Set up a Financial Company in Spain

Set up a Financial Company in Spain

Starting with 2008, the regulations applicable to the financial sector in Spain have been constantly modified, as a direct consequence of the economic crisis that hit the European countries. At the moment, the Spanish regulations available for financial companies are divided based on specific sectors and the investors who want to open a company in Spain in the financial…
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Open a FMCG Company in Spain

Open a FMCG Company in Spain

The fast moving consumer goods (FMCG) sector in Spain has developed in 2017, due to the local consumer confidence and needs. In the first eight months of the year, the FMCG sector increased in value by 0.8% compared to the previous year and the highest growth was observed for fresh food products. Investors…
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Relocate to Spain

Relocate to Spain

Foreing persons who want to relocate on the Spanish territory for company formation in Spain or for personal reasons will be required to obtain specific visas, but this will depend on their nationality.  For example, in the case of the citizens who reside in one of the European Union’s member states, there are no visa requirements, such…
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Set up a Shop in Spain

Set up a Shop in Spain

A shop in Spain can ne used for a wide range of business activities. However, prior to opening the shop, the investors should perform a set of activities that will have the purpose of maximizing the company’s operations in that respective location. Investors who want to open a company in Spain will need to conclude a rental contract, obtain…
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Set up a Hotel in Spain

Set up a Hotel in Spain

A hotel is defined as an accommodation unit which must meet certain criteria. There are several types of accommodation units that are available for short-term stays, but a hotel is recognized by the star clasiffication system. Businessmen who want to open a company in Spain registered as a hotel should know that the unit can be classified under a 5 star system, in which 1 star is attributed to…
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Set up a Company in Construction Sector in Spain

Set up a Company in Construction Sector in Spain

In order to open a company in the construction sector in Spain, the investors will need to follow the regulations applicable to commercial companies. The procedure of company formation in Spain implies the registration for taxation matters, the drafting of the company’s statutory documents and the employment of the local workforce following the employment legislation. These…
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Set up a Company in Insurance Sector in Spain

Set up a Company in Insurance Sector in Spain

Commercial companies in Spain can develop business activities in the insurance sector, once they have obtained the necessary licenses for their specific activities. Insurance sector in Spain refers to insurance services related to life and non-life contracts, which can be signed by both natural individuals and legal entities. Investors who want to open a company in Spain in this…
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Open a Company in Agriculture in Spain

Open a Company in Agriculture in Spain

The agriculture field in Spain is an important sector for the local economy. The agriculture industry accounts for 3% of the country’s gross domestic product (GDP) and it provides the second largest terrain in Europe for performing agricultural activities. Investors who want to open an agriculture company in Spain may need to obtain different types of business permits, depending…
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Austria-Spain Double Tax Treaty

Austria-Spain Double Tax Treaty

Spain and Austria signed a treaty for the avoidance of double taxation in December 1966. The treaty is applicable to natural persons and legal entities, tax residents of both countries and it is enforced when the tax residents of a state are performing taxable activities in the other contracting state. Austrian tax residents who are interested in opening a company in Spain can…
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