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Why Catalonia is a Strategic Region in Spain

Why-Catalonia-is-a-Strategic-Region-in-Spain.jpgCatalonia is one of the most the most strategic regions in Spain and one of the most influential autonomous communities. The Municipality of Barcelona is not only an important business hub but also a very popular tourist attraction. Investors in Spain will often target the city of Barcelona for company relocation or company formation purposes. One of our lawyers in Spain can help you invest in Catalonia, by observing all of the ongoing and future requirements for foreign investors in the country.

Catalonia, between business and tourism

 
The pivot of Catalonia is Barcelona, its capital city and the second most populous municipality in the entire country. The region has its own language and culture and it is perhaps best known for being the home of Salvador Dali, whose work can be admired throughout the capital city.
 
Barcelona is the heart of Catalonia as a region and its main economic driver. The city is a blend between a business center and one of the world’s leading tourist attractions. Moreover, the city itself is included in Europe’s top successful cities as a brand.
 
The capital’s city success is defining for the region, however, outside the outskirts of Barcelona, Catalonia shows a slightly different way of life. The land is highly industrialized and a significant portion is used for agricultural development. The region also relies on other tourist attractions apart from Barcelona, such as Costa Brava and the resorts in the High Pyrenees. 
 

Investing in Catalonia

 
Spain has a generally welcoming and encouraging foreign investment policy, with Madrid and Barcelona as its main business, financial and banking centers. Investors in Barcelona and other areas in Catalonia benefit from a series of tax incentives and tax credits for R&D activities or investments in cinema and musical/artistic productions. 
 
You can contact the experts at our law firm in Spain if you have questions on the current foreign investment law in Catalonia. Our attorneys are not only able to answer your questions but can also help you during the company setup process, especially if you cannot be present in the country at all times. 
 

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