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Category: Business in Spain

Liquidation of a company: what taxes do you have to pay?

Liquidation of a company: what taxes do you have to pay?

Liquidation of a company

When the members of a company agree to liquidate it and distribute its assets, certain fiscal responsibilities are generated, in addition to the Corporate Tax, which must be complied with. Learn which taxes you must pay and avoid last minute surprises when liquidating a company, let’s get to it!

How to make a competitive analysis when making a presentation to investors?

How to make a competitive analysis when making a presentation to investors?

Competitive analysis

Presenting your business to a potential investor is not an easy task. However, it helps you to improve the idea you have of it, forcing you to think about and analyze what your competitors are doing. In investor presentations you should never overlook talking about your competitors and, therefore, you should focus on doing a good competitive analysis. Do you want to learn how to do it, stay and find out!

How to apply for ICO credits to complement the Digital Kit grants?

How to apply for ICO credits to complement the Digital Kit grants?

ICO Credits

Since the Kit Digital aid program covers digital solutions and not the purchase of computer equipment, the Official Credit Institute (ICO) has granted an extra guarantee in order to cover the needs that are not covered by the Kit Digital. If you are self-employed and want to know more about the ICO credits that complement the Kit Digital aid, then stay with us until the end!

What is the new energy saving plan and how does it affect your company?

What is the new energy saving plan and how does it affect your company?

Energy saving plan

The Spanish Government, in line with the energy and gas saving measures adopted by the European Union, together with the Council of Ministers, have approved in August the energy saving plan for air conditioning. In this post we will tell you what are the measures to be adopted, who is affected and what are the possible penalties in case of non-compliance. Stay until the end!

How do withholding taxes for non-residents in Spain work?

How do withholding taxes for non-residents in Spain work?

Withholdings to non-residents in Spain

You may not be aware of it, but companies or self-employed individuals with self-employed workers under their charge are obliged to withhold or make payments on account on the income paid to them. If your company pays income from work to a non-resident, you will have to apply the fixed withholding tax of 24%, but there are exceptions. However, there are exceptions. Do you want to know more about withholdings to non-residents in Spain? Then stay until the end!

Tax reform: what is the new 23% rate?

Tax reform: what is the new 23% rate?

Tax reform

In order to combat inflation, the Spanish government proposed a nominal tax reform that will allow smaller companies to save up to 700 euros per year. Do you want to know more about this tax reform that will lower the nominal tax rate? Then stay with us until the end of this article!

What is the accounting treatment for partial cancellation of an ICO loan?

What is the accounting treatment for partial cancellation of an ICO loan?

ICO Loan

Many companies and freelancers, in the face of the COVID-19 crisis, applied for ICO loan subsidies to make their business viable. Since many people have been wondering about the correct accounting record of the subsidies received to partially cancel these loans, today, in TAS Consultancy, we tell you what is the accounting treatment of a subsidy to partially cancel an ICO loan.

Is it possible to support deductible VAT before starting the activity?

Is it possible to support deductible VAT before starting the activity?

Deductible VAT

If you are going to start a business activity, it is quite normal that you will have expenses and investments long before you receive income and profits from it. Therefore, you may be wondering: can I deduct the input VAT before starting the activity? Well, in this article we will answer all your questions about deductible VAT, come and join us!

What is the new Organic Law on Data Protection and how to comply with it?

What is the new Organic Law on Data Protection and how to comply with it?

Organic Law on Data Protection

The European Data Protection Regulation in Spain, approved in 2016, came into force in 2018 along with multiple changes that it is essential for every SME to take into account. For that reason we have created this article, Find out here what is the new Organic Law on Data Protection and what should be your compliance!

Find out about aids and subsidies for the self-employed and entrepreneurs in Spain [2022].

Find out about aids and subsidies for the self-employed and entrepreneurs in Spain [2022].

aids and subsidies for the self-employed

According to the GEM Report 20-21, for 30% of entrepreneurs and freelancers looking to start a business, it has not become profitable, while 10% acknowledge having had problems obtaining financing. This represents a major obstacle for the development of projects; therefore, we decided to compile the best grants and subsidies for freelancers and entrepreneurs that are available in Spain, find them here!