BARCELONA, a GOOD INVESTMENT a Practical Guide to Doing Business in the City

BARCELONA, A GOOD INVESTMENT A practical Guide to doing Business in the City

FOR MORE DETAILED INFORMATION ON EACH OF THE ABOVE SECTIONS, PLEASE CONTACT THE FOLLOWING OFFICES:

Ajuntament de Barcelona www.bcn.es Sector de Promoció Econòmica (Economic Promotion Sector) Avinyó 7, 1r 08002 Barcelona, Spain Tel. +34 934 027 478 Fax. +34 934 027 597 www.bcn.es/barcelonanegocis BARCELONA, A GOOD INVESTMENT A practical Guide to doing Business in the City

CIDEM BARCELONA MADRID NEW YORK TOKYO Passeig de Gràcia 129 Montalbán 9, 2º dcha. 445 Park Avenue, 14th floor Shuwa Kilicho TBR Building 1118 Passeig de Gràcia, 129 08008 Barcelona, Spain 28014 Madrid, Spain 10022 New York, USA 5-7 Kojimachi, Chiyoda-Ku 08008 Barcelona, Spain Tel: +34 934 767 291 Tel: +34 915 241 000 Tel: 1 212 775 8830 102-0083 Tokio Tel. +34 934 767 200 Fax: +34 934 767 303 Fax: +34 915 241 001 Fax: 1 212 755 8837 Tel: 81 3 3222 1571 www.cidem.com catalonia@cidem.gencat.net [email protected] [email protected] Fax: 81 3 32222 1573 www.catalonia.com [email protected] www.spain-japan.com/2/cidem

LIBRARY OF CATALONIA (BIBLIOTECA DE CATALUNYA) CIP INFORMATION:

Barcelona, a good investment : practical guide to doing business in the city I. Borrell, Xavier, ed. II. Barcelona. Sector de Promoció Econòmica III. Centre d'Innovació i Desenvolupament Empresarial (Catalunya) 1. Inversions estrangeres _ Barcelona _ Manuals, guies, etc. 2. Barcelona _ Comerç _ Manuals, guies, etc. 3. Barcelona _ Condicions econòmiques _ Manuals, guies, etc. 338.1(467.1 Ba Barcelona)(036)

EDITION: Ajuntament de Barcelona (Barcelona City Council) Sector de Promoció Econòmica (Economic Promotion Division) Carrer Avinyó, 7, 1r 08002 Barcelona, Spain Tel. +34 934 027 478

CIDEM (Centre for Innovation and Business Development) Passeig de Gràcia, 129 08008 Barcelona, Spain Tel. +34 934 767 200

COORDINATION: Xavier Borrell and Isabel Carranza (Barcelona City Council) Fina Sancho and Elisabet Forga (CIDEM)

ACKNOWLEDGEMENTS: Cuatrecasas and Clifford Chance Law Firms

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B. 000 00 000 Barcelona, March 2006 No. of copies. 2.500

2 BARCELONA, A GOOD INVESTMENT A practical Guide to doing Business in the City

arcelona is an open, tolerant and arcelona is moving towards the “laboratory cosmopolitan Mediterranean city full city” model. This refers to a city where new Bof light; a remarkable urban space Bideas and concepts are emerging, a city with a strong personality. The atmosphere which is competitive not in terms of production transmitted by the city encourages creation costs but in innovation and creativity, where pro- and innovation, turning Barcelona into one of ducts are designed or improved, and where the the European cities with the highest potential for developing new atmosphere, diversity and range of uses promote the creation and trans- generation activities. In the current globalisation framework, it is fer of knowledge. Barcelona, cutting-edge, dynamic and entrepreneurial, precisely these characteristics which provide value to the city and sets trends. With its long industrial tradition, the Barcelona area is a very differentiate it from the rest: it is this personality, both cosmopolitan important foreign investment attraction centre, especially for industry and with a great international vocation, and strongly rooted in its local advanced services. 25% of foreign investment in Spain is concentrated aspects, which attracts our visitors and keeps them here. here, with 2,700 registered businesses, most of them in Barcelona city. There is a constantly growing number of forward-looking companies Faced by growing international competition, Barcelona and its which choose to set up in Barcelona, and we are proud to observe that, surrounding area, with its population of 4.6 million, is one of the once established among us, their expectations are fully met. And the most important economic metropolises and has become international perception of Barcelona's potential as a new economy city is consolidated as one of the main European capitals for business. A also growing in importance. city which boosts its own personality and diversity and encourages talent and creativity; a laboratory where ideas are conceived and a This has been shown by many international economic indicators, such significant creative community which attracts and receives the best as the recent Paris Chamber of Commerce study placing Barcelona's companies and professionals is brought together. Its great area of influence as the second most appealing region for foreign international projection, privileged geographical situation and investment, second only to London; or the annual study conducted by accessibility, added to the complex business network in its area, British consultancy Cushman & Wakefield Healey & Baker placing make it a very appealing location for business. Barcelona as the fifth best city for business in Europe and the top city in Europe in terms of progress. Barcelona is now reinventing itself, its eyes on the future, with an urban and economic transformation which will provide over 7 million square But Barcelona isn't just a city for working; it's a city for living. With its metres for new economic activity. The urban reform projects which are stable climate, its openness to the sea, a magnificent selection of defining our future will enable us to improve access to the city, as well as culture and leisure options, a broad network of education and research its connections and communications, increase the offering and services institutions at every level, a prestigious health service accessible to available to businesses, and improve quality of life for all citizens. All urban everyone, and a serious commitment to sustainability, Barcelona has projects currently in progress are increasing Barcelona's appeal and the best quality of life in the whole of Europe. We are introducing the consolidating the city as the main urban centre in the west first edition of the Guide to Barcelona, a Good Investment, jointly Mediterranean. The following are particularly noteworthy due to their size: prepared by the Economic Promotion Sector of Barcelona City Council the transformation of the Poblenou industrial district, the new 22@bcn and Centre for Innovation and Business Development (CIDEM) of the technology district, the arrival of the new High Speed Train, the Delta Plan Catalan Government's (Generalitat de Catalunya) with the aim of - with extensions to both the port and the airport - and the extension of offering useful and practical information to everyone wishing to invest the International Trade Fair (Fira Internacional), as well as the new and do business in Barcelona and become acquainted with its many conference centre with capacity for 15,000 delegates. charms.

We hope that this new guide will help make the decision to settle in Barcelona easier, as well as accelerate the process of establishing a new economic activity.

Jordi Portabella Joan Clos Second Deputy Mayor of Barcelona Mayor of Barcelona

atalonia is a privileged part of spite of its small size, Catalonia has a Catalonia offers Europe for business activities. great variety of cultural activities and companies CCountless multinationals from venues. It also provides a first rate making a around the world, specialised in various environment both for living and for commitment to sectors, have chosen Catalonia to business. This helps keep company our territory the conduct their business activities. staff satisfied and stable. perfect balance between a high Barcelona City Council and the Centre According to a study conducted by quality communications infrastructure, for Innovation and Business Cushman & Wakefield Healey & Baker, an excellent university and research Development (CIDEM) have joined Barcelona is the best place for quality of network, highly qualified labour force, a forces to create this publication which is life, a position it has maintained since wide range of suppliers and an enviable intended as a basic and simple advice 1996. Its quality of life and the quality of life. and guidance tool for anyone perception of the Barcelona area as a considering starting up a business in creative and cosmopolitan environment The Centre for Innovation and Business Barcelona. This guide is structured in are valued as strong points for attracting Development (CIDEM), an organisation outline, in order to give you a general and retaining talent and knowledge. belonging to the Generalitat's Ministry of idea of the steps to be taken into Proof of this is provided by the recent Employment and Industry, provides account when starting up a business. At trend of international entrepreneurs professional and confidential support, the end of the guide, you will find the choosing Barcelona for a new economic ranging from planning to websites and useful addresses you can activity. In the intensive globalisation implementation, to all companies use to obtain more detailed information process undergone in recent decades wishing to invest in Catalonia, through on each step. We have also included a by the international community, the Catalonian Investment Agency list of the main incentives and subsidies Catalonia has been able to establish (ACI). It also provides ongoing help for available to businessmen and itself as the ideal location for setting up future needs. The agency, which has its entrepreneurs. large multinational companies. As a headquarters in Barcelona, a branch in result of this investment process, Madrid, and foreign offices in New York Catalonia attracts a lot of investment, Catalonia has become consolidated as and Tokyo, offers its help and advice particularly for industry and advanced one of the most dynamic regions in services tailored to the needs of services. This has been shown by the Europe in terms of attracting companies which are considering fact that already established companies multinationals: there are currently 3,000 settling in Catalonia or expanding their often make a strategic commitment, such companies in Catalonia (600 of existing business in this region. The carrying out new investments in order to which are industrial businesses). Agency's mission is to boost financially make their subsidiaries evolve towards and technologically sound productive higher value added activities. The main Conscious of the importance and business investments in Catalonia, reason for this is the high satisfaction positive effects of foreign direct creating wealth and high quality, stable level of companies already operating in investment (FDI), and making use of its jobs. We must direct all our efforts to Catalonia. Barcelona and its exclusive powers in the industry context, attracting new projects, in the form of surrounding area, with its population of the Generalitat has put into practice an productive, strategic and innovative 4.3 million, constitutes one of the main active policy of encouraging business investments, to our territory. economic metropolises in Europe, investment in Catalonia. We are also aiming to attract not just the best making a serious and clear We look forward to welcoming you to businesses but also the best commitment at the Generalitat to boost Catalonia. professionals, who are the ones who will our companies' research, development generate wealth and increase and capacity for innovation. We want to productivity. Catalonia's well-being and place Catalonia in a top position in development are at European levels. In Europe.

Jordi Carbonell i Sebarroja Secretary of Industry Ministry of Employment and Industry Generalitat de Catalunya

BARCELONA, A GOOD INVESTMENT A practical Guide to doing Business in the City

CONTENTS

1 ECONOMIC PRESENTATION: 1.1 I Ten Reasons to Invest in Barcelona 09 1.2 I Main Economic Indicators 10 1.3 I Location and the Property Market 17 1.4 I Trade Fairs and Conferences 22

2 HOW TO START A BUSINESS IN BARCELONA: 2.1 I Types of Business Organisation 25 2.2 I Steps For Starting Up a Business 27 2.3 I Tax Regime, Tax and Allowances 29 2.4 I Work and Residence Permits 32 2.5 I Employment Regime 35 2.6 I Incentives and Subsidies and Financing 39

3 USEFUL ADDRESSES: 3.1 I By Topic 43 3.2 I In Alphabetical Order 44

1. ECONOMIC PRESENTATION

TEN REASONS TO INVEST 1.1 IN BARCELONA

Barcelona offers very diverse elements which make it a really appealing place to live, work and do business. The city is now a very interesting place for new economic activity, as shown by some of the good reasons to invest in it.

1. Strategic geographic location 4. Successful foreign public transport. The city is surrounded by nature reserves. Two hours by road from France and one investment day from the main European cities. A It is the fifth best city for business in southern door to Europe, with its own Europe and accounts for 20% of annual 8. Large progressive city port, airport, Zona Franca, logistics foreign investment in Spain. There are planning projects parks, international trade fair centre and 2,700 foreign companies established The largest city planning and the city within a radius of 5 kilometres. here, with a satisfaction level of 97%. infrastructure transformation. Llobregat Barcelona is also becoming consolidated Area: a commitment to logistics and as a centre for multinational companies' internationalisation, with the port and 2. Complete transport European divisions. airport extensions. Besòs Area: urban infrastructure renewal, sustainability and research A motorway network connected to 5. An internationally centres. La Sagrera-Sant Andreu: the Europe; the fastest-growing airport in acknowledged location arrival of high speed trains. Poblenou Europe; Spain's leading port and the lar- Barcelona has some of the highest 22@: the new technology and innovation gest container port in the Mediterranean; positions in several international district. Two new districts: La Marina and an extensive underground and overland rankings, which rate its urban reality, its El Besòs, with a combination of train and bus network; High Speed ability to attract foreign capital, its residential premises and economic Trains planned for 2007 and a connec- entrepreneurial nature and the quality of activity. tion with the European network in 2009. life enjoyed here very highly. 9. A Competitive set of available 3. The centre of a large, dynamic 6. Human resources prepared properties and diverse economic area for the future A large number of offices, commercial 4.6 million people live in the Barcelona A great responsibility ethic, high premises and industrial buildings with area. It is the capital of Catalonia, with a productivity (one of the highest in excellent value for money. The population of 7 million, and the centre of Europe, according to the OECD), five construction of residential buildings is public universities, two private the Mediterranean Basin, a large also on the rise. economic area with 18 million universities and four business schools inhabitants. It accounts for 70% of (ESADE, IESE, EADA and IESKA), 27 Catalonia's GDP. Its growth in 2004 was international schools, great new 10. Unique private-public 3.1% of GDP, above the Spanish and technology penetration, and a favourable cooperation European average, and it is the sixth disposition towards innovation and Barcelona City Council and the Catalan largest urban agglomeration, as well as creativity. Government have made a serious the fifth largest industrial concentration, commitment to business. The success of in Europe. 7. Excellent quality of life the traditional private-public cooperation has been key to Barcelona's The top European city for quality of life. A stable climate, sunshine, beaches, ski, a transformation. generous range of culture and leisure activities, a network of 4,500 education In the following pages, you will find more institutions, a modern and accessible detailed information on Barcelona's health service, easy access and travel by economic reality. 9

MAIN ECONOMIC 1.2 INDICATORS

1.2.1 BASIC INFORMATION activity in southern Europe, a city's population, a very close ABOUT THE CITY Mediterranean arch including the percentage to other European cities Balearic Islands, the Autonomous such as Madrid, Copenhaguen and Regions of Valencia and Aragon, and Hamburg among others, and higher Location southeast France. than the Spanish average of 8.4%.

Barcelona is one of the largest cities Barcelona metropolitan area is the The immigration of the last ten years in Europe. It is the centre of a large sixth largest urban agglomeration, as has brought to the city of Barcelona a metropolitan area of over 217 well as the fifth largest industrial very significant increase in the municipalities with 4.6 million concentration, in Europe. number of languages spoken in it. inhabitants. It is the economic, The current language situation is 223 cultural and administrative capital of Demographically, the city of languages from 190 countries, a level Catalonia, which is located in Barcelona is constantly growing richer of diversity which promotes an northeast Spain on the Mediterranean and more diverse; with 160 increasingly open and tolerant shore. nationalities in 2004. metropolis.

It is at the forefront of a 17-million- Barcelona currently has over 230,000 inhabitant emerging area of economic foreign residents. This is 14.6% of the

AREA AND POPULATION (2005)

Population Area (km2) Density (inhabitants/km2)

Barcelona 1.578.546 101 15.671

Metropolitan area 4.673.648 3.236 1.427

Catalonia 6.813.319 31.895 210

Spain 43.197.684 505.988 84 Oslo Stockholm TION Source: Barcelona City Council and the Spanish National Institute of Statistics (INE) A

Copenhagen

EVOLUTION OF FOREIGN POPULATION Dublin

Amsterdam Berlin January 2005 % of the total foreign population London Brussels Europe 52.835 22,9 Frankfurt Prague Paris Vienna Asia 36.810 15,9

Geneva Africa 20.818 9 Milan

America 120.197 52,1

Rome Australasia 282 0,1 Barcelona

Total number of foreigners 230.942 100 in Barcelona

10 Source: Barcelona City Council 1. ECONOMIC PRESENT

GDP

GDP at market prices medium-sized companies (SME, known and inter-annual variation rate EU 25 EU 15 SPAIN CATALONIA in Catalan by the abbreviation PIME), (2000 base index) representing 99.7% of all companies. GDP (2004) (in millions of euros) 10.218.488 9.743.054 837.557 157.124 Employment Annual growth rate in real terms. 2,4 2,3 3,1 3,1

GDP per capita (2004) Recent years have shown a very positive (in millions of euros) - 25.281 19.637 23.542 picture of Barcelona’s job market. Both Sources: Spanish National Institute (INE), Institut d'Estadística de Catalunya (IDESCAT), Eurostat activity and employment rates grew, boosted by demographic growth and good economic and business prospects, Historically, Catalonian economy has In parallel to the process of moving a and the job market picked up with an been one of Spain’s main economic large portion of the industrial sector to the increase in the number of employed drivers and is still the autonomous region metropolitan conurbation, the industry workers registered with the Social with the highest Gross Domestic Product remaining in the central area has Security system. Specifically, 25,000 (GDP) in absolute terms. In recent years, strengthened its conversion to high value new jobs were created in Barcelona in it has followed a trajectory of expansion, added industry. It is formed by new 2003 and 2004, of which 39% were in and short term growth forecasts are economic activities of an industrial high value added sectorst. positive. nature with branches such as environmental services, culture The gradual incorporation of legal industries, the media, air transport and immigrants in recent years and the 1.2.2 A DIVERSIFIED others with great growth potential. increase in female employment and ECONOMIC Specifically, in the 2000-2004 period, the activity rates, following the growing STRUCTURE amount of medium and high-tech tertiarisation of the production network of industry in Barcelona and its the city and its metropolitan area have metropolitan area increased by up to been two very significant factors in the Activity by sector 11.2% and 35.8% respectively. In the boost of this expansion trend. services sector, especially in tourism- The city’s wealth and development have related services, high value added Barcelona's tertiary sector is growing in a traditionally been based on trade and occupancy has increased by over 33%. clearly entrepreneurial manner, as manufacture. At the moment, the shown by the fact that the strongest economic activity’s structure is Business structure increase in the last three years has been characterised by the dominance of the in the number of registered self- services sector and the maintenance of a Barcelona has a large business network employed, especially in the new significant industrial base in the whole of very similar in structure to the European technologies sector. the metropolitan area. one. There are over 417,000 small and The unemployment rate in 2004 was 6.2%, noticeably lower than that of Catalonia, Spain and the European STRUCTURE OF THE AFFILIATION TO THE SOCIAL SECURITY GENERAL SYSTEM Union. ACCORDING TO BIG SECTORS (% /TOTAL) . 4TH QUARTER 2004.

Barcelona Catalonia Spain 1.2.3 FOREIGN INVESTMENT Agriculture 0,2 0,4 0,5 IN BARCELONA Industry 13,0 22,6 18,0 The Barcelona area is a very important Construction 5,2 9,2 11,9 foreign investment attraction centre, Services 81,6 67,8 69,6 especially for industry and advanced services. This can be seen in many TOTAL 100,0 100,0 100,0 international economic indicators, such Sources: Spanish National Institute (INE), Institut d'Estadística de Catalunya (IDESCAT), Eurostat as the annual study conducted by British 11

12 operating intheBarcelonaarea. level (97%)ofcompaniesalready reason forthisisthehighsatisfaction higher valueaddedactivities.Themain make theirsubsidiariesevolvetowards through newinvestmentsinorderto often makeastrategiccommitment Already establishedcompaniesvery thus raisingitoneposition. the fifthbestcityinEuropeforbusiness, in its2005edition,namedBarcelonaas Healey &Baker, which,forthefirsttime consultancy firmCushman&Wakefield rwhrt n20/04 25% 44,3% 15,57% Percentage inrelationtothetotalforSpain: Growth ratein2005/2004. 30.022.220.000€ Foreign InvestmentinCatalonia(1sthalfof2005) Percentage inrelationtothetotalforSpain: Foreign InvestmentinCatalonia(1994-2004) City Council,CIDEM,2004. Source: ForeignInvestmentintheBarcelonaArea(Lainversióestrangeraal'àreadeBarcelona). Barcelona:Barcelona Catalonia Metropolitan area Barcelona Number ofForeignCompaniesin2004 Barcelona CityCouncil,CIDEM, 2004. Source: ForeignInvestmentintheBarcelonaArea (Lainversióestrangeraal'àreadeBarcelona).Barcelona: services suchasadministrative,financial reference forattractinghighlyspecialised The Barcelonaareaisstilladestinationof 3%. for 42%,andconstructionanother industries. Theservicessectoraccounts the chemical,pharmaceuticalandcar in Barcelona’s economicareabelongto foreign companiesofanindustrialnature Barcelona’s economicarea.Over50%of American companiesinSpainare 50% ofallGerman,FrenchandNorth 70% ofallJapanesecompaniesand 2.915 2.698 1.340 T English names customer callcentres,alsoknownbythe to design,knowledge,distributionand businesses oflargemultinationalsrelated the city, offinancialactivitiesand decided topromotetheestablishment,in to boost.ThisiswhyBarcelonahas and forward-lookingusesthecitywants These aresomeofthesectors,activities industry consumer electronicsandthecar sectors, suchasprofessionaland and designcentresinthemostvaried centres, softwaredevelopmentcentres centres, researchanddistribution creating managementandservices growing flowofinvestmentaimedat Barcelona isatthereceivingendofa independent unitsindifferentterritories. to becomenetworkstructureswith process beingundergonebycompanies centres areattheforefrontofcurrent and marketingservicescentres.These Relationship Management. rends . Call CentersorCustomer

1. ECONOMIC PRESENTATION

1.2.4 AN INTERNATIONALLY RECOGNISED LOCATION

Barcelona has some of the highest entrepreneurial nature for business positions in the various international and the quality of life enjoyed here rankings, which rate its urban reality, very highly. its ability to attract foreign capital, its

BARCELONA, TOP 10

The European city which best promoted itself at an international level to attract Cushman & Wakefield Healey & Baker. foreign investment in 2005.

The fifth best city in Europe for investing and doing business in 2005. Cushman & Wakefield Healey & Baker.

The city with the best quality of life in Europe in 2005. Cushman & Wakefield Healey & Baker.

Barcelona, the second most attractive European area for foreign investment in 2004. Chambre de Commerce de Paris.

Best European city for investing in 2004. FDI, Foreign Direct Investment. (Group Finantial Times)

The European city which has advanced most in recent years (2005). Cushman & Wakefield Healey & Baker.

The European city of the future in 2004. FDI, Foreign Direct Investment. (Group Finantial Times)

Best European city for transport in 2004. FDI, Foreign Direct Investment. (Group Finantial Times)

One of the cities with the best growth prospects in Europe in 2002-2006. ERECO European Economic Research Consortium.

One of the cities with the most competitive cost of living in 2004. UBS

INTERNATIONAL COMPARISONS 2005

CITY FOR QUALITY FOREIGN GROSS VALUE INTERNATIONAL SCIENTIFIC OVERNIGHT COST BUSINESS OF LIFE INVESTMENT ADDED MEETINGS PRODUCTION STAYS OF LIVING RECEIVED FORECASTS ORGANISED

1 LONDON BARCELONA LONDON WARSAW PARIS LONDON LONDON LISBON

2 PARIS PARIS PARIS BUDAPEST VIENNA PARIS PARIS LYON

3 FRANKFURT STOCKHOLM LYON DUBLIN GENEVA MOSCOW DUBLÍN HAMBURG

4 BRUSSELS MUNICH COPENHAGUEN ATHENS BRUSSELS BERLIN ROMA BIRMINGHAM

5 BARCELONA MADRID MOSCOW MADRID LONDON ROME MADRID MADRID

6 AMSTERDAM ZURICH BARCELONA PRAGUE BARCELONA MADRID BERLIN BARCELONA

7 MADRID GENEVA STOCKHOLM STOCKHOLM COPENHAGUEN CAMBRIDGE BARCELONA BRUSSELS

8 BERLIN OSLO BUDAPEST HELSINKI BERLIN MUNICH VIENNA ATHENS

9 MUNICH DUBLIN PAS-DE-CALAIS BARCELONA ROME BARCELONA PRAGUE GLASGOW

10 ZURIC VIENNA DUBLIN BIRMINGHAM STOCKHOLM MILAN AMSTERDAM BERLIN

Font: Cushman Cushman Ernst & Young ERECO Union Catalonia Tourism Mercer Human & Wakefield & Wakefield of International Polytechnic Marketing Resource Healey & Baker Healey & Baker Associations University Information Consulting System 13

14 www French, German,ItalianandJapanese. teaching infivelanguages:English, 27 suchschoolsintotal,providing foreign curriculumsinthecity. Thereare anyone wishingtodosopursue city anditssurroundings,enabling There areseveralforeignschoolsinthe International schools and students. of numberuniversities,qualifications first classuniversitydestinationinterms Barcelona hasconsolidateditselfasa Information Society. General forEnterpriseandthe European Commission’ their innovativeinitiativesfromthe which havereceivedseveralawardsfor transfer centreslinkedtotheuniversities In addition,thereareeleventechnology business schoolsofinternationalrenown. The cityhaseightuniversitiesandseveral Universities andhighereducation education needs. solution todifferentsituationsand study possibilitiestoprovideaneasy offers averycomprehensiveselectionof The networkofeducationcentresnow to continuallyimprovequalityinthisarea. tradition, Barcelonaisverywellequipped Thanks toitssignificanteducation CLASS 1.2.5 FIRST .cidem.com/catalonia/cat/com/adreces/escoles/index.jsp ACADEMIA EDUCATION AND INTERNATIONAL s Directorate- itself. maintained beachesinthecitycentre in thewinter, andhas7kmofwell between 23ºCinthesummerand9º mountains, enjoystemperaturesof city, locatedbetweentheseaand and businesspeopletoBarcelona.The quality oflifearekeytoattractingtourists and leisureoptionsonofferthe Its Mediterraneanclimate,theculture demanding cultureandurbanquality. the enjoymentofexpressivenessa coexisted withtheartofgoodlivingand competitive spirithasforcenturies entrepreneurial, commercialand diverse city, whoseprofound Barcelona isadynamic,modernand 1.2.6 QUALITY OFLIFE:A Source: BarcelonaUniversity Centre(BCU),2004 UNIVERSITY DA EK uiessho www.ieska.com www.eada.edu Businessschool www.esade.edu Businessschool Businessschool www.uoc.edu www.uao.es www.url.edu www.uic.es IESKA Private EADA www.upf.edu Private ESADE Private Private IESE www.upc.edu Catalonia OpenUniversity(UOC) Public Catalonia InternationalUniversity(UIC) Web Abat Oliba–CEUUniversity Public Ramon LlullUniversity Type Pompeu FabraUniversity(UPF) Catalonia PolytechnicUniversity(UPC) Barcelona AutonomousUniversity(UAB) Barcelona University(UB) Name oftheOrganisation oeg tdns 11.221 204.000 Foreign students. 393qualifications University students. First andsecondstageinternalapproved universitydiplomas. LIVE IN CITY TOVISITAND T A FORACADEMICYEAR2003-2004 occupational riskprevention,anda businesses, respectforqualityand a highenvironmentalcommitmentfrom private services(education,health,etc.), All this,addedtofirstclasspublicand projection. which hasreachedclearinternational century, withanewurbanarchitecture progressive naturefromthelate20th Gaudí, hasbeenassertingitsopenand Modernista architectureandworksby The city, sofullofgreatexamples the worldwitheightWorld Heritagesites. monumental heritage.Itistheonlycityin inheritance ofitsarchitecturaland great citywhichbringstodailylifethe festivals heldthroughouttheyear. Itisa screens andcountlessconcerts museums, 46libraries,over200cinema valued culturaloffer:46theatres,41 In addition,Barcelonahasahighly Business school Public Public www www www .iese.edu .uab.es .ub.edu

1. ECONOMIC PRESENTATION

public transport system combining District 22@ research, linked to the new production quality and price, make Barcelona a very and business activity. It is in the new appealing city both for living in and for A project to transform the industrial Avenida Diagonal extension area, on the doing business. district of Poblenou into an innovative coastline and the right bank of the River production district, in the heart of the city, Besòs. This campus, which is promoted International comparisons offering modern spaces for strategic by the Barcelona 22@ innovation and concentration of intensive knowledge the large transformation being Barcelona’s international renown for the activities. This initiative is both an urban undertaken in the Besòs area, will help quality of its city life and the gradual renewal project and a new city model in polish and modernise the current urban internationalisation it has achieved has answer to the challenges of the grid. been consolidated in recent years. This is Knowledge Society. so to the point that it was chosen European city with the best quality of life 160.000 square metres devoted to a new approach to knowledge spaces. for the seventh consecutive year in the Scope: 200 hectares.

2005 European ranking published by 3.200.000 square metres of production spaces. Cushman & Wakefield Healey & Baker (C&W H&B). 220.000 square metres for new facilities and green areas. Barcelona Biomedical Research On the other hand, Mercer Consulting’s 4.000 new subsidised flats and houses. Park ranking of the most expensive cities in An estimated 130,000 new jobs. the world placed Barcelona in 56th This initiative is promoted by the place, and the Union de Banques An economic potential of €12,000 million for Catalonian Government (Generalitat de Suisses (UBS) placed it in 27th place in the whole operation. Catalunya), Barcelona City Council and its study taking into account citizens’ + www.bcn.es/22@bcn Pompeu Fabra University, and aims to income level on the basis of salaries. place Barcelona at the forefront of Besòs Inter-University Campus European transnational biomedical In summary, Barcelona is in a place of research. It is a science project involving preference in terms of economic activity This relates to the creation of an inter- both basic and applied research, in a and business attraction, while university campus for teaching and 50,000 square metre space, able to consolidating itself as a fantastic European tourist destination offering both visitors and residents modern and inclusive city planning with a high quality of life.

1.2.7 NEW CITY PLANNING PROJECTS

Barcelona is in the middle of the largest city planning transformation in its recent history. The city planning and infrastructure projects recently undertaken and currently in progress are shaping the 21st century city, where economic growth, the maintenance of competitiveness and job creation will affect citizens’ lives. Later is a description of some of the most emblematic projects:

provide answers with perspectives Sagrera-Sant Andreu plan ranging from molecular to population 40 million passengers per year. This is a city planning transformation levels. 90 operators at the busiest times and 400,000 operations per year. project covering a large area of 50.000 square metres. Barcelona. It includes regulating the 500.000 tonnes of goods per year. railway infrastructures in the north of 80 research groups. 250-hectare services area. the city, building the new La Sagrera 1.000 professionals, scientists and highly High Speed Train central station and qualified technicians. + www.aena.es carrying out city planning + www.prbb.org improvements on five districts around Port extension the new rail complex, which will involve covering the tracks and Work on the extension of Barcelona port Airport extension creating a large linear park of over 4 began in late 2001 with the placing of the kilometres in length connecting the The airport extension project is first stone of the east pier. When this is districts of Sant Andreu-La Sagrera to coordinated through the Airport Master completed, the port’s area and Sant Martí. The details of the plan are: Plan, which provides for the regulation of infrastructures will have doubled, activities in the airport premises and the enabling it to double its goods traffic too. completion of the new passenger and One of the port's main appeals will be Total area: 163 hectares (98 hectares of cargo terminals and of the whole airport multi-access, thanks to the new road and offices and housing; 53 hectares of green areas, and 12 hectares of facilities). in general. rail access, the arrival of the European track width and the close proximity of the Construction of 8,000 new dwellings, offices and commercial premises.. The aim is to turn Barcelona El Prat airport. This extension, which will be TION completed in 2010, will make it possible airport into an international connection +www.bcn.es/urbanisme/tav A airport which will be able to meet the for the port to become the main logistics centre in Southern Europe. growing demands forecast between now For information on other projects for and the 2025 horizon. The main actions Barcelona and its environs, visit: envisaged by the Plan by 2007 are: 1.265 hectares of land surface area (currently www.bcn2000.es. renovation and refurbishing of the 558 hectares).

current terminal area, building the third 786 hectares of sea area (currently 374 runway and extending the existing one, hectares). the new South terminal, road and rail 265 hectares of logistics areas (currently 65 access, the services area (air cargo hectares). centre and aeronautical park), and + www.apb.es environmental action.

16 1. ECONOMIC PRESENT

LOCATION AND 1.3 THE PROPERTY MARKET

1.3.1 OFFICES AND BASIC INFORMATION RELATING TO OFFICES

COMMERCIAL m2 PREMISES Office space 4.906.634

Barcelona’s business spaces – over 12 Contracted surface area 413.000 million square metres of industrial areas Available space 295.000 and around 4,500,000 square metres of total office floor space – enable business Non-occupancy rate 6 % activities to grow and develop with Minimum and maximum rent prices (€/m2/month). 8,5 / 23,5 excellent value for money, especially with regard to offices. Source: Jones Lang Lasalle. 2005

OFFICE MARKET ZONING IN THE BARCELONA AREA

Sant Cugat Vallès Occ.

Sant Just Desvern Sant Joan Despí

Cornellà

Mas Blau

Zona Franca

Traditional central area Traditional business district Traditional secondary central New central districts Inner periphery Barcelona city. Barcelona city. zone Barcelona area. Barcelona area. Avenida Diagonal and City centre and central Barcelona city. Gran Via l’Hospitalet, Diagonal Zona Franca, Mas Blau, Passeig de Gràcia. Eixample area. Left and right Eixample, Mar, 22@, Olympic Village and Sant Cugat Business Park, boundary areas. Port. Cornellà, Cerdanyola and 17 Viladecans.

E-1 18 E-1 E-1 AVERAGE PRICESFORINDUSTRIAL BUILDINGSANDPREMISES Source: ForcadellandKing Sturge. Source: Developedin-housebasedondataprovidedbyGlobalPropertyAlliance,KingSturgeandBarcelonaCityCouncil BASIC INFORMATION RELATING TOCOMMERCE Industrial landtotal sale price(€/m Industrial buildingsaleprice(€/m Industrial buildingrentprice(€/m T o-cuac ae7,8% 39.388 A Non-occupancy rate • Retail(73,4%) • Wholesale(26,6%) Number ofcommercialestablishments ZONING OFBARCELONA'SINDUSTRIALOFFERING SHOPPING STREETSANDDISTRICTSINBARCELONA otal averagesaleprice(€/m verage rentprices(€/m E -1 C-2 C-1 2 /year) 2 ) B-3 A-1 B-1 C-3 2 2 1.175 ) mnh 7,1 /month) 2 ) A-2 E-1 A-3 B-2 B-5 B-4 C-4 D-1 D-1 E-1 D-2 14.280 53.668 707,5 2.000 600 Second ring Zona E V Zona B Barcelonès, Baixllobregat Zona A different offeringfromthecitycentre. are generallyshoppingareaswitha with highconcentrationsofshops.They throughout thecity. Theyarecityareas open airshoppingdistrictsspreadout over 163,000jobs.Barcelonahas17 represents 15%ofthecity’s GDPand than thepreviousyear. Thisfigure rose to€32,664million,6.2%higher In 2004,commercialsectorturnover trading city. record asasuccessfulMediterranean addition, Barcelonahasinheritedatrack good economicdevelopment.In Barcelona’s inhabitantsandthecity’s which bestreflecttheopenmentalityof commercial sectorisoneoftheactivities important roleinBarcelona’s history. The Commerce hasalwaysplayedavery Commercial premises warehouse andresidentialpremises being convertedtomixedoffice, to Barcelonacitycentreisgradually indicates thattheindustriallandclosest main roadarteries.Thegeneraltrend area offersnewopportunitiesaroundthe with newindustrialland,themetropolitan the limitsonincreasingthisavailability over 12millionsquaremetres.Inspiteof activities intheMediterraneanBasin: most realpropertyavailableforindustrial Barcelona isoneofthecitieswith LAND 1.3.2 INDUSTRIAL allès Orientalandothers AND BUILDINGS Maresme andothers Zona D V Zona C allès Occidentalandothers

1. ECONOMIC PRESENTATION

RENT COMPARISON. BUSINESS SPACES IN THE MAIN URBAN AREAS OF THE WORLD (2004)

RENT Offices €/m2/year Commercial spaces €/m2/year Industry €/m2/month

Amsterdam 345 1.600 65

Athens 320 3700 85

Barcelona 260 600 80

Beijing 175 1.349 125

Berlin 288 2.280 72

Birmingham 418 4.732 91

Brussels 280 1.300 68

Buenos Aires 90 190 35

Chicago 270 1.321 104

Dublin 516 6.000 120

Hong Kong 461 3.664 45

London 908 7.882 190

Madrid 280 720 85

Manchester 396 5.047 84

Miami 265 209 74

New York 435 2.573 106

Paris 670 8.000 61

San Francisco 240 739 104

Shanghai 315 1.125 45

Taipei 172 1.059 136

Tokyo 720 575 138

Washington 370 530 116

Source: Global Aliance Property 19

20 Source: Municipal HousingT 1.3.3 AVAILABLE RESIDENTIALPROPERTY atMrí36637011.15 9,65 9,75 3.700 11,21 9,93 3.364 3.121 12,93 3.636 12,9 4.006 3.581 3.359 3.350 10,4 4.402 4.335 Sant Martí 3.430 4.906 Sant Andreu 4.393 Nou Barris 7.856 3.900 RENT Horta -Guinardó Gràcia Sarrià -SantGervasi 4.200 Newlybuilt€/m Les Corts Sants L'Eixample Ciutat Vella SALE Districts Reference prices(2005) HOUSING BYDISTRICT vrg o acln .9 .1 10,91 3.813 4.493 Average for Barcelona rust (Patronat Municipaldel'Habitatge) 3.827 5.276 Sants -Montjuïc Les Corts 2 Sarrià -SantGervasi Second hand€/m 3.573 4.139 L’Eixample Ciutat Vella 2 Average €/m 11,24 10,56 Gràcia Horta -Guinardó 2 growth: around7.6%. hand, hasexperiencedamoremoderate 20.6%. Therentalmarket,ontheother increased itssalepricebyaround this newresidentialconstructionhas available, mostlyfreefromotheruses.All outskirts, whichhavemoreland construction hasfocusedonthe increased by10.1%.Residential dwellings availableinBarcelona dwellings inthemarket.Thenumberof 2004 sawanupturninthenumberof Sant Martí Sant Andreu Nou Barris

1. ECONOMIC PRESENTATION

1.3.4 LOCATION Name / type Description Web address

Barcelona City Council, through the International property The main international estate agents consultants. operating in Barcelona offer a wide Economic Promotion Sector (Sector de range of locations * Promoció Econòmica), and the Centre and services. for Innovation and Business Company 22@bcn. State-owned organisation which www.bcn.es/22@bcn Development (CIDEM), provide help and manages the conversion of the district of Poblenou into a technology advice to find spaces for economic district. It provides information on activities. There are also various commercial premises and offices in the area. companies, institutions, guidebooks and websites to help you find different types Pacte Industrial de A BCN metropolitan area organisation www.pacteind.org of property (offices, commercial la Regió Metropolitana. providing information on in dustrial buildings & commercial premises. premises, industrial land and buildings and residential properties). Later is a list Cimalsa. Integrated Centre for Logistics Activiti- www.cimalsa.es es and Goods), a State-owned organi- of some of the main ones. sation which promotes infrastructures and facilities relating to logistics and transports

Col·legi d'APIS. Official Estate Agents’ Association for www.apibcn.com Barcelona city and province.

Col·legi d'Administradors Professional Association of Property www.coleadministradors.com Administrators for Barcelona and Lleida.

Business centres. Barcelona and its surrounding area have a wide range of business centres with all kinds of spaces and services * for businesses

Business incubators. Aimed at entrepreneurs with a viable www.barcelonactiva.es business project who wish to start a company and set up in the city.

Relocation companies Companies which offer all kinds of services to help foreigners settle into the city. *

Real estate guidebooks Offices and commercial and residential and portals premises are also marketed by means of classified advertisements in news- papers, property supplements in news- papers and magazines, specific adver- * tising by estate agents, and also through real estate portals on the Internet

21 * Address lists are available from Barcelona City Council and CIDEM.

22 3.5 millionvisitors.In2004,tradefair- over 30,000exhibitingcompaniesand Every year held. Europe intermsofnumberevents whole ofSpainandonethetopfivein this istheleadingsuchcentrein creation almostonehundredyearsago, of thecity’s commercialactivity. Sinceits de Barcelona,whichisoneofthedrivers activities heldinthecitytakeplaceatFira Most ofthetradefairandconference 1.4.1 Source: BarcelonaT CONFERENCES ANDPROFESSIONALMEETINGS(2004) ovnin n netvs 7 ovnin n netvs 166.627 Conventionsandincentives Numberofparticipants 772 T 193.708 Conferences, seminarsandcourses Conventions andincentives 374 Conferences, seminarsandcourses Number ofmeetings otal 1.4 BARCELONA) FAIR (FIRADE BARCELONA TRADE , FiradeBarcelonawelcomes ourism Board,2004. CONFERENCES TRADE F AIRS AND 1146 T largest inEurope square metres,makingitthesecond the centrewillcoveranareaof355,000 When thecurrentextensionisfinished, centres: Montjuïc-1andMontjuïc-2. Fira deBarcelonaisformedbytwolarge (caravans), andSalóNàutic(boats). Graphispag (graphics),Caravaning l'Automòbil (cars),Hispack(packaging), (audio andphotography),Salóde (food anddrinksector),Sonimagphoto European tradefairranking:Alimentaria de Barcelonaareinthetopplacesof more than70showsorganisedbyFira euros ofinducedeconomy. Someofthe related activitiesgenerated2,000million tl360.335 otal and incentivetrips. organisation ofconferences,meetings information andadvicefor the Convention Bureauprovidesallkinds of Centre). Inaddition,theBarcelona Catalunya (CataloniaConvention and thePalaudeCongressos International ConventionCentre(CCIB) Centres), thenewBarcelona - theConferenceandConvention Congressos andCentredeConvencions Fira deBarcelonafacilities(Palau conventions inthecity for organisingconferencesand in thisarea.Fromthespacesavailable some datashowingtheactiveeconomy market. Theattachedtablecontains conference andconventiontourism seventh placeintheworld Union ofAssociations,Barcelonaisin According todatafromtheInternational 1.4.2 CONFERENCES, MEETINGS PROFESSIONAL CONVENTIONS AND , ithighlightsthe

1. ECONOMIC PRESENTATION

FIRA DE BARCELONA CONFERENCE AND BARCELONA INTERNATIONAL CATALONIA CONVENTION CENTRE CONVENTION CENTRES. CONVENTION CENTRE (CCIB) (PALAU DE CONGRESSOS DE (PALAU DE CONGRESSOS AND CENTRE CATALUNYA) DE CONVENCIONS DE BARCELONA). CCIB was built for the 2004 Universal Forum of Cultures. It is now the largest It was built in 2001 and is part of the Fira de Barcelona is also a leader in the convention centre in southern Europe Royal Complex, a deluxe complex organisation of industrial and and its construction has greatly created by the Conference Centre itself, professional conferences, events and advanced Barcelona’s position in the the hotel Juan Carlos I, The Royal Fitness conventions. It is one of the sector’s top conference and convention tourism and The Royal Catering, with the aim of four institutions in Europe in terms of sector, since the city can now meet offering top level services tailored to each number of events. It includes the demand for events of over 6,000 client’s needs. Conference Centre (Palau de delegates and can hold 15,000 people in a single place. Congressos), located in the Montjuïc-1 + Information premises, and a convention centre in the Tel. +34 93 364 44 00 Montjuïc-2 premises. [email protected] + Information www.pcongresos.com Tel. +34 93 230 10 00 [email protected] + Information / Infofira www.ccib.es Tel. 902 233 200 | +34 93 233 20 00 www.firabcn.es BARCELONA CONVENTION BUREAU (BCB)

BCB is a Barcelona Tourism Board programme specialising in providing support for the organisation of events and the promotion of the city as a venue for meetings.

+ Information Tel. +34 93 368 97 00 [email protected] www.barcelonaturisme.com

2. HOW TO START A BUSINESS IN BARCELONA

TYPES OF BUSINESS 2.1 ORGANISATION

THERE ARE TWO BASIC WAYS OF person who is to carry out the business A self-employed or self-employed worker CARRYING OUT A BUSINESS ACTIVITY IN activity must be of full legal age (18 or is one who conducts, on a personal, CATALONIA: over) and have sufficient legal capacity to direct and regular basis, an economic carry it out. activity for profit without being subject to On a self-employed basis, i.e. as a self- an employment contract. employed with unlimited liability The steps for starting up a business as a (including both business and personal self-employed are easier and cheaper assets) or by creating a company, with than those for starting a company, but If a foreigner wishes to carry out an liability limited to business assets. self-employed people are liable for the activity on a self-employed basis, he or business’ debts with their current and she must have the legal capacity to Choosing the appropriate type of future personal assets. conduct a business activity under the business organisation for the activity national law of his or her country of depends on the investor’s interests and When a place of business is set up, its origin, and must obtain authorisation (the strategy. Under the current legal name will be that of the person who owns relevant work and residence permit) framework, there is a broad range of the business (although he or she may from the relevant Government office. possibilities with flexibility to adapt to the work under a different trade name). Self- particular needs of each investor. employed are governed by a special 2.1.2 COMPANIES Social Security regime called RETA 2.1.1 SELF-EMPLOYED (Special Regime for Self-employed This can be considered the most Workers) with its own rules distinct from common type of investment. There are This is the perfect way for a natural the regime governing employed workers. several types of company under Spanish person to carry out a business activity in Any workers hired by the self-employed law. The main ones are the Public his or her own name on a regular basis. must register with the general Social Limited Company (Societat Anònima, The only legal requirements are that the Security regime. SA) and the Private Limited Company (Societat de Responsabilitat Limitada, SL), which are characterised by the limitation of investors’ liability to their contribution to the company.

26 The and televisionsectors,amongothers. these includethebanking,insurance through aPublicLimitedCompany: investment mustbemandatorilymade are somesectorsinwhichthe transferred. Itisworthnotingthatthere ease withwhichsharescanbe business organisationbecauseofthe companies alsochoosethisformof However, manymedium-sized offering sharestothepublic. investment, whichcanbeobtainedby and requiresasubstantialcapital projects, bothcommercialandindustrial, advisable forlargebusinessesand/or The these factorsarerelevant,suchas for settinguplargebusinesseswhich organisation alsomakesthemappealing of flexibilityintermsmanagementand required. Inanycase,theirhighdegree the lowerminimumsharecapital medium-sized companies,becauseof form usuallyadoptedbysmalland SUMMARY OFTHEMAINFORMS OFBUSINESSORGANISATION INBARCELONA iblt.Ulmtd iie o iie o niie o h Unlimitedforthe Unlimitedforthe Limitedto Escripturapública The foreignparent’s. The foreign parent’s. Publicdeed Limitedto Thecompany’s. Publicdeed Thecompany’s. Unlimited. Publicdeed None. Liability. Notrequired. Legal personality. Public steps. Minimum capital. Divided capital. Public LimitedCompany(SA) Private LimitedCompany(SL) the activity Enough tocarryout Self-employed None. form is . is the type ofPrivateLimitedCompanywhichis Limitada deNovaEmpresa),anewsub- Private LimitedCompany Civils Privades), Cooperatives (Agrupacions d’InterèsEconòmic)and such as the establishmentofspecificprojects, Other structuresmaybeinterestingfor Office. such asaBranchorRepresentative Another businessformisthe them advantageousforcertainprojects. regimes whichapplytothemcanmake flexibility andsomeparticularitiesoftax On theotherhand,theirgreatoperational unlimited. because theinvestors’liabilityis although theiruseislesswidespread an entitywithoutitsownlegalpersonality, legal person,itisquitecommontosetup However companies. business partnershipsorportfolio otiuin.cnrbtos aetcmay parentcompany. parentcompany. contributions. contributions. RegistreMercantil. Commercial Register. Commercial Register. Commercial Register. incorporation. paid upon 3.005,06 €, Stock units. rvt iie Pbi iie Bace Representative Branches PublicLimited Companies Private Limited , iftheentrepreneurisaforeign Private Partnerships (Societats cooperatives), Economic InterestGroups on incorporation. capital mustbepaidup 25% oftheminimum 60.101,21 €,atleast Own shares. Companies (Societats New Firm (Societat The stepsrequiredforstartingupa common typesofbusinessorganisation: Below isatablesummarisingthemost business andindividualentrepreneurs. of flexibility. Itisintendedforsmall accounting obligationsandahighdegree electronic media.Italsohassimpler (24 h),throughstandardformsand much quickerandeasiertoincorporate Assigned endowment. ocptlNocapital of itsown. No capital investment. not consideredforeign the parent.Itis Own resourcesfrom of itsown. Offices

2. HOW TO START A BUSINESS IN BARCELONA

STEPS FOR STARTING 2.2 UP A BUSINESS

business depend on the type of business some cases, and depending on the investment at the General Bureau of organisation the investor wishes to use. activity to be carried out, the permit may Commerce and Investment (Dirección Deadlines will vary depending on the only be obtained after their qualification General de Comercio e Inversiones) and type of business organisation chosen. has been officially approved. Foreign Investment Register (Registro Below is a summary of the procedures de Inversiones Extranjeras) of the for each of the business organisation In case of foreign associate (S.A/S.L), in Ministry of Finance (Ministerio de types most commonly used in Catalonia. addition to the tramits mentioned in Economia). section 2.2.2 , must obtain: It is worth noting that, foreign self- In case of foreign administrators employed, in addition to the tramits - Foreigners' Identification Code (S.A/S.L.), they only have to obtain the mentioned in section 2.2.1, must first (Número d’Identificació d’Estrangers NIE. obtain the work and residence permit NIE) in any Government office or the mentioned in section 2.1.1 and 2.4. In Spanish Consulate or Embassy. - Declaration or authorisation of the

2.2.1 STEPS FOR SETTING UP AS A SELF-EMPLOYED

Steps Description Institution / Organisation

1. Census declaration confirming that Submittal of official form 036 to obtain the provi- Any branch of the State Tax Administration the provisional Tax Identification Code sional Tax Identification Code, which is also the Agency (Agència Estatal de l'Administració (CIF) has been obtained. self-employed personal Tax Identification Number Tributària) for that address. Registration for the following taxes: (NIF). This step identifies the business activity for Deadline: before starting the activity Value Added Tax (VAT) and Business tax purposes and notifies the administration of the Tax (Impost sobre Activitats starting of the activity. Econòmiques, IAE). With regard to Business Tax, self-employed are exempt from paying this tax but must provide census information by means of the related return

2. Obtaining the required licences, autho- These vary depending on the type of business Public administrations: regional and local. risations and administrative registrations. activity. Deadline: before commencing the activity

3. Registration with the Special Regime Compulsory registration with the Special Regime for Provincial Social Security Treasury. for Self-employed Workers (RETA). Self-employed Workers for self-employed acting as Deadline: within 30 days following the individual entrepreneurs, TA-1 card form. commencement of the activity.

4. Registering the business with the Compulsory registration of the business with the Provincial Social Security Treasury. Social Security system for registering Social Security system in order to register workers, Deadline for registration: within 30 days workers. TA-1 card form for the first registration, and TA-2 following the commencement of the activity. card form with details of the business and the Deadline for registering workers: between 1 workers. and 60 days before the commencement of the activity

5. Notice of opening of the business Obligation to notify of the opening of the premises Provincial branch of the Ministry of premises. in which the activity will be carried out. Employment Regional Service. Deadline: 30 days following the opening of the premises.

Labour Inspectorate in relation to the employ- 6. Legalisation of the records. These are the employment record register, and ment record books, and the appropriate Com- the tax and accounts books (Journal, Inventory mercial Register for the address in relation to Book and Annual Accounts). the accounts and tax books.

The total time period is approximately one week. (apart from any necessary administrative authorisations). 27

2.2.2 STEPSFORSETTINGUPA 14. Legalisationofthecompanyrecords. 13. Obtaining thedefinitiveTax Identification 12. Notice ofopeningthebusiness 11. Registering theworkerswithSocial 10. Registering thecompanywithSocial 9. 8. RegistrationattheCommercialRegister. 7. Paying PropertyTransfer Tax andStamp 6. 5. 4. Grantingpowersofattorney. 3. Drafting thecompanyby-laws. 2. Opening acurrentaccountandrequesting 1. Steps approximately 30days The totaltimeperiod is has beenpaidintothebank. certificate confirmingthatthesharecapital risations andadministrativeregistrations. Obtaining therequiredlicences,autho- i ActesJurídicsDocumentats,ITPAJD). Duty (ImpostdeTransmissions Patrimonials - - CorporateIncomeTax (ImpostdeSocietats) - V Registration forthefollowingtaxes: Identification Code(CIF)hasbeenobtained. Census declarationthattheprovisionalT company. Executing thedeedofincorporation Social). (Certificació NegativadeDenominació Certificate ofavailabilitycompanyname Code (CIF). premises. Security system. Security system. Econòmiques). Business Tax (ImpostsobreActivitats alue AddedTax (VAT) . ax abroad another toappearonhisorherbehalf.Thiscanalsobegranted incorporation ofthecompanybeforeaNotaryPublicempowers A documentwherebyamemberwhoisunabletoattendtheactof They setouttheessentialrulesforoperationofcompany incorporation ofthecompany evidence ofthispaymenttothenotarywhenexecutingdeed This isinordertopaytheminimumsharecapitalandprovide at theactofincorporationbeforeanotarypublic. two months,althoughitcanberenewed,andmustprovided reserved for15months.Thecertificate,however, isonlyvalidfor not alreadybeentakenbyanotherexistingcompany It providesevidencethatthenamechosenforcompanyhas Description Business T automatic registration.Newcompaniesareexemptfrompaying of thecompany’ purposes, andnotifyingtheadministrationofcommencement Identification Codewhichwillidentifythecompanyfortax Submittal oftheofficialform(036)toobtainaprovisionalTax before aNotaryPublicformalisingtheincorporationofcompany This istheactofappearancemembersortheirrepresentatives attorney granted). apostille (astampwhichgiveseffectinSpaintothepowerof which itgainslegalpersonality This publicisesthefactofincorporationcompanyby the companyatCommercialRegister This is1%ofthesharecapitalandnecessaryinordertoregister threshold. time, theywillonlybesubjecttothistaxafteracertainturnover shareholder, theRegister ofContractswiththesoleshareholder. Annual Accounts,theMinuteBookand, inthecaseofasole This consistsof4books:theJournal, InventoryBook,the Obtaining thedefinitiveTax IdentificationCodecard. business hiresworkers. labour authority, regardlessofitstypeandwhetherornotthe Notification ofcommencementanewactivitytotherelevant of thebusinessandworkers. card formforthefirstregistration,andTA-2 cardformwithdetails Obligations relatingtotheworkers´SocialSecurityregistration,TA-1 regime. atSocial. Obligation toregisterthecompanywithrelevantSocialSecurity These varydependingonthetypeofbusinessactivity. (apart from anynecessaryadministrative authorisations andtheCommercial Registerregistration). COMPANY (SA/SL) if thedocumentincludesa1961HagueConvention ax duringthefirsttwoyearsofactivity s activities.Submittingform036resultsin .. . . Followingthis . Thenameis . The CatalonianGovernment’ Deadline: beforecommencingtheactivity the company’s registeredaddress. The CommercialRegisterwhichcorresponds to provisional card(StepNo.6). Deadline: 6monthsaftertheissueof T Regional Treasury (DireccióProvincialdela The ProvincialDepartmentoftheSocialSecurity Deadline: beforecommencingtheactivity Public administrations(regionalandlocal). deed ofincorporationthecompany. within twomonthsfollowingtheexecutionof the company’s registeredaddress.Deadline: The CommercialRegisterwhichcorrespondsto of thedeedincorporationcompany. Deadline: withinonemonthfollowingtheexecution Department. T Agency (AgènciaEstataldel'Administració Notary Public’ Law firm. Any bankorsavingsbank. (Registre MercantilCentral). Central CommercialRegister Institution /Organisation which correspondstothecompany’ Any branchoftheStateT Notary Public’s Office. T Agency (AgènciaEstataldel'Administració Any branchoftheStateTax Administration 30 daysfollowingtheopeningofpremises. Employment (DepartamentdeTreball). Deadline: The CatalonianGovernment’s Ministryof Deadline: beforeworkersstarttojoin. corresponds tothecompany’s registeredaddress. T Regional Treasury (DireccióProvincialdela The ProvincialDepartmentoftheSocialSecurity activity andhiringthefirstworker. address. Deadline:beforecommencingthe resoreria Territorial delaSeguretatSocial)which resoreria Territorial delaSeguretatSocial) ributària) forthecompany’ ributària) forthecompany’ s Office. ax Administration s GeneralT s taxaddress. s taxaddress. s registered ax .

2. HOW TO START A BUSINESS IN BARCELONA

2.2.3 STEPS FOR SETTING UP A BRANCH / REPRESENTATIVE OFFICE

The steps are similar to those required for setting up a company, although the following specific issues are worth mentioning:

Steps Description Institution / Organisation

1. Executing the deed of incorporation of The following documents relating to the foreign Notary Public’s Office. the branch / representative office. parent company must be provided: - Resolution of the relevant corporate body egarding the decision to set up the branch or representative office. - Granting of powers of attorney to the representative / manager of the branch / representative office. - Certificate of the registry or relevant authority of the parent company’s country confirming the validity of the parent’s existence, the currency of its by-laws and the offices held by its directors.

2. Opening a current account and Although no minimum capital is required, it must Any bank or savings bank. transferring funds. be given the necessary funds to carry out its business.

TAX REGIME, 2.3 TAX AND ALLOWANCES

2.3.1 TAXES (Personal Income Tax - Impost sobre la amounts determined by the law. Renda de les Persones Físiques, IRPF) Taxation is based on a progressive rate Under current Spanish legislation, tax and income tax paid by legal persons scale ranging from 15% to 45%. obligations in Catalonia are among the (Corporate Income Tax - Impost sobre Societats, IS). The main difference is that least onerous in the Eurozone. Increases and reductions in assets Corporate Income Tax always uses (generally sales of assets which are not In this section, foreign investors can accounts, whereas these are not usually become familiar with the main tax required for Personal Income Tax, business stock) are taxed at a fixed rate of concepts which apply here and ascertain although records of income and 15% (one of the lowest in Europe). their possible impact on business expenditure do exist. activities. In addition, there is a special module For foreign workers who have been The tax regime applicable in Barcelona regime for Personal Income Tax (in transferred to Spain, there is a regime to comprises several different taxes which which income is calculated on the basis reduce the cost to the employer: their can be divided into direct, indirect and of objective parameters) if the limits salaries (usually agreed as net amounts) stipulated by the laws governing specific local taxes: are taxed at just 25%. activities - especially small businesses Direct taxes: these are taxes payable on such as bars/cafés and shoe shops - are - Corporate Income tax (IS) is charged on income. In the case of economic met. income received by legal persons or activities, tax is paid on the difference companies. The general rate is 35%. between income and expenditure. - Personal Income Tax (IRPF) is a progressive tax applicable to available However, small companies (with a turnover of less than €8 million) profits One must make a distinction between income, i.e. the total amount of income of up to €120, €202.40 are taxed at a income tax paid by natural persons received during the calendar year minus specific essential minimum flat rate of 30%.

30 of indirecttax: consumption. Therearetwomaintypes Indirect taxes: by thelaw. reinvested undertheconditionsstipulated the amountobtainedfromtheirtransferis certain assetsaretaxedat15%provided of profitmeansthatcapitalgainson In addition,thedeductionforreinvestment activities, areapplied. research, developmentandinnovation tax benefits,suchasthoseaffecting reduced whencertainlegallyestablished In addition,thetaxrateisnoticeably GENERAL T TAXES ABLE OFTHEMAINT these aretaxespayableon AXES APPLICABLETOBUSINESSESINCA T Jurídics Documentats,ITPiAJD) Transmissions PatrimonialsiActes Value AddedTax - Property Transfer Tax andStampDuty - Value AddedTax (IVA): thisappliesto on otheritems LOCAL T on consumption INDIRECT TAXES: on businessprofit DIRECT TAXES: ransfer Tax andStampDuty property transactions. entrepreneurs andtocertainreal between personsotherthan (ITP andAJD):thisappliestotransfers supported byconsumers. business activitiesandisultimately AXES: (IVA) and (Impost de Property T . ALONIA OTHER TAXES BUSINESS T LOCAL PROPERTYTAX (IBI) PROPERTY TRANSFERTAX (ITP) V General rateof35%withcertainallowances (LEGAL PERSONS): CORPORA Progressive scalerangingfrom15%to45% (NATURAL PERSONS): PERSONAL INCOMETAX (IRPF) For rubbishcollection, onownershipofvehicles,etc. On theexerciseofbusinessactivities(companies only) On theincorporationofacompany:1% On certainpurchasesofrealproperty:7% This ischargedatthreedifferentrates:4%,7%and16% On ownershipofrealproperty ALUE ADDEDTAX (IVA) Local Taxes: of under€1million. persons andbusinesseswithaturnover There isanexemptionfornatural - Business Tax (ImpostsobreActivitats taxes oneconomicactivity conducted. premises inwhichthebusinessis number ofsquaremetresthe parameters, suchastheactivityand calculated onthebasisofobjective Econòmiques, IAE):thistaxis TE INCOMET AX (IAE) AX (IS) City Councilschargevarious :

2. HOW TO START A BUSINESS IN BARCELONA

- Local Property Tax (Impost sobre Béns 2.3.2 MAIN TAX certainty on the applied allowance. This Immobles, IBI): this applies to ALLOWANCES FOR allowance can also be applied by: ownership of real property, and the FOREIGN INVESTMENT amount charged depends on the value - Businesses carrying out R&D tasks for of the property and the rate set by the Barcelona has one of the best tax foreign companies which are not City Council in question. allowance regimes for technological permanently established in Spain. In innovation, research and development such a case, the Spanish business can - Other local taxes, such as the Tax on for companies worldwide. This Spanish include as R&D expenditure any Buildings, Works And Installations tax framework for RDI is acknowledged expenditure associated with R&D (ICIO), which is charged based on the by the Union of Industrial and projects commissioned by foreign value of certain works; the Tax on the Employers’ Confederations of Europe companies. Increase of Value of Urban Land (UNICE) as the best in the OECD (IIVTNU), a capital gains tax charged (Organisation for Economic Cooperation - Subsidiaries of multinationals on the transfer of real property; or the and Development). established in Spain which carry out road fund licence (Impost sobre R&D activities from Spain for group Vehicles de Tracció Mecànica), entities abroad may apply for tax charged on ownership of vehicles Research, Development and Innovation allowances for RDI activities in relation which may be relevant depending on (RDI) Allowances: these can range from to expenditure made abroad for up to the business activity. 10% to 70%. 25% of the total amount invested in the project, provided the main part is carried out in Spain. In addition, it is possible to obtain an administrative certificate for the amount Spain also has one of the most of the allowance, which confers legal favourable tax regimes for holding companies (ETVE) in the world.

TAX ALLOWANCES FOR RDI

Research and Development

Expenditure relating to R&D projects 30-50%

Personnel expenditure on qualified researchers an extra 20% dedicated solely to these activities.

Expenditure relating to research and development projects an extra 20% contracted with universities, public research agencies or technology and innovation centres

Investments in tangible and intangible fixed assets 10% (excluding real property and land) intended solely for R&D activities

Technological Innovation

Expenditure relating to technological innovation projects 15% contracted with universities, public research agencies or technology and innovation centres

Expenditure relating to industrial design and 10% production process engineering.

Expenditure relating to the acquisition of advanced technology in 10% the form of patents, licences, know-how and designs (with a limit of 1m €)

Expenditure relating to obtaining a certificate 10% of compliance with ISO 9000, GMP or other similar quality regulations

32 capital. people aswelltogoods and movement withintheEUappliesto residence permit,sincefreedomof EU citizensdonotrequireavisaor and liveinSpain. This permitwillallowthemtowork residence permit(authorisation). age andhaveavisawork for profitmustbeover16yearsof out anyworkorprofessionalactivity Non -EUmemberswishingtocarry the ETVE. have topayonthesumsdistributedby has aholdinganditsmembersdonot from non-residentcompaniesinwhichit not havetopaytaxondividendsreceived ETVE withtheabovecharacteristicsdoes Thanks tothisprivilegedtaxregime,an conduct business). the companiesinwhichithasaholding a costofmorethan€6m,andprovided minimum holdingof5%orlessbutwith holding (providedtheyrepresenta the companiesinwhichETVEhasa Spain andtheprovisionofsecuritiesfrom are theincorporationofacompanyin several countries.Theonlyrequirements which tomanagetheirholdingsin groups whichwishtohaveacentrefrom basically intendedforthoseinternational valors estrangers-ETVE):Thisregimeis Holding Companies 2.4 PERMITS WORK ANDRESIDENCE (Entitat detinença Malta andCyprus)must obtainapermittoworkandliveinSpain *Temporarily, untilMay2006,workers fromcountrieswhichhaverecentlyjoinedthe EU(withtheexceptionof relating toPersonalIncomeTax (IRPF): Other interestingincentivesarethose carry outotheractivities. scheme. Thesecompaniescanalso Spain) waschannelledthroughthis (89% offoreignfinancialinvestmentin the Dutchone.In2004,€6,605million This schemehasbetterincentivesthan in Spain Regime applicabletoworkersestablished years. transfer toSpainandthefivefollowing This regimeappliesduringtheyearof instead oftheusual45%. agreed asnetamounts)atjust25% business, bytaxingtheirsalaries(usually move toSpain,reducingthecost This regimeallowsforeignworkersto - Work permitfortransnationalworkers. - Work permitforseasonalworkers - Residenceandemploymentbyathird party - Residenceandself-employment requirements stipulatedintheImmigrationLaw. Themainrequirementsare: In ordertoworkandliveinSpain,theymustobtainaspecificpermitmeet the OTHERS These citizensmayworkandliveinSpainwithoutneedinganypermits.* EU +EEASWITZERLAND : result insignificanttaxadvantages. together intoonecompany, whichcan centres. Thesetaskscanbebrought centres andbusinessmanagement to setupresearchanddevelopment Barcelona aparticularlyappealingplace together withahighqualityoflife,makes who havebeentransferredtoSpain), (allowances forRDI,ETVEandworkers The combinationoftheseregimes Switzerland. Norway Area): EU25+Iceland, EEA (EuropeanEconomic have recentlyjoinedtheEU EU 15+countrieswhich EU 25: Poland, Slovakia. Slovenia, Hungary Cyprus, Latvia,Lithuania, Czech Republic,Estonia, recently joinedtheEU: Countries whichhave Kingdom Sweden andtheUnited Portugal, Finland, Netherlands, Austria, Luxembourg, the France, Ireland,Italy, Germany, Greece, Spain, Belgium, Denmark, EU 15: © Parc Científic de Barcelona, Raimon Solà. , Liechtensteinand , Malta,

2. HOW TO START A BUSINESS IN BARCELONA

2.4.1 SELF-EMPLOYED WORK PERMITS IS THE FOREIGNER ALREADY LEGALLY RESIDENT IN SPAIN? A foreigner wishing to work self- employed must submit two applications:

1. one for a residence permit (in Spain) YES NO

2. one for a residence visa (in his or her country of origin)

No residence visa is required. The order to present them will vary Two applications are required: An initial work permit application depending on various factors, as is must be submitted directly to the 1) Application for a self-employed shown in the following table: Immigration Bureau (Oficina d'Estrangers) in Spain. residence visa (at the Spanish Consulate office in the country in which the interested party currently resides).

2) Initial residence permit application

If the foreigner is in Spain on a If the foreigner is in his or her own temporary basis he or she may country of origin, he or she must submit the initial work permit submit the work residence visa application directly to the application at the Spanish Immigration Bureau in Spain and Consulate office and, once the visa then apply for a visa at the Spanish has been obtained, come into Consulate office in his or her own Spain and submit the initial work country. When the visa has been permit application at the obtained, the foreigner may come Immigration Bureau in Spain. into Spain as a resident and must provide the Immigration Bureau in Spain with a copy of the visa.

The foreigner must wait for the decision regarding the granting of the work permit before he or she can COMMENCE HIS OR HER BUSINESS ACTIVITY

Note: Temporarily, until May 2006, workers from countries which have recently joined the EU must obtain a permit to work and live in Spain

34 2.4.2 RESIDENCE ANDEMPLOYED Note: Temporarily, untilMay2006,workers fromcountrieswhichhaverecentlyjoined theEUmustobtainapermittoworkandlive inSpain. “employment offer”. (OTG) toarrangethe employment office Catalonian Government He orshemustgotoa regarding theworkpermit. and boththeemployerworkermustwaitfordecision The employermustsendtheproofofapplicationtoworker, Spain? Immigration BureauinSpain.Istheworkerlegallyresident He orshemustsubmittheinitialworkpermitapplicationat WORK PERMITS - - belong tooneofthefollowinggroups? Immigration BureauinSpainoronitswebsite.Doestheworker The relevantformsandinformationcanbefoundatthe Top executives,peopleinpositionsoftrust,orhighlyqualified staff. Service providers(installationofproductionlines,training,etc.). L'empresa enviaelresguarddesol·licitudaltreballador NO NO If thedecisionispositive, THE WORKERISHIRED. EMPLOYER YES YES . his orherowncountry. the SpanishEmbassyin application procedurein must followthevisa his orherrepresentative worker. Theworkeror of applicationtothe Spain andgivetheproof Immigration Bureauin directly atthe work permitapplication must submitaninitial Spain andgivetheappropriatecopytoImmigrationBureau. Once theworkerhasobtainedvisa,heorshemustcomeinto basis: Spain onatemporary If theforeignerisin in Spain. work permitapplication must submittheinitial required. Theemployer No residencevisais Is theforeigneralreadylegallyresidentinSpain? The employer YES RESIDENCE ANDEMPLOYED FOREIGN WORKER WORK PERMIT residence. foreigner's placeof Embassy ofthe at theSpanish visa mustbesubmitted employed residence The applicationforan own country. Embassy inhisorher at theSpanish application inperson submit hisorher The workermust or herowncountry: If theforeignerisinhis to theworker. the proofofapplication employer mustsend NO The

2. HOW TO START A BUSINESS IN BARCELONA

EMPLOYMENT 2.5 REGIME

A very important part of Barcelona’s The employment relationship with the Below is a brief explanation of the assets is its people: very efficient and staff is governed by the employment characteristics of the employment highly qualified human resources who contract pursuant to the Workers’ contract, the different types of will ensure the smooth operation of Statute (Estatut dels Treballadors). contract and the advantages of which the business. employers may benefit depending on the type of contract entered into or the group for which it is intended: 2.5.1 THE EMPLOYMENT CONTRACT

Persons of full legal age. Emancipated minors. WHO MAY ENTER Minors of between 16 and 18 years of age with parental INTO ONE? authorisation. Foreigners in accordance with the Immigration Law.

An employment contract can be formalised orally except in those cases in which written formalisation is compulsory by law (training, apprenticeship, for a specific project or HOW IS IT service, for a specified duration of more than four weeks, FORMALISED? part time, permanent season contracts, hand-over contracts, contracts for workers hired in Spain to provide services to Spanish companies abroad).

THE EMPLOYMENT CONTRACT (I)

This is optional. If a trial period is agreed, it is governed by the applicable provisions of the Collective Bargaining Agreement. TRIAL In the absence of a Collective Bargaining Agreement, such a PERIOD contract may not exceed 6 months for qualified technicians or 2 for all other workers (3 months in the case of businesses with under 25 workers). This means that any party may voluntarily terminate the contract without notice and without alleging any grounds.

The employment contract may be temporary or for an indefinite term. In principle, all contracts are full time and for an indefinite DURATION term, unless otherwise provided in the contract. A worker can only be hired on a temporary basis if one or more of the requirements envisaged in the applicable legislation are met.

36 CONTRACT (II) THE EMPLOYMENT THE WORKER EMPLOYER OBLIGATIONS OBLIGA RIGHTS RIGHTS TIONS Other rightsagreedinthecontract. To receivetheagreedremunerationandtodosoontime. Physical integrityandprivacy Non-discrimination foraccessingtheworkplace. On-the-job trainingandpromotion. Effective occupationduringtheworkingday. obligations agreedfortheworker. The employerhasarighttotheperformanceof Other rightsagreedinthecontract. T T Other obligationsagreedinthecontract T activity. To refrainfromcompetingwiththeemployerinsame To followtheemployer’s ordersandinstructions. T principles ofdiligenceandgoodfaith. T Other obligationsagreedinthecontract. regime. T copy ofthecontract. To providetheworkers'legalrepresentativeswithabasic To registerthecontractatanemploymentoffice. T o applyapolicyofhealthandsafetyatwork. o manage/organisetheworker o contributetoimproveproductivity. o observehealthandsafetymeasures. o performhisorherobligationsinaccordancewith o registertheworkerwithapplicableSocialSecurity o actinfavouroftheobservanceworkers’rights. . ’s work.

2. HOW TO START A BUSINESS IN BARCELONA

2.5.2 TYPES OF CONTRACT are a whole series of permanent or Catalan employees work under temporary contract possibilities temporary contracts. This gives From the point of view of the duration allowing businesses to meet all their employers greater flexibility. of the employment relationship, there personnel requirements. 25% of

MAIN INDEFINITE TERM CONTRACTS

Type of Contract Requirements and Characteristics

Ordinary full time contract for an Indefinite term employment contracts are mainly characterised by their unlimited duration. indefinite term The legal presumption that a contract is for an indefinite term applies when: - The company does not register the worker with the applicable Social Security regime. - It is formalised in breach of the law in order to avoid hiring the worker for an indefinite term. A contract is presumed to be for an indefinite term unless otherwise stipulated in the contract itself.

Ordinary part time contract for an A part time contract is a contract agreed for a certain number of hours per day, week, month indefinite term. or year which are less than the working hours of a comparable full time worker. A “comparable full time worker” is a full time worker in the same business or work place, with the same type of employment contract, and carrying out an identical or similar job.

Permanent employment contract for It is an indefinite term contract entered into for the carrying out of seasonal work on a seasonal work. permanent basis, which does not repeat on specific dates within the employer’s normal volume of business. Permanent seasonal workers who repeat on specific dates are governed by the legislation regulating part time contracts for an indefinite term.

It is an employment contract entered into with a disabled worker with specific characteristics Indefinite term contract for disabled (such as a minimum degree of disability of 33%). workers There is a €3,906.58 subsidy for each disabled worker with a full time employment contract. If the contract is for part time work, the subsidy will be reduced pro rata to the agreed working hours. There are also reductions in the employer’s Social Security payment for common contingencies.

MAIN TEMPORARY CONTRACTS

Type of Contract Requirements and Characteristics

Training contract. The aim of this contract is to acquire the theoretical and practical training necessary for the proper performance of a trade or qualified job. Generally, such contracts may be given to workers of between 16 and 21 years of age who meet certain requirements. The contract must be sent in writing and last no more than between six months and two years (with a maximum of two six-month extensions).

Apprenticeship contract. It is a training contract entered into with a worker who has a university degree or a medium or high level vocational training diploma, or a diploma officially recognised as being equivalent. This job should give the worker the skills required for professional practice and enable him or her to obtain professional practice appropriate to the studies taken. The contract must be executed in writing and last no more than between six months and two years (with a maximum of two six-month extensions).

Contract for a specific project or service It is a contract to carry out works or services with their own autonomy and substance within the company’s business. In principle, although it will be limited in time, the duration of the performance is uncertain. It must be executed in writing, clearly specifying the work or service to be carried out. It can be for full or part time work. A maximum duration may be stipulated by Collective Bargaining Agreements.

Temporary contract due to production It is a contract entered into to meet market demands, clear a backlog of work, or meet an circumstances. excessive number of orders, even if it relates to the company’s usual business. It only has to be executed in writing if its duration exceeds four weeks or if it is part time. In any case, it can be full or part time. The maximum duration of such contracts is six months in any 12- month period, to be reckoned from the moment on which the backlog or excessive number of orders begins. It is possible to stipulate otherwise by means of a collective bargaining agreement.

It is a contract whose aim or cause is the replacement of a worker who is entitled to return to Substitution contract. that position, the filling of a post pending the arrival of a definitive worker during a recruitment or promotion process, or during maternity or parental leave, due to the existence of risk during pregnancy or temporary incapacity. This also includes the transition to a situation of professional disability. 37

38 a higherfinancialcostfor employers. and professionalrisksor contingencies(suchasprofessionalillnessoraccidents atwork).Commoncontingenciesrepresent * (not exceedingtwoyears). and 100%)foraspecifiedtimeperiod a specificpercentage(between25% payments payablebytheemployer reduction inthecommoncontingency advantages basicallyconsistofa must bepaidbyemployers.These social securitycontributionswhich incentives areareductioninthe The mainrecruitmentadvantagesor provides aseriesofadvantages. to findajob,theSpanishlegislation to theircharacteristics,finditdifficult belonging tocertaingroupswho,due As anincentivetohirepeople WITH 2.5.3 CONTRACTS The SocialSecurity’s scopeofcoverage orprotectionmakesadistinctionbetween commoncontingencies(suchasmaternity) MAY BEEITHER: OF BENEFITSWHICH RECOGNISES ASERIES SECURITY SYSTEM THE SP ADVANTAGES SOCIAL SECURITY ANISH SOCIAL Security system. protection providedbytheSocial contributions inordertoenjoythe an obligationtomakeSocialSecurity and/or workersthemselvesareunder professional activity),theemployers benefits (peoplecarryingouta In thecaseof situations definedbythelaw. occurrence ofthecontingenciesand charge ofthesepeople,on relatives orassimilatedworkersin its scopeofapplication,aswellthe protection ofthepeopleincludedin the Stateguaranteesadequate Through theSocialSecuritysystem, 2.5.4 SOCIALSECURITY the law. Thistypeincludesdisabilityandretirementpensions. People whohaveNOTmadeSocialSecurity contributionsforthetimerequiredby NON-CONTRIBUTION-BASED for thetimerequiredbylaw Employed orself-employedworkerswhohavemadeSocialSecuritycontributions CONTRIBUTION-BASED contribution-based or assistancebenefits In thecaseof multiple births). children undertheircharge,for spouses) andfamilybenefits(for benefits (forsurvivingchildrenand maternity, retirement,bereavement temporary andpermanentincapacity, The mainbenefitsare:healthcare, first. needing tohavemadecontributions lack thenecessarymeans,without carry outaprofessionalactivityorwho benefits forthosepeoplewhodonot Security systemguaranteesminimum non-contribution-based , theSocial

2. HOW TO START A BUSINESS IN BARCELONA

Social Security Contributions: with its own rules distinct from the the contribution base is between the regime governing employed workers following amounts: 610.80 €/month The contribution base is composed of (RETA). and 2,897.70 €/month. The the total remuneration received by the contribution rate is 29.80%. If the worker with a few qualifications (there The maximum contribution base for worker has not claimed temporary are maximum and minimum self-employed workers in 2006 was incapacity benefit, the contribution amounts). The amount of the €2,897.70 per month, and the rate will be 26.50%. contributions is calculated by minimum base was €785.70 per applying a contribution rate to the month. For workers aged 50 or over, Employed Workers (General Regime): base established by the government. the minimum base was €809.40 per In Spain, Social Security contributions month and the maximum was are paid by both employers (30.60%) Self-employed Workers (Special €1,509.90 per month (although the and employees (6.35%). These Social Regime for Self-employed Workers, legislation includes some special Security payments are divided into RETA): cases). However, in the case of contributions for different items, such Self-employed workers are governed workers of 30 years or under and, in as workers’ health care coverage and by a special Social Security regime some cases, women of 45 or more, coverage for temporary incapacity for work arising from common illness, non-work accidents, etc.

EMPLOYED WORKERS

Employer Worker Total

Common contingency contribution rate (%) 30,60 6,35 36,95

2006 Contribution Bases

maximum minimum

2006 monthly contribution bases. €2.897,70 €*881,25

*(this will in any event depend on the worker's professional category).

INCENTIVES, SUBSIDIES 2.6 AND FINANCING

The investment incentives available in 2.6.1 INCENTIVES AND 2.6.2 FINANCIAL Barcelona will encourage you to take SUBSIDIES INSTRUMENTS advantage of the many benefits Barcelona can offer your company. In The CIDEM website contains a search Financial support may be obtained by order to provide the best possible facility for incentives and subsidies means of various different service to companies wishing to do (FISUB). This includes all programmes, instruments, which may take the form business in Catalonia, comprehensive subsidies and financing offered by the of incentives and subsidies, and studies of the technical Catalonian and Spanish Governments and financing from own or external characteristics of each investment the European Union. It has over 200 resources, among others. These may project are conducted and companies records which are updated on a daily be provided by the Catalonian or are informed of all the available basis. These incentives are intended for Spanish Governments, the European incentives offered by the European companies established in Catalonia, Union or privately. These incentives Union and by the local, Catalan and regardless of the nature of their business, are intended for companies wishing to Spanish administrations. and for our entrepreneurs. The database set up in Catalonia, regardless of the shows not only those incentives which are nature of their business. applicable at the time of the query, but also any which are offered on a regular basis during the current year. 39

Barcelona’s current financial - Invernova: a venture capital fund for - Corsabe: a venture capital company environment includes a great variety investing in innovative technology- which invests in emerging sector of financial instruments aimed at based businesses at the initial companies at the development each specific need. The aim of this development stages. stage. programme is to promote the start-up, www.Invernova.org www.corsabe.es growth and sustainability of innovative - BCNEmprèn: a venture capital - WebCapital: a venture capital companies and to help them access company which aims to encourage company which invests in the most appropriate financing for the creation of innovative and companies from the technology technology businesses through the their needs by generating and sector at their initial stages, use of investment financial disseminating good market practices. including both initial and start-up instruments and by giving strategic Barcelona has a number of products stages. support to these new initiatives. and services which provide financial www.rivaygarcia.es/cas/capitaldes/ www.bcnempren.com support with its own equity: webcapital.htm - Invertec: a company which aims to - Venturcap: a generalist venture invest in technology-based A) Capital Funds: capital company. companies during the very first + Information: (+34) 93 467 80 80 stages of development (initial - Catalana d'iniciatives: a venture phases). capital company which supports - Aurica XXI: a generalist venture www.cidem.com/cidem/cat/suport/ business growth projects, MBOs capital company. emprenedor/inversio/index.jsp and MBIs. www.bancosabadell.com/en/NUESTROS_NE www.cidem.com/cidem/cat/serveis/ - Finaves: a venture capital company GOCIOS/NEGOCIOS_SECTORIALES/CAPITAL_ financament/propis/fonscapi/iniciatives/ which aims to support the launch DESARROLLO/ index.jsp and start-up of innovative projects with growth potential, mainly - Reus Capital de Negocis: a venture - Invercat: a venture capital fund for promoted by former IESE masters capital company which buys shares ART A BUSINESS IN BARCELONA the internationalisation of Catalonian students. in companies from the food and enterprise. www.cidem.com/cidem/cat/suport/ agriculture, tourism, environmental, www.invercatexterior.com/invercat.htm financament/propis/fonsdecapital/finaves/ IT and biotechnology sectors at the index.js initial stages. - Innocat: a venture capital fund for www.reuscn.com innovative Catalonian SMEs. - Innova31: a venture capital www.cidem.com/cidem/cat/serveis/ company which invests in - Landon Investment: a venture capital financament/propis/fonscapi/innocat/ technology companies at the initial company which invests in index.jsp development stages. companies of any sector.

40 www.innova31.com + Information: (+34) 93 240 52 00 2. HOW TO ST

- BanSabadell Inversió Desenvolupa- - Instituto de Crédito Oficial (Official Industrial Technology Development, ment: a company specialising in Credit Institute, ICO): a public entity CDTI): a body which, among other temporary investment in companies whose mission is to provide things, offers loans to innovative with expansion projects. financing for the private sector by businesses at the initial stage. www.bancosabadell.com means of loans with prime terms www.cdti.es and conditions. - Litexco: a company which invests in www.ico.es There is a broad range of possibilities development businesses of any sector at the initial stages. - Empresa Nacional de Inovación for finding financing for your project. www.litexco.com (ENISA): a company which funds The exact tools required to carry out business expansion projects by your activity, together with complete - Gestora Finances per a Emprenedors means of participating loans. and up-to-date expert information on (La Caixa): an initiative from La www.enisa.es each of these financial products, are Caixa bank to promote and invest, through a participating loan of put at your disposal to enable you to between €100,000 and €200,000, - Centro para el Desarrollo Tecno- choose the right source of financing at in new or recently created enterprise lógico Industrial (Centre for any given time. projects. http://portal1.lacaixa.es/Channel/Ch_Redire INCENTIVES FOR INVESTMENT ct_Tx?dest=1-13-10-00000002 Incentives for investment in mining areas. B) Inversors Privats: Incentives for investment in reindustrialisation actions.

CIDEM has a network of private Support Programme for Job Creation through the Incorporation of New Activities (“Creació investors to encourage the creation d’ocupació mitjançant la incorporació de Noves Activitats”)”. and development of innovative RDI (Research, Development and Technological Innovation) INCENTIVES: businesses with a high growth 1. Ministry of Employment and Industry (Departament de Treball i Indústria). Catalonian potential in Catalonia which are willing Government (Generalitat de Catalunya). to fund new businesses or businesses at the initial stages, and to advise and There are different programmes according to the type of R&D project: R&D in strategic sectors: pharmaceutical (including fine chemistry), aerospace, food and agriculture and machinery for work with them. renewable energies.

R&D in sectors affected by international competition (priority is given to the car and motorbike, C) Public Financing Entities: textile and clothing, and consumer electronics industries).

- Capital Concepte: by supporting the Technology R&D platforms.

technology springboards of Outsourcing of RDI projects to local R&D centres. Catalonian universities, Invertec can provide up to €100,000 in the form 2. PROFIT: R&D projects (Department of Industry, Tourism and Commerce; Department of Education and Science). of participating loans with prime interest rates and repayment terms. 3. CDTI: financing for R&D projects. www.cidem.com/cidem/cat/suport/emprene 4. CIDEM incentives for the certification of projects as RDI activities (with regard to corporate dor/inversio/index.jsp income tax allowances for RDI projects).

- Institut Català de Finances (Catalan 5. Tax allowances for RDI activities. These allowances are applied to corporate income tax (IS). Institute of Finance, ICF): a public entity whose mission is to provide 6. Torres Quevedo: recruitment of doctors and technologists - Department of Education and financing to the private sector by Science. means of participating loans and INCENTIVES FOR EDUCATION: credits (external resources). Ministry of Employment and Industry: subsidies to companies for professional training activities www.icfinances.com/home/c_home.as with an obligation to hire. These are aimed at unemployed workers.

- Avalis de Catalunya: a reciprocal Ministry of Employment and Industry: a programme to support the training of unemployed people. guarantee company whose aim is to OTHER INCENTIVES give financial and technical guarantees to small and medium- A programme to support the setting up of company head offices in Catalonia related to decision centres or centres of excellence at the supraregional level. sized companies, self-employed and professionals. Incentives to hire people belonging to certain groups.

www.avalis-sgr.com Foundation for continuing education. 41

3. USEFFUL ADDRESSES

BY 3.1 TOPIC

Public Administration (general) Barcelona Economic and Social Tourism - Barcelona City Council07 Agents and Institutions - Barcelona Trade Fair17 - Barcelona City Council – Economic - Barcelona Stock Exchange15 - Barcelona Tourism Board16 Promotion Sector06 - Cercle d’Economia24 - Catalonia Tourism Board21 - Catalonian Investment Agency22 - General Direction of Trade and - Centre for Innovation and Business Investment30 University / Scientific Development (CIDEM)23 - Property Management and Tax - Barcelona University Centre 55 Airports / Ports / Logistics Cooperation (BCU)18 05 - Territorial Direction of Trade of - Barcelona Airport - Spanish National Research Council 56 12 Catalonia 53 - Barcelona Port Authority (CSIC) 13 - Barcelona Logistics Centre10 - Barcelona Promoció Foundation - Ministry of Universities, Research - Integrated Centre for Logistics - Airport Management and and the Information Society 02 Activities and Goods (CIMALSA)34 Promotion (DURSI)40 36 - Zona Franca Consortium60 - Mercabarna - CIDOB Foundation25 49 - Zona Franca Logistics Park61 - Patronat Català Pro-Europa - Network of Science and Technology - Logistics Activity Area35 - Strategic Metropolitan Plan of Parks of Catalonia (XPCAT)42 54 - Pacte Industrial de la Regió Barcelona 20 Metropolitana de Barcelona48 - Casa Àsia City Planning – Real Estate - Sistema d’informació Metropolità - Barcelona Regional14 d’Activitat Econòmica (SIMAE)51 Institutions and Services - The Property Registry58 Supporting Enterprise - 22@bcn Society01 Trade Associations and Official - Barcelona Activa03 Professional Associations - Official Chamber of Commerce, Industry and Navigation of Chambers of commerce and - Barcelona Medical Centre11 Barcelona46 foreign offices for commercial - Barcelona Design Centre08 09 - Consortium for the Commercial affairs - Barcelona Digital Foundation 62 Promotion of Catalonia (COPCA)26 - Chambers of Commerce - Foundation for the Development of 63 - Foment de Treball28 - Offices for Commercial Affairs the Mediterranean Diet30 - Pimec50 - Environmental Forum Foundation27 - Official Register – Unified - Barcelona Aeronautics and Space Management Offices47 Association04 - Mercantil Register37 - Official Association of Economists of Catalonia43 - Official Association of Industrial Labour 44 Engineers - Workers’ Trade Union of Catalonia - Official Association of Notaries (CCOO)59 45 Public of Catalonia - Labour Inspectorate34 - Immigration Bureau32 Tax - Ministry of the Environment and Housing39 - Tax Agency55 - Social Security Treasury52 The numbering corresponds to the position in 38 31 - Ministry of Economy and Finance - General Workers’ Union (UGT) the alphabetical classification on page 44 and - Cadastral Management and Tax following pages Cooperation19 - Municipal Institute of the Treasury41 43

44 - - - 22@bcn Society(Societat22@bcn): 3.2.1 INSTITUTIONAL www www Barcelona Activa: GPA): (Gestió iPromocióAeroportuària- Airport ManagementandPromotion Council’ industry relatedtothissector contribute tothedevelopmentof aviation andairtransportto infrastructures, toofferservicesfor management andpromotionof related activitiesandtakepartinthe execution. management, projectionand together intermsofplanning, part of22@,andthereforelinked production areasclassifiedasforming Barcelona city’s industrialand kinds ofcityplanningactionsin development andexecutionofall the activitydistrict22@with manage thetransformationprocessof instruments andcompetencesto brings togethertheappropriate body withlegalpersonalitywhich business cooperation. entrepreneurial spirit,jobcreation and of businessesandpromoting the specialising insupportingthecreation www.bcn.es/22@bcn 3.2 .barcelonactiva.es .gpa-aero.com AREA OF THEBARCELONA ECONOMIC AGENTS its aimistopromoteairport- s localdevelopmentagency 01 ORDER IN ALPHABETICAL this isBarcelonaCity 03 . 02 a , - - Barcelona CityCouncil(Ajuntamentde - Barcelona CityCouncil–Economic - Barcelona Airport(Aeroportde - Barcelona AeronauticsandSpace - Barcelona DigitalFoundation(Fundació www.bcn.es www www.bcnaerospace.org www.bcn.es/barcelonanegocis www www.bcndigital.org Centre deDisseny-BCD): Barcelona DesignCentre(Barcelona Barcelona) Barcelona -PromocióEconòmica) Promotion Sector(Ajuntamentde Barcelona Digital): services. the newtechnologiesandadvance projects, businessesandcompanies in creating andstartingupinnovative and Cataloniaasastrategiccentre for promotes andencouragesBarcelona and competitiveness. context asakeyfactorforinnovation which promotesdesigninthebusiness Barcelona): de l’Espai-BAIE): Association (BarcelonaAeronàuticai area andCatalonia. aeronautics activitiesintheBarcelona which promotesspaceand connects theMediterraneanarea. passengers, andtheairhubwhichbest airport inSpaintermsofnumber .bcn.es .aena.es/barcelona 09 07 this isthesecondlargest this a foundationwhich 04 08 an association a foundation 05 06 d - Barcelona MedicalCentre(Barcelona - Barcelona LogisticsCentre(Barcelona - - Barcelona PromocióFoundation - Barcelona PortAuthority(Autoritat www.bcncl.es www.apb.es www.bcm.es Centre Mèdic-BCM): Centre Logístic-BCL): Barcelona Regional: (Fundació BarcelonaPromoció): Portuària deBarcelona): area. position intheEuromediterranean infrastructure toconsolidateits and provideitwithservices area logisticscommunity, coordinateit which triestoboosttheBarcelona planning development andin- proposals forreflectioninthe city analyses andmakestechnical expansion. Activity Area(ZAL)anditsfuture guidelines forBarcelonaLogistics the cityofBarcelona. Commerce, withthegoalofpromoting promoted byBarcelonaChamberof private foundationforculture, coordinating theavailableservices. clinics andhealthcareunits, internationally renownedhospitals, access toBarcelona’s traditionally the city’s healthservicesandfacilitates which providesinfor-mation regarding www.barcelonapromocio.org 10 12 an agencywhich 13 an organisation an association this setsthe 11 a

3. USEFFUL ADDRESSES

frastructure fields in Barcelona - Catalonia Tourism Board (Turisme de - Environmental Forum Foundation metropolitan area.14 Catalunya): a body which promotes (Fundació Fòrum Ambiental): this www.bcnregional.com tourism activities in Catalonia.21 brings together the companies in the www.catalunyaturisme.com Catalonian environmental sector.27 - Barcelona Stock Exchange (Borsa de www.forumambiental.org Barcelona) 15 - Catalonian Investment Agency (Agència www.borsabcn.es Catalana d’Inversions) -CIDEM: an - Foment de Treball: the Catalonia organisation belonging to the Catalan business confederation, which - Barcelona Tourism Board (Turisme de Government’s Ministry of Employment supports business activities and takes Barcelona): consortium for the and Industry whose main aim is to active part in Catalonia’s economic promotion of tourism, divided and boost production business investment and business sphere.28 customised, of the world’s most in Catalonia.22 www.foment.com appealing markets. It includes a unit www.catalonia.com specialising in promoting conferences - Foundation for the Development of the and conventions: Barcelona - Centre for Innovation and Business Mediterranean Diet (Fundació per al Convention Bureau.16 Development (Centre d’Innovació i Desenvolupament de la Dieta www.barcelonaturisme.com Desenvolupament Empresarial - Mediterrànea): an organisation CIDEM): an organisation belonging to working to ensure a better knowledge - Barcelona Trade Fair (Fira de the Catalan Government’s Ministry of and appreciation of Mediterranean Barcelona): it organises industrial and Employment and Industry, a service products and lifestyle in every corner professional events. It is one of the which supports Catalonia’s business of the planet.29 sector’s top four institutions in Europe network.23 www.dietamediterranea.com in terms of number of events.17 www.cidem.com www.firabcn.es - General Direction of Trade and - Cercle d’Economia: an institution Investment (Direcció General de - Barcelona University Centre founded in Barcelona to bring Spanish Comerç i Inversions): the body in (Barcelona Centre Universitary - BCU): social and economic life up to date.24 charge of the registration process for an organisation which promotes the www.circuloeconomia.com foreign investment in Catalonia.30 city as a university destination and www.mcx.es/polco/default.htm provides information and services to - CIDOB Foundation (Fundació CIDOB): a foreign students.18 centre for research, teaching, - General Workers’ Union (Unió General www.bcu.cesca.es documentation and dissemination of de Treballadors - UGT): a nationwide international relations and trade union which is a founding - Cadastral Management and Tax development, based in Barcelona.25 member of the International Cooperation (Gestió Cadastral i www.cidob.org Confederation of Free Trade Unions Cooperació Tributària) 19 and the European Confederation of www.catastro.meh.es - Consortium for the Commercial Trade Unions. It is defined as a Promotion of Catalonia (Consorci de working class trade union, with a - Casa Àsia: this is the Spanish doorway Promoció Comercial de Catalunya - socialist orientation, for the to Asia and the Pacific region, and is COPCA): a body aiming to support the transformation of society.31 based in Barcelona. This public internationalisation of Catalonian www.ugt.es institution aims to contribute to a better businesses.26 mutual acquaintance and to facilitate www.copca.com - Immigration Bureau (Officina the exchange of culture, ideas and d’estrangers): this bureau is the main projects of mutual interest.20 point of reference for information about www.casaasia.org 45

46 - Ministry ofEconomyand Finance - - - Logistics ActivityArea(Zona - Labour Inspectorate(Inspeccióde - Integrated CentreforLogistics www.e-tributs.net www.mercabarna.es www.zal.es. www.cimalsa.es www.mir.es [email protected] www (Departament d'EconomiaiFinances): Mercantil): Mercatile Register(Registre Mercabarna: d’Activitats Logístiques-ZAL): Treball) CIMALSA): Mercaderies iActivitatsLogístiques- Activities andGoods(CentreIntegralde capacity toact. conferring onnewbusinessesfulllegal registering publicdocumentsand Barcelona. for multimodallogisticsactivitiesin which managesservicesandfacilities various taxes. the bodyinchargeofcollecting the processed here. applications andresidencepermitsare can beobtainedhere.Inaddition,work Comprehensive up-to-dateinformation the phenomenonofmigration. supplying over10millionpeople. agriculture centreinsouthernEurope, communications. equipment relatingtotransportand and administersinfrastructure Government whichplans,manages belonging totheCatalonian www .gencat.net/treballiindustria .rmc.es 34 35 the bodyinchargeof 38 the largestfoodand 37 a publiccompany 32 33 a body 36 - Ministry oftheEnvironmentand - - - Ministry ofUniverities,Researchand - http://mediambient.gencat.net www.xpcat.net/ www.gencat.net/dursi de Catalunya): Catalonia (Col·legi Oficiald’Economistes Official AssociationofEconomists of Ambient iHabitatge): Housing (DepartamentdeMedi Científics deCatalunya-XPCAT): Parks ofCatalonia(XarxadeParcs Network ofScienceandT (Institut Municipald’Hisenda): Municipal InstituteoftheT Informació -DURSI): d'Universitats, RecercaiSocietatdela (Departament the InformationSociety action matters. with competenceinenvironmental information society, etc. research centres,dataregardingthe information regardinguniversityand the CatalonianGovernmentwith activities. aim ofcreatingaddedvalueintheir knowledge-based businesseswiththe businesses, andcreatesnew groups, andresearchinstitutes university researchcentresand innovation community. Itcomprises of contactintheresearchand knowledge spaces,andactsasapoint transfer, disseminationanduseof groups togethertenlargeproduction, other publicentities. Council, itsindependentbodiesand other publiclawincomefortheCity taxes, pricestothepublic,finesand is tomanage,collectandinspect www .bcn.es/hisenda 42 39 a professional body 41 a departmentof 40 the authority echnology reasury its aim this - Official ChamberofCommerce, - Official AssociationofNotariesPublic - Official AssociationofIndustrial - Pacte IndustrialdelaRegió - group. offering servicestoengineersasa Industrials): Engineers (Col·legid’Enginyers www.colnotcat.es www.eic.es group. offering servicestoeconomistsasa start upanindustrialactivity competence whichmustbetakento the CatalonianGovernment’s a unifiedmanner professional relationship. relation totheircommercialand entrepreneurs intheBarcelonaarea interests ofbusinessesand independent bodywhichdefendsthe Navegació deBarcelona): (Cambra OficialdeComerç,Indústriai Industry andNavigationofBarcelona Catalunya) of Catalonia(Col·legideNotaris de Ges Offices (RegistreIndustrial-Oficines Official Register–UnifiedManagement www.pacteind.org and thepromotion ofemployment. linked toeconomicdevelopment range ofbodiesandorganisations business associations,andabroad administrations, tradeunions and regional association,formedbylocal Metropolitana deBarcelona: www.coleconomistes.com www www.ogu.es .cambrabcn.es 43 44 tió Unificada): 45 a professionalbody , thestepsunder it manages,in 46 . this isa 47 an 48

3. USEFFUL ADDRESSES

- Patronat Català Pro-Europa: a public - Strategic Metropolitan Plan of - Worker’s Trade Union of Catalonia consortium created in 1982 to Barcelona (Pla estratègic metropolità (Comissió Obrera Nacional de disseminate the information de Barcelona): a body which groups Catalunya - CCOO): federació territorial generated by the EU institutions to together the initiative and involvement del sindicat Comisiones Obreras, increase awareness of the EU’s of society to face the challenges posed d'àmbit estatal, que es defineix com policies and actions in Catalonia.49 by the Barcelona of the future, from sindicat reivindicatiu, de classe i unitari www.infoeuropa.org both the scientific (headed by the per a la defensa dels drets dels university) and the economic (with treballadors i treballadores.59 - Pimec: an employers’ association business, institution and trade union www.ccoo.es targeted at small and medium-sized representatives) worlds.54 businesses to defend their interests www.bcn2000.es - Zona Franca Consortium (Consorci de la and particularly to help them adapt Zona Franca de Barcelona): a body to the changing economic reality - Tax Agency ( Agència Tributària): the which develops strategic city projects around them.50 public body in charge of managing the in the real property and logistics fields www.pimec.es State and customs tax system as well and promotes economic activities as the resources of other Spanish or associated with the new information - Sistema d’informació Metropolità European Union public institutions technologie.60 d’Activitat Econòmica (SIMAE): an and administrations.55 www.elconsorci.net interactive consultation system www.aeat.es whose aims are to bring together - Zona Franca Logistics Park (Parc training and production systems and - Territorial Direction of Trade of Logístic de la Zona Franca): a company the different agents in the region in Catalonia (Direcció Territorial de offering national and international the context of economic activity and Comerç de Catalunya): this office, businesses a unique opportunity, innovation in the whole of the belonging to the Ministry of Industry, which will not be repeated, to set up Barcelona metropolitan area.51 Tourism and Commerce, provides both their logistics activities and their www.mcrit.com/simae information regarding external company headquarters in Barcelona. markets, formalities and data on This is consolidated as the main - Social Security Treasury (Tesoreria exports, imports and commerce in logistics centre in southern Europe.61 de la Seguretat Social): a body Catalonia. It is associated with the www.parclogistic.es where businesses can register their Spanish Institute of Commerce Abroad workers. It is also in charge of (ICEX).56 collecting Social Security www.mcx.es/barcelona contributions.52 www.seg-social.es - Territorial Services of the Ministry of Employment and Industry of the - Spanish National Research Council Government of Catalonia (Serveis (Consejo Superior de Investigaciones Territorials del Departament de Científicas - CSIC): this is the largest Treball) 57 public research body in Spain. It www.gencat.net/treballiindustria encom-passes all fields of knowledge, from basic research to - The Property Registry (Registre de la the most advanced technological Propietat Immobiliària): A record giving developments.53 notice of ownership of real property to www.csic.es third parties.58 www.registradores.org 47

3.2.2 CHAMBERS OF COMMERCE AND FOREIGN OFFICES FOR COMMERCIAL AFFAIRS IN BARCELONA

CHAMBERS OF COMMERCE 62 - Spanish Swedish Chamber of Commerce: (+34) 93 488 05 03 - American Chamber of Commerce in Spain: (+34) 93 415 99 63 - Languedoc-Roussillon Chamber of Commerce: (+34) 93 412 14 90 - American Consulate General: (+34) 93 280 22 77 OFFICES FOR COMMERCIAL 63 - German Chamber of Commerce in AFFAIRS Barcelona: (+34) 93 415 54 44 - Danish Trade Commission: - Belgium and Luxembourg Chamber (+34) 93 487 54 86 of Commerce: (+34) 93 237 94 64 - Québec Government in Barcelona: (+34) 93 481 31 88 - British Chamber of Commerce in Spain: (+34) 93 317 32 20 - Italian Institute for Foreign Trade: (+34) 93 415 38 38 - Chilean Chamber of Commerce: (+34) 93 310 15 85 - Argentinean Office for Commercial Affairs: (+34) 93 302 22 16 - Mexican Chamber of Commerce: (+34) 93 215 45 60 - Austrian Office for Commercial Affairs: (+34) 93 292 23 78 - UK Chamber of Commerce: (+34) 93 317 32 20 - Belgian Office for Commercial Affairs: (+34) 93 487 81 40 - French Chamber of Commerce and Industry: (+34) 93 270 24 50 - Hong Kong Office for Commercial Affairs: (+34) 93 236 09 30 - Italian Chamber of Commerce and Industry: (+34) 93 318 49 99 - Swiss Office for Commercial Affairs: (+34) 93 330 92 11 - Spanish Russian Chamber of Commerce: (+34) 93 218 72 95 - Toulouse Office for Commercial Affairs: (+34) 93 201 23 31 - Spanish Indian Chamber of Commerce: (+34) 93 318 84 41 - UK Office for Commercial Affairs: (+34) 93 366 62 00 - Spanish Israelian Chamber of Commerce: (+34) 93 321 94 49 - Portugal Tourism Board – Investments, foreign trade: - Spanish Norwegian Chamber of (+34) 93 301 44 16 Commerce: (+34) 93 414 40 41

BARCELONA, A GOOD INVESTMENT A practical Guide to doing Business in the City

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CIDEM BARCELONA MADRID NEW YORK TOKYO Passeig de Gràcia 129 Montalbán 9, 2º dcha. 445 Park Avenue, 14th floor Shuwa Kilicho TBR Building 1118 Passeig de Gràcia, 129 08008 Barcelona, Spain 28014 Madrid, Spain 10022 New York, USA 5-7 Kojimachi, Chiyoda-Ku 08008 Barcelona, Spain Tel: +34 934 767 291 Tel: +34 915 241 000 Tel: 1 212 775 8830 102-0083 Tokio Tel. +34 934 767 200 Fax: +34 934 767 303 Fax: +34 915 241 001 Fax: 1 212 755 8837 Tel: 81 3 3222 1571 www.cidem.com [email protected] [email protected] [email protected] Fax: 81 3 32222 1573 www.catalonia.com [email protected] www.spain-japan.com/2/cidem