Common Tax Mistakes of Startups in Spain and How to Avoid Them
1. Mistake in the Choice of Legal Structure The legal structure of a startup affects its taxation and general operations. In Spain, many startups choose the Sociedad Limitada (SL) for its flexibility and the protection it offers to partners. With the recent Startup Law, new companies can benefit from a reduced corporate tax rate of […]
The First Tax and Accounting Steps for a Start-up Company in Spain
Starting a business in Spain involves not only complying with a series of legal steps, but also keeping up to date with tax and accounting matters to ensure the correct operation of the business. The following is a practical guide to the basic tax and accounting aspects that every entrepreneur needs to know in order […]