🇪🇸 Is Accounting Mandatory for All Businesses in Madrid? Yes. If you run a company or work as a freelancer in Madrid, you must comply with Spain’s national accounting laws — enforced locally by: AEAT (Agencia Tributaria – Spanish Tax Authority) Registro Mercantil de Madrid (Mercantile Registry) TGSS (Social Security Treasury, for payroll) Whether you […]

🇪🇸 Can Foreign Companies Hire Employees in Madrid? Yes — both Spanish SL companies and foreign branches operating in Madrid can legally employ staff. ✅ SL companies must register with the General Social Security Treasury (TGSS)✅ You must designate an in-country legal representative✅ Payroll is regulated by Spanish labor law — strict compliance is required✅

🇪🇸 Why Foreigners Start Businesses in Madrid Madrid is the economic capital of Spain, with strong international connections, top legal infrastructure, and a growing expat founder community. ✅ Best location for B2B services, tech startups, and finance✅ Strong demand for legal, consultancy, and remote businesses✅ Direct access to embassies, regulators, and tax offices✅ Well-developed visa

🇪🇸 Why You Need a Business Account in Barcelona If you’re launching a business in Barcelona — whether a freelancer or SL company — a Spanish business bank account is essential for: ✅ Depositing share capital (€3,000 for SL companies)✅ Paying employees and contractors✅ Handling tax obligations (Modelo 111, 303, 200)✅ Receiving payments from local

🇪🇸 How VAT Works for Businesses in Barcelona VAT (IVA in Spanish) is a value-added tax applied to most goods and services sold in Barcelona and across Spain. Whether you’re a freelancer, SL company, or branch office, if you sell taxable goods or services, VAT registration and compliance is mandatory. ✅ Standard rate: 21%✅ Reduced