NIE Number (Número de Identificación de Extranjero) is a tax identification number to be used in Spain.

Both EU citizens and non-EU citizens get issued an NIE. It consists of an ‘X’ or ‘Y’ followed by 7 or 8 digits then another letter.

The NIE is not a fiscal residency identification; you can have a NIE and be fiscal resident in another country.

The NIE number is needed in order to file taxes, buy property, set up a business, open a bank account, and for almost all other forms you fill out. When forming a company, everyone who will be directors and shareholders of the company will need a NIE. This is the first step in forming a company or in buying a shelf company.

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resident for tax purposes in spain

Becoming resident for tax purposes in Spain? How and why?

taxation-residence-spainWho can be resident for tax purposes in Spain?

First, we must differentiate European and non-European citizens. Indeed, only European citizens may live in Spain and become aSpanish tax resident. People from other countries cannot live nor obtain the tax residence in Spain. What are the conditions to become Spanish tax resident? The Organization for Economic Cooperation and Development OECD considers 3 criterions to determine the tax residence of an individual.

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spain, latin america: gate for business and trade

Spain, strategic location for international trade

Member of the European Union, Spain has become an advantageous location for global entrepreneurs: it offers a gate to Europa for American entrepreneurs on one hand and a gate to America for European businessmen on another hand.

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create a company in Spain

Barcelona, European Economical Center

Barcelone-centre-économique-européenThe capital of the Spanish region Cataluña points out to be a dynamic business area: the number of entrepreneur starting up a business in Barcelona is constantly increasing.

The city indeed offers numerous assets for business purposes: Barcelona provides a high quality of life to entrepreneurs; it shows an economic dynamism and strong reaction toward the crisis and has a geographical and suitable economic environment for companies.

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European VAT number, what is this and how does it work?

European VAT number, what is this and how does it work?

european-vat-numberThe Value Added Tax (VAT) is a general consumption tax assessed on the value added to a good or service.

This tax affects the final price of the product or service and is payable by the final consumer. The tax is then paid by the consumer as part of the product price, collected by the selling company, and then refunded to the State. The VAT payment is different whether the trading exchange occurs within the European Union or between a member of the EU and a non-member State.

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Spanish business environment

Spanish business environment

spanish-business-environmentYou are entrepreneur and you want to start up your business? 

What about Spain? Let’s have a look at the Spanish business environment: labor force availability, telecommunication costs, access and transports quality, real estate prices, labor costs, ect.

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start a company in spain

Buying a ready-made company in Spain?

start a company in spainCreating a company in Spain may be long and complicated. Indeed, it is required to carry out many administrative tasks. In order to get an effective company, two or three weeks will be necessary and you will be required to come several times in Spain.

However, there is an alternative to obtain your company in less than 24 hours.

You can buy a ready-made company. They are company previously registered with a view to being sold. They have not registered any activity and are of course free of any debt. They are registered in the Spanish Companies Register with a generic name that you will be able to change.

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Spain: Business and Holidays

Spain: Business and Holidays

Holidays and days off in SpainYou are running a business in Spain and your employees are tired and want to know when will be on holidays ? 

Lets consider now the Spanish holidays and days off. They may be important when establishing your annual planning.

Here are the official days off and holidays period for 2012.

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Commercial lease in Spain

Commercial lease in Spain

Spanish commercial lease, characteristics and specificitiesIf you want to set up your company in Spain, you may need to find commercial premises for your company in order to develop your activity.

In Spain, the leases related to commercial premises have some specific characteristics:

In the commercial lease, a landlord (the Lessor) rent premises to a tenant (the Lessee) for a professional occupation. Since january 1995, the commercial lease is governed by the Ley de Arrendamientos Urbanos.

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