Setting Up A Business.

Starting your own business is exciting and can seem a bit tricky for people who are not familiar with the Spanish system. Regulations are complex so it is crucial to get the right legal and tax advice form the start. Ignorance of the law and tax obligations is no excuse for the tax office!

Getting professional advice before initiating your new career can help prevent future problems with the tax office and social security. It will certainly help to protect your business and will save you money in the long term. Your adviser can explain all the tax implications of the different business models so you can choose the one that adapts best to your circumstances.

Your legal representative can help you to prepare the business premises contracts as well as all the legal requirements that are needed such as opening licenses and workplace regulations to be followed.

Employment law is a complicated field as it is constantly changing. Your solicitor needs to be constantly updated with the last regulations in order to protect your interests.

If you are going into a business partnership you need to make sure all the parts are covered and you have decided on what is the best advice for the partnership You need to make informed decisions so it is advisable to contract a fully licensed accountant/lawyer.