Business Reforms in Spain

Positive= Doing Business reform making it easier to do business. Negative= Doing Business reform making it more difficult to do business.

DB2012:

Positive Starting a Business:

Spain eased the process of starting a business by reducing the cost to start a business and decreasing the minimum capital requirement.


DB2011:

Positive Trading Across Borders:

Spain streamlined the documentation for imports by including tax-related information on its single administrative document.


Positive Resolving Insolvency:

Spain amended its regulations governing insolvency proceedings with the aim of reducing the cost and time. The new regulations also introduced out-of-court workouts.


DB2010:

Positive Paying Taxes:

The tax burden on business was eased by reducing the corporate income tax rate from 32.5 percent to 30 percent and increasing efficiency through an electronic filing and payment system.


DB2008:

Positive Paying Taxes:

The corporate income tax rate was reduced from 35% to 32.5% for 2007. Since January 2007, small and medium-sized companies are subject to a reduction from the current reduced rate of 30% to 25%.


Reform Summaries

Reform Summaries


 -OR- -OR- -OR-

Close