The professional and efficient lawyers and tax advisers of the Spanish law firm Arcos & Lamers Asociados would like to reproduce the definition of “Vivienda habitual” main home residency, as this Firm has been in many occasions approached concerning enquiries with regards to what indeed the Spanish prime tax residency is.
This concept is described at “El Texto Refundido del IRPF” Spanish Income Tax Law. This definition is a relevant issue for other Income Tax purposes. For instance the deduction of re-investment of sale price into another main prime home, that could reduce to the max any Spanish Capital Gain Tax. Read more »
Over the years I’ve found that most entrepreneurs spend too much time and money on promotions that don’t generate new business.
Whether it is local sports sponsorships, newspaper-ad buys or social media, they waste money on marketing strategies that may boost their egos by making them local celebrities, but don’t actually translate into sales.
Related: How to Stand Out by Keeping it Simple
Entrepreneurs, especially those relying on customers in their local areas, should first focus on networking with other area businesses, major employers, schools, churches and other organizations. They should network and then create marketing strategies and events that are beneficial to all parties. Read more »
The average number of contributors to the Spanish Social Security System in June rose to above 17 million for the first time this year (17,027,843). This figure represents month-on-month growth of 31,332 (0.18%), which contrasts with the decline of 5,612 recorded by the System in June 2011.
The General Regime posted a month-on-month increase of 68,989 (up 0.68%) and an average number of 13,763,448 contributors.
The most significant increases were seen in Hotel and Catering (29,726 more contributors); Healthcare Activities and Social Services (up 11,574); and Administrative Activities (up 9,224). The largest declines were recorded in the Education sector (down 38,084) following the end of the school year; Construction (down 6,422); and Information and Communication (down 2,040). Read more »
The data from all the Public Employment Services in all the autonomous regions for the month of June show a drop in unemployment of 98,853 on the previous month, in other words a reduction of 2.1%. Total recorded unemployment stands at 4,615,269.
Last month’s reduction is the largest June reduction since records began. By comparison, recorded unemployment fell by 67,858 in 2011. Furthermore, unemployment has fallen for the third month in a row following reductions in April and May 2012.
Recorded unemployment fell in all sectors of the economy except agriculture, where it rose by 1,182 (0.74%). There were 9,970 fewer unemployed in industry (-1.85%), 17,124 fewer in construction (-2.15%) and 52,654 fewer in services (-1.88%). Read more »
According to the Spanish labour advisors from Arcos & Lamers Asociados there are two main types of Subsidies that could be taken into account:
1- Spanish Companies that hire employees for an indefinite period of time. These employees should priory be registered at the Spanish local official employment office (Instituto Nacional del Empleo I.N.E.M.) an interview with a Spanish Civil Servant will be held and the individual will be transferred to a company indicated by the I.N.E.M.
2- Subsidy to promote employment for those companies that do belong to the trade sector, applicable for females or individuals aged under 30 or above 45 years of age. Read more »
An unconventional art contest kicks off tomorrow in which competitors use a natural material to create fleeting – yet astounding – sculptures.
The International Sand Art Competition began on Marbella’s shores on Monday, with 10 artists from around the world working head to head. With the theme of ‘Secrets of the Sea’, the seven-day challenge features artists from Europe and Russia, as well as award-winning Indian sand artist Sudarshan Pattnaik. Read more »
The 80 ex workers at the Don Miguel Hotel in Marbella will finally be paid their wages which are still owed to them eight years after the establishment closed.
An Arab group based in Luxembourg, Fundación Magna Invest, through its Spanish company Magna Hotels and Resorts, has purchased one of the pioneering hotels on the Costa del Sol in its heyday. Now the new owners want to return it to its former glory as luxury 5 star hotel, and the refurbish will take two years.
The 550 room hotel is on a 70,000 square metre plot which includes a large tropical garden. 32 of the rooms are suites, 28 conference rooms, five restaurants, four swimming pools, 15 tennis courts and new spaces for an artificial lake and waterfalls, a spa, and fitness and disco club are all to be added. Read more »
Algeciras Port saw the largest increase in container traffic in 2011 anywhere in the world. The port held 28% more containers than in 2010 at 3.6 million with a total cargo of 28.4 million tons.
Another beneficiary is Málaga Port which has taken a grand part of the business from Tangiers. Málaga saw a freight total up 216.4%, reaching 3.49 million tons.
Both ports have benefited by the increase in container traffic. Read more »
The Marbella Lawyers and Spanish accountants of Arcos & Lamers Asociados would like set out below some notes with regards to the Spanish Beckham Law.
The known Spanish Law as the “Beckham Law”, refers to law 35/2006 of 28 November, which did amend the Spanish Company tax law as well as the Spanish Income tax law of non-resident citizens. Read more »
