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EspañolThe decline of Spanish night clubs
Why legendary discos disappear Oh! Madrid or Atika in the capital of Spain, Up & Down and Dixi 724 in Barcelona, Park Paladium in Sabadell, Ku in San Sebastián … They are all names of famous discotheques with at least a quarter of a century of history that have been…
Sponsor sports talent and save up to 90% corporation tax
Companies in Spain that sponsor sports talent can save up to 90% of the sponsor amount on their corporation tax! Interesting for both brand awareness and finances, but only suitable for companies with large budgets. We explain how it works and for those interested, we’ll introduce a talent. Imagine: your…
Number of Spaniards regularly shopping online going down
In the digital era, the number of people who make purchases online on a regular basis is actually decreasing in Spain. This becomes clear in the Barometer Shopperview of the Aecoc, the Spanish organisation for manufacturers and distributors. Only 2.4% of the Spaniards, 1% less than last year, regularly do…
A faster start in Spain with a subsidiary company
Setting up a subsidiary in Spain does not have to be difficult at all. An SL (Spanish company) can be a fact within ten days. How? By following five simple steps. Especially for those who want to set up a subsidiary in Spain, we have prepared a simple step-by-step plan….
Beer industry Spain
The beer industry in Spain broke all records last year: consumption, production and exports were not as high in the past ten years as in 2018. Record of more than 40 million hectolitre This is according to figures from the employers’ association for Brewers in the country. The Dutch beer brand Heineken is…
Spanish Tax Agency controls Management Companies
The Spanish Tax Agency (AEAT) has published a report, warning against the risks of Asset Management Companies. Improper use can lead to additional income tax, corporation tax, VAT and wealth tax. The warning comes after several politicians were recently discredited because of the way they use Asset Management Ltd’s. The…
Taxes in Valencia and Catalonia the highest, in Madrid the lowest
Spain has national rates for income tax, wealth tax and inheritance and donation tax, but the ‘autonomous communities’ – Spain has 17 – can use different scales and rates. Important in tax planning Spain If an autonomous community does not consider this necessary, the national rates apply. For people with…
Madrid Tax Haven in Spain?
Madrid continues to implement tax cuts Reduction in inheritance tax Madrid Madrid plans to reduce the inheritance tax between siblings, as well as between uncles/aunts and nephews/nieces. Reductions of 15% and 10% will apply on the calculated inheritance tax. A reduction of 99% already applies for the tax on inheritances…