Your space to grow and undertake: A creative environment in the heart of Madrid

After the weeks of disconnection that many of us enjoyed during the summer, we've now returned to our daily routine with maximum motivation. The month of September has meant restarting relationships and professional challenges we had already underway, with a realistic and positive attitude, or facing new challenges and goals.

In IL Coworking & Legal Services We are passionate about providing you with the best possible service, offering you the support you need to take on new ideas or projects.

Spaces designed for your success

Remember that our coworking space It allows you to work how and when you want in our positions designed to inspire creativity and productivity, adapting to any need you identify to meet your professional challenges.

You will be able to count on:

  • Modern individual stalls
  • Equipped meeting rooms
  • Spaces in the heart of Madrid designed to inspire creativity and collaboration
  • Perfect atmosphere to develop your projects successfully

Value-added services

As always, you will have a flexible workspace, designed to adapt to your needs, where you can also benefit from value-added services that will contribute to better and more expert professional performance:

  • Secretarial duties
  • Correspondence attention
  • Accounting and tax guidance service
  • Legal advice on various aspects
  • Registered, commercial or corporate address of your company

Regardless of your budget or needs, we make it easy to find your perfect workspace. Let us find a solution that works for you, through a completely personalized approach.

In short, we keep alive our priority of providing you a space to grow and be able to undertake.

BUSINESS PROJECTION

Spain's economic freedom is 71% below the average for developed countries.

He Institute of Economic Studies (IEE) placed Spain's economic freedom at the ranked 31st out of 38 OECD countries, with a 7% level lower than the average for developed countries. This is according to the report "Business Freedom in Spain. Index of Economic Freedom 2025," presented this September by the CEOE think tank and prepared by the Heritage Foundation.

International positioning

We are far from the top positions, which affects our economic progress and well-being. It is true that, in the world as a whole, we have the position 53 out of 184 in the world ranking, but our reference, according to the IEE, should be the most prosperous economies, since it is precisely the lack of economic freedom in the world that explains why developed countries remain a minority group in the total.

Variables that penalize Spain

The variables that penalize us the most are those derived from the excessive size of the State:

  • High level of public spending
  • Persistent fiscal imbalance
  • Ranked 33rd out of 38 in terms of fiscal health between OECD countries
  • High structural deficit
  • Growing public debt
  • Tax pressure affecting both businesses and families

This situation limits the State's ability to respond to crises, reduces the scope for tax cuts, and discourages private investment.

Freedom of enterprise

In the specific field of the freedom of enterprise, Spain is slightly above the OECD average, reaching a value of 102.1 points compared to the OECD average (base 100), but very far from the leading positions of the most developed countries such as Denmark or Australia, which have a higher freedom of enterprise in the order of 11% greater than Spain.

The problem is that the business profitability in Spain has suffered in the last decade, in parallel with the decline in economic freedom and the increase in regulatory pressure, which may explain the weakness of business investment in Spain.

IEE Conclusions

According to the IEE, the deterioration experienced in the investment ease ranking, where Spain ranks 20th among the 38 most advanced countries. This decline reflects a less favorable environment for business investment, with greater regulatory restrictions and less legal certainty.

Freedom of enterprise is not only an economic right, but a necessary condition for the dynamism of the productive system and for the sustainability of growth.

STATISTICS

Inflation rises two-tenths more in September and stands at 2.9%

He National Institute of Statistics (INE) has advanced that the Consumer Price Index (CPI) September advances to the 2.9% year-on-year compared to the previous month and breaks with two months of stabilization at 2.7%.

Key facts

  • The core inflation reflects a decline by standing at 2,3%, one tenth less
  • This evolution is mainly explained because the prices of the fuels and electricity They fell less than in the same month in 2024
  • He IPCA (Harmonized Index of Consumer Prices) is placed in September in the 3% year-on-year, rising by one tenth compared to August

Statements from the Ministry of Economy

The head of the Ministry of Economy, Carlos Cuerpo, he noted that "what we have is a process of progressive moderation. What we want is for it to continue getting closer, and we hope that in the coming months we will gradually approach the 21PT3T target, which is the European Central Bank's objective."

"Understanding that inflation figures vary and may trend slightly up or down month to month, the important thing is that the economy continues to perform well and citizens' wages continue to rise above inflation," Cuerpo emphasized.

Perspectives

The advance inflation figure is provisional. The National Statistics Institute will publish the final Consumer Price Index (CPI) figure for September next year. October 15.

If the data is confirmed, prices would increase four months on the rise -except for August, when they remained stable- since the minimum marked in May (2%).

ARTIFICIAL INTELLIGENCE

More than 971% of companies use AI, but are exposed to cybersecurity risks.

The vast majority of companies already use some kind of tool. Generative AI, whether for drafting documents, analyzing information, or resolving queries. This is confirmed by the report. Security Report Iberia 2025 by Check Point Software, which emphasizes that between the 97% and 99% companies already use tools based on artificial intelligence, and a 90% is prioritizing investments in generative AI to strengthen its cybersecurity.

Adoption without internal regulation

This technology has already become a common workplace companion. However, many of the companies that use generative AI do so without being fully aware that such a seemingly harmless practice how this could be putting the data they handle at risk.

As this report shows, AI has been integrated into almost all companies at an accelerated pace, but many times without establishing clear rules for its useThis has created a significant risk:

  • Tools used without authorization
  • Automated decisions that do not undergo human review
  • Greater vulnerability to cyberattacks that also rely on artificial intelligence

Cybersecurity Overview in Spain

Analyzing the landscape of Spanish companies, it has been found that some have a highly professional level of cybersecurity, while others present a protection landscape similar to a desert. Therefore, it is essential to emphasize that companies must improve:

  • Inspection tools
  • Your real responsibility for the data

The progress in recent years is unstoppable in this area and good proof of this is the recent creation of a Security Commission in Congress, something that was unthinkable a few years ago and which demonstrates that cybersecurity is a state issue.

Main risks detected

Among the most common risks identified by experts in the field, the following stand out:

1. Leakage of confidential data This is the case of employees who enter sensitive information such as contracts, business strategies, or source code into tools like ChatGPT, thereby exposing data to public models without adequate safeguards.

2. Use of personal accounts and free versions Without corporate subscriptions, many employees rely on their own accounts or open versions that lack traceability and security policies, compromising confidentiality.

3. Unattended automation Generating reports, decisions, or communications without reviewing AI-generated results can lead to serious errors, bias, or disclosure of sensitive data.

4. Insecure prompts Users who, under a false sense of privacy, include names, passwords, or internal paths in their queries to public models, exposing critical information.

Note: A prompt is a written instruction, question, or request given to an AI model to obtain a specific result.

Consequences of misuse

In addition, misuse of AI can lead to:

  • Intellectual property leaks
  • Unauthorized reuse by third parties
  • Legal breaches, especially if customer data is used without consent

Recommendations to minimize risks

To minimize these risks, it is recommended:

  • Establish clear policies on the use of AI in the workplace
  • Implement cybersecurity solutions with monitoring and protection capabilities
  • Train employees on good practices and associated dangers
  • Use enterprise versions AI tools that comply with privacy and security regulations

WEB PAGE DESIGN

Mandatory web accessibility for businesses: How does it work?

Last June the Law 11/2023, which transposes European Directive 2019/882 on accessibility requirements for products and services.

What does this regulation require?

This standard requires the adaptation of:

Products:

  • Smartphones
  • E-book readers
  • ATMs

Services:

  • Websites
  • Apps
  • E-commerce
  • Banking
  • Transportation

All this so that they are accessible to people with disabilities.

Who is required to do so?

Both public administrations and private companies (manufacturers, importers, distributors or service providers) whose activity belongs to the sectors listed in the standard must ensure the accessibility of its digital channels.

Although digital accessibility regulations are aimed at companies in very diverse sectors, those that are most affected are those that They sell products and services over the Internet, that is, through electronic commerce.

In addition, the following are also affected:

  • The online banking sector
  • Financial services
  • The pharmaceutical sector
  • The health sector
  • The real estate sector
  • The transportation business
  • Telecommunications

Exemption for micro-enterprises

For the moment, the micro-enterprises with fewer than 10 professionals and with a turnover of less than two million euros per year They are not required to adapt their website. This is because the financial and administrative burden of complying with all the requirements could be disproportionate to their size and resources.

Now then:

  • The microenterprises are exempt of the strictest obligations
  • The SMEs must comply with requirements adapted to its size and resources
  • The large companies They must ensure the full accessibility of their digital platforms and services

Obligations for web design

A website with a accessible design It is one that is designed so that it can be used by the greatest number of people possible, including people with disabilities.

Some of the main requirements established by this regulation:

1. Accessible payment process With options adapted for people with disabilities.

2. Compatibility with assistive technologies

  • Screen readers
  • Keyboard navigation
  • Other types of assistive technologies

3. Mouseless Navigation Ensure that all website functions can be used without a mouse.

4. Alternative text in images So that people with visual impairments can understand its content.

5. Simple web structures Avoid complex structures and enable simple and predictable navigation.

6. Color contrasts Using color contrasts to ensure that the text is legible.

7. Accessible forms Embedding simple, easy-to-fill forms.

8. Accessible multimedia content Implementation of videos with subtitles or audio file transcriptions for people with hearing impairments.

9. Accessible customer service Offer accessible customer service and support services, providing users with multiple communication channels: email, calls, and chat.

10. Periodic audits Mandatory periodic audits to ensure compliance with web accessibility standards.

CURRENT TAX

The QR code and the use of Verifactu will be mandatory on invoices starting in January 2026 for companies.

As we have been reporting on previous occasions, the invoice issuing system will change significantly in a matter of months. The Royal Decree 1007/2023 introduced the system Verifactu, which will require all invoices to include a verifiable QR code to ensure traceability and fiscal control.

Objective of the Verifactu system

The objective, as explained by the Tax Agency, is to ensure that:

  • Each invoice is recorded
  • It cannot be manipulated or deleted.
  • Data can be communicated in real time to the Treasury

Implementation deadlines

July 29, 2025 – Entry into force of the first deadlines:

  • All billing programs marketed must be certificates
  • They must comply with the technical requirements defined by the Tax Agency

January 1, 2026 – Obligation for commercial companies:

  • The obligation to use these systems in billing will be effective for commercial companies

July 1, 2026 – Obligation for self-employed workers:

  • The obligation will be effective for self-employed

Sanctions

In accordance with current regulations, the use of non-compliant software may lead to fines of up to 50,000 euros in certain cases.

QR code features

The QR code will be a graphic representation of a size between 30x30 and 40x40mm, which must appear at the beginning of the invoice.

Thanks to this, the invoice recipient will be able to:

  • Scan the code using your mobile phone or other electronic device.
  • Access the AEAT electronic headquarters
  • Receive a verification response

Types of response according to the system

1. Verifactu (Verifiable SIF) If the invoice was generated through a verifiable SIF, the Treasury will compare the information received with the billing records submitted by the issuer and then inform the recipient whether the invoice was:

  • «Located»: means that it has been correctly declared to the Treasury
  • "Not found": there could be some irregularity

2. No verifactu (unverifiable SIF) If the invoice was generated through an unverifiable SIF, the Treasury will not be able to compare the billing records because they will not have been sent. In this case, the response message will be "unverifiable invoice".

Structured electronic invoices

As for the invoices with digital signature (the so-called structured electronic invoices), since they are not generated in paper or PDF or similar, must include, instead of a graphic representation, a URL of the AEAT electronic headquarters which, like the QR code on a paper or PDF invoice, will allow recipients to access the Treasury's verification service.

The Community of Madrid announces a new regulation to support family businesses with specific tax incentives.

The Community of Madrid has announced its intention to improve support for family businesses, through a future specific regulation for this important business network: the so-called Family Business Support Law.

Objective of the law

The intention is to reinforce the continuity of about 450,000 companies that make up the 93% of Madrid's business communityThis announcement represents further support for a sector of high strategic value. Family businesses are characterized by their decisive role in terms of employment and contribution to GDP.

Main contents

The anticipated contents of the future law point to a set of combined instruments:

1. Tax benefits in succession and transmission Consolidation of tax benefits linked to the succession and transfer of the business, with the aim of avoiding the forced sale of assets upon the founder's death and ensuring the continuity of the business.

2. Tax deductions and reductions Linked to processes of:

  • Modernization
  • Digitalization
  • Innovation

Essential elements in a globalized and technologically disruptive market.

3. Financial support Grants or soft loans for expansion and adaptation projects.

4. Administrative simplification Measures that allow family SMEs to operate more agilely in the face of bureaucracy.

TODAY COMMERCIAL

Keys to keep in mind when calling meetings online

The celebration of telematic meetings It is permitted provided that this circumstance is provided for in the statutes of the commercial company and the rights of the partners are guaranteed, in accordance with the Capital Companies Law, article 182.

Recording of meetings

They can even be recorded, although to do so the administrator must:

  • Obtain consent from attendees (image and voice are personal data)
  • Inform them about the purpose of the request
  • Make it clear that you will archive the data obtained with appropriate security measures.

Requirements for the administrator

If you are an administrator, you must meet all the requirements relating to the call:

  1. Request advance proposals Ask members to submit their proposals and questions to you before the meeting.
  2. Facilitate the connection link Provide them with the link to connect to it and inform them of the technical means to do so.
  3. Responses to partners Responses to partners may be given during the meeting or in writing within the following seven days.
  4. Identification of partners If the member does not identify themselves in the manner specified in the summons (for example, by showing their ID to the camera or, if they are a representative, by submitting their powers of attorney in advance), they will be deemed not to have appeared.

Obligations of partners

It is also the partner's obligation equip themselves with the necessary technical means to connect:

  • Device with internet
  • Solvent coverage
  • Downloading the application used

Incident management

Regardless of these issues, it is advisable anticipate possible incidents:

Sudden disconnection from a partner They can establish that if a member's sudden disconnection is detected, the meeting will be suspended for a reasonable period of time until a new connection is made.

Disconnection after voting If a member is disconnected after casting their vote, but before the minutes are approved, they will not be approved. The affected member may approve them within a maximum of 15 days.

Incident that prevents voting If the incident prevents a member from voting, they should be aware that the law does not allow them to do so at a later time.

Alternatives If the incident is not resolved, an additional alternative would be suspend the meeting and resume it the next day.

However, since the member is responsible for providing the necessary technical means, it is recommended that this option be provided for in the bylaws or tested by all members at the beginning of the session.

Requirements for not closing the Commercial Registry due to failure to file accounts

He Registry closure due to lack of filing of accounts does not occur If it is certified before the Commercial Registry by the appropriate certification of the administrative body that the accounts have not been approved by the general meeting.

Periodic justification

However, to avoid a subsequent closure, such a situation must be justified. every six monthsThis ruling stems from the case of a company that had requested the filing of its 2023 accounts. More than six months had passed since the certificate of non-approval of the accounts was registered, so the registry was closed again.

Liability insurance requirements

The commercial registrar refused to register it, arguing that, although the company is allowed to contract a civil liability insurance for its administrators, such insurance is a remuneration concept in favor of the directors regarding which, in this case, the requirement of being recorded in the bylaws is not met, but is left to the discretion of the general meeting or the board itself.

Resolution of the DGSJFP

The General Directorate of Legal Security and Public Faith dismissed the appeal filed by the company. It points out that the disputed clause does not comply with the requirement arising from the LSC art.217 to determine the remuneration concept or concepts to be received by the administrators, since it establishes a remuneration system or concept (LSC art.249.3 and 260, eleventh mention) that:

  • Being applicable to all directors, and not only to executive directors
  • It is not cumulative
  • Its existence is not fixed in the bylaws, but depends on the decision of "the Company"

Executive Directors vs. Other Members

Such a clause would only be valid for members of the board of directors who are not managing directors or otherwise assigned executive functions.

In relation to the "executive directors", and in line with the flexibility that in the interpretation of the LSC art.217 and 249 sponsors the TS ruling 26-2-18, it has been admitted that:

  • Even though the different remuneration concepts must necessarily be included in the company bylaws
  • These may be referred to the contract entered into by the company with the executive director.
  • To specify whether the employee will be remunerated for all or only some of the remuneration concepts established in the statutes

CURRENTLY WORKING

Uncertainty about the future processing of the reduction in working hours

He Congress of Deputies finally did not pass On September 10, the bill to reduce the working week from 40 to 37.5 hours without reducing pay was passed.

Voting result

As planned, the amendments to the whole presented by PP, Vox and Junts have been approved with:

  • 178 votes in favor
  • 170 against

Therefore, the law has been returned to the Government without being able to continue its parliamentary process.

Government's intention

The measure is a a key focus on the Executive's roadmap, so, despite the parliamentary defeat, the government will once again bring the bill to Congress. However, the process will have to be restarted with a new text, so the process until it is approved is long.

Content of the rejected project

The governing coalition that pushed for the measure, led by the PSOE and Sumar parties, has not renounced bringing the regulation back to the Council of Ministers, which, in addition to reducing working hours, also includes:

  • Changes in time control
  • A specific sanctioning regime of up to 10,000 euros per worker to companies that fail to comply with it

Reinforcement of time recording

Under this situation, the Ministry of Labor is determined to approve as soon as possible at least part of the project to reduce working hours that Congress rejected two weeks ago: the reinforcement of time recording.

Regulatory development

It's worth remembering that the Workers' Statute was amended in 2019 to require time recording in companies. However, the Ministry of Labor believes that this legislation fell short and fails to prevent unpaid overtime, and therefore believes it requires regulatory development, which was not addressed at the time.

Hence the initiative does not require the approval of Congress, as it is not a change in a law, but rather a regulatory development of a rule already in force.

However, the change in time recording will not go as far as both the Ministry and the unions had hoped, at least for now.

The cost of absenteeism will grow by 101% in 2013 and will exceed a cost of 32 billion euros.

According to the Association of Workplace Accident Insurance Companies (AMAT), in this year 2025 the cost of absenteeism from work derived from common contingencies will grow around 10% overcoming the 32 billion euros. Likewise, the number of processes initiated for these sick leaves will grow more than one 6% overcoming the 9.2 million.

Need for action

«The reduction in the number of short-term sick leave processes initiated, the shortening of the unnecessary duration of sick leave and the elimination of the pool of processes with a duration of more than 365 days, which already exceed the 210.000, almost five times more than those existing just before the start of the Pandemic in 2020, is urgent," according to AMAT president Juan Roca.

Impact on productivity

The president of CEOE, Antonio Garamendi, has emphasized the harm these sick leave inflicts on business productivity and competitiveness, generating "unaffordable costs that directly affect the competitiveness of companies and negatively impact their efficiency, profitability, and the work environment itself."

Antonio Garamendi insists that absenteeism is a "endemic evil" which leaves many companies, especially SMEs, "on the ropes."

CEOE Position

The CEOE emphasizes that, although the problem of non-work-related accidents and illnesses is not within companies, they can and should contribute to preserving and improving the health of workers who need it, as most companies already do.

He also insists that workers cannot be criminalized, when the vast majority are suffering the consequences of the inefficiencies of the management system of these public benefits.

Negotiation of the AENC

In view of the imminent negotiations to renew the Agreement on Employment and Collective Bargaining (AENC) which will provide guidelines for negotiators of collective agreements in the coming years, the CEOE will also address the issue of absenteeism.

In this sense, the employers' association has already announced that the growing problem of sick leave and the need to address measures to tackle it as sine qua non condition for agreeing on a new path for salary increases.

By virtue of this, entrepreneurs They will demand solutions to the sick leave crisis in order to negotiate any salary increase..

NEWS

IL Coworking offers you stays in prestigious hotels at the best prices.

Remember that IL Coworking & Legal Services offers you a range of different options to choose from, including stays at renowned hotels with exclusive discounts. Contact us and we'll explain in detail the additional privileges you receive as part of our community.

  • ONE SHOT HOTELS: Thanks to our collaboration with ONE SHOT HOTELS, we are offering our guests a corporate discount. Under this collaboration, our guests will be able to enjoy a 10% discount on the best public rate without restrictions when staying at the ONE SHOT Luchana 22 and ONE SHOT Fortuny 07 hotels.
  • IBIS STYLES MADRID CENTRO MARAVILLAS: Our guests can enjoy a 10% discount on their stay at the IBIS STYLES MADRID CENTRO hotel. This special offer is valid from Sunday to Thursday.
  • HOTEL FINCA FUENTE TECADA: IL Coworking & Legal Services has signed a collaboration agreement with Hotel Finca Fuente Techada, in Sotosalbos (Segovia), also offering our guests a 10% discount if they want to stay in a unique location.

Our mission

Our intention is to provide you with a practical tool to make your day-to-day process of creating and managing new projects or businesses easier, transforming ideas into products and services, or giving you guidance in the process of creating companies that respond to your professional objectives and goals.

Always count on us and our coworking space to make your challenges a reality.

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IL COWORKING & LEGAL SERVICES – ACOUNTAX MADRID

IL COWORKING & LEGAL SERVICES has signed a collaboration agreement with the signature ACOUNTAX MADRID, through which all our clients, if they so wish, will be able to access important value-added services.

Available services

Under this agreement, IL COWORKING & LEGAL SERVICES offers optional support and advisory services for self-employed individuals and entrepreneurs, including:

  • Company domiciliation
  • Administrative and secretarial management
  • Accounting and tax advice
  • Legal support in all branches of law covered by the firm ACOUNTAX MADRID

Special conditions

For all clients of IL COWORKING & LEGAL SERVICES a system of special rates and fees which will facilitate access to the experience and specialization of the team of lawyers at ACOUNTAX MADRID.

Special discount

All clients of IL COWORKING & LEGAL SERVICES who may require legal defense or representation in litigation and the corresponding legal assistance will have access to a Special discount on professional fees from Acountax Abogados., a firm associated with a team of lawyers with extensive experience and knowledge in various areas of law, providing quality service based on the best legal practices.

Get in touch with us

We will be happy to provide you with any information you may need.

CONTACT

IL COWORKING & LEGAL SERVICES

Address:
Bilbao Roundabout No. 1, 3rd floor, right
28004, Madrid

Phone:
+34 91 117 94 82
+34 900 264 918

E-mail:
info@ilcoworking.es

Schedule:
Monday to Friday: 8:30 – 21:00

Web:
www.ilcoworking.es

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