Tax And Accounting Law Firms In Spain

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Tax And Accounting Law Firms In Spain
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About - Balms Abogados
Founded in 1989, Balms Abogados is a leading name
for the legal services. We take pride in
extending our expertise for every legal service.
You can also rely on us for a comprehensive
consulting service, managing all paperwork along
with accounting processes. We also have a
specialized section for foreign formalities,
handling documents, and other legal matters. We
believe in the philosophy of promoting training
and teamwork with the aim of achieving a higher
level of excellence. Our relationship with our
clients is built upon quality services and mutual
trust. Join hands with us today for our
dedication and expertise.
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Types Of Business Entities And Their Tax
Implications
It would be difficult to find the tax
implications for a business without knowing its
business type. In general terms, a businessman is
considered to be the sole owner of his firm. But
it is not true. A business does not merely mean
someone owning it and making a profit. Rather a
business entity has wider meaning when it comes
to doing business in Spain.     Understanding tax
implications for each business type requires
expert advice it is always a good idea to hire
a local tax attorney. Keep reading below to find
the types of business entities and their tax
implications.
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Everything You Need to Know to Start a Business
in Spain
For the last seven years, Spain has been an ideal
hub of foreign investment and a place of exciting
business opportunities. A world-class
infrastructure, entrepreneurial network, and some
mind-blowing think tanks communities make cities
like Madrid a profitable spot for starting
business ventures. However, before entering into
any business venture, an entrepreneur must know
the rules of the game. Since the path to
entrepreneurship is not easy so it is a better
idea to take the help of self-employed lawyers in
Madrid.   An expert in business laws can help you
to understand the dos and donts of a business
effectively. When you decide to do business in
Spain it is important to weigh the pros and cons
and the legalities of business with expert
advice. Spanish law allows foreign investors as
well to invest in different types of business
entities which are discussed below. Let us know
about the possible types of business firms, laws
regulating them, and the things to keep in mind
to start a business in Spain.
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Types of Business Entities allowed in Spain

• The most common way to do a business in Spain is
  to start a company under Spanish corporate laws.
  Spain offers its investors to commence a company
  form of organization in two forms
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• Sociedad Anónima (S.A.)
• Sociedad de Responsabilidad Limitada (S.R.L.)
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• An individual can perform a business activity
  directly in Spain as a Natural Person as in the
  eyes of Spanish Law. You are also permitted to
  form joint ventures with already established
  companies or businesses in Spain. The two forms
  of joint ventures that are prevalent in Spain
  are
• Unión Temporal de Empresas (U.T.E.)
• Agrupación de Interés Económico (A.I.E.)

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While you are looking to invest in a joint
venture or a corporate form of organization, it
is always a good idea to be informed about the
laws of a nation. Despite having suffered through
a long period of economic shutdown worldwide,
Spain has risen like a phoenix among the top five
economies of the world. Since the business
opportunities are ample here, for foreign
investors, investing in Spain can be profitable
at this time.
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Contact Us
Address - C /. Generalife, 9. Aloha Pueblo 29660
Marbella (España-Spain)
Phone - 34 952 812 100
Website https//www.balms.es/en