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Offline Akashbd  
#1 Posted : 25 September 2022 22:04:32(UTC)

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The main measures of the new Entrepreneurs Law that the Government is preparing will be less bureaucracy, tax incentives, facilities to obtain credit and support for internationalization. Very soon it will be possible to have a new company ready just by having an Internet connection and a credit card. This reduction in the procedures for the creation of companies is one of the measures that the Government contemplates for its future Entrepreneurs Law. Which is scheduled for the first quarter of the year. In addition to greater agility for starting a business, the regulations would include mechanisms to benefit from financing and access to credit, among other plans. the portal for business creation established by the Ministry of Finance and Public Administration, responds to many of the needs of those who want to start their business activity.

The One Stop Shop that provides all the information on the necessary paperwork for the creation of new businesses, in just three 'clicks'. The Ministry of Finance contemplates the application of tax incentives for entrepreneurial activities. The new Entrepreneur Law seen in 4 basic points The Government contemplates in the foreseen law of entrepreneurs a series of measures to help finance and encourage future entrepreneurs to have capital to start up their Industry Email List businesses: 1- Promotion of networks of 'business angels': This type of private investor, not so well known in Spain but very widespread in developed countries, will have tax incentives that will affect personal income tax, corporation tax, on assets, successions, transfers patrimonial and documented legal acts.

Other more common ways of financing: Creation of a seed capital fund with mixed financing, that is, public and private. This line of credit will be used to help entrepreneurs with innovative projects, both to support them and for business management. 3- Improvement of microcredits: The Government will establish each year an amount allocated to microcredits managed through Enisa (National Innovation Company). These amounts will be aimed at entrepreneurs and small businesses that are less than three years old and that are not intended to refinance the business. Microcredits will be promoted for women, young people and people with disabilities. The law will also establish the bases so that growing companies can resort to adequate sources of financing , such as venture capital. 4- Capitalize the unemployment benefit.

Edited by user 26 September 2022 00:25:14(UTC)  | Reason: Not specified

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