• Operating Costs
• Tax System
• Generous Incentives

Operating costs

• Salaries well under EU average (EU-15, EU-25 and EU-27).

* Data of 2006

Source: Eurostat, 2009

• Competitive costs of commercial space.

Source: Cushman & Wakefield, 2009

 

• Very affordable utilities and communication costs.

Electricity prices in cents of €.

Source: Eurostat, 2009 

Source: Eurostat, 2009

 

Prices in euros for a 10 minute call at 11am including taxes on a work day.

Source: Eurostat 2009

• Exceptional quality of life and with a very reasonable cost of living

Source: Cost of Living Survey, Mercer Human Research Consulting. 

Tax System

• Attractive tax system for foreign investment.
• The most favourable fiscal incentives for R&D among OECD countries for large companies, and the second most favourable for SMEs.

Source: Eurostat 2009

• Competitive tax system for foreign investments

Source: Ernst & Young/Forbes Global 2008

Index based on income before taxes needed to reach break even for $1, taking in consideration corporate tax and R&D incentives (R&D incentives=1-index)

Source: OECD, Science, Technology and Industry: Scoreboard 2007

Generous incentives

• Investments incentives granted by the European Union, the national Government and regional authorities and they vary depending on the investment location

STRUCTURAL FUNDS

REGIONAL INCENTIVES

• Incentives for hiring and training workers within certain categories provides major labor cost savings to employers
• R&D: numerous financial and tax incentives to encourage innovation, technological improvement, and R&D projects in certain industries considered a priority due to their growth potential and impact on the Spanish economy

Last updated: 15|04|2009