The new Spanish government has taken with immediate effect a number of urgent measures: the reduction in corporation tax applicable to companies that maintain or expand their workforce, will also be continued in 2012; during 2012, a super-reduced…

Spanish Government has presented its latest plan in order to decrease public deficit. The reforms include a temporary reduction in VAT on new house purchases (from 8% to 4%) and an adjustment to the advanced payment of corporation…

With effect from 1 January 2011, Spain modified its law related to the treatment of VAT for trade fairs. Until last year, the rental of exhibition space and related services such as stand construction, catering, stand…

Merco Ciudad is an annual survey wherein has been tried to rank 81 major Spanish cities with respect to housing, work, study, tourism, entertainment, etc. In the recently published version of 2010, per city over 250 parameters have…

The Spanish government recently published the Government's proposal for 2011, including the following measures: > The top rate income tax (currently 43%) will be increased to 44% for incomes from 120,000 euros and to 45% for…

Nearly four years after the first promises, Spanish government finally approved a law allowing self-employed persons (autónomos) and certain directors of companies (administradores) to apply for unemployment benefits after…

According to many (inter) national economic experts, Spain must urgently implement drastic changes to the labour market. At present, current legislation and labour contracts are too rigid to be competitive with…

Ibersupport has recently opened a new office in downtown Bilbao. Basque Country is leaving behind its tumultuous past and turns out to become a very mature market with enormous potential for start-ups. The Basque Government is…

The Spanish tax authorities will be paying closer attention to related companies who invoice one another. This effort will attempt to prevent the shifting of capital gains between partner companies. In cases where this is found to be occurring,…

One plan the Spanish government is considering implementing is the introduction of a tax break for small and medium enterprises. Conditions of this tax reduction will require companies to commit to maintaining their current number of…

It is widely known that Spain was hit particularly hard by the economic crisis. The Spanish government has announced that it will adopt several fiscal measures intended to generate additional income for the Treasury Department. One of the measures…

In Spain a new law was passed (JUS/206/2009) which dictates that as of 2008, significantly more information is required to be included in the balance sheet submitted by companies than previously. In addition to the balance sheet and profit…

As of 1 January 2009 it is possible to request a monthly IVA tax return (BTW) in Spain. Until now it was only possible to submit this request once a year. Companies interested in taking advantage of this regulation must apply to a special tax…

From 2009 the Spanish tax authorities will be carrying out stricter controls regarding the transfer of funds between related companies. This is primarily aimed at the prevention of disguising profits.  Companies are obliged to…

Article written before we had an english website.

Article written before we had an english website.

Article written before we had an english website.

Article written before we had an english website