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.

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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.

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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.

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November 10, 2022

Start-ups Law

On November 3th, 2022, the green light was given to the approval of the new law on Promotion of the Emerging Business Ecosystem, or better known as the Start-Ups Law, which is expected to enter into force, by the government, on January 1, 2023.
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