Business services in Spain - Windram Miller

Business services in Spain: Spain holds many opportunities for businessmen. The leisure and property industries attract many entrepreneurs to the coastal and island regions, as does the undoubted need for third-age care. And foreign businesses have a major role to play in virtually every sector, be it from retailing to oil exploration to demographics, in both import and export, or in large or small fields of business.

Spain's Civil Code body of law can produce unexpected effects for those more used to the Common Law of, for example, England and the US. Windram Miller & Company advises, guides, and where appropriate acts for clients. Below are some examples of our business services in Spain.

Trading with Spain

• Contract drafting
• Contract negotiation
• Post-contract management and compliance
• Establishment of representative offices
  (and avoidance of taxable Permanent Establishments)
• Representation in Spain (including fiscal representation where required by law)
• Translation and interpretation services

Trading in Spain

• Getting established in Spain
• Sole trade, partnership (sociedad civil), or company?
• If company, private (SL) or public (SA)?
• Branch or subsidiary?
• Company incorporations
• Provision of Physical Representative of non-resident corporate directors
• Fiscal and business opening licences

Business Finance

• Statutory rules on capital - eg minima, share-classes, rights and obligations, calls
• Thin capitalisation rules and effects
• Spain's view of EU parent -subsidiary directive
• Consideration of appropriate debt/equity ratio
• Sources and types of finance
• Inward investment controls
• Distributions, interest and royalty payments

Management issues

• The business plan
• Management styles in Spain
• Labour law and effects
• Employees' expectations
• Effects of the bureaucratic process - an additional vulnerability?
• Financial structures and institutions in Spain