Intergenerational Equity Mechanism (IEM)

Law 21/2021, published on 28 December 2021, amends the public pension system and introduces the intergenerational equity mechanism, a tax aimed at distributing the cost of pensions among the different generations of workers, by 2023.

Read more

The new VAT rate on necessities

As of 1 January 2023, a newly Value Added Tax regulation, popularly known by its acronym: VAT, will come into force for certain food products, most of which are necessities.

Read more
December 30, 2022

Startups Law: new visa for teleworking

On 1 January 2023, with the new entry into force of the Startups Law, a novelty has been incorporated about foreigners: it is possible to migrate to Spain to reside while carrying out work or professional activity outside Spanish territory.

Read more
CINC