Hi, thank you for your video. In terms of location and applying for a self-employed visa, from your experience would your say the 'Canary Islands' is better to move to for starting / restarting a business OR is mainland Spain better? I'm thinking in terms of 'taxes, opportunities for business, support from the government etc'. I've heard negative things when it has come to mainland Spain and operating a business there, compared to running it in the UK. So I am wondering is the Canaries Islands and any island in particular more appealing or just the same as mainland Spain... I will also look at the 'Digital Nomad Visa' when it is ready. My long term aim is to be a resident in Spain / Canaries. I am from Birmingham UK. Many thanks, Gary
I am not sure if you are better off. The Canary Islands have special tax rules applied to them. These are troublesome if you are shipping goods. Else for pure digital services, they could be more attractive. Here is an excerpt from the European Union. "Decision (EU) 2020/1792 of 16 November 2020 authorises the Spanish authorities to apply total exemptions or reductions of the local AIEM tax in respect of a limited list of locally manufactured products specified in the annex to that decision until 31 December 2020. These tax exemptions or reductions may not result in tax differentials of more than 15%. Nevertheless, this fiscal advantage is subject to a limit of EUR 150 million per annum." ec.europa.eu/taxation_customs/turnover-taxes-canary-islands_en
@@AskMeStartUp i can form a company in the UK in a coffee break for less than £20. i am in Spain now and there are so many more unnecessary processes, stages, forms and other BS - it drives me mad.
@@six-gun absolutely, even when you accept that the UK is an exception, southern European countries are always very bureaucratic. To my understanding, this has to do with the fact that there is a general lack of regular employment and hence, there are more jobs created by the state. In order to prove that they are essential, they come up with a plethora of documents and tasks other countries would never have.
@@six-gun Where in you Spain are you at ? Keep the company registered in the UK as you will get more subsides plus you'll pay less taxes compared to in Spain without the s
@@josephbenadam i am in Alicante. i think the better option is to form a branch company in Spain - i inquired with an account and they suggested forming a Spanish company over a branch as there would be low taxes for the first two years. Hmmm - i am happy to forgo those.
Please smash the like button. This video will show you the best countries for startups: th-cam.com/video/9sLw_xxmCMA/w-d-xo.html
I like open a bar and restaurant business in Spain.
thank you it was very short smart informtion :) , keep going
Thank you 🙏
I like your style Oliver❣
Could you make a vid about Hungary? I think this is a country worth considering.
Thank you Brigitte, will work on Hungary as well. Just takes time to do research and record a video 😉
Hi, thank you for your video.
In terms of location and applying for a self-employed visa, from your experience would your say the 'Canary Islands' is better to move to for starting / restarting a business OR is mainland Spain better?
I'm thinking in terms of 'taxes, opportunities for business, support from the government etc'. I've heard negative things when it has come to mainland Spain and operating a business there, compared to running it in the UK. So I am wondering is the Canaries Islands and any island in particular more appealing or just the same as mainland Spain...
I will also look at the 'Digital Nomad Visa' when it is ready. My long term aim is to be a resident in Spain / Canaries. I am from Birmingham UK.
Many thanks,
Gary
I am not sure if you are better off. The Canary Islands have special tax rules applied to them. These are troublesome if you are shipping goods. Else for pure digital services, they could be more attractive. Here is an excerpt from the European Union.
"Decision (EU) 2020/1792 of 16 November 2020 authorises the Spanish authorities to apply total exemptions or reductions of the local AIEM tax in respect of a limited list of locally manufactured products specified in the annex to that decision until 31 December 2020. These tax exemptions or reductions may not result in tax differentials of more than 15%. Nevertheless, this fiscal advantage is subject to a limit of EUR 150 million per annum."
ec.europa.eu/taxation_customs/turnover-taxes-canary-islands_en
great video :)
Thank You 🙏
How can contact you sir , can you please write your email :)
@@mohamedhamed220 askme@askmestartup.com
Great video, very detailed. You touched in al the subjects as expected!! Looking forward to more videos!👍🏼
Thank You Daniel, glad you liked my content. There are already a lot of videos on many countries out and more will follow. Thank you for subscribing😀🙏
What an amazing video! I appreciate your efforts!
🙏🏻 thank you 😊
Nice video.
Thank you very much 🙏
Whould you please make a video about running a business in Russia?
Thank you for the input. Will put Russia on my todo list. Cheers
Me and my other half are planning on setting up a business in Málag Spain focused purely on tourism, is this something you can help with?
I am happy to offer you a free consultation online to discuss your idea and challenges. Please feel free to contact me via email.
Hi
👋
Too much bureaucracy.
like in most European countries.
@@AskMeStartUp i can form a company in the UK in a coffee break for less than £20. i am in Spain now and there are so many more unnecessary processes, stages, forms and other BS - it drives me mad.
@@six-gun absolutely, even when you accept that the UK is an exception, southern European countries are always very bureaucratic. To my understanding, this has to do with the fact that there is a general lack of regular employment and hence, there are more jobs created by the state. In order to prove that they are essential, they come up with a plethora of documents and tasks other countries would never have.
@@six-gun Where in you Spain are you at ? Keep the company registered in the UK as you will get more subsides plus you'll pay less taxes compared to in Spain without the s
@@josephbenadam i am in Alicante. i think the better option is to form a branch company in Spain - i inquired with an account and they suggested forming a Spanish company over a branch as there would be low taxes for the first two years. Hmmm - i am happy to forgo those.