It’s Getting Better For Startups In Spain

Once again Spain ranked as one of the worst countries in OECD on which to start a business. A report by the World Bank Group states that Spain is among the bottom five counties of the 34 OECD countries, with only Germany, Austria, the Czech Republic and Poland with a worse place to start a company.

The report state that entrepreneurs in Spain often face complexity in setting up shop. One of the main challenges is to deal with many different levels of government, including the national government, the regions, the provinces and the municipalities, that may have different legislation and requirements.

Overall the report places Spain at number 33rd globally in regards to ease of doing business in general.

The Bright Side

Luckily its not only bad news for spanish entrepreneurs. Spain was among the economies in the world that made the greatest advances in tax payments systems the last two years. A new tax reform program in 2014 was introduced to help and encourage entrepreneurs and investors.

Read more: Despite Our Ranking – It’s Getting Better For Startups In Spain

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Over Marco Kivit

I am a financial (controller) with a broad financial experience and interest. Companies that I worked for include both large companies as well as Small- and Medium sized companies in various sectors, such as Allianz, PricewaterhouseCoopers, KPMG, Royal Dutch Household, Royal Dutch Mint. I have set up Business Club Spanje to bring people and organizations together, to share knowledge about doing business in and between Spain and the Netherlands and to promote our partners.

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