Fellowship

We offer you a friendly and professional work environment.

The latest statistics indicate that by 2030 coworking will account for 30% of the market. Offices in Spain. The popularity of these spaces can already be seen in Madrid, where currently 101% of all available office spaces are coworking spaces.

These data attest to the success of IL Coworking & Legal Services, establishing itself as a preferred option over conventional offices for professionals who require a modern, quiet, technologically adapted space in a prime location in the capital.

Our space offers you many advantages, such as sharing your knowledge and experience without sacrificing the concept and specifics that an eminently practical and functional office space should have.

In IL Coworking & Legal Services This brings together freelancers and entrepreneurs looking for more than just a comfortable chair, a table, or an online connection, but also a tremendously productive and efficient work environment.

Our diverse work areas and multiple meeting spaces offer you great flexibility and choice, while you'll enjoy a professional work environment with affordable rates tailored to your needs.

But there is something much more important: you will share your workspace with other professionals. With whom, if you wish, you can exchange ideas or even seek support at specific times. This opportunity offers you a boost in productivity and improvement in your work.

IL Coworking & Legal Services It is a friendly, sharing and collaborative environment in which We can easily find someone to resolve a question or promote a new project or help us grow. Furthermore, if you need more technical advice—legal, accounting, or tax advice, to name a few—we will provide you with the necessary tools to ensure you have expert, personalized professional support.

In short, we're talking about camaraderie and constructive, professional support to help you continue growing.

EMPLOYMENT

Spain exceeds 22 million for the first time employed and unemployment falls to 10,29%.

Our country surpassed 22 million employed people in the second quarter of the year, according to the Labor Force Survey (EPA) published by the National Institute of Statistics (INE). More than half a million jobs were created from April to June; in turn, 236,100 people were removed from the unemployment lists, leaving the unemployment rate at 10,29%, the lowest since 2008.

The second quarter of the year is usually good for employment, although this year all expectations have been exceeded, with an increase in contracts for Easter (which fell in April) and practically summer-like temperatures since then. In fact, seven out of ten new jobs have been registered in the services sector.

This marks three consecutive quarters in which employment grew by more than 0.61% in 2013, which, according to the Ministry of Economy, Trade and Business, "indicates a strong momentum in job creation."

The 22 million employed population mark is reached two years after surpassing the previous milestone of 21 million in the second quarter of 2023. Part of the success of these figures lies in the labor force, which continues to rise and closed the second quarter of the year with an increase of 267,200 people, exceeding 24.8 million, the highest figure in the historical series. This is 381,800 more people than a year ago.

From April to June, a total of 503,300 jobs were created, a figure higher than last year (434,700 new jobs) and far below the average for pre-pandemic years (around 370,000). However, this figure is still lower than that recorded in 2023, when 624,200 jobs were created, the largest increase so far this century from the first to the second quarter.

Of these, the majority (nine out of ten) were created in the private sector, which for the first time surpassed 18.75 million employed people, adding 480,500 workers, compared to 22,900 in the public sector. Meanwhile, the number of self-employed workers increased by 23,600.

The boost in services explains much of this upswing. In the second quarter of the year, 364,800 more people were registered working in this sector, a far cry from the 90,300 employed in industry, the 45,400 in construction, and the 2,800 in agriculture.

In terms of gender, employment increased by 265,800 men and 237,500 women in the second quarter, reaching a new all-time high for employed women (10,390,300). By age, there was a notable increase in the number of employed people aged 55 and over (+120,000) and in young people aged 20 to 24 (almost 100,000 more).

Overall, the second quarter of the year closed with 22,270,000 employed people. This is 584,000 more than a year ago (580,200 seasonally adjusted).

This dynamism in employment has also translated into a reduction in the number of unemployed. Between April and June, a total of 236,100 people left the unemployment rolls, a drop that, while better than last year (222,760), was not as pronounced as in previous years.

The largest reduction in unemployment has occurred among people from the Services sector (178,500 fewer, or three out of four), followed by those in Construction (-15,500) and Agriculture (-7,500), while unemployment in industry increased (3,800).

By sex, unemployment has decreased in the second quarter more among women (-129,100) than among men (-107,000), although there are still about 150,000 more unemployed women than men.

Unemployment in the second quarter fell in all regions, although the sharpest drop was recorded in the Community of Madrid (-51,800) and the largest increase in Castilla-La Mancha and the Foral Community of Navarra (2,000 more in each).

In conclusion, it is noteworthy that the overall unemployment rate continues to decline and now stands at 10,29%, a reduction of more than one point compared to the last quarter.

COWORKING

3 out of 10 offices will adopt the collaborative model by 2030.

In an environment where hybrid work is becoming more established in many businesses, experts point out that coworking spaces are a good way to save money during a time of economic uncertainty for companies.

 As many businesses have maintained a hybrid work model, which involves combining some days of remote work with in-person work after the pandemic, office spaces continue to transform to adapt to new business needs. In a situation marked by significant changes in the way we work, the rise of coworking spaces is emerging as a trend in the evolving world of work.

Without going any further, according to a study by the consulting firm Savills Aguirre Newman, it is predicted that by 2030, three out of every ten workspaces will be coworking spaces. Currently, this expanding phenomenon is already a reality, given that, in Spain, there are more than 6,000 shared workspaces and

54,000 users in the centers, with Barcelona and Madrid being the provinces with the highest number of coworking spaces, according to the State of Coworking in Spain 2022-2023 report.

This growth in coworking in Spain is attributed to several factors, including the rise in remote work, accelerated digitalization, and the growing need for collaborative environments. The flexibility offered by coworking spaces adapts to the transformation of employment, providing solutions for companies of all sizes and profiles.

Thus, services such as workspace maintenance and the organization of collaborative and training activities are some of the added value of this type of office, but not the only ones. According to experts, they are also a way to reduce company costs in an environment where hybrid work is already established.

Specifically, most experts and professionals dedicated to business financial management believe that implementing hybrid work—when possible—is a possibility that significantly reduces companies' operating costs.

Hybrid work has been proven to help businesses stay competitive and resilient, especially during times of economic uncertainty.

Companies are adopting this work model for many reasons. One is that it not only promotes work-life balance for professionals, encouraging work-life balance, but also provides a significant boost to a company's bottom line, improving productivity and boosting efficiency and effectiveness at work.

Growing demand for teleworking

According to a study conducted by Capterra, 761% of office-only employees would like the option to work remotely. Currently, approximately 63% work in an office, 31% work in a hybrid model, and 61% work from home.

This study confirms that there is a high demand for remote work in the labor market, and that this opportunity is highly valued by workers who currently don't have the option. The main reasons why surveyed employees who don't work from home want to do so are to save time and money, improve their work-life balance, and to be more relaxed.

But are these expectations met for those who do have the option of teleworking? The study's findings reveal that 681% of respondents in this segment actually save time and money by working remotely, as they don't have to commute to work.

Likewise, a 58% feels they have a better balance between their personal and professional life, while a 56% feels a positive impact on their well-being and mental health.

COMMERCIAL MANAGEMENT

Optimize your client portfolio to strengthen your business activity.

A company's client portfolio is one of the most important assets that must be maintained at all times. In this sense, remember that a client portfolio is much more than a database containing all the information regarding regular and potential customers. In reality, it represents a living, constantly evolving resource that helps us make important decisions about any commercial transaction we may undertake.

Within this framework, customer portfolio management is the set of strategies and processes that allow companies to organize, analyze, and optimize their relationships with customers. Its objective is to ensure a better customer experience, strengthen customer retention, and increase business opportunities. The growth of a company, large or small, its financial stability, and even its commercial competitiveness, depend largely on good customer portfolio management.

We must focus on "having customers," but also on having loyal customers in sufficient numbers to meet our sales goals and, therefore, generate the necessary revenue for our company. To achieve this, we must properly plan sales goals and the necessary commercial management to achieve them. We must also ensure professional customer portfolio management, which allows us to monitor and take the necessary actions to ensure they remain with us.

Valuable information is of little use if it isn't used. So, as we build our customer base, we must manage this data to develop different sales strategies aimed at building customer loyalty and increasing sales.

In this area, managing customer feedback is essential for any business seeking to grow and adapt to its customers' needs, gathering opinions and suggestions to understand how products or services are perceived. Therefore, if you're in the business management world, you should know how to implement a good feedback management strategy to make better decisions.

Additionally, this time we offer you some tips that will allow you to improve the effectiveness of your client portfolio management:

• Classify your customers: Establish different segmentation criteria such as revenue volume, location, or existing business relationships.
• Invest time: Maintaining a healthy client portfolio takes time. Analyzing their situation and monitoring their behavior is key to making the best decisions.
• Be proactive: If you identify any changes in your customers' payment behavior, take action before a debt is generated and always analyze any risk of default.
• Enrich your client portfolio: Constant and transparent communication with your clients and offering personalized service are important.

While there are numerous actions we can take to promote our company, we must keep in mind that the best advertising is a good customer base. Optimal client portfolio management will bring numerous benefits to your company, including the following:

• Greater profitability: By knowing the risk level of each client, you can approach commercial transactions with greater confidence.
• Customer loyalty: With the right information and consistent communication, you can better retain your customers and keep them on your list.
• Acquire new customers: Find potential customers more easily and boost your business growth.
• Customer Recovery: Good portfolio management can help identify or recover new business operations tailored to the current needs of existing customers.
• Expand your market: conduct business with new clients, leveraging the financial information you now have on them.

BUSINESS DEVELOPMENT

The importance of a company's corporate image

The public's perception of a company is known as corporate image, and it's not just about the visual elements that identify a brand; it goes much further. In an increasingly saturated and competitive market, companies need to develop a strong corporate image that inspires trust and allows them to differentiate themselves.

In this sense, a company's corporate image plays a very important role in its desired development and growth. From the logo that identifies them to all their communications, it consists of the visual, verbal, and behavioral representation that a company projects to the public, constructed through various tools.

However, corporate image doesn't just refer to the visual aspect; it also includes the company's reputation, its overall communication, its organizational culture, and its ethical behavior toward its environment. It could be said that corporate image encompasses the company's entire philosophy.

All the characteristics of a corporate image are extremely important for a brand, so maintaining a strong coherence and strategic vision is essential. A good corporate image brings a number of advantages for any company, including increasing its level of affinity with the public, increasing brand value, and generating credibility among customers and society at large.

Although they are interrelated concepts and are often used interchangeably, there are some differences between corporate image and corporate identity based on the approaches and roles they play within the company. In general, corporate identity is more visually based and its projection is more internal. In this sense, corporate identity could be understood as an element of the corporate image, constructed from elements such as the logo, corporate colors, and typography.

Although it may seem obvious, if your company's corporate image doesn't exist in the minds of your potential customers or is negative, your business won't exist for them either. If you're looking to improve your company's image, you should pay attention to the following issues:

1. Review your visual identity. It's the first thing customers and the general public see and associate with your brand. For example, if your logo doesn't adequately reflect your company's vision, it may be time to redesign it.
2. Clearly define your mission and vision. A company's image is not only comprised of its visual appearance, but also of its value. Your mission and vision must be clearly defined and reflected in every aspect of the company, from internal to external communications. In this area, your company's mission should address: What does your company do? Why does it exist? Your vision should address: What do you want to achieve in the future?
3. Improve communication. Clear, consistent, and transparent communication is essential to building and maintaining a good image. This includes both internal and external communication.
4. Maintain your reputation: A company's online reputation is crucial to its corporate image. Consumers rely on reviews and opinions before making decisions, so it's important to monitor and manage what's being said about your company online.
5. Taking care of customer service and attention is one of the most visible and tangible aspects of a company's corporate image.
6. Commit to corporate social responsibility. Companies that demonstrate a genuine commitment to social or environmental causes tend to have a more positive image.
7. Innovate and adapt. As consumer expectations and technologies evolve, you must offer more compelling products, services, and experiences.

CURRENT TAX

Request for grace days for sending electronic notifications.

Users included in the Mandatory Electronic Notifications (NEO) system or who have voluntarily subscribed to the procedures for receiving notifications on the Tax Agency's (AEAT) electronic site may specify up to a maximum of 30 days in each calendar year during which the Agency will not be able to make notifications available to them at the Single Enabled Electronic Address (DEHú). However, these days of grace must be requested at least 7 calendar days before the start of the desired period.

If the person who will manage both the electronic notifications and the courtesy days is a third party, they must be authorized in the GENERALNOT procedure and ensure that the authorization has been confirmed by the attorney.

When accessing the service, you must select the type of identification: Cl@ve, electronic certificate, DNIe, or eIDAS if you are a European Union citizen using another country's identification. The application will check whether the holder subscribes to any of the AEAT electronic notification procedures. If so, the calendar for the current calendar year will be displayed to indicate the desired days.

Likewise, it's important to review what's indicated in the "Notices." To properly plan absences, the following points must be taken into account:

• The courtesy days take effect exclusively in relation to notifications at the single Enabled Electronic Address. Electronic notifications made available prior to the beginning of the courtesy day period will be deemed to have been notified if ten days have elapsed without access to them.
• Saturdays and Sundays must also be marked.
• In the event that the taxpayer is voluntarily subscribed to the receipt of electronic notifications, the above will only take effect with respect to those procedures in which he or she is subscribed.
• To expand the courtesy days to the principals, you must select: “Manage Courtesy Periods for Principals” and “Assign courtesy period”.

You must click the "Modify" option to start the courtesy day request. Only available days can be selected. Click "Validate" and finally "Sign and Send." In the next window, select "Agree" and click "Sign and Send" again. The request receipt will be generated.

VAT on an undeclared sale

If the Treasury detects that a company has failed to declare a sale and has not passed on the corresponding VAT, the way in which its situation must be regularized will depend on whether more than a year has passed since the undeclared transaction took place, as this is the period within which the VAT can still be passed on to the customer.

In this regard, you should take the following into consideration:

• If the year has not yet elapsed and the pass-on is possible, the entire amount collected will be considered taxable income. In addition, this amount will also be a higher income for the company in its corporate tax or, if it is a business owner, in its personal income tax.
• However, if the year has already passed and it is no longer possible to charge the VAT, said tax will be understood to be included in the amount received, so the VAT taxable base and the income to be declared will be

Because the deadline for declaring VAT charged is different from the deadline for declaring income for Corporate Tax and Personal Income Tax, when the Treasury begins the corresponding audit and detects undeclared sales, it may be that the VAT has already expired, but the Corporate Tax or Personal Income Tax has not yet expired.

If you find yourself in this situation, be aware that the Treasury must apply the same criteria and consider the VAT already included in the amount received. You cannot increase the corporate tax or personal income tax base by the prescribed VAT amount.

TODAY COMMERCIAL

The State Observatory of Private Delinquency has been established.

Coinciding with the State Council for SMEs, the State Observatory on Late Payments has been established, as provided for in Law 18/2022 on the creation and growth of companies; also known as the Create and Grow Law. This Observatory was created as an advisory body and will be responsible for monitoring payment behavior and promoting good practices to prevent late payments, the effects of which are particularly negative for SMEs.

The Observatory is made up of representatives from the Ministries of Industry and Tourism; Finance; Economy, Trade and Enterprise; Agriculture, Fisheries, and Food; two autonomous communities representing the rest; the Spanish Business Confederation of the Social Economy (CEPES); the Spanish Chamber of Commerce; the National Institute of Statistics (INE); and representatives from businesses and organizations specializing in late payment matters.

According to Industry Minister Jordi Hereu, late payments are one of the main causes of financial difficulties for SMEs.

That's why it's so important to create a true culture of on-time payment, both through regulations and everyday business practices. The launch of the Observatory is a fundamental step toward moving in this direction.

On an annual basis, the State Observatory of Private Late Payments will prepare a report on the status of payment terms, which will be submitted to and approved by the State Council for SMEs.

The Observatory's functions include systematically monitoring and evaluating the evolution of late payment, preparing the annual report, developing codes of good practice, formulating proposals for action, monitoring EU guidelines on this matter, preparing, resolving, and publishing a list of non-compliant companies, acting as an advisory body, and adopting dispute resolution systems.

The key role of the compliance officer in preventing and controlling corporate regulatory compliance

The compliance officer is responsible for implementing a crime prevention and regulatory compliance program within an organization. This is understood as a system implemented by the company to ensure compliance with current laws in the conduct of its activities. In this regard, it is important to remember that, through compliance, companies seek to prevent and detect potential regulatory non-compliance, with the goal of avoiding legal liability for their businesses.

Within this framework, the compliance officer is responsible for analyzing the company's organizational structure, its various tasks, activities, and inter- and interdepartmental relationships, verifying the legal aspects of each and every one of them. They must also pursue conduct that violates codes of conduct and legal regulations, particularly those related to the criminal risks defined in the Criminal Code. Other assigned functions relate to verifying security measures for information and data protection.

Likewise, you should study the behaviors of agencies and departments and how these can pose legal risks or conduct that could lead to security breaches; without forgetting to stay abreast of any legal updates that may occur in the regulatory field.

Given these competencies, a compliance officer requires a unique skill set to ensure that a company's operations fully comply with regulations and procedures. It is essential for a compliance officer to possess high ethical standards and honesty, as they are responsible for ensuring that a company complies with required regulations.

Compliance officers must be trustworthy, show commitment and unity regarding a company's regulations and procedures, and it is crucial that they demonstrate this to their colleagues by leading by example.

It is worth emphasizing that the work of the compliance officer differs from that of the Data Protection Officer.

Thus, the compliance officer's mission is to ensure compliance with regulations at a general level, while the Data Protection Officer focuses solely and exclusively on ensuring that companies strictly comply with data protection regulations.

CURRENTLY WORKING

Companies could face fines of up to 7,500 euros for paying vacation instead of granting it.

Spanish labor law firmly protects the right to vacation time for all workers. According to Article 38 of the Workers' Statute, every employee is entitled to 30 calendar days of paid vacation time per year, a period that cannot be substituted with financial compensation. The legal text is clear on this point: vacation time is an inalienable right for workers, and companies cannot offer money in exchange for their employees giving up their vacation time.

This practice, which unfortunately continues to occur in some workplaces in 2025, can be reported to the Labor Inspectorate, which considers it a serious violation under the Law on Infractions and Sanctions in the Social Order (LISOS). Specifically, Article 7.5 of the LISOS classifies as a serious violation "the violation of legal or agreed rules and limits regarding working hours, night work, overtime, supplementary hours, breaks, vacations, permits, time recording, and, in general, the working time referred to in Articles 12, 23, and 34 to 38 of the Workers' Statute."

The economic consequences for companies that violate this right can be considerable. According to Article 40 of the LISOS, published in the Official State Gazette (BOE), serious violations related to preventing the enjoyment of vacations are punishable by fines ranging from 751 to 1000 euros.

7,500 euros, depending on the severity of the situation. The regulations establish three levels of sanctions: minimum fines range from 751 to 1,500 euros; medium fines range from 1,501 to 3,750 euros; and maximum fines can reach between 3,751 and 7,500 euros. The final amount will depend on factors such as repeat offenses, the number of employees affected, and the employer's intent.

When an employee is faced with their employer's refusal to allow them to take their vacation, it is important to know the proper procedure. It is advisable that, even if the company denies the requested vacation period, the employee continues to go to work while the dispute is resolved through legal means. The legal process for claiming this right begins with the submission of a conciliation form to the appropriate mediation service. If this procedure is unsuccessful and an agreement is not reached, the next step would be to file a claim with the competent Labor Court.

There is only one situation in which the law allows for financial compensation for unused vacation time. This is when an employment contract is terminated, either through termination or dismissal, and the employee has accrued but unused vacation days. In this circumstance, the company is required to pay for these unearned days in the severance pay.

Registration of equality plans: the Supreme Court limits the role of the labor authority.

The Supreme Court has issued a ruling stating that the labor authority cannot refuse registration of an equality plan for reasons of substantive legality. This ruling clearly delineates the powers between the Administration and the labor courts regarding equality plans and facilitates compliance with the legal obligation to register equality plans, which has been in force for companies with more than 50 employees since March 2022.

The Supreme Court reminds us that equality plans, once negotiated with the legal representatives of workers, are conventional in nature, which means they must follow the same legal framework as collective bargaining agreements and agreements regarding their registration.

In this sense, the registration procedure in the Registry of Equality Plans is purely formal, with the labor authority not empowered to conduct a substantive review of its legality. This circumstance means that, except in exceptional cases, the Administration cannot deny registration based on the content of the plan, its quality, or the correctness of its clauses. Such assessments are the exclusive responsibility of the labor courts through the corresponding procedure for challenging collective agreements or conventions.

According to the Court, the Administration can verify whether the minimum formal requirements for registration are met: that an equality plan actually exists, that it has been negotiated with a duly constituted committee, that the required documentation is submitted, etc. However, it cannot go further and assess whether, for example, the salary audit is insufficient, if the diagnosis is incomplete, or if the objectives are not considered adequate. These issues would be subject to subsequent judicial analysis.

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.