We grow for you

We welcome all possible corporate and business profiles.

All the studies that have been carried out in recent times confirm that coworking has become increasingly popular among companies and self-employed professionals in Spain.

The confirmation of this fact makes us at IL COWORKING & LEGAL SERVICES take on the challenge of offering you the best possible service and with maximum rigor, always with the aim of adapting to the particular needs of each of our clients and taking into account the casuistry and the situation of each moment.

For this reason, as we have been reiterating in the last editions of this Bulletin, the intention of IL COWORKING & LEGAL SERVICES is to become not only a professional meeting point, but also a personal one, where self-employed workers and SMEs can accommodate, but also all profiles. corporate and business possible.

That is the reason why we announce that we are signing strategic agreements with other companies, from different areas and profiles of activity, in order to continue growing and strengthen new ties of cooperation, creating synergies that allow us to reach new environments and areas. of interest.

We want small and medium-sized businesses, or even large companies, to feel comfortable with us and consider using coworking as an absolutely professional and high-quality alternative service, so that their employees can work in IL facilities. COWORKING & LEGAL SERVICES with all the guarantees.

And if we are aware of the need to design personalized strategies, the best example of this is to pay attention to the seasonality of the work itself. Many professionals begin their vacations at this time, but, as always, there are many others who have to continue working. For them, we wanted to help focus their summer professional work in a more positive way and try to take advantage of the advantages that working in the middle of summer can have.

For this reason, we want to make it easier for you to tackle your work in the month of July and we offer you exclusive discounts. Contact us to find out about the advantages of enjoying our facilities. We will wait for you.

ENTREPRENEURSHIP

Motivation, age and studies of the entrepreneur profile in Spain.

We are all aware that the culture of entrepreneurship has gained strong momentum in recent years and it is the objective of the different administrations to continue promoting it, given its status as a strategic piece in the transformation of the productive structure and growth of our country.

Now, Entrepreneurship is much more than starting a business and different aspects intervene in this process that are of special relevance for the evolution of a project. Therefore, although it is advisable to have specialized training, this factor does not in itself determine a guarantee of success.

When in doubt about what to study to be an entrepreneur, the most appropriate studies are, taking into account the experience in this field and the entrepreneurship trends in our country, they would be: Business Administration and Management (ADE), Computer Engineering, as well as related degrees. with finance and accounting, marketing or sales, without forgetting the suitability of having an MBA.

In practice, the motivations for undertaking a project are diverse and varied, since some have always had a desire to undertake; Others consider participating in a project that inspires them and others decide because they detect a good opportunity in the market.

The truth is that the profile of the most common male entrepreneur in Spain is in his thirties and has a university degree (97%) or a master's degree (70%). For its part, with regard to the Spanish entrepreneurial woman, she is also in her thirties, has a university degree (97%), a master's degree (90%) or has specialized in a STEM field (Science, Technology, Engineering). or Mathematics).

The age at the time of starting a business influences abandonment; the older the age, the lower the percentage of abandonment. The highest percentage of dropouts occurs in entrepreneurs who are between 35 and 44 years old.

Spain can boast a solid entrepreneurial ecosystem, in which emerging business initiatives have room to consolidate and have a long future. Although entrepreneurship activity is lower than in other countries, according to the latest GEM (Global Entrepreneurship Monitor) report, there is “a healthy entrepreneurial dynamic with growth potential.” According to this study, 39% of recent entrepreneurs started with two objectives, either to make a difference in the world and to create wealth or a very high income.

However, according to the report's data, there are also two other motivations for starting a business: continuing the family tradition and earning a living because work is scarce. The 21% of recent entrepreneurs for continuing with the family tradition compared to the 30% of established entrepreneurs. While to earn a living due to the work situation, the 71% in the case of recent entrepreneurs and the 74% for established companies.

The data from the report show that the level of education influences when starting a business, so that 11% of people who had university studies were thinking of starting a business in the short term. While 9% was already doing it and another 9% was already in charge of consolidated companies more than three and a half years old. If we talk about those who have a master's degree, the percentage increases to 14% as potential entrepreneurs and 11% are recent entrepreneurs. Percentage similar to that of university students with a doctorate degree. A 11% in recent entrepreneurs and a 10% in potential entrepreneurs.

Training provides specific knowledge to the entrepreneur, but it is important to note that there is no sure recipe: each entrepreneur and each project is unique. Success comes from knowing how to detect an opportunity in the market, developing improvements in an existing product or being able to see what the future trend will be in a market before others.

BUSINESS ACTIVITY

The optimism rate of Spanish companies increases 14 points.

• Business optimism: two out of three companies trust in the future.
• The resilience of the economy means that 57% of entrepreneurs hope to increase their income and 49% hope to improve their profitability.
• Half of Spanish companies want to compete in new international markets.

The Spanish business sector increases its optimism, hoping to improve its income and profitability, also betting on internationalization, which demonstrates its resilience in the face of a changing international and economic context, which continues to be marked by war conflicts, on a financial level, by expected decision of the European Central Bank (ECB) to lower, even moderately, interest rates, circumstances to which we must add the different international geopolitical tensions and the multiple electoral events this year.

The latest edition of Grant Thornton's International Business Report (IBR) study, corresponding to the first quarter of 2024, delved into some of these aspects, a report that analyzes the forecasts and concerns of middle-market companies both in our country and internationally. global.

According to this study, the 64% of Spanish SMEs are optimistic about their future, a percentage that has experienced a notable advance of 14 points compared to the figure for the last half of last year and is the highest since the second quarter of 2018.

For their part, SMEs in our country are confident of improving their results in the next twelve months. This is the case of income expectations, which increase in this first quarter of the year by three points to reach 57%.

Furthermore, the study delves into another crucial aspect from a business point of view, indicating that nearly half of the companies in our country (49%) expect to increase their profitability, a figure that has improved by one point compared to the second half of 2023.

It is notable that, despite the fact that the context continues to be characterized by uncertainty, with electoral processes in numerous countries and the challenge of inflation and interest rates, business leaders show greater optimism, supported by great export prospects , increased income and profitability, as well as investment capacity.

One of the indicators in the report that provided the most positive data was the export forecasts; while they grow by eleven points in this first quarter of the year and, what's more, close to half of Spanish companies (48%) expect to launch into international competition in the coming months.

By virtue of these considerations, the capacity for resistance of Spanish businessmen is confirmed, who have known how to adapt to an increasingly complex and changing geopolitical and financial scenario, being able to increase their optimism regarding the immediate future and their turnover prospects. and profitability.

In a globalized and competitive world like the one we have, it is essential to anticipate investment needs to guarantee the competitiveness of companies.

For this reason, entrepreneurs, taking into account the improvement in profits, are focusing their investment efforts on the commitment to innovation so as not to be left behind.

Thus, one in two Spanish companies expects to invest in R&D in the next twelve months, the highest rate in recent years. In addition, more than half of the companies (53%) plan to invest in technology.

DIGITALIZATION

The Digital Kit program, a new opportunity for microbusinesses.

The Digital Kit is an initiative to subsidize the implementation of digital solutions available on the market that, among other profiles, allows us to cover the needs of small businesses, micro-businesses and self-employed workers.

With the aim of modernizing the Spanish productive fabric, promoting its growth and its presence in new markets, the Digital Kit contemplates specific actions aimed at self-employed workers and SMEs or microenterprises with up to three workers.

The amount of aid for companies belonging to this segment was, originally, 2,000 euros, but has now been increased to 3,000 euros.

These companies can request their digital bonus from June 14 to December 31 of this year.

This increase is retroactive, that is, companies that have already requested aid and have even consumed their digital bonus of 2,000 euros, can request the extension of 1,000 euros starting in June 2024. To request it, they must enter their file in the Red.es electronic headquarters, select the button enabled for this and sign the agreement. In this case, the concession is automatic.

Whether the entity requests the bonus for the first time or is already a beneficiary and wants to request the additional 1,000 euros, the period of consumption of the bonus will be six months from its granting.

In short, the new digital bonus of 3,000 euros represents an opportunity for SMEs and self-employed workers with less than three employees.

With the increase in the budget, progress continues in the objective of digitizing this group and strengthening their competitiveness and productivity in the digital field.

To date, the Kit Digital program has granted more than 388,000 aid, distributing more than 1.6 billion euros from the Recovery Plan to small businesses, micro-businesses and the self-employed.

How to request the Digital Kit?

• Register on the Acelera SME platform and take the digital diagnostic test to check your level of digitalization.
• Consult the available digitization solutions that best suit the needs of your business and the catalog of digitization agents that offer these services.
• Submit the request for help at the Red.es electronic headquarters (sede.red.gob.es) if you meet the required requirements.
• Once the voucher is granted, choose an authorized digitizing agent and sign an agreement to manage the digital solutions you have chosen.

What can I do in my company with the digital bonus?

• Improve my website and its basic or advanced presence on the Internet.
• Manage social networks.
• Strengthen cybersecurity.
• Ensure secure communications.
• Expand customer management.
• Use business and analytical intelligence in processes.
• Offer services and tools through a virtual office.
• Implement electronic invoice.
• Generate a Marketplace platform (online shopping center).

ELECTRONIC BILLING

The 79% of companies are not ready for electronic invoice.

The mandatory electronic invoice is one of the measures included in the Crea y Crece Law, which is how the Business Creation and Growth Law is known.

This law aims to promote the digitalization of transactions between companies or between professionals, but everything seems to indicate that there is still no general culture about the implications that this rule will have in the future.

This is a regulation that seeks to promote the growth of small and medium-sized companies in Spain and improve financial efficiency. With this standard, companies and professionals will be obliged to issue, send and receive electronic invoices in their commercial relationships. In addition, they will have the obligation to provide information on the status of the invoice.

The approval of the implementing regulations of this law, which contemplates the implementation of billing by the Government this year, is crucial to determine its implementation. This will establish the necessary rules and regulations for billing to be efficient and effective. Its approval will guarantee the correct functioning of billing processes, providing security to both companies and consumers.

By virtue of this, it will be mandatory for companies with a turnover of more than 8 million euros in mid-2025. And the obligation will be extended to all self-employed workers and companies in 2026, so there is barely a year and a half left to face this transition. However, it seems that we are little prepared for it.

According to the survey 'Electronic invoicing: the path to a connected economy', prepared by Sage, the majority of Spanish SMEs are not ready to adopt electronic invoicing, since the 79% is something totally unknown to them and the 86% is not yet ready. They use it in their transactions with other companies, although it is somewhat more common in exchanges with the administration, since almost 1 in 5 of them (19%) is already using it in this area.

Furthermore, they admit that they are not prepared to catch up immediately, since only a fifth of them (20%) believe they could implement it by 2024. And another fifth (21%) believe they would be able to do so by 2025.

Likewise, the report indicates that a worrying factor among Spanish SMEs is the high degree of ignorance regarding electronic invoicing, since only 28% of national SMEs claim to be aware of the details related to its mandatory nature.

Despite the lack of preparation for the adoption of electronic invoices, most companies understand that it will be beneficial for their business and see it as a natural step in the digitalization of the company. Thus, the survey discovers that a 60% of Spanish SMEs consider its mandatory use positive. And almost two-thirds (62%) believe it will bring benefits to both the economy and their businesses.

In addition, they think it will be useful to resolve problems such as late payments (57%) and to reduce errors when receiving and processing invoices from suppliers (43%).

To adapt to the electronic invoicing law, self-employed workers and SMEs have a digital kit for electronic invoices at their disposal. But companies must work ahead of time to address the change. In any case, companies and self-employed workers must prepare for the changes and seek all the necessary information to comply with the requirements set by the regulations. Quite a challenge ahead.

CURRENT TAX

Tax data and the 2023 Corporate Tax simulator are available.

The Tax Agency has already made the corporate tax data (form 200) for the year 2023 available to interested parties, both for consultation and download, through the AEAT electronic headquarters.

To access the online consultation of corporate tax data, identification with an electronic certificate is required. Next, you will have to select the type of access: act on your own behalf or as a representative. This query only allows access with power of attorney (not social collaboration) and the specific power of attorney required is DFIS (Fiscal Data Consultation for Corporate Tax) or the general one for consulting personal data GENERALDATPE.

Likewise, the Open WEB Companies (Simulator) assistance service is available, which allows you to review the transfer of this data to the form and the results, in simulator mode, without making the presentation. This simulator allows you to prepare the declaration of model 200 corresponding to the 2023 financial year without the need to identify yourself with an electronic certificate, so that it can be used to carry out the necessary tests and verifications prior to presentation. This simulator is also available through the electronic headquarters of the Tax Agency.

Tax incentives for startups

We remind you that the measures provided for in the Law to promote the ecosystem of emerging companies are already applicable. This regulation
establishes a series of tax incentives:

• They will be taxed at the 15 % rate in the terms established in section 1 of article 29 of the LIS in the first tax period in which, having the status of an emerging company, the tax base is positive and in the following three, provided that they maintain said condition.
• They may request from the State Tax Administration, at the time of submitting the self-assessment, the postponement of the payment of the tax debt corresponding to the first two tax periods in which the tax base of the Tax is positive.
• They will not have the obligation to make the installment payments regulated in articles 40 of the LIS and 23.1 of the TRLIRNR that they must make on account of the settlement corresponding to the tax period immediately following each of the tax periods in which the deferral has been requested. referred to in the previous point, as long as the status of emerging company is maintained.

The Treasury sends letters to 80,000 taxpayers to alert them about possible errors in the income tax return.

The Tax Agency will send 80,000 letters to taxpayers who have already submitted their Income Tax return, so that they can correct errors in it. The Treasury has reported that they will send the letters to those citizens who have modified the information provided by the Agency so that they can assess whether they should present a complementary declaration adapting to the data recorded by the Tax Administration.

«If the taxpayer understands that his declaration was correct, logically he does not have to modify it, but if he considers that he made some type of error or omission, he is preventively given the option of correcting it by means of the corresponding complementary, thus avoiding a possible subsequent verification of the Agency, the generation of interest and the imposition of possible sanctions," says the Treasury.

Likewise, remember that in this exercise the web navigation to rectify the declaration or present a complementary one has been simplified so that the taxpayer will only have to modify the corresponding amounts, mark whether the declaration is individual or joint, and the system will automatically the rest of the necessary actions automatically.

The Agency's forecast is to send around 100,000 letters in total for taxpayers to correct errors during the duration of the Campaign, which ends on July 1.

TODAY COMMERCIAL

New models to present the 2023 annual accounts.

The General Directorate of Legal Security and Public Faith has published two resolutions, dated April 23, with the details of the new models for the presentation in the Commercial Registry of the consolidated annual accounts of the subjects obliged to publish them.

First, information on the percentage of women on the administrative body is eliminated. Specifically, changes are made to the identification sheet of all models - normal, abbreviated and SME. This percentage is replaced by two new pieces of information: the number of women, as well as the total number of members of the administrative body.

The second change exclusively affects normal and consolidated memory. Specifically, it increases the information required on the average payment period to suppliers, based on the third Additional Provision of Law 15/2010, on measures to combat late payment, and the modification made by the Crea y Crece Law. "This new information, finally, is only for those that present normal annual accounts (normal PGC) and consolidated ones."

In this case, although initially this regulation established that all commercial companies would expressly include in the report of their annual accounts their average payment period to suppliers, ultimately only companies that present the normal PGC and the consolidated ones. In short, only entities that prepare the report in the normal model must expressly include in the report information on their average payment period to suppliers, along with the rest of the information provided for by Law 18/2022.

Finally, the third novelty affects the SME account model. This modification eliminates the reference to 'scope 3 emissions' from the voluntary part of the environmental sheet, as it is not a general information requirement within the indicators of the draft voluntary standard of the European Financial Reporting Advisory Group (EFRAG) for SMEs. .

Brussels proposes surcharges of up to 150 euros for debtors who pay bills late.

The EU proposes surcharges of up to 150 euros for debtors who pay invoices late to companies and the self-employed, as provided for in the Regulation to combat late payment in commercial operations between companies and between companies and the Administration.

The latest text approved by the European Parliament on April 24 proposes a system of surcharges for customers who do not pay invoices on time. These surcharges are applied automatically with the aim of covering the costs that the creditor incurs in having to claim the money. These surcharges will be 50 euros for invoices between 100 and 1,500 euros; 100 euros; for invoices for an amount between 1,500 and 15,000 euros; and 150 euros, for invoices greater than 15,000 euros. The rule will affect payments between companies or between a company and the Administration for the provision of services, delivery of goods, the design and execution of public works or construction and civil engineering works. Operations between consumers are excluded.

In addition, they will be accompanied by an interest system, that is, the debtor who pays late must also pay late payment interest, without the creditor being able to object if it is the Administration or a large company.

The first drafts of the text indicated that these interests will be calculated based on the reference rate applied by the European Central Bank (ECB) to the main refinancing operations (currently at 4.5%) plus eight percentage points. Therefore, they could amount to 12.5% of the invoice amount. However, the Regulation now gives freedom to countries to apply their own interests.

This regulatory text is being prepared with the aim of reforming the 2011 Late Payment Directive to protect companies, especially SMEs, and the self-employed from delays in payments from their clients.

Parliament approved the text of the Regulation on April 24, it will now go through the Commission to make its contributions, which will have to be validated by the European Council, and return to Parliament for final approval. The European elections held between June 6 and 9 paralyzed its approval, although experts suggest that it will likely move forward throughout this summer.

CURRENTLY WORKING

New service for self-employed workers in Importass: you can now obtain your 'Activity Report'.

Self-employed workers can now consult and download a report that includes the professional activities they carry out on their own and have been declared to Social Security. To this end, the General Treasury of Social Security (TGSS) has incorporated into its portal, Importass, a new service that allows workers not only to know the activities they have declared before Social Security, but also to accredit them by downloading a document. .

Self-employed activities carried out by a professional, in addition to being mandatory, are necessary and fundamental for the management carried out by the General Treasury. Based on this information, you will be able to automate the procedures related to these workers for their correct classification and determination of the quotas that correspond to them.

With the new service, the possibilities offered by the Portal of the General Treasury of Social Security are improved, making it possible to download an activity report, avoiding the worker having to make requests through other channels, and eliminating waits, as it is a service Immediate response via web.

To download the report, the user will only have to follow the following steps:

• Access the 'self-employment' card within your personal Importass area.
• Next, click on the “Your Activities” section, specifically on the Updated Report link. This way you can view the requested report.
• If the freelancer needs to download it, they can do so directly.

In addition to this novelty, which increases the portfolio of services for the self-employed worker, the available information has been expanded by incorporating new information on the details of the quota in the personal area.

On the other hand, new notices have also been created in the services, such as in the case of self-employed workers who are on Temporary Disability and choose to modify their contribution base, who are provided with the date on which the change will be applied.

Importass, the Treasury portal

Importass, the portal for citizens of the General Treasury of Social Security, improves the citizen's experience and facilitates access to digital services, in a guided manner and with clear language. A single point of contact where citizens can find general and personalized information to carry out their tasks.

Labor will fine companies that fail to comply with the reduction in working hours

The Ministry of Labor and Social Economy wants to fine companies that fail to comply with the time registration and the reduction of the maximum weekly working day to 38.5 hours in 2024 and to 37.5 hours in 2025 with up to 10,000 euros per worker, as stated in the draft of the preliminary bill for the reduction of the maximum duration of the ordinary work day. It implies a toughening of the current sanctions regarding working hours in two ways: firstly, because companies will be fined for each worker who fails to comply with the rules and not globally, and secondly, because the amount of the Fines, classified as a serious infraction for business owners, will be larger, going from a maximum of 7,500 euros to 10,000 euros.

According to the draft, the transgression of the rules and legal or agreed limits regarding working hours, night work, overtime, complementary hours, breaks, vacations, permits, recording of working hours and, in general, working time is They will punish, to the minimum degree, with fines of 1,000 to 2,000 euros; in its medium degree, from 2,001 to 5,000 euros and, in its maximum degree, from 5,001 to 10,000 euros. In the current legislation of the Law on Infringements and Sanctions of the Social Order, known as LISOS, the amount of fines for violating the legal limits of working time amounts to 751 to 1,500 euros at its minimum level; with 1,501 to 3,750 euros in its medium grade, and with 3,751 to 7,500 euros in its maximum grade.

Likewise, Labor indicates in the draft, delivered to the social agents, that the commission of an infraction will be considered for each affected worker.

NEWS

We grow through new alliances: Agreement with ONE SHOT HOTELS.

We have signed a collaboration agreement with ONE SHOT HOTELS that will allow us to jointly offer a corporate discount from which both IL COWORKING & LEGAL SERVICES clients and clients of the One Shot Luchana 22 and One Shot Fortuny 07 hotels, both located in Madrid.

Specifically, IL COWORKING & LEGAL SERVICES clients will be able to enjoy a 10% discount at these hotels.

For their part, clients of the aforementioned hotels who require any of the work spaces available at IL COWORKING & LEGAL SERVICES will receive a 10% discount on the official rates at this work center.

Contact us and we will detail the terms and conditions of this new collaboration that we have launched.

New intervention by IL Coworking & Legal Services on Radio Intereconomía

 

We announce that next July 4th we will intervene again on Radio Intereconomía, in the program “Meat and Bone Business”, directed by Mariló Sánchez Fuentes. As you already know, it is a leading program that empowers and exalts the figure of the entrepreneur and the businessman, as the main source of wealth for a country. In this intervention, our founder, Manuel Lamela, will highlight the determining role of coworking spaces in the performance of business and professional activity in our country.