New challenges in 2025

Let's celebrate together the bright future that awaits us

By 2030, the geography of the labour market will change to the point that 30% of offices in our country will be in coworking facilities, as predicted by a recent study. This data confirms that coworking spaces are increasingly used by thousands of companies to implement the diversity of work models that currently exist.

However, even though coworking is booming, efforts are needed to ensure that this way of working “progresses adequately.”

For this reason, we are committed to ensuring that, by 2025, IL Coworking & Legal Services We will continue to strive to provide you with the best possible service. We value the care of the workplace: a clean, modern and tidy environment will make relationships much easier, without creating distractions and discomfort. The coworking model is based on sharing resources, so the use of the facilities affects all members.

Similarly, over the past few months we have been aware of the importance of providing you with tools that encourage collaborative work in our facilities, focusing our efforts on communication and empathy. The importance of combining private areas with collaborative spaces to make the worker's experience as productive as possible is well-known, especially when most of the users of the spaces are corporate companies that require moments of inspiration and generation of ideas, as well as concentration and greater privacy. All of this will be within your reach in 2025. IL Coworking & Legal Services.

Ultimately, this work model is based on relationships based on respect, relationships that can become a good opportunity to start a conversation with the rest of the workers. Meeting different people allows you to discover new proposals and ideas, which can be very useful when identifying new market niches to explore. Coworking is not limited to personal interactions, but also facilitates business synergies, whether at an operational, collaborative or investment level.

In IL Coworking & Legal Services We want 2025 to be a year full of opportunities for your business and for us to have the opportunity to celebrate it together. A bright future awaits us and we want to share it with you.

ENTREPRENEURSHIP

Do you want to be an entrepreneur next year? Learn about the most profitable businesses.

The business world is constantly evolving and 2025 promises to be a period of significant change and unprecedented opportunities, given the forecasts for economic growth in our country and a gradual improvement in consumer prospects. In addition, as technologies advance, consumer demands change and global concerns such as sustainability and health gain prominence, so that profitable businesses in 2025 will be those that know how to adapt and anticipate these trends.

Taking these considerations into account, Imagine Business has put together an interesting guide of profitable business ideas that may be very useful to you, which are summarized as follows:

1. Customized Products and Services: The New Frontier of Commerce

By 2025, personalisation will have established itself as one of the driving forces behind profitable businesses. Consumers are no longer satisfied with generic solutions; they are looking for products and services that perfectly fit their individual needs and preferences. Within this field, the personalised fashion and accessories sector is gaining prominence, alongside the market for bespoke technology and electronics. Likewise, wellness is a growing sector that is seeing increasing demand for personalised solutions. From food supplements designed for individual needs to fitness programmes tailored to each person’s specific abilities and goals, this is a field full of opportunities.

2. Virtual Assistants and Remote Services: The Future of Work

The rise of remote work and automation of routine tasks is creating a booming market for virtual assistants and other remote services. These services are not only convenient for businesses, but also represent a profitable business opportunity for entrepreneurs looking to offer efficient digital solutions.

3. E-Commerce: Innovation and Diversification in the Sale of Products Online

E-commerce will continue to be one of the most dynamic and profitable sectors in 2025. However, to stand out in a saturated market, entrepreneurs will have to innovate and find unique niches where they can offer products and services that appeal to their target audience. Remember that, in 2025, customer experience will be a determining factor for the success of any online store.

4. Software Development and Mobile Applications: Creating Innovative Digital Solutions

With the growing demand for digital solutions in virtually every sector, from education to health and entertainment, the opportunities for entrepreneurs with technical skills are vast. An example of this can be found in the growing applications for well-being and, specifically, for mental health, without forgetting software for business management, aimed at providing tools to be more efficient and competitive.

5. Green Economy and Sustainability: Opportunities for Ecological Businesses

Climate change and the pressure to adopt more sustainable practices are driving a revolution in how business is done. Companies that manage to offer products and services that are not only profitable, but also environmentally responsible, will be in an advantageous position.

The road to profitable business success in 2025 will be full of challenges, but also unprecedented opportunities.

By focusing on personalization, sustainability, technology and customer experience, and creating a well-structured and adaptable business plan, you will be in a prime position to take advantage of these opportunities and build a business that thrives in the dynamic marketplace of the future.

PROFESSIONAL INNOVATION

How will the way of working evolve in 2025?

December is always a good time to reflect on what we have learned in the previous twelve months, but it is also the ideal time to start planning for the new year. As far as the evolution of the way we work is concerned, we must continue to pay close attention to variables such as artificial intelligence, the opportunities offered by remote work or the development of new skills.

Artificial intelligence as a support tool in professional performance.

It’s no surprise that artificial intelligence and its evolving capabilities continue to dominate headlines in relation to the future of the workplace. However, the view on AI and its role in the world of work is changing.

A YouGov study in the US earlier this year confirmed growing concerns among workers about AI's ability to eliminate jobs. Specifically, 561% of professionals feel that job opportunities will decrease, while those who use AI tools are the most alarmed by the possibility of this technology replacing people. The truth is that AI will need to be seen as a constructive support, so that it becomes a tool that adds value to work. In this sense, Jamie Dimon, CEO of JPMorgan Chase, foresees a world in which workers adapt, rather than being left out.

Where will we be working from next year?

Remote working is booming and seems to have become the new norm. In fact, according to projections by The Economist, there could be more than one billion remote workers by 2035. More and more organizations in these fields are open to discussing and adopting flexible work arrangements, whether remote or hybrid.

The flexible modality, which combines face-to-face and remote work, is becoming an increasingly popular option. This scheme allows organisations to take advantage of both approaches: face-to-face interaction and the flexibility of online work.

In the Hays Spain Job Market Guide, professionals named flexibility as the second most important factor when deciding between companies (after salary).

According to data from Upwork, the number of remote workers is expected to increase from 25% of the workforce in 2022 to 30% by 2025.

This transformation is leading organizations to rethink their work schemes, adapting their culture, structures and tools to face the challenges and opportunities that arise with the rise of remote work.

But what is driving this trend? On the one hand, organizations recognize that talent values the benefits of flexible work when planning their professional development. A recent study indicates that the possibility of working remotely can increase employee happiness by 20%.

In parallel, the emergence of digital tools that facilitate communication, collaboration and coordination in remote environments has allowed organizations to see the implementation of remote work as increasingly viable.

Create new professional skills through specialization.

Specialization will be the key to more and better job opportunities. We must not forget that the world of work is very competitive, especially in those sectors where the demand for services is high and the supply of specialists is low. There are fields, such as sustainability or technology, where specialization will be an asset for professional growth.

Having a specialization allows workers to increase their productivity. Perhaps the most obvious advantage of job specialization is that it allows them to become highly competent in a specific job function.

By focusing your career on a specific area of expertise, you can hone your skills and become a better employee, giving you solid job stability.

ECONOMIC OUTLOOK

How the economy will affect Spanish companies in 2025

The “Perspectives 2025” report analyses economic and business projections for next year, anticipating moderate and sustained growth driven by tourism, construction and the advancement of sustainable strategies.

A year ago, rising interest rates and inflation raised fears of economic stagnation, but that has not happened: forecasts for 2024 have been revised upwards due to improved employment and service exports, and there is indeed optimism about the year that is about to begin. With moderate growth expected, BBVA Research's "Perspectives 2025" report highlights that we are in an excellent position to grow, innovate and diversify, as well as to address any pending issues, such as digitalization or the green transition, which will allow companies to remain competitive.

There is no doubt that the environment is quite positive, as we have seen relatively high employment growth and the expectation for this year is to grow by 2.91%3Q, mainly thanks to exports of tourist services (the spending made by tourists in Spain is 401%3Q above 2019 levels); an increase in immigration, which is allowing for an increase in the capacity for job creation, and the recovery of private and public consumption to the extent that the increase in interest rates has been limited.

Although the outlook for 2025 is optimistic, it is necessary to take into account that some risks are looming in the short and medium term, mainly motivated by some international socio-political circumstances.

From a local perspective, we should not overlook the fact that the problem of access to housing could worsen over the next two years, with expected increases in prices during that period.

In order to maintain growth, it is vital to boost the labour market. In this regard, the report reflects that around 450,000 jobs are expected to be created this year and that around 425,000 will be created in 2025. As regards labour supply, an increase in the participation rate of certain groups is observed, especially among women aged 25 to 45.

In any case, real wages also have room to grow, as much of the increase in demand is expected to be concentrated in services.

Fiscal consolidation in Europe, driven by a widespread commitment to reduce public deficits and government debt, will have a negative impact on growth.

In this sense, domestic demand will be hampered by growth, tax increases or reductions in public spending.

KEY POINTS:

 The growth in employment and the recovery of real wages and corporate profits are likely to continue, thanks to the improvements in competitiveness that have been achieved, the decline in interest rates, immigration and the expected acceleration in the eurozone economy.

 The first risk scenario, both in terms of probability of occurrence and possible impact, is the one that would occur if the increase in the cost of accessing housing accelerates, in an environment in which supply problems remain unresolved and the number of households continues to increase.

 The second risk scenario would come with a monetary policy that becomes less restrictive, boosting demand, which would lead to more inflation and losses of competitiveness.

 Related to the latter, the third risk scenario has to do with the consequences of low investment growth in recent years and the possibility that this will lead to an environment of lower activity in the future.

SOCIAL RESPONSIBILITY

The social footprint in companies: a growing commitment

Significant progress has been made in equality and the number of people with disabilities entering the labour market is increasing, while the commitment to teleworking and sustainable commitments is being strengthened.

In the current context, the social impact of companies is not only assessed based on their financial results, but also on their ability to contribute to the well-being of society and sustainable development. This evolution in the approach to business management responds to a growing demand from various stakeholders, who expect organizations to play a responsible and proactive role in improving social, environmental and economic conditions.

Customers, investors, employees, regulators and society in general demand that companies not only generate economic value, but also make a clear commitment to society. Based on these premises, the Forum of Leading Spanish Brands (FMRE) and the SERES Foundation have carried out a study to evaluate the social impact of each of the activities that companies carry out on a daily basis. Specifically, this study has analysed five strategic sectors: Energy, Hotels, Food and Beverages, Industry and Habitat, and Fashion and Retail.

This report highlights the commitment of FMRE companies in different sectors to social development, with the trend towards gender balance being particularly noteworthy: 55.2% of the workforce is female, highlighting a clear commitment to equal opportunities, especially in the Fashion and Retail sector, where women represent 75.6% of the staff. 30% of companies have a gender balance in management.

Also noteworthy is the creation of new job opportunities in the area of incorporation of people with disabilities into the labour market, so that 2 % of the workforce corresponds to this group, meeting and exceeding the minimum requirements in each sector.

Another factor to take into account that consolidates the commitment to workers is the improvement of job stability, with a low turnover rate of 8 %.

On the other hand, the commitment to flexibility in the exercise of work has been confirmed, with a clear reinforcement of teleworking, so that 29.5% of employees in the sectors analysed have flexibility or teleworking options, almost double the Spanish average.

Equally notable is the involvement with the commitment to sustainability, the circular economy and responsible consumption, which materialises in the implementation of sustainable practices, highlighting 47% of companies in the Industry and Habitat sectors that apply circular economy policies and 100% of Food and Beverages in responsible consumption.

By sector, the following values of social commitment in customer service and their community are noteworthy, depending on the sector analyzed:

• Energy, with an outstanding continuity of supply: the average interruption time TIEPI is 0.6 minutes, 43% below the national average (1.1 minutes).
• Industry and Habitat: A 79% of companies has specific product standards for each industry and intended to ensure safety, quality and compliance with specific regulations.
• Food and Beverage: All companies have declared that they have awareness and sensitization programs for customers regarding responsible consumption.
• Fashion and Retail, with their commitment to circular economy programmes: 69% of companies have some kind of awareness and sensitisation programme on responsible consumption and promoting the circular economy.
• Hotels, which maintain the local fabric: 91% of hotel sector purchases are concentrated in local suppliers.

CURRENT TAX

Tax reform approved

Parliament approves the bill that sets the global minimum rate for multinationals, the new tax on banks, the tax increase on savings or the tax reductions for SMEs, but the tax on energy companies is not repealed

The tax reform has finally been approved. The Congress of Deputies has given the final approval to the tax reform promoted by the Government, after a tough negotiation with its parliamentary partners, which has left important tax-raising measures on the way, such as the rejection of the tax on energy companies.

The law approved by Parliament includes a considerable battery of tax measures, as its official name already summarises: Bill establishing a Complementary Tax to guarantee a minimum global level of taxation for multinational groups and large national groups, a Tax on the interest margin and commissions of certain financial entities and a Tax on liquids for electronic cigarettes and other tobacco-related products.

The main body of the law is based on the transposition text of the European directive that introduces the global minimum rate of 15 % for multinationals.

The aim is for companies with a turnover of more than 750 million euros to pay taxes on at least 15% of their adjusted accounting profit. This is the so-called Pillar 2, agreed by 138 OECD countries to prevent large corporations from having activity in certain territories, taking advantage of the fact that they are limited to paying taxes on their headquarters in other countries with lower taxes.

In Spain, which had to adapt the regulation to its legislation before 2024, a Community sanction was already at stake for the accumulated delay, which led Brussels to denounce the country before the Court of Justice of the European Union (CJEU).

From there, the Government and its parliamentary partners introduced, through amendments, a series of tax measures, including the creation of a new tax on banks, which will replace the current one during 2024, 2025 and 2026, with a marginal rate of 7% on the interest and commission margin.

Also added was an increase in the marginal rate of personal income tax on savings, which rises to 30% for capital gains from 300,000 euros; the recovery of the triple tax increase that former minister Cristóbal Montoro promoted by decree and the Constitutional Court overturned in January.

Other tax measures are also being considered, such as tax cuts for SMEs, a specific tax on vaping, increases on tobacco, or a plan for anti-fraud measures in the VAT on hydrocarbons.

2025 module order published: limits for self-employed persons to pay taxes in objective estimation

The BOE has published the new order that maintains the income limits for self-employed workers who pay taxes in modules. Experts predict that in 2026 a new transitional regime could be approved to put an end to the objective estimation system.

The order published in the BOE, which establishes the conditions of the modular system for 2025, as expected, maintains the limits and application rules that were established for the previous year, and which will come into force at the beginning of next year.

In this way, the order that regulates the objective estimation method for 2025 sets limits on net income below 250,000 euros per year - when selling to individuals - or less than 125,000 euros - when billing companies. Therefore, those self-employed workers who do not adhere to these limits must leave the system. If they want to voluntarily renounce this regime, the self-employed can already carry out the procedure, until next December 31, although the resignation will also be considered valid if they present their declaration of the fractional payment of the first quarter by direct estimation on time. In addition, as in subsequent years, the reduction of 5% on net income for all self-employed persons in this regime is maintained, eliminating the special reduction for self-employed persons in the field - launched for this 2024 -, and including, as a novelty, a reduction of 25% for those self-employed persons in this tax system affected by the DANA.

This could be the last year in which self-employed workers can pay taxes in modules, given that important changes are expected for 2026, which could lead to a transitional regime replacing the current objective assessment. This would modify the expenses and the respective deductions that self-employed workers can apply in this system.

TODAY COMMERCIAL

Electronic invoicing for the self-employed is not expected to be mandatory until at least 2027

Electronic invoicing for the self-employed will not be mandatory until at least 2027, as the regulations that implement the Create and Grow Law, which establishes the obligation of electronic invoicing for companies and the self-employed, are still pending development, according to the Union of Self-Employed Professionals and Workers (UPTA).
The implementation of electronic invoicing is expected to take place from January 2026 for companies and from 1 July 2026 for self-employed workers, at which point the obligation to issue invoices in electronic format should begin (although only in certain cases).

To do this, companies and self-employed workers will have to have and use approved software, which may be public (developed by the Tax Agency) or private, which allows invoices to be issued in this electronic format, with a QR code.

However, the regulation that establishes and specifies the obligation for companies and self-employed persons to always issue (and not only in certain cases) invoices in electronic format and the obligation for companies and self-employed persons to also receive invoices electronically (as clients), as well as the automatic sending of these to the Tax Agency, is still pending approval.

According to the organization -one of the three legally recognized as the most representative, together with ATA and Uatae-, the obligation to invoice electronically will come into force in phases. First, the Ministry of Finance must approve a regulation to regulate the process.

Once this regulation is approved, companies with an annual turnover of at least eight million euros must comply first. They will have one year to adapt, starting from the approval of the regulation. And then the self-employed will come, according to Upta's account, who will have two years to adapt, starting from the entry into force of the regulation. This regulation has not yet been approved, so it is estimated that the obligation will come into force at the earliest in 2027.4

Compliance and sustainability are the pillars of the future of companies

• Regulatory compliance and sustainability factors (ESG) are not merely legal requirements, but essential tools for business growth and competitiveness.

Exploring the intersection between Compliance and ESG reveals a link that promotes integrity, transparency and long-term value creation. In this regard, we recall that ESG criteria refer to environmental, social and corporate governance factors that are taken into account when investing in a company. While Compliance focuses on ensuring that companies operate within the limits of the law, ESG broadens this approach by incorporating ethical and sustainable considerations into all operations.
Integrating ESG into the Compliance field involves not only complying with regulations, but also adopting principles that go beyond, addressing issues such as carbon footprint, diversity and inclusion, and corporate governance.

Regulatory compliance has traditionally focused on legal risk management. By incorporating ESG, companies expand their scope to address risks and opportunities related to environmental, social and governance issues. Taking preventative measures to mitigate risks associated with climate change, workforce diversity and ethical practices not only strengthens sustainability, but also positions the company to capitalize on emerging opportunities in an increasingly conscious world.

Essential business tools

Supreme Court Justice Vicente Magro recently made it clear that compliance and sustainability are not merely legal requirements, but essential tools for business growth and competitiveness.

“The implementation of effective compliance and sustainability programs should not be seen as a cost by businesses, but rather as a strategic investment that strengthens competitiveness and improves corporate reputation,” said Vicente Magro. He also urged companies to stop reacting to regulatory changes only when they are imminent.

CURRENTLY WORKING

Government and unions close an agreement to reduce the working day to 37.5 hours in 2025

The Government and the unions have signed the agreement to reduce the working week to 37.5 hours without reducing wages, which will have to come into force before December 31, 2025. The intention of the Labour Party is to accelerate the complex parliamentary process that involves the change in article 34 of the Workers' Statute that will directly affect 12 million people, who currently work more hours per week. Before, the Government must face the search for support in Congress and the Senate and be able to take the measure to the Council of Ministers, although this process is not expected to be easy. The measure comes after months of blockage at the negotiating table with the employers' association and also, in recent days, with disagreements between the socialist part of the Government - with the Ministry of Economy at the head - and that of Sumar, on which the Labour Party depends.

According to the text, collective agreements will have until December 31, 2025 to adapt to the maximum ordinary working day of 37.5 hours. Thus, part-time contracts with a work performance of an average duration equal to or greater than 37.5 hours per week "will automatically become full-time employment contracts" from the application of the new legal working day.

In the case of having contracts with a duration of less than 37.5 hours, part-time workers and workers with reduced working hours will have the right to continue working the same number of hours as they were doing before the law came into force, as will workers with reduced working hours for caring for minors or family members or who are considered victims of gender violence, sexual violence or victims of terrorism. In addition, they will have the right to a proportional increase in their salary upon application of the ordinary maximum working week of 37.5 hours.

For special working days, the Government has given itself a period of 18 months to review, together with the social partners, the regulations on special working days in order to adapt the extensions and limitations in the organisation and duration of the working day to the new maximum legal working day.

Right to disconnect and digital registration

The agreement complements the reduction of working hours with the right to disconnect ("there is no point in reducing your working hours if your boss calls you while you are having dinner") and with a "digital and reliable" record of working hours to guarantee transparency in working hours and compliance with the agreement. To this end, it will be accessible to the Labour Inspectorate, which will know the working hours of workers in real time.

In more detail, this digital record will be daily for full-time workers and monthly for part-time workers. In the latter case, the company must provide the worker, along with the pay slip, a copy of the summary of all hours worked in each month, both ordinary and additional. As for overtime, they will be recorded day by day, and will be totaled in the period set for the payment of wages, with the company providing a copy of the summary to the worker in a receipt. All of this, without prejudice to the form of compensation.

The BOE publishes Spain's 2025 working calendar: holidays and long weekends

The eight public holidays across Spain for 2025 will be: January 1 (Wednesday, New Year's Day), April 18 (Good Friday), May 1 (Thursday, Labor Day), August 15 (Friday, Assumption Day), November 1 (Saturday, All Saints' Day), December 6 (Saturday, Spanish Constitution Day), December 8 (Monday, Immaculate Conception Day), and December 25 (Thursday, Christmas Day). In addition, Monday, January 6 (Three Kings' Day) will be a public holiday across Spain because all regions have decided to include it in their work calendars.

The same does not happen with October 12, which in 2025 falls on a Sunday. In this sense, some regions have moved the celebration of the day of the Hispanicity and the Virgin of Pilar to the following Monday (October 13) while others have preferred to choose another date to include in their calendars. Holy Week 2025 will arrive in the second half of April. Good Friday - the only day on which it is a holiday throughout the national territory - will be on April 18. Afterwards, some communities will have Holy Thursday (April 17) as a holiday; others, Easter Monday (April 21), and a few include all three days.

As for the long weekends for 2025, workers will be able to enjoy long weekends, taking into account that in August and December the holidays will fall on Fridays and Mondays.

“Tardear”: work in our facilities and enjoy afterwards

Working or studying can become a challenge if we do not have a suitable environment that facilitates our daily routine. Changing spaces is not only a question of comfort, but also of renewing motivation and improving productivity.

In this sense, ILCoworking & Legal Services, strategically located in the heart of Chamberí, offers the ideal solution. Whether you need a quiet place to study a postgraduate degree or a professional space to get ahead with your work, here you will find everything you need to turn your Thursday and Friday afternoons (from 3:00 p.m. to 9:00 p.m.) into a more productive time.

Plus, we have a special offer! Book before December 31st and we'll give you a free afternoon to enjoy our space*. Start planning your Thursdays and Fridays and end the year on the right foot while preparing for a successful 2025.