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COVID19: New support measures for business

On March 16, 2021, Posted by , In Business Spain,Dochterbedrijf, With Comments Off on COVID19: New support measures for business

The Spanish Government has allocated EUR 7 billion for direct support to businesses. These are non-repayable grants for companies that have been hit hard by the crisis. A further EUR 4 billion has been made available to restructure so-called ICO loans (state guaranteed bank loans) and recapitalise SMEs. What must…

Stricter controls filling in the annual accounts

On March 16, 2021, Posted by , In Business Spain,Dochterbedrijf, With Comments Off on Stricter controls filling in the annual accounts

Recently, changes have been made to Spanish legislation which supervises compliance with the filing of annual accounts at the Registro Mercantil. The filing of the annual accounts is mandatory in Spain, but up to now, in practice, no fines have been imposed for non-compliance with this obligation. However, based on…

New Covid measures for businesses in Spain

On December 28, 2020, Posted by , In Business Spain,Dochterbedrijf, With Comments Off on New Covid measures for businesses in Spain

The Spanish Government announced new measures to meet the needs of companies with financial problems. We will list the most important ones. Deferral of taxes for SMEs Payments of taxes for which declarations have to be submitted between 1 April and 30 April 2021 may, under certain conditions, be postponed…

Brexit for real: these are the tax consequences

On November 25, 2020, Posted by , In Belastingen Spanje,Business Spain,Dochterbedrijf,Taxes Spain, With Comments Off on Brexit for real: these are the tax consequences

On 31 December, the United Kingdom will leave the European Union. We would like to list the tax consequences for business operations between Spain and the United Kingdom from 1 January 2021. What will change with regard to taxation? 1. The sale or purchase of goods to or from British companies…

Funds invest 1 billion in rental market

On November 9, 2020, Posted by , In Business Spain,Real Estate Spain, With Comments Off on Funds invest 1 billion in rental market

New capital inflows accelerate BTR operations The investors’ appetite for the residential market together with the COVID19 pandemic are the main reasons for the actual boom of real estate projects for the rental market, known as ‘Build to Rent’ (BTR), a formula expected to stimulate the creation of a new…

Remote Working | New legislation

On October 14, 2020, Posted by , In Business Spain,Dochterbedrijf, With Comments Off on Remote Working | New legislation

Companies that intend to continue to offer their employees the possibility of working remotely after the Covid pandemic has ended, must comply with the guidelines laid down in Law 28/2020, which recently came into force. Therefore, these obligations do not apply to companies that will return to a situation where…

Opportunities: 20% more turnover during football matches

On October 5, 2020, Posted by , In Business Spain,Dochterbedrijf, With Comments Off on Opportunities: 20% more turnover during football matches

Football match this evening? In many cases this goes together with pizza or burgers. Online meal delivery platforms such as Glovo and Deliveroo confirm that match days are also the days with extra movement in the kitchens of major US market leaders in particular. 20% more orders on match days…

The future. Working from home from Spain

On September 22, 2020, Posted by , In Business Spain,Dochterbedrijf, With Comments Off on The future. Working from home from Spain

Let your colleagues work from home from Spain Opportunities for dynamic companies People who work almost entirely from home seem to wonder why they shouldn’t be able to do so from Spain. We have noticed an increase in questions about this subject from various countries. Two trends that are taking…

C19 Update: Important new measures ERTE

On May 11, 2020, Posted by , In Belastingen Spanje,Business Spain,Dochterbedrijf,Koopbegeleiding,Real Estate Spain,Taxes Spain, With Comments Off on C19 Update: Important new measures ERTE

The Spanish government will most probably announce next week additional measures for companies that apply the temporary termination of employment contracts or the reduction of working hours as a direct consequence of the COVID19 crisis (ERTE Force Majeure). Here is a summary of our expectations: Untill 30 June and flexibility The ERTE…

Spain presents gradual de-escalation plan lockdown

On April 29, 2020, Posted by , In Belastingen Spanje,Business Spain,Dochterbedrijf,Koopbegeleiding,Real Estate Spain,Taxes Spain,Sport, With Comments Off on Spain presents gradual de-escalation plan lockdown

Spanish government has presented a de-escalation plan for the country’s lockdown for (at least) the next 8 weeks, consisting of 4 phases. The keywords of economic measures are shown in bold. Phase 0: Prior This is the stage the country is currently in. During this phase, some light relief measures will be taken: Children…