Spanish freelancers can finally claim unemployment
01.09.2010 | By: Transfer Business Administration Services Spain
As of November 2010, freelancers (autónomos) in Spain may apply for unemployment benefits that may last up to a maximum of 12 months, which will equate them a bit more with other employed workers. Freelancers can voluntarily choose to pay an additional percentage on their Social Security contribution, which then qualifies them for unemployment benefits.
Documentation requirements inter-group transactions in Spain
14.05.2010 | By: Transfer Business Administration Services Spain
Transfer pricing refers to the pricing of contributions that are transferred across administrations run by the same group of shareholders or directors. Spain has introduced new documentation requirements for inter-group transactions. Companies who conduct inter-group transactions below market value will face heavy sanctions. Transfer BASE assists companies in fulfilling these obligations and avoiding unnecessary risks leading to heavy penalties.
Beckham Law: tax reform for non-residents in Spain
01.03.2010 | By: Transfer Business Administration Services Spain
In the autumn of 2009 a proposal to reform the so-called ¨Beckham Law¨, which regulates the Spanish tax regime for non-residents, prompted a wave of commotion in the Spanish football league. However, the proposal had its influence not only on football players.
Adapting billing proces due to increase of Spanish VAT
11.01.2010 | By: Transfer Business Administration Services Spain
The Spanish government has recently approved an increase of VAT rates, effective from July 2010. The increase in VAT is an unpopular measure and forms a burden for Spanish consumption. The increase is needed to finance the increased debt of the Spanish government during the past two years.
