Why to increase the share capital of a corporation?

Many enterprises are established with the required minimum capital (3000 Euros in the case of a limited company and 60,000 in an S.A company) and with the passage of time this is becoming smaller capital in the balance sheet of a large company. Companies with profits accumulate reserves, ignoring the capital; until one day someone puts their eyes in and decides it's time to accompany the growth of the company.

1,582,335 foreign citizens registered with Spanish Social Security system in September

 

The number of foreign citizens registered with the Spanish Social Security System stood at 1,582,335 in September. In overall terms, this figure remains the same as for August, with a minor decline of 488 people, or 0.03%.

Recover the VAT paid outside of Spain

 

 

We must first make a distinction with regard to purchases that are made outside our borders. If these are done to a country of the European Union and imply that consumption of the good or service is made ​​within our borders, we must fill up our registration as intra-Community VAT operators. By filling up the registration with the tax authorities we will get an European VAT number which will be used as a common reference in dealings with the customs authorities throughout the Community. If we have the European VAT registration number purchases from other country of the European Union shall bear no VAT on your bill, while if we do not have it the seller will apply the VAT tax of its country and this cannot be deducted as such and must be accounted as a greater amount of the purchase.

Record 195,200 fall in unemployment and creation of 151,000 jobs produces highest third-quarter rise in seven years

   

According to estimates in the Labour Force Survey (EPA) drafted by the National Statistics Institute (INE), employment rose by 151,000 in the third quarter of 2014 when compared with the previous quarter, an increase of 0.9%. This increase is significantly higher than that recorded in the same quarter of 2013 (69,400) and represents the highest third-quarter increase since 2007.

Self-employed may hire workers maintaining the reduced self-employment quota of 50 €.

 

Self-employed and entrepreneurs are the forefront of the economic and employment recovery in our country and one of the most important measures introduced by the government to stimulate the creation of self-employment was to let new self-employed people (“autonómos) to pay reduced monthly self-employment fees .

Government confirms that economic growth will continue in 2015

 

The Spanish Prime Minister, Mariano Rajoy, the High Commissioner for Marca España, Carlos Espinosa de los Monteros, and the  Deputy Governor of the Bank of Spain, Fernando Restoy, confirmed that the good forecasts for the Spanish economy are set to continue in 2015, during the summit dedicated to Spain held by the British newspaper The Financial Times.

HIRING WORKERS? DO NOT FORGET ABOUT THE HEALTH AND SAFETY AT WORK

Today we will talk about the obligation to carry out the Health and Safety at Work prevention (HSW) by the self-employed or companies. The Law 31/1995 states among other things that as entrepreneurs, exist the obligations to:

• Take the necessary measures for the protection of workers
• Inform and train workers regarding the HSW.

Spanish goods exports grow by 0.9% to August

 

The growth in Spanish exports in January-August 2014 contrasts with the declines seen in France (-2%) and the United Kingdom (-15.6%) but is lower than the growth seen in Germany (+2.8%). Outside the European Union, US exports were up by 3.3% while Japan posted growth of 2.8%.

Meanwhile, imports amounted to 173.67 billion euros, up by 5.8% on the same period of 2013 and boosted by increased domestic demand. In real terms, imports grew by 8.3% due to the downward trend in prices measured using UVIs (2.3%).

VP Advisers & Lawyers

VP Advisers & Lawyers provide you with a firm of lawyers and economists made ​​up of qualified people with an unwavering commitment to quality service that will help you build the road to your business objectives.

Our staff provides legal advice, fiscal and financial support to national and international companies providing services in negotiation, contracting, consulting and transactions of all kinds, at all times adapting to the demands of a globalized world where the legal issues are always rigged complex solutions.

Spain will head 2015 EU growth

 

There seems to be good news on economic matters for Spain, at least as far as forecasting is concerned. Spain, a country with a 25% unemployment rate, public debt levels of nearly 100% of GDP and no alternative to construction as an engine of growth, has managed to become the only European economy with improved prospects for 2015, according to the International Monetary Fund (IMF).

Are the utility bills deductible if you work from home?

 

One of the most common questions asked by our clients, self employed people or limited companies, who work from home is if it is possible to deduce through  the accounting activity costs such as electricity, water bill ... While we have already discussed this in the past, today we bring other solutions following recent consultations with the administration .

Best September job figures in last eight years

 

Unemployment is one of the major economic problems of Spain, the high number of unemployed is one of the main reasons so many economic and fiscal reforms occurring in our country in recent years. Looking at the data of September we have cause for hope though much have to work to solve such a  big problem.

Government delivers Public accounts for 2015

 

 

The Minister for the Treasury and Public Administration Services, Cristóbal Montoro, delivered the Draft General State Budget Law 2015 to the Speaker of the Lower House of Parliament, Jesús Posada, on Tuesday; accounts that seek to boost job creation, the growth of the Spanish economy and social cohesion without foregoing compliance with the fiscal consolidation commitments.