🇪🇸 Is a Business Bank Account Required in Spain? Yes — to incorporate an SL company or operate as a freelancer with significant turnover, you’ll need a dedicated business account with a Spanish bank. ✅ Mandatory for SL company incorporation (for depositing €3,000 share capital)✅ Required for payroll, taxes, and VAT payments✅ Essential for managing […]

🇪🇸 Do You Need to Register for VAT in Valencia? Yes — if your business in Valencia sells goods or services that are subject to VAT (IVA) in Spain or the EU, you must register for VAT with the Agencia Tributaria (AEAT). ✅ Required for both SL companies and autónomos (freelancers)✅ Mandatory for most B2B,

🇪🇸 What Taxes Do Businesses Pay in Valencia? Whether you’re a company (SL) or a freelancer (autónomo) operating in Valencia, you must meet several national and local tax obligations: ✅ Corporate income tax or personal income tax✅ VAT (IVA) if applicable✅ Withholdings (IRPF for salaries or contractors)✅ Annual summaries and EU reporting✅ Local municipal taxes

🇪🇸 Do You Need to Keep Official Books in Valencia? Yes. Whether you’re a limited company (SL) or a freelancer (autónomo) based in Valencia, Spanish law requires: ✅ Official accounting records✅ Electronic VAT and tax reporting✅ Annual financial statements✅ Periodic filings with Agencia Tributaria and the Commercial Registry 📌 Foreign-owned SLs are subject to full

🇪🇸 Can Foreign Companies Hire Employees in Valencia? Yes. If you own an SL company or subsidiary in Valencia, you can legally hire local or foreign employees — provided you: ✅ Register as an employer with Spanish authorities✅ Comply with Spanish labor laws and collective agreements✅ Process payroll and social security monthly✅ Withhold and pay