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The move, which will come into force in the coming days, is supposed to curb the flow of workers from the eastern European country to ease pressure on Spain's job market. The Spanish government decided to restrict the access of Romanian nationals because of the country's high unemployment rate (20%).
The government said the restrictions would not apply to Romanians already working in Spain, but it remains unclear what will happen if and when their contracts end. Under the new restrictions, Romanians will need a work permit and a work contract before they can enter Spain.
A European Commission spokeswoman confirmed that the Commission had received a letter from Spain explaining its decision. She said the Commission would analyse whether the move was in line with EU rules on free movement.




The number of companies created in Spain increased by 2.2 percent in 2010, after three consecutive years of decline. The number of companies started up in 2010 totalled 79,963, 2.2% more than in 2009, representing the first increase after three years of continual decline. The subscribed capital for the newly founded companies reached almost 7.999 million euros, 66.9% higher than the previous year. In addition, the average subscribed capital per company was 100,033 euros, a 63.2% rise on 2009. As for the 18,467 companies dissolved, 75.7% did so voluntarily, 11.1% merged with other companies and 13.2% were wound up for other reasons.Source: Think Spain. | ||

Spain's Tax Office (AEAT) will be paying closer attention to professionals they suspect of failing to fully declare their income, and those claiming unemployment benefit while working on the side, in an effort to bring a greater portion of the country's underground economy to the surface.
At a time when the government is striving to fill a huge hole in its finances, the AEAT's action plan for 2011 was presented Monday in the official gazette. Tax officials are being asked to be on the lookout for professionals with signs of wealth that are incongruent with their tax declarations. They will also be trying to keep tabs on false declarations of expenses.
In their battle with tax cheats, inspectors will step up joint action with their colleagues in the treasury and labor arms of the Social Security system, and will make visits to businesses where undeclared activity is suspected.
Source: EL PAIS.
