In the beginning God created Benalmadena! Well not quite, but Benalmadena and the surrounding area has had a long and checkered past.
In the 7th century BC, the Phoenicians arrived followed by the Romans in the early part of the 8th century AD. But the name Benalmadena came from the Moors who arrived later in the 8th century. The original name wa Ben-Al-Madina, which in Arabic translated as “children of the mines”. At that time there were many iron ore and ochre mines in the area. Read more »
The Spanish law firm, Arcos & Lamers Asociados, has the pleasure to line out some details with regards to the Spanish Bankruptcy proceedings.
The declaration of Spanish Bankruptcy is governed by the Spanish Law – Bankruptcy Act 22/2003 passed on 9th July 2003. When a debtor is unable to fulfil his financial obligations and has become insolvent, he may apply for a declaration of bankruptcy, justifying his indebtedness and state of insolvency. The bankruptcy petition may also be presented by any of the debtors’ creditors.
Unless you’re an accountant, the word “accounting” probably strikes fear in your heart — or a little bit of nervousness, at least. For young entrepreneurs, the feeling is probably amplified. After all, poor bookkeeping out of the gate not only can set a project back in the short term, it can really come back to bite you over the long haul. Even young entrepreneurs get audited, you know. Read more »
The Minister for Industry, Energy and Tourism, José Manuel Soria, together with the Minister for Foreign Affairs and Cooperation, José Manuel García-Margallo, met on Thursday with the main accredited Russian tour operators at the Consulate General of Spain in Moscow.
The meeting was attended by the managing directors of such major wholesalers as Natalie Tours, VAM Tour, Vremia Tour, Classtour and Ista Tour, as well as representatives from TUI Russia, Pegas and Coral Travel (all in the photo). Read more »
The Minister of the Treasury and Public Administration Services, Cristóbal Montoro, announced in the Lower House of Parliament on Thursday that the Government will correct the current regime governing the capital gains system in order to “combat speculation” in the markets.
During the parliamentary debate to ratify the decree on measures aimed at correcting the deficit and fostering competitiveness, Cristóbal Montoro stressed that the existing system in which capital gains are taxed at a single rate is profoundly unfair because “everything one can earn on the Stock Exchange in a single morning” is taxed at a single rate while the earnings of a worker are taxed at progressive rates. Read more »
The Accountants, Tax Advisers and Lawyers of the Spanish Law Firm Arcos & Lamers Asociados have the pleasure to inform you about the tax consequences of being an owner of a Spanish property and non tax resident inSpain.
The tax law in Spain for non residents states that any income obtained directly or indirectly from the property should be taxed in the country where the property is situated, regardless the fiscal residency of the owner of the property, whether the property is used by the owner or rented out in any way. Read more »
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