The Spanish economy is expanding, as numerous economic sectors have reported positive results. An important aspect in this sense refers to the employment level, which is increasing in 2017. According to the governmental reports, the level of unemployment predicted for 2017 will decrease to 16.6%. At the same time, it is important to know that the Spanish government will also create new employment opportunities for 8,000 persons, who will be employed in the public sector. Our team of lawyers in Spain can offer more details on the employment legislation applicable in this country.
The International Monetary Fund (IMF) estimated that the Spanish economy is developing, as the economic growth for 2017 is estimated at 2.6%. The economic growth of the GDP for 2018 is evaluated at 2.1%, but there are very good news related to the employment level in this country. Investors who want to register a company in Spain and to hire employees from the local workforce may receive in-depth information on the requirements established in this sense from our team of Spanish lawyers.
Companies operating in Spain can benefit from a wide range of state grants, provided for various areas related to the development of a business. Such grants can be offered depending on the economic field in which the Spanish company operates, as well as on its size. The Spanish institutions can also provide several grants – in the form of loans or leasing, for the company’s working capital and our team of lawyers in Spain can offer legal assistance on eligibility criteria.
The business in Spain can be conducted if everyone involved puts the accent on values, attitude and correct principles. If you are interested in doing activities in Spain and contract local entrepreneurs or investors, it is best to find out details about the business etiquette before making any movement. Our Spanish lawyers are able to help you in this matter and besides that, you can solicit legal services for your company in Spain.
The Spanish legislation provides a set of investment grants available for both local and foreign businessmen who are concerned on the environmental issues caused by various business and industrial activities. Such grants are applicable to all types of legal entities available in Spain, regardless of their size. A part of them are available only for specific industries, while others are applicable to all types of business operations carried out here and our team of lawyers in Spain can offer legal assistance on the legal requirements applicable when applying for a local grant.
Spain is one of the largest economies of the world. Businessmen can set up their business operations in various successful industries in this country and, at the same time, they can apply for a wide range of grants to further develop the value of their company. Foreign investors can also apply for modernization grants offered by the Spanish authorities, provided that certain conditions are met, such as the category in which the business in operating, or its size. Our team of Spanish lawyers can offer an in-depth presentation on such grants.
Good news comes from the Iberic Peninsula, especially from Spain, which aims the foreign companies established in the country. The business environment continues to develop, according to the statistics on the last two years and positive outlooks regarding exports, staff, and turnover are reflected for the years to come, making Spain once again a powerful state. If you wish to invest in Spain’s important areas of interest, we recommend you to solicit complete information and advice from our Spanish lawyers, who can also assist in legal matters for your company.
Spain is recovering from the economic crisis that affected numerous sectors, and the real estate field seems to develop and to register new numbers. The property sales encountered a 2.3% growth last year and according to statistics and research in this significant field, authorities expect to achieve a new target in 2017. If you are interested in investing in the Spanish real estate sector we recommend you to ask for guidance and complete assistance from our lawyers in Spain.
Both local and foreign investors can apply for numerous grants available for businesses operating in Spain. Such grants are provided based on the investment field in which the Spanish company is operating and they are offered by a set of institutions incorporated in Spain. The grants can be offered only if the companies can respect a set of eligibility criteria, on which our team of lawyers in Spain can provide legal assistance
The renewable energy in Spain has always been a strong and important sector where authorities implemented numerous incentives and reforms to sustain the electricity from such source. The plans for 2017 are quite daring but not impossible, the authorities considering a 20% growth of the entire energy made of renewable resources.
2017 came with improvements and important changes in the tax matters in Spain. The self-employees, no matter if they are locals or from abroad are subject to these changes, and in this article, we are going to explain a few important things. We remind that our Spanish lawyers can provide you with details about the taxes you need to consider when opening a company in the country. Besides that, you can ask for more information about our legal services.
Spain is for sure an attractive country to invest in, although a major crisis made the people provide more concentration to the profits. The tourism is one of the most interesting sectors in Spain, which is continuously developing, in spite of the economic crisis. There are many significant industries to talk about while considering the fruitful investments for 2017, but before we do, we remind that our lawyers in Spain are ready to offer suitable and necessary information about the taxation system in the country and about how to set up companies in the chosen domain.
The consumer confidence in Spain increased in 2016, especially in the last months of the year, when the Spanish population was celebrating Christmas and the New Year. The consumer confidence index is showing positive prospects related to the Spanish economy. Persons who are interested in setting up a company here or relocating in one of the Spanish cities can find out more details on the legal aspects from our team of lawyers in Spain.
Spain is the country where the rich culture and the traditions properly combine with the business opportunities for all local or foreign investors. Although the economic crisis badly affected Spain, there are signs of recovery, starting with a low level of unemployment. If you have decided to open a company in Spain, with foreign capital and board, you might want to analyze the labor market in the country and to the benefit of the experienced people, ready to fulfill interesting and well-paid positions.
The Spanish economy marked surprisingly positive economic prospects, as the forecasts for 2017 may be exceeded. At the level of 2016, the Spanish economy was situated at 3.3% Gross Domestic Product (GDP) growth, providing better performance results compared to 2015. The forecasts for 2017 are showing a growth of 2.5%, but the Spanish government considers that such estimates can be exceeded. Another important aspect is that the economic crisis that once hit Spain no longer produces effects in the economy. Those who want to start a company can have several prospects, especially in the tourism field and our team of lawyers Spain can offer advice in this sense.
With interesting and great geographic location on the southwest of the Iberian Peninsula, with openings at the Mediterranean Sea, Atlantic Ocean, Alboran Sea, and Cantabrian Sea and with remarkable landscapes, Spain is definitely a country where all kinds of business opportunities have positive and interesting standards. Tourism, agriculture, manufacturing, logistics or energy are the main sectors where foreign entrepreneurs should analyze the market to discover the opportunities of making money.
Having a profitable business in Spain will much depend on the chosen domain and the market analysis in such areas. Many foreign entrepreneurs choose to start doing businesses in public relations, car industry, recruitment or tourism in Spain. If you think it is time to profit from the business opportunities for 2017 in Spain, it is recommended to ask for financial advice and guidance from our Spanish lawyers.
A company can be relocated from its country of origin to Spain as an effect of numerous aspects. For example, there are better investment opportunities in Spain or the taxation system available here provides more advantages. Regardless of the reason for which the company is relocated to Spain, businessmen should take into consideration many issues concerning this matter. Our team of lawyers in Spain can offer legal assistance on the legal procedures imposed here when relocating a company.
The Spanish tourism industry registered in 2016 a record value in terms of visitors, as more than 74 million tourists chose to visit the country. The data was presented by the United Nations World Tourism Organization and it states that the Spanish tourism increased in 2016 by 4% compared to 2015. The number of visitors in Spain represents, at the same time, the largest value recorded in the last years. Businessmen who want to open a company in Spain are welcomed to address their inquiries to our team of lawyers in Spain, who can provide legal assistance on the incorporation procedure.
There is a strong business sentiment amongst the British entrepreneurs who are interested in investing in Spain, as the latest data on this subject show that despite the effects of the Brexit referendum, most of the investors will keep their projects on this market. British businessmen who are interested in opening a company in Spain can have many opportunities here, in various economic fields. Our team of lawyers in Spain can offer legal assistance on investment legislation applicable by the local authorities.
A bitcoin cashpoint was recently opened in the Balearics region, in Spain. A bitcoin refers to a digital currency, which was created in 2009. One of the main advantages of the bitcoin currency refers to the costs related to each transaction, which are much lower than in the case of the traditional financial transactions. At the moment, there are only 20 bitcoin cashpoints in Spain. The one in the Balearics region was set up in Alcudia, Mallorca. Persons interested in opening a company operating in this field can receive more details on the matter from our team of lawyers in Spain.
One of the most important economic pillars of Spain is represented by the tourism industry. This year started very well for the local tourism industry and it has increased to such an extent, that it has broken the record in terms of incoming tourists. Persons who are interested in the tourism industry for investment purposes can have many business opportunities, as the market is very well adjusted to accommodate the needs of the local and incoming visitors. Our team of lawyers in Spain can offer assistance on the main legal requirements that must be completed when activating in this industry.
A growing industry in Spain is the biotechnology sector, which became very attractive to both local and foreign investors. The expansion of this field can be seen in its share increase observed in the Spanish Gross Domestic Product (GDP). For example, in a period of only six years, the biotechnology sector increased from 2.98% GDP share (in 2008) to 10.35% (in 2014). Investors who want to open a company in Spain in this field can receive legal assistance from our team of lawyers in Spain, who can help investors obtain licenses available for this sector.
The European Union (EU) and Canada have just signed the Comprehensive Economic and Trade Agreement (CETA), that will have a positive effect on the trading relations established by the two contracting entities. The agreement is applicable in all EU’s member-states, including Spain. Those who want to open a company in Spain which will deliver goods and products on the European and Canadian markets will also benefit from its provisions. Our team of lawyers in Spain can provide more details on the legal aspects implied by the new trading agreement.