Taxation in Spain: the VAT

All posts, Spanish Taxation Leave a comment   Published on par Jonatan Carbonell

euros coin and a calculatorIn order to start a business in Spain you have to get a CIF (Código de Identificación Fiscal). This number is the tax identification number of your company; it is the Spanish equivalent of the VAT.

This number enables you to undertake economic and business activities in Spain and throughout Europe.

You are not obliged to include VAT on customer bills for a company which is established in the European Union, and conversely, they will not charge you if you are registered in the VAT register (VIDAS census). Read more

Why may the global crisis be a great opportunity to set up a company ?

All posts, Business start-up in Spain Leave a comment   Published on par Jonatan Carbonell

undertake- startup business-It is a fact, the word crisis uses to bring essentially pejorative ideas to our mind. But, we must instead consider the current crisis as a real opportunity for new-born entrepreneurs.

Lets list some of the main advantages of undertaking in Spain during the recession period.

  • The main point is the lack of job opportunities. Since a crisis often generates an increase of the unemployment rate, there are a lot of available young or experienced workers over the market. A company may as a consequence be able to have a large choice when recruiting and so recrute high-skilled workers for lower cost. In Spain, the minimum wage is for example twice lower than the French SMIC. Read more

What are the main steps to set up a business in Spain?

All posts, Business start-up in Spain Leave a comment   Published on par Jonatan Carbonell

create-a-business-in-spain-stepsCreate a business in Spain, enlightenment.

In Spain, starting up a business is now very simple. Indeed, in recent years, the government has simplified the process. When using the services of an accounting firm, the creation of your company can be effective within less than 24 hours with the “Rapido Pack” or 8 days with the “Personalized pack”.

Here are the different steps to set up a business in Spain.

Read more

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