5 steps to create your brand
Markets are crowded, so you must distinguish yourself from the competition. A brand will be the set of characteristics that constitute the identity of your product or service and that will help you stand out from the rest. In the following article you will see the steps to create your brand.
Non-Residents Taxation in Spain
Taxation : who is considered as a Spanish non-resident?
In order to determine the tax residence of an individual or company, several factors must be evaluated. I encourage you to read this article dealing with the tax residence. You will find in this article some interesting information. If you do not match with these terms, then you are a Spanish tax non-resident.
Do non-residents have to pay taxes in Spain? Read more
Real Estate in Spain: it is time to invest!
Spanish Real Estate prices have collapsed since 2008 as a result of the burst of the Real Estate bubble.
Spain is currently experiencing a Real Estate crisis unprecedented. After having more than doubled during the first years of 21st century,
Since 2008, prices have already decreased by 15% in Barcelona, 22% in Andalusia and 25% in Baleares and Canarias. According to specialists, the top decrease occurs in the Mediterranean costs area, such as the Costa del Sol, where prices have collapsed by 35%. Read more
VAT rates in Spain
Under the pressure of the European Union and the International Monetary Funds, VAT rates in Spain are to be increased from 1st September 2012.
In Spain, the Value Added Tax, more commonly known as VAT, is charged directly to the consumer when purchasing new product. There are three different rates of VAT in Spain: the standard rate, reduced rate and super-reduced rate. Read more
Business Plan
A business plan is a written description of your business’ future. It sets the direction for your business and keeps you on track once you’re up and running.
It may also be a requirement when seeking finance.
Your plan should reflect the current reality of your business, the environment in which it operates, and your present and future goals. Read more
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: Spanish Foreigner Number of Identification
All posts, Business start-up in Spain, Human Resources
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July 30, 2012 Jonatan Carbonell
An 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. Read more
Becoming resident for tax purposes in Spain? How and why?
Who 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.
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.
