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<strong>BARCELONA</strong>, A <strong>GOOD</strong> <strong>INVESTMENT</strong><br />

A practical Gui<strong>de</strong> to doing Business in the City


2<br />

LIBRARY OF CATALONIA (BIBLIOTECA DE CATALUNYA) CIP INFORMATION:<br />

<strong>Barcelona</strong>, a good investment : practical gui<strong>de</strong> to doing business in<br />

the city<br />

I. Borrell, Xavier, ed. II. <strong>Barcelona</strong>. Sector <strong>de</strong> Promoció Econòmica<br />

III. Centre d'Innovació i Desenvolupament Empresarial (Catalunya)<br />

1. Inversions estrangeres _ <strong>Barcelona</strong> _ Manuals, guies, etc. 2.<br />

<strong>Barcelona</strong> _ Comerç _ Manuals, guies, etc. 3. <strong>Barcelona</strong> _ Condicions<br />

econòmiques _ Manuals, guies, etc.<br />

338.1(467.1 Ba <strong>Barcelona</strong>)(036)<br />

The text may be reproduced total or partially with permission of <strong>Ajuntament</strong> <strong>de</strong> <strong>Barcelona</strong> and CIDEM.<br />

All rights reserved for graphic and artistic <strong>de</strong>sign.<br />

EDITION:<br />

<strong>Ajuntament</strong> <strong>de</strong> <strong>Barcelona</strong> (<strong>Barcelona</strong> City Council)<br />

Sector <strong>de</strong> Promoció Econòmica (Economic Promotion Division)<br />

Carrer Avinyó, 7, 1r<br />

08002 <strong>Barcelona</strong>, Spain<br />

Tel. +34 934 027 478<br />

CIDEM (Centre for Innovation and Business Development)<br />

Passeig <strong>de</strong> Gràcia, 129<br />

08008 <strong>Barcelona</strong>, Spain<br />

Tel. +34 934 767 200<br />

COORDINATION:<br />

Xavier Borrell and Isabel Carranza (<strong>Barcelona</strong> City Council)<br />

Fina Sancho and Elisabet Forga (CIDEM)<br />

ACKNOWLEDGEMENTS:<br />

Cuatrecasas and Clifford Chance Law Firms<br />

DESIGN, LAYOUT, TRANSLATION AND EDITING OF TEXTS:<br />

New Roman<br />

Carrer Saragossa, 64, local 2<br />

08006 <strong>Barcelona</strong>, Spain<br />

Tel. +34 932 179 978<br />

PRINTING:<br />

<strong>Ajuntament</strong> <strong>de</strong> <strong>Barcelona</strong> (<strong>Barcelona</strong> City Council)<br />

Imatge i Producció Editorial (Graphics and Publishing)<br />

Passeig <strong>de</strong> la Zona Franca, 60<br />

08038 <strong>Barcelona</strong>, Spain<br />

B. 000 00 000<br />

<strong>Barcelona</strong>, March 2006<br />

No. of copies. 2.500


<strong>BARCELONA</strong>, A <strong>GOOD</strong> <strong>INVESTMENT</strong><br />

A practical Gui<strong>de</strong> to doing Business in the City<br />

3


4<br />

<strong>Barcelona</strong> is an open, tolerant and<br />

cosmopolitan Mediterranean city full<br />

of light; a remarkable urban space<br />

with a strong personality. The atmosphere<br />

transmitted by the city encourages creation<br />

and innovation, turning <strong>Barcelona</strong> into one of<br />

the European cities with the highest potential for <strong>de</strong>veloping new<br />

generation activities. In the current globalisation framework, it is<br />

precisely these characteristics which provi<strong>de</strong> value to the city and<br />

differentiate it from the rest: it is this personality, both cosmopolitan<br />

with a great international vocation, and strongly rooted in its local<br />

aspects, which attracts our visitors and keeps them here.<br />

Faced by growing international competition, <strong>Barcelona</strong> and its<br />

surrounding area, with its population of 4.6 million, is one of the<br />

most important economic metropolises and has become<br />

consolidated as one of the main European capitals for business. A<br />

city which boosts its own personality and diversity and encourages<br />

talent and creativity; a laboratory where i<strong>de</strong>as are conceived and a<br />

significant creative community which attracts and receives the best<br />

companies and professionals is brought together. Its great<br />

international projection, privileged geographical situation and<br />

accessibility, ad<strong>de</strong>d to the complex business network in its area,<br />

make it a very appealing location for business.<br />

<strong>Barcelona</strong> is now reinventing itself, its eyes on the future, with an urban<br />

and economic transformation which will provi<strong>de</strong> over 7 million square<br />

metres for new economic activity. The urban reform projects which are<br />

<strong>de</strong>fining our future will enable us to improve access to the city, as well as<br />

its connections and communications, increase the offering and services<br />

available to businesses, and improve quality of life for all citizens. All urban<br />

projects currently in progress are increasing <strong>Barcelona</strong>'s appeal and<br />

consolidating the city as the main urban centre in the west<br />

Mediterranean. The following are particularly noteworthy due to their size:<br />

the transformation of the Poblenou industrial district, the new 22@bcn<br />

technology district, the arrival of the new High Speed Train, the Delta Plan<br />

- with extensions to both the port and the airport - and the extension of<br />

the International Tra<strong>de</strong> Fair (Fira Internacional), as well as the new<br />

conference centre with capacity for 15,000 <strong>de</strong>legates.<br />

Jordi Portabella<br />

Second Deputy Mayor of <strong>Barcelona</strong><br />

<strong>Barcelona</strong> is moving towards the “laboratory<br />

city” mo<strong>de</strong>l. This refers to a city where new<br />

i<strong>de</strong>as and concepts are emerging, a city<br />

which is competitive not in terms of production<br />

costs but in innovation and creativity, where products<br />

are <strong>de</strong>signed or improved, and where the<br />

atmosphere, diversity and range of uses promote the creation and transfer<br />

of knowledge. <strong>Barcelona</strong>, cutting-edge, dynamic and entrepreneurial,<br />

sets trends. With its long industrial tradition, the <strong>Barcelona</strong> area is a very<br />

important foreign investment attraction centre, especially for industry and<br />

advanced services. 25% of foreign investment in Spain is concentrated<br />

here, with 2,700 registered businesses, most of them in <strong>Barcelona</strong> city.<br />

There is a constantly growing number of forward-looking companies<br />

which choose to set up in <strong>Barcelona</strong>, and we are proud to observe that,<br />

once established among us, their expectations are fully met. And the<br />

international perception of <strong>Barcelona</strong>'s potential as a new economy city is<br />

also growing in importance.<br />

This has been shown by many international economic indicators, such<br />

as the recent Paris Chamber of Commerce study placing <strong>Barcelona</strong>'s<br />

area of influence as the second most appealing region for foreign<br />

investment, second only to London; or the annual study conducted by<br />

British consultancy Cushman & Wakefield Healey & Baker placing<br />

<strong>Barcelona</strong> as the fifth best city for business in Europe and the top city<br />

in Europe in terms of progress.<br />

But <strong>Barcelona</strong> isn't just a city for working; it's a city for living. With its<br />

stable climate, its openness to the sea, a magnificent selection of<br />

culture and leisure options, a broad network of education and research<br />

institutions at every level, a prestigious health service accessible to<br />

everyone, and a serious commitment to sustainability, <strong>Barcelona</strong> has<br />

the best quality of life in the whole of Europe. We are introducing the<br />

first edition of the Gui<strong>de</strong> to <strong>Barcelona</strong>, a Good Investment, jointly<br />

prepared by the Economic Promotion Sector of <strong>Barcelona</strong> City Council<br />

and Centre for Innovation and Business Development (CIDEM) of the<br />

Catalan Government's (Generalitat <strong>de</strong> Catalunya) with the aim of<br />

offering useful and practical information to everyone wishing to invest<br />

and do business in <strong>Barcelona</strong> and become acquainted with its many<br />

charms.<br />

We hope that this new gui<strong>de</strong> will help make the <strong>de</strong>cision to settle in<br />

<strong>Barcelona</strong> easier, as well as accelerate the process of establishing a new<br />

economic activity.<br />

Joan Clos<br />

Mayor of <strong>Barcelona</strong>


Catalonia is a privileged part of<br />

Europe for business activities.<br />

Countless multinationals from<br />

around the world, specialised in various<br />

sectors, have chosen Catalonia to<br />

conduct their business activities.<br />

<strong>Barcelona</strong> City Council and the Centre<br />

for Innovation and Business<br />

Development (CIDEM) have joined<br />

forces to create this publication which is<br />

inten<strong>de</strong>d as a basic and simple advice<br />

and guidance tool for anyone<br />

consi<strong>de</strong>ring starting up a business in<br />

<strong>Barcelona</strong>. This gui<strong>de</strong> is structured in<br />

outline, in or<strong>de</strong>r to give you a general<br />

i<strong>de</strong>a of the steps to be taken into<br />

account when starting up a business. At<br />

the end of the gui<strong>de</strong>, you will find the<br />

websites and useful addresses you can<br />

use to obtain more <strong>de</strong>tailed information<br />

on each step. We have also inclu<strong>de</strong>d a<br />

list of the main incentives and subsidies<br />

available to businessmen and<br />

entrepreneurs.<br />

Catalonia attracts a lot of investment,<br />

particularly for industry and advanced<br />

services. This has been shown by the<br />

fact that already established companies<br />

often make a strategic commitment,<br />

carrying out new investments in or<strong>de</strong>r to<br />

make their subsidiaries evolve towards<br />

higher value ad<strong>de</strong>d activities. The main<br />

reason for this is the high satisfaction<br />

level of companies already operating in<br />

Catalonia. <strong>Barcelona</strong> and its<br />

surrounding area, with its population of<br />

4.3 million, constitutes one of the main<br />

economic metropolises in Europe,<br />

aiming to attract not just the best<br />

businesses but also the best<br />

professionals, who are the ones who will<br />

generate wealth and increase<br />

productivity. Catalonia's well-being and<br />

<strong>de</strong>velopment are at European levels. In<br />

spite of its small size, Catalonia has a<br />

great variety of cultural activities and<br />

venues. It also provi<strong>de</strong>s a first rate<br />

environment both for living and for<br />

business. This helps keep company<br />

staff satisfied and stable.<br />

According to a study conducted by<br />

Cushman & Wakefield Healey & Baker,<br />

<strong>Barcelona</strong> is the best place for quality of<br />

life, a position it has maintained since<br />

1996. Its quality of life and the<br />

perception of the <strong>Barcelona</strong> area as a<br />

creative and cosmopolitan environment<br />

are valued as strong points for attracting<br />

and retaining talent and knowledge.<br />

Proof of this is provi<strong>de</strong>d by the recent<br />

trend of international entrepreneurs<br />

choosing <strong>Barcelona</strong> for a new economic<br />

activity. In the intensive globalisation<br />

process un<strong>de</strong>rgone in recent <strong>de</strong>ca<strong>de</strong>s<br />

by the international community,<br />

Catalonia has been able to establish<br />

itself as the i<strong>de</strong>al location for setting up<br />

large multinational companies. As a<br />

result of this investment process,<br />

Catalonia has become consolidated as<br />

one of the most dynamic regions in<br />

Europe in terms of attracting<br />

multinationals: there are currently 3,000<br />

such companies in Catalonia (600 of<br />

which are industrial businesses).<br />

Conscious of the importance and<br />

positive effects of foreign direct<br />

investment (FDI), and making use of its<br />

exclusive powers in the industry context,<br />

the Generalitat has put into practice an<br />

active policy of encouraging business<br />

investment in Catalonia. We are also<br />

making a serious and clear<br />

commitment at the Generalitat to boost<br />

our companies' research, <strong>de</strong>velopment<br />

and capacity for innovation. We want to<br />

place Catalonia in a top position in<br />

Europe.<br />

Catalonia offers<br />

companies<br />

making a<br />

commitment to<br />

our territory the<br />

perfect balance<br />

between a high<br />

quality communications infrastructure,<br />

an excellent university and research<br />

network, highly qualified labour force, a<br />

wi<strong>de</strong> range of suppliers and an enviable<br />

quality of life.<br />

The Centre for Innovation and Business<br />

Development (CIDEM), an organisation<br />

belonging to the Generalitat's Ministry of<br />

Employment and Industry, provi<strong>de</strong>s<br />

professional and confi<strong>de</strong>ntial support,<br />

ranging from planning to<br />

implementation, to all companies<br />

wishing to invest in Catalonia, through<br />

the Catalonian Investment Agency<br />

(ACI). It also provi<strong>de</strong>s ongoing help for<br />

future needs. The agency, which has its<br />

headquarters in <strong>Barcelona</strong>, a branch in<br />

Madrid, and foreign offices in New York<br />

and Tokyo, offers its help and advice<br />

services tailored to the needs of<br />

companies which are consi<strong>de</strong>ring<br />

settling in Catalonia or expanding their<br />

existing business in this region. The<br />

Agency's mission is to boost financially<br />

and technologically sound productive<br />

business investments in Catalonia,<br />

creating wealth and high quality, stable<br />

jobs. We must direct all our efforts to<br />

attracting new projects, in the form of<br />

productive, strategic and innovative<br />

investments, to our territory.<br />

We look forward to welcoming you to<br />

Catalonia.<br />

Jordi Carbonell i Sebarroja<br />

Secretary of Industry<br />

Ministry of Employment and Industry<br />

Generalitat <strong>de</strong> Catalunya<br />

5


CONTENTS<br />

<strong>BARCELONA</strong>, A <strong>GOOD</strong> <strong>INVESTMENT</strong><br />

A practical Gui<strong>de</strong> to doing Business in the City<br />

1 ECONOMIC PRESENTATION:<br />

1.1 I Ten Reasons to Invest in <strong>Barcelona</strong> 09<br />

1.2 I Main Economic Indicators 10<br />

1.3 I Location and the Property Market 17<br />

1.4 I Tra<strong>de</strong> Fairs and Conferences 22<br />

2 HOW TO START A BUSINESS IN <strong>BARCELONA</strong>:<br />

2.1 I Types of Business Organisation 25<br />

2.2 I Steps For Starting Up a Business 27<br />

2.3 I Tax Regime, Tax and Allowances 29<br />

2.4 I Work and Resi<strong>de</strong>nce Permits 32<br />

2.5 I Employment Regime 35<br />

2.6 I Incentives and Subsidies and Financing 39<br />

3 USEFUL ADDRESSES:<br />

3.1 I By Topic 43<br />

3.2 I In Alphabetical Or<strong>de</strong>r 44


1. ECONOMIC PRESENTATION


1.1<br />

TEN REASONS TO INVEST<br />

IN <strong>BARCELONA</strong><br />

<strong>Barcelona</strong> offers very diverse elements which make it a really appealing place to live, work and do business. The city is<br />

now a very interesting place for new economic activity, as shown by some of the good reasons to invest in it.<br />

1. Strategic geographic location<br />

Two hours by road from France and one<br />

day from the main European cities. A<br />

southern door to Europe, with its own<br />

port, airport, Zona Franca, logistics<br />

parks, international tra<strong>de</strong> fair centre and<br />

the city within a radius of 5 kilometres.<br />

2. Complete transport<br />

infrastructure<br />

A motorway network connected to<br />

Europe; the fastest-growing airport in<br />

Europe; Spain's leading port and the largest<br />

container port in the Mediterranean;<br />

an extensive un<strong>de</strong>rground and overland<br />

train and bus network; High Speed<br />

Trains planned for 2007 and a connection<br />

with the European network in 2009.<br />

3. The centre of a large, dynamic<br />

and diverse economic area<br />

4.6 million people live in the <strong>Barcelona</strong><br />

area. It is the capital of Catalonia, with a<br />

population of 7 million, and the centre of<br />

the Mediterranean Basin, a large<br />

economic area with 18 million<br />

inhabitants. It accounts for 70% of<br />

Catalonia's GDP. Its growth in 2004 was<br />

3.1% of GDP, above the Spanish and<br />

European average, and it is the sixth<br />

largest urban agglomeration, as well as<br />

the fifth largest industrial concentration,<br />

in Europe.<br />

4. Successful foreign<br />

investment<br />

It is the fifth best city for business in<br />

Europe and accounts for 20% of annual<br />

foreign investment in Spain. There are<br />

2,700 foreign companies established<br />

here, with a satisfaction level of 97%.<br />

<strong>Barcelona</strong> is also becoming consolidated<br />

as a centre for multinational companies'<br />

European divisions.<br />

5. An internationally<br />

acknowledged location<br />

<strong>Barcelona</strong> has some of the highest<br />

positions in several international<br />

rankings, which rate its urban reality, its<br />

ability to attract foreign capital, its<br />

entrepreneurial nature and the quality of<br />

life enjoyed here very highly.<br />

6. Human resources prepared<br />

for the future<br />

A great responsibility ethic, high<br />

productivity (one of the highest in<br />

Europe, according to the OECD), five<br />

public universities, two private<br />

universities and four business schools<br />

(ESADE, IESE, EADA and IESKA), 27<br />

international schools, great new<br />

technology penetration, and a favourable<br />

disposition towards innovation and<br />

creativity.<br />

7. Excellent quality of life<br />

The top European city for quality of life. A<br />

stable climate, sunshine, beaches, ski, a<br />

generous range of culture and leisure<br />

activities, a network of 4,500 education<br />

institutions, a mo<strong>de</strong>rn and accessible<br />

health service, easy access and travel by<br />

public transport. The city is surroun<strong>de</strong>d<br />

by nature reserves.<br />

8. Large progressive city<br />

planning projects<br />

The largest city planning and<br />

infrastructure transformation. Llobregat<br />

Area: a commitment to logistics and<br />

internationalisation, with the port and<br />

airport extensions. Besòs Area: urban<br />

renewal, sustainability and research<br />

centres. La Sagrera-Sant Andreu: the<br />

arrival of high speed trains. Poblenou<br />

22@: the new technology and innovation<br />

district. Two new districts: La Marina and<br />

El Besòs, with a combination of<br />

resi<strong>de</strong>ntial premises and economic<br />

activity.<br />

9. A Competitive set of available<br />

properties<br />

A large number of offices, commercial<br />

premises and industrial buildings with<br />

excellent value for money. The<br />

construction of resi<strong>de</strong>ntial buildings is<br />

also on the rise.<br />

10. Unique private-public<br />

cooperation<br />

<strong>Barcelona</strong> City Council and the Catalan<br />

Government have ma<strong>de</strong> a serious<br />

commitment to business. The success of<br />

the traditional private-public cooperation<br />

has been key to <strong>Barcelona</strong>'s<br />

transformation.<br />

In the following pages, you will find more<br />

<strong>de</strong>tailed information on <strong>Barcelona</strong>'s<br />

economic reality.<br />

9


10<br />

1.2<br />

1.2.1 BASIC INFORMATION<br />

ABOUT THE CITY<br />

Location<br />

MAIN ECONOMIC<br />

INDICATORS<br />

<strong>Barcelona</strong> is one of the largest cities<br />

in Europe. It is the centre of a large<br />

metropolitan area of over 217<br />

municipalities with 4.6 million<br />

inhabitants. It is the economic,<br />

cultural and administrative capital of<br />

Catalonia, which is located in<br />

northeast Spain on the Mediterranean<br />

shore.<br />

It is at the forefront of a 17-millioninhabitant<br />

emerging area of economic<br />

AREA AND POPULATION (2005)<br />

activity in southern Europe, a<br />

Mediterranean arch including the<br />

Balearic Islands, the Autonomous<br />

Regions of Valencia and Aragon, and<br />

southeast France.<br />

<strong>Barcelona</strong> metropolitan area is the<br />

sixth largest urban agglomeration, as<br />

well as the fifth largest industrial<br />

concentration, in Europe.<br />

Demographically, the city of<br />

<strong>Barcelona</strong> is constantly growing richer<br />

and more diverse; with 160<br />

nationalities in 2004.<br />

<strong>Barcelona</strong> currently has over 230,000<br />

foreign resi<strong>de</strong>nts. This is 14.6% of the<br />

Population Area (km 2 ) Density (inhabitants/km 2 )<br />

<strong>Barcelona</strong> 1.578.546 101 15.671<br />

Metropolitan area 4.673.648 3.236 1.427<br />

Catalonia 6.813.319 31.895 210<br />

Spain 43.197.684 505.988 84<br />

Source: <strong>Barcelona</strong> City Council and the Spanish National Institute of Statistics (INE)<br />

EVOLUTION OF FOREIGN POPULATION<br />

Europe 52.835 22,9<br />

Asia 36.810 15,9<br />

Africa 20.818 9<br />

America 120.197 52,1<br />

Australasia 282 0,1<br />

Total number of foreigners 230.942 100<br />

in <strong>Barcelona</strong><br />

Source: <strong>Barcelona</strong> City Council<br />

January 2005 % of the total foreign population<br />

city's population, a very close<br />

percentage to other European cities<br />

such as Madrid, Copenhaguen and<br />

Hamburg among others, and higher<br />

than the Spanish average of 8.4%.<br />

The immigration of the last ten years<br />

has brought to the city of <strong>Barcelona</strong> a<br />

very significant increase in the<br />

number of languages spoken in it.<br />

The current language situation is 223<br />

languages from 190 countries, a level<br />

of diversity which promotes an<br />

increasingly open and tolerant<br />

metropolis.<br />

Dublin<br />

London<br />

Paris<br />

<strong>Barcelona</strong><br />

Amsterdam<br />

Brussels<br />

Geneva<br />

Frankfurt<br />

Oslo<br />

Stockholm<br />

Milan<br />

Copenhagen<br />

Berlin<br />

Rome<br />

Prague<br />

Vienna<br />

1. ECONOMIC PRESENTATION


GDP<br />

GDP at market prices<br />

and inter-annual variation rate EU 25 EU 15 SPAIN CATALONIA<br />

(2000 base in<strong>de</strong>x)<br />

GDP (2004) (in millions of euros) 10.218.488 9.743.054 837.557 157.124<br />

Annual growth rate in real terms.<br />

GDP per capita (2004)<br />

2,4 2,3 3,1 3,1<br />

(in millions of euros) - 25.281 19.637 23.542<br />

Sources: Spanish National Institute (INE), Institut d'Estadística <strong>de</strong> Catalunya (IDESCAT), Eurostat<br />

Historically, Catalonian economy has<br />

been one of Spain’s main economic<br />

drivers and is still the autonomous region<br />

with the highest Gross Domestic Product<br />

(GDP) in absolute terms. In recent years,<br />

it has followed a trajectory of expansion,<br />

and short term growth forecasts are<br />

positive.<br />

1.2.2 A DIVERSIFIED<br />

ECONOMIC<br />

STRUCTURE<br />

Activity by sector<br />

The city’s wealth and <strong>de</strong>velopment have<br />

traditionally been based on tra<strong>de</strong> and<br />

manufacture. At the moment, the<br />

economic activity’s structure is<br />

characterised by the dominance of the<br />

services sector and the maintenance of a<br />

significant industrial base in the whole of<br />

the metropolitan area.<br />

In parallel to the process of moving a<br />

large portion of the industrial sector to the<br />

metropolitan conurbation, the industry<br />

remaining in the central area has<br />

strengthened its conversion to high value<br />

ad<strong>de</strong>d industry. It is formed by new<br />

economic activities of an industrial<br />

nature with branches such as<br />

environmental services, culture<br />

industries, the media, air transport and<br />

others with great growth potential.<br />

Specifically, in the 2000-2004 period, the<br />

amount of medium and high-tech<br />

industry in <strong>Barcelona</strong> and its<br />

metropolitan area increased by up to<br />

11.2% and 35.8% respectively. In the<br />

services sector, especially in tourismrelated<br />

services, high value ad<strong>de</strong>d<br />

occupancy has increased by over 33%.<br />

Business structure<br />

<strong>Barcelona</strong> has a large business network<br />

very similar in structure to the European<br />

one. There are over 417,000 small and<br />

STRUCTURE OF THE AFFILIATION TO THE SOCIAL SECURITY GENERAL SYSTEM<br />

ACCORDING TO BIG SECTORS (% /TOTAL) . 4 TH QUARTER 2004.<br />

<strong>Barcelona</strong> Catalonia Spain<br />

Agriculture 0,2 0,4 0,5<br />

Industry 13,0 22,6 18,0<br />

Construction 5,2 9,2 11,9<br />

Services 81,6 67,8 69,6<br />

TOTAL 100,0 100,0 100,0<br />

Sources: Spanish National Institute (INE), Institut d'Estadística <strong>de</strong> Catalunya (IDESCAT), Eurostat<br />

medium-sized companies (SME, known<br />

in Catalan by the abbreviation PIME),<br />

representing 99.7% of all companies.<br />

Employment<br />

Recent years have shown a very positive<br />

picture of <strong>Barcelona</strong>’s job market. Both<br />

activity and employment rates grew,<br />

boosted by <strong>de</strong>mographic growth and<br />

good economic and business prospects,<br />

and the job market picked up with an<br />

increase in the number of employed<br />

workers registered with the Social<br />

Security system. Specifically, 25,000<br />

new jobs were created in <strong>Barcelona</strong> in<br />

2003 and 2004, of which 39% were in<br />

high value ad<strong>de</strong>d sectorst.<br />

The gradual incorporation of legal<br />

immigrants in recent years and the<br />

increase in female employment and<br />

activity rates, following the growing<br />

tertiarisation of the production network of<br />

the city and its metropolitan area have<br />

been two very significant factors in the<br />

boost of this expansion trend.<br />

<strong>Barcelona</strong>'s tertiary sector is growing in a<br />

clearly entrepreneurial manner, as<br />

shown by the fact that the strongest<br />

increase in the last three years has been<br />

in the number of registered selfemployed,<br />

especially in the new<br />

technologies sector.<br />

The unemployment rate in 2004 was<br />

6.2%, noticeably lower than that of<br />

Catalonia, Spain and the European<br />

Union.<br />

1.2.3 FOREIGN <strong>INVESTMENT</strong><br />

IN <strong>BARCELONA</strong><br />

The <strong>Barcelona</strong> area is a very important<br />

foreign investment attraction centre,<br />

especially for industry and advanced<br />

services. This can be seen in many<br />

international economic indicators, such<br />

as the annual study conducted by British<br />

11


12<br />

consultancy firm Cushman & Wakefield<br />

Healey & Baker, which, for the first time<br />

in its 2005 edition, named <strong>Barcelona</strong> as<br />

the fifth best city in Europe for business,<br />

thus raising it one position.<br />

Already established companies very<br />

often make a strategic commitment<br />

through new investments in or<strong>de</strong>r to<br />

make their subsidiaries evolve towards<br />

higher value ad<strong>de</strong>d activities. The main<br />

reason for this is the high satisfaction<br />

level (97%) of companies already<br />

operating in the <strong>Barcelona</strong> area.<br />

Number of Foreign Companies in 2004<br />

70% of all Japanese companies and<br />

50% of all German, French and North<br />

American companies in Spain are in<br />

<strong>Barcelona</strong>’s economic area. Over 50% of<br />

foreign companies of an industrial nature<br />

in <strong>Barcelona</strong>’s economic area belong to<br />

the chemical, pharmaceutical and car<br />

industries. The services sector accounts<br />

for 42%, and construction for another<br />

3%.<br />

The <strong>Barcelona</strong> area is still a <strong>de</strong>stination of<br />

reference for attracting highly specialised<br />

services such as administrative, financial<br />

<strong>Barcelona</strong> 1.340<br />

Metropolitan area 2.698<br />

Catalonia 2.915<br />

Source: Foreign Investment in the <strong>Barcelona</strong> Area (La inversió estrangera a l'àrea <strong>de</strong> <strong>Barcelona</strong>). <strong>Barcelona</strong>: <strong>Barcelona</strong><br />

City Council, CIDEM, 2004.<br />

Foreign Investment in Catalonia (1994-2004) 30.022.220.000 €<br />

Percentage in relation to the total for Spain: 15,57%<br />

Foreign Investment in Catalonia (1st half of 2005)<br />

Growth rate in 2005/2004. 25%<br />

Percentage in relation to the total for Spain: 44,3%<br />

Source: Foreign Investment in the <strong>Barcelona</strong> Area (La inversió estrangera a l'àrea <strong>de</strong> <strong>Barcelona</strong>). <strong>Barcelona</strong>:<br />

<strong>Barcelona</strong> City Council, CIDEM, 2004.<br />

and marketing services centres. These<br />

centres are at the forefront of the current<br />

process being un<strong>de</strong>rgone by companies<br />

to become network structures with<br />

in<strong>de</strong>pen<strong>de</strong>nt units in different territories.<br />

Trends<br />

<strong>Barcelona</strong> is at the receiving end of a<br />

growing flow of investment aimed at<br />

creating management and services<br />

centres, research and distribution<br />

centres, software <strong>de</strong>velopment centres<br />

and <strong>de</strong>sign centres in the most varied<br />

sectors, such as professional and<br />

consumer electronics and the car<br />

industry.<br />

These are some of the sectors, activities<br />

and forward-looking uses the city wants<br />

to boost. This is why <strong>Barcelona</strong> has<br />

<strong>de</strong>ci<strong>de</strong>d to promote the establishment, in<br />

the city, of financial activities and<br />

businesses of large multinationals related<br />

to <strong>de</strong>sign, knowledge, distribution and<br />

customer call centres, also known by the<br />

English names Call Centers or Customer<br />

Relationship Management.<br />

1. ECONOMIC PRESENTATION


1.2.4 AN INTERNATIONALLY<br />

RECOGNISED LOCATION<br />

<strong>Barcelona</strong> has some of the highest<br />

positions in the various international<br />

rankings, which rate its urban reality,<br />

its ability to attract foreign capital, its<br />

<strong>BARCELONA</strong>, TOP 10<br />

entrepreneurial nature for business<br />

and the quality of life enjoyed here<br />

very highly.<br />

The European city which best promoted itself at an international level to attract Cushman & Wakefield Healey & Baker.<br />

foreign investment in 2005.<br />

The fifth best city in Europe for investing and doing business in 2005. Cushman & Wakefield Healey & Baker.<br />

The city with the best quality of life in Europe in 2005. Cushman & Wakefield Healey & Baker.<br />

<strong>Barcelona</strong>, the second most attractive European area for foreign investment in 2004. Chambre <strong>de</strong> Commerce <strong>de</strong> Paris.<br />

Best European city for investing in 2004. FDI, Foreign Direct Investment.<br />

(Group Finantial Times)<br />

The European city which has advanced most in recent years (2005). Cushman & Wakefield Healey & Baker.<br />

The European city of the future in 2004. FDI, Foreign Direct Investment.<br />

(Group Finantial Times)<br />

Best European city for transport in 2004. FDI, Foreign Direct Investment.<br />

(Group Finantial Times)<br />

One of the cities with the best growth prospects in Europe in 2002-2006. ERECO European Economic<br />

Research Consortium.<br />

One of the cities with the most competitive cost of living in 2004. UBS<br />

INTERNATIONAL COMPARISONS 2005<br />

1<br />

2<br />

3<br />

4<br />

5<br />

6<br />

7<br />

8<br />

9<br />

10<br />

CITY FOR<br />

BUSINESS<br />

LONDON<br />

PARIS<br />

FRANKFURT<br />

BRUSSELS<br />

<strong>BARCELONA</strong><br />

AMSTERDAM<br />

MADRID<br />

BERLIN<br />

MUNICH<br />

ZURIC<br />

QUALITY<br />

OF LIFE<br />

<strong>BARCELONA</strong><br />

PARIS<br />

STOCKHOLM<br />

MUNICH<br />

MADRID<br />

ZURICH<br />

GENEVA<br />

OSLO<br />

DUBLIN<br />

VIENNA<br />

Font: Cushman<br />

Cushman<br />

& Wakefield & Wakefield<br />

Healey & Baker Healey & Baker<br />

FOREIGN<br />

<strong>INVESTMENT</strong><br />

RECEIVED<br />

LONDON<br />

PARIS<br />

LYON<br />

COPENHAGUEN<br />

MOSCOW<br />

<strong>BARCELONA</strong><br />

STOCKHOLM<br />

BUDAPEST<br />

PAS-DE-CALAIS<br />

DUBLIN<br />

GROSS VALUE<br />

ADDED<br />

FORECASTS<br />

WARSAW<br />

BUDAPEST<br />

DUBLIN<br />

ATHENS<br />

MADRID<br />

PRAGUE<br />

STOCKHOLM<br />

HELSINKI<br />

<strong>BARCELONA</strong><br />

BIRMINGHAM<br />

INTERNATIONAL<br />

MEETINGS<br />

ORGANISED<br />

PARIS<br />

VIENNA<br />

GENEVA<br />

BRUSSELS<br />

LONDON<br />

<strong>BARCELONA</strong><br />

COPENHAGUEN<br />

BERLIN<br />

ROME<br />

STOCKHOLM<br />

Ernst & Young ERECO Union<br />

of International<br />

Associations<br />

SCIENTIFIC<br />

PRODUCTION<br />

LONDON<br />

PARIS<br />

MOSCOW<br />

BERLIN<br />

ROME<br />

MADRID<br />

CAMBRIDGE<br />

MUNICH<br />

<strong>BARCELONA</strong><br />

MILAN<br />

Catalonia<br />

Polytechnic<br />

University<br />

OVERNIGHT<br />

STAYS<br />

LONDON<br />

PARIS<br />

DUBLÍN<br />

ROMA<br />

MADRID<br />

BERLIN<br />

<strong>BARCELONA</strong><br />

VIENNA<br />

PRAGUE<br />

AMSTERDAM<br />

Tourism<br />

Marketing<br />

Information<br />

System<br />

COST<br />

OF LIVING<br />

LISBON<br />

LYON<br />

HAMBURG<br />

BIRMINGHAM<br />

MADRID<br />

<strong>BARCELONA</strong><br />

BRUSSELS<br />

ATHENS<br />

GLASGOW<br />

BERLIN<br />

Mercer Human<br />

Resource<br />

Consulting<br />

13


14<br />

1.2.5 FIRST CLASS<br />

INTERNATIONAL<br />

EDUCATION AND<br />

ACADEMIA<br />

Thanks to its significant education<br />

tradition, <strong>Barcelona</strong> is very well equipped<br />

to continually improve quality in this area.<br />

The network of education centres now<br />

offers a very comprehensive selection of<br />

study possibilities to provi<strong>de</strong> an easy<br />

solution to different situations and<br />

education needs.<br />

Universities and higher education<br />

The city has eight universities and several<br />

business schools of international renown.<br />

In addition, there are eleven technology<br />

transfer centres linked to the universities<br />

which have received several awards for<br />

their innovative initiatives from the<br />

European Commission’s Directorate-<br />

General for Enterprise and the<br />

Information Society.<br />

<strong>Barcelona</strong> has consolidated itself as a<br />

first class university <strong>de</strong>stination in terms<br />

of number of universities, qualifications<br />

and stu<strong>de</strong>nts.<br />

International schools<br />

There are several foreign schools in the<br />

city and its surroundings, enabling<br />

anyone wishing to do so to pursue<br />

foreign curriculums in the city. There are<br />

27 such schools in total, providing<br />

teaching in five languages: English,<br />

French, German, Italian and Japanese.<br />

www.ci<strong>de</strong>m.com/catalonia/cat/com/adreces/escoles/in<strong>de</strong>x.jsp<br />

1.2.6 QUALITY OF LIFE: A<br />

CITY TO VISIT AND<br />

LIVE IN<br />

<strong>Barcelona</strong> is a dynamic, mo<strong>de</strong>rn and<br />

diverse city, whose profound<br />

entrepreneurial, commercial and<br />

competitive spirit has for centuries<br />

coexisted with the art of good living and<br />

the enjoyment of the expressiveness of a<br />

<strong>de</strong>manding culture and urban quality.<br />

Its Mediterranean climate, the culture<br />

and leisure options on offer and the<br />

quality of life are key to attracting tourists<br />

and businesspeople to <strong>Barcelona</strong>. The<br />

city, located between the sea and the<br />

mountains, enjoys temperatures of<br />

between 23º C in the summer and 9º C<br />

in the winter, and has 7 km of well<br />

maintained beaches in the city centre<br />

itself.<br />

In addition, <strong>Barcelona</strong> has a highly<br />

valued cultural offer: 46 theatres, 41<br />

museums, 46 libraries, over 200 cinema<br />

screens and countless concerts and<br />

festivals held throughout the year. It is a<br />

great city which brings to daily life the<br />

inheritance of its architectural and<br />

monumental heritage. It is the only city in<br />

the world with eight World Heritage sites.<br />

The city, so full of great examples of<br />

Mo<strong>de</strong>rnista architecture and works by<br />

Gaudí, has been asserting its open and<br />

progressive nature from the late 20th<br />

century, with a new urban architecture<br />

which has reached clear international<br />

projection.<br />

All this, ad<strong>de</strong>d to first class public and<br />

private services (education, health, etc.),<br />

a high environmental commitment from<br />

businesses, respect for quality and<br />

occupational risk prevention, and a<br />

Name of the Organisation Type Web<br />

<strong>Barcelona</strong> University (UB) Public www.ub.edu<br />

<strong>Barcelona</strong> Autonomous University (UAB) Public www.uab.es<br />

Catalonia Polytechnic University (UPC) Public www.upc.edu<br />

Pompeu Fabra University (UPF) Public www.upf.edu<br />

Ramon Llull University Private www.url.edu<br />

Abat Oliba – CEU University Private www.uao.es<br />

Catalonia International University (UIC) Private www.uic.es<br />

Catalonia Open University (UOC) Private www.uoc.edu<br />

IESE Business school www.iese.edu<br />

ESADE Business school www.esa<strong>de</strong>.edu<br />

EADA Business school www.eada.edu<br />

IESKA Business school www.ieska.com<br />

UNIVERSITY DATA FOR ACADEMIC YEAR 2003-2004<br />

First and second stage internal and approved university diplomas. 393 qualifications<br />

University stu<strong>de</strong>nts. 204.000<br />

Foreign stu<strong>de</strong>nts. 11.221<br />

Source: <strong>Barcelona</strong> University Centre (BCU), 2004<br />

1. ECONOMIC PRESENTATION


public transport system combining<br />

quality and price, make <strong>Barcelona</strong> a very<br />

appealing city both for living in and for<br />

doing business.<br />

International comparisons<br />

<strong>Barcelona</strong>’s international renown for the<br />

quality of its city life and the gradual<br />

internationalisation it has achieved has<br />

been consolidated in recent years. This is<br />

so to the point that it was chosen<br />

European city with the best quality of life<br />

for the seventh consecutive year in the<br />

2005 European ranking published by<br />

Cushman & Wakefield Healey & Baker<br />

(C&W H&B).<br />

On the other hand, Mercer Consulting’s<br />

ranking of the most expensive cities in<br />

the world placed <strong>Barcelona</strong> in 56th<br />

place, and the Union <strong>de</strong> Banques<br />

Suisses (UBS) placed it in 27th place in<br />

its study taking into account citizens’<br />

income level on the basis of salaries.<br />

In summary, <strong>Barcelona</strong> is in a place of<br />

preference in terms of economic activity<br />

and business attraction, while<br />

consolidating itself as a fantastic<br />

European tourist <strong>de</strong>stination offering<br />

both visitors and resi<strong>de</strong>nts mo<strong>de</strong>rn and<br />

inclusive city planning with a high quality<br />

of life.<br />

1.2.7 NEW CITY PLANNING<br />

PROJECTS<br />

<strong>Barcelona</strong> is in the middle of the largest<br />

city planning transformation in its recent<br />

history. The city planning and<br />

infrastructure projects recently<br />

un<strong>de</strong>rtaken and currently in progress are<br />

shaping the 21st century city, where<br />

economic growth, the maintenance of<br />

competitiveness and job creation will<br />

affect citizens’ lives. Later is a <strong>de</strong>scription<br />

of some of the most emblematic projects:<br />

District 22@<br />

A project to transform the industrial<br />

district of Poblenou into an innovative<br />

production district, in the heart of the city,<br />

offering mo<strong>de</strong>rn spaces for strategic<br />

concentration of intensive knowledge<br />

activities. This initiative is both an urban<br />

renewal project and a new city mo<strong>de</strong>l in<br />

answer to the challenges of the<br />

Knowledge Society.<br />

Scope: 200 hectares.<br />

3.200.000 square metres of production spaces.<br />

220.000 square metres for new facilities and<br />

green areas.<br />

4.000 new subsidised flats and houses.<br />

An estimated 130,000 new jobs.<br />

An economic potential of €12,000 million for<br />

the whole operation.<br />

+ www.bcn.es/22@bcn<br />

Besòs Inter-University Campus<br />

This relates to the creation of an interuniversity<br />

campus for teaching and<br />

research, linked to the new production<br />

and business activity. It is in the new<br />

Avenida Diagonal extension area, on the<br />

coastline and the right bank of the River<br />

Besòs. This campus, which is promoted<br />

by the <strong>Barcelona</strong> 22@ innovation and<br />

the large transformation being<br />

un<strong>de</strong>rtaken in the Besòs area, will help<br />

polish and mo<strong>de</strong>rnise the current urban<br />

grid.<br />

160.000 square metres <strong>de</strong>voted to a new<br />

approach to knowledge spaces.<br />

<strong>Barcelona</strong> Biomedical Research<br />

Park<br />

This initiative is promoted by the<br />

Catalonian Government (Generalitat <strong>de</strong><br />

Catalunya), <strong>Barcelona</strong> City Council and<br />

Pompeu Fabra University, and aims to<br />

place <strong>Barcelona</strong> at the forefront of<br />

European transnational biomedical<br />

research. It is a science project involving<br />

both basic and applied research, in a<br />

50,000 square metre space, able to<br />

15


16<br />

provi<strong>de</strong> answers with perspectives<br />

ranging from molecular to population<br />

levels.<br />

50.000 square metres.<br />

80 research groups.<br />

1.000 professionals, scientists and highly<br />

qualified technicians.<br />

+ www.prbb.org<br />

Airport extension<br />

The airport extension project is<br />

coordinated through the Airport Master<br />

Plan, which provi<strong>de</strong>s for the regulation of<br />

activities in the airport premises and the<br />

completion of the new passenger and<br />

cargo terminals and of the whole airport<br />

in general.<br />

The aim is to turn <strong>Barcelona</strong> El Prat<br />

airport into an international connection<br />

airport which will be able to meet the<br />

growing <strong>de</strong>mands forecast between now<br />

and the 2025 horizon. The main actions<br />

envisaged by the Plan by 2007 are:<br />

renovation and refurbishing of the<br />

current terminal area, building the third<br />

runway and extending the existing one,<br />

the new South terminal, road and rail<br />

access, the services area (air cargo<br />

centre and aeronautical park), and<br />

environmental action.<br />

40 million passengers per year.<br />

90 operators at the busiest times and 400,000<br />

operations per year.<br />

500.000 tonnes of goods per year.<br />

250-hectare services area.<br />

+ www.aena.es<br />

Port extension<br />

Work on the extension of <strong>Barcelona</strong> port<br />

began in late 2001 with the placing of the<br />

first stone of the east pier. When this is<br />

completed, the port’s area and<br />

infrastructures will have doubled,<br />

enabling it to double its goods traffic too.<br />

One of the port's main appeals will be<br />

multi-access, thanks to the new road and<br />

rail access, the arrival of the European<br />

track width and the close proximity of the<br />

airport. This extension, which will be<br />

completed in 2010, will make it possible<br />

for the port to become the main logistics<br />

centre in Southern Europe.<br />

1.265 hectares of land surface area (currently<br />

558 hectares).<br />

786 hectares of sea area (currently 374<br />

hectares).<br />

265 hectares of logistics areas (currently 65<br />

hectares).<br />

+ www.apb.es<br />

Sagrera-Sant Andreu plan<br />

This is a city planning transformation<br />

project covering a large area of<br />

<strong>Barcelona</strong>. It inclu<strong>de</strong>s regulating the<br />

railway infrastructures in the north of<br />

the city, building the new La Sagrera<br />

High Speed Train central station and<br />

carrying out city planning<br />

improvements on five districts around<br />

the new rail complex, which will<br />

involve covering the tracks and<br />

creating a large linear park of over 4<br />

kilometres in length connecting the<br />

districts of Sant Andreu-La Sagrera to<br />

Sant Martí. The <strong>de</strong>tails of the plan are:<br />

Total area: 163 hectares (98 hectares of<br />

offices and housing; 53 hectares of green<br />

areas, and 12 hectares of facilities).<br />

Construction of 8,000 new dwellings, offices<br />

and commercial premises..<br />

+www.bcn.es/urbanisme/tav<br />

For information on other projects for<br />

<strong>Barcelona</strong> and its environs, visit:<br />

www.bcn2000.es.<br />

1. ECONOMIC PRESENTATION


1.3<br />

1.3.1 OFFICES AND<br />

COMMERCIAL<br />

PREMISES<br />

LOCATION AND<br />

THE PROPERTY MARKET<br />

<strong>Barcelona</strong>’s business spaces – over 12<br />

million square metres of industrial areas<br />

and around 4,500,000 square metres of<br />

total office floor space – enable business<br />

activities to grow and <strong>de</strong>velop with<br />

excellent value for money, especially with<br />

regard to offices.<br />

OFFICE MARKET ZONING IN THE <strong>BARCELONA</strong> AREA<br />

Cornellà<br />

Mas Blau<br />

Traditional central area<br />

<strong>Barcelona</strong> city.<br />

Avenida Diagonal and<br />

Passeig <strong>de</strong> Gràcia.<br />

Sant Just Desvern<br />

Sant Joan Despí<br />

Zona Franca<br />

Traditional business district<br />

<strong>Barcelona</strong> city.<br />

City centre and central<br />

Eixample area.<br />

BASIC INFORMATION RELATING TO OFFICES<br />

Office space 4.906.634<br />

Contracted surface area 413.000<br />

Available space 295.000<br />

Non-occupancy rate 6 %<br />

Minimum and maximum rent prices (€/m 2 /month). 8,5 / 23,5<br />

Source: Jones Lang Lasalle. 2005<br />

Sant Cugat<br />

Traditional secondary central<br />

zone<br />

<strong>Barcelona</strong> city.<br />

Left and right Eixample,<br />

boundary areas.<br />

New central districts<br />

<strong>Barcelona</strong> area.<br />

Gran Via l’Hospitalet, Diagonal<br />

Mar, 22@, Olympic Village and<br />

Port.<br />

Vallès Occ.<br />

m 2<br />

Inner periphery<br />

<strong>Barcelona</strong> area.<br />

Zona Franca, Mas Blau,<br />

Sant Cugat Business Park,<br />

Cornellà, Cerdanyola and<br />

Vila<strong>de</strong>cans.<br />

17


18<br />

SHOPPING STREETS AND DISTRICTS IN <strong>BARCELONA</strong><br />

BASIC INFORMATION RELATING TO COMMERCE<br />

Number of commercial establishments 53.668<br />

• Wholesale (26,6%) 14.280<br />

• Retail (73,4%) 39.388<br />

Non-occupancy rate 7,8%<br />

Average rent prices (€/m 2 /year) 600<br />

Total average sale price (€/m 2 ) 2.000<br />

Source: Developed in-house based on data provi<strong>de</strong>d by Global Property Alliance, King Sturge and <strong>Barcelona</strong> City Council<br />

ZONING OF <strong>BARCELONA</strong>'S INDUSTRIAL OFFERING<br />

E-1<br />

E-1<br />

E-1<br />

E-1<br />

C-2<br />

C-3<br />

B-3<br />

B-1<br />

C-1<br />

A-3<br />

A-2<br />

A-1<br />

B-5<br />

B-4<br />

B-2<br />

C-4<br />

D-1<br />

D-1<br />

E-1<br />

D-2<br />

AVERAGE PRICES FOR INDUSTRIAL BUILDINGS AND PREMISES<br />

Industrial building rent price (€/m 2 /month) 7,1<br />

Industrial building sale price (€/m 2 ) 1.175<br />

Industrial land total sale price (€/m 2 ) 707,5<br />

Source: Forca<strong>de</strong>ll and King Sturge.<br />

Commercial premises<br />

Commerce has always played a very<br />

important role in <strong>Barcelona</strong>’s history. The<br />

commercial sector is one of the activities<br />

which best reflect the open mentality of<br />

<strong>Barcelona</strong>’s inhabitants and the city’s<br />

good economic <strong>de</strong>velopment. In<br />

addition, <strong>Barcelona</strong> has inherited a track<br />

record as a successful Mediterranean<br />

trading city.<br />

In 2004, commercial sector turnover<br />

rose to €32,664 million, 6.2% higher<br />

than the previous year. This figure<br />

represents 15% of the city’s GDP and<br />

over 163,000 jobs. <strong>Barcelona</strong> has 17<br />

open air shopping districts spread out<br />

throughout the city. They are city areas<br />

with high concentrations of shops. They<br />

are generally shopping areas with a<br />

different offering from the city centre.<br />

1.3.2 INDUSTRIAL LAND<br />

AND BUILDINGS<br />

<strong>Barcelona</strong> is one of the cities with the<br />

most real property available for industrial<br />

activities in the Mediterranean Basin:<br />

over 12 million square metres. In spite of<br />

the limits on increasing this availability<br />

with new industrial land, the metropolitan<br />

area offers new opportunities around the<br />

main road arteries. The general trend<br />

indicates that the industrial land closest<br />

to <strong>Barcelona</strong> city centre is gradually<br />

being converted to mixed office,<br />

warehouse and resi<strong>de</strong>ntial premises<br />

Zona A<br />

Barcelonès, Baix llobregat<br />

Zona B<br />

Vallès Oriental and others<br />

Zona E<br />

Second ring<br />

Zona C<br />

Vallès Occi<strong>de</strong>ntal and others<br />

Zona D<br />

Maresme and others<br />

1. ECONOMIC PRESENTATION


RENT COMPARISON.<br />

BUSINESS SPACES IN THE MAIN URBAN AREAS OF THE WORLD (2004)<br />

RENT Offices €/m 2 /year Commercial spaces €/m 2 /year Industry €/m 2 /month<br />

Amsterdam 345 1.600 65<br />

Athens 320 3700 85<br />

<strong>Barcelona</strong> 260 600 80<br />

Beijing 175 1.349 125<br />

Berlin 288 2.280 72<br />

Birmingham 418 4.732 91<br />

Brussels 280 1.300 68<br />

Buenos Aires 90 190 35<br />

Chicago 270 1.321 104<br />

Dublin 516 6.000 120<br />

Hong Kong 461 3.664 45<br />

London 908 7.882 190<br />

Madrid 280 720 85<br />

Manchester 396 5.047 84<br />

Miami 265 209 74<br />

New York 435 2.573 106<br />

Paris 670 8.000 61<br />

San Francisco 240 739 104<br />

Shanghai 315 1.125 45<br />

Taipei 172 1.059 136<br />

Tokyo 720 575 138<br />

Washington 370 530 116<br />

Source: Global Aliance Property<br />

19


20<br />

1.3.3 AVAILABLE RESIDENTIAL PROPERTY<br />

HOUSING BY DISTRICT<br />

Les Corts<br />

Sants - Montjuïc<br />

Reference prices (2005) SALE RENT<br />

Districts Newly built €/m 2 Second hand €/m 2 Average €/m 2<br />

Ciutat Vella 4.200 3.900 10,4<br />

L'Eixample 5.276 4.139 10,56<br />

Sants 3.827 3.573 11,24<br />

Les Corts 4.393 4.402 12,93<br />

Sarrià - Sant Gervasi 7.856 4.906 12,9<br />

Gràcia 4.335 4.006 11,21<br />

Horta - Guinardó 3.430 3.359 9,93<br />

Nou Barris 3.350 3.121 9,75<br />

Sant Andreu 3.581 3.364 9,65<br />

Sant Martí 3.636 3.700 11.15<br />

Average for <strong>Barcelona</strong> 4.493 3.813 10,91<br />

Source: Municipal Housing Trust (Patronat Municipal <strong>de</strong> l'Habitatge)<br />

Sarrià - Sant Gervasi<br />

L’Eixample<br />

Ciutat Vella<br />

Gràcia<br />

Horta - Guinardó<br />

Sant Martí<br />

Nou Barris<br />

Sant Andreu<br />

2004 saw an upturn in the number of<br />

dwellings in the market. The number of<br />

dwellings available in <strong>Barcelona</strong><br />

increased by 10.1%. Resi<strong>de</strong>ntial<br />

construction has focused on the<br />

outskirts, which have more land<br />

available, mostly free from other uses. All<br />

this new resi<strong>de</strong>ntial construction has<br />

increased its sale price by around<br />

20.6%. The rental market, on the other<br />

hand, has experienced a more mo<strong>de</strong>rate<br />

growth: around 7.6%.<br />

1. ECONOMIC PRESENTATION


1.3.4 LOCATION<br />

<strong>Barcelona</strong> City Council, through the<br />

Economic Promotion Sector (Sector <strong>de</strong><br />

Promoció Econòmica), and the Centre<br />

for Innovation and Business<br />

Development (CIDEM), provi<strong>de</strong> help and<br />

advice to find spaces for economic<br />

activities. There are also various<br />

companies, institutions, gui<strong>de</strong>books and<br />

websites to help you find different types<br />

of property (offices, commercial<br />

premises, industrial land and buildings<br />

and resi<strong>de</strong>ntial properties). Later is a list<br />

of some of the main ones.<br />

Name / type Description Web address<br />

International property The main international estate agents<br />

consultants. operating in <strong>Barcelona</strong> offer a wi<strong>de</strong> *<br />

range of locations<br />

and services.<br />

Company 22@bcn. State-owned organisation which www.bcn.es/22@bcn<br />

manages the conversion of the<br />

district of Poblenou into a technology<br />

district. It provi<strong>de</strong>s information on<br />

commercial premises and offices in<br />

the area.<br />

Pacte Industrial <strong>de</strong> A BCN metropolitan area organisation www.pacteind.org<br />

la Regió Metropolitana. providing information on in dustrial<br />

buildings & commercial premises.<br />

Cimalsa. Integrated Centre for Logistics Activiti- www.cimalsa.es<br />

es and Goods), a State-owned organisation<br />

which promotes infrastructures<br />

and facilities relating to logistics and<br />

transports<br />

Col·legi d'APIS. Official Estate Agents’ Association for www.apibcn.com<br />

<strong>Barcelona</strong> city and province.<br />

Col·legi d'Administradors Professional Association of Property www.coleadministradors.com<br />

Administrators for <strong>Barcelona</strong> and<br />

Lleida.<br />

Business centres. <strong>Barcelona</strong> and its surrounding area<br />

have a wi<strong>de</strong> range of business centres<br />

with all kinds of spaces and services<br />

for businesses<br />

Business incubators. Aimed at entrepreneurs with a viable www.barcelonactiva.es<br />

business project who wish to start a<br />

company and set up in the city.<br />

Relocation companies Companies which offer all kinds of<br />

services to help foreigners settle into<br />

the city.<br />

Real estate gui<strong>de</strong>books Offices and commercial and resi<strong>de</strong>ntial<br />

and portals premises are also marketed by means<br />

of classified advertisements in newspapers,<br />

property supplements in newspapers<br />

and magazines, specific advertising<br />

by estate agents, and also<br />

through real estate portals on<br />

the Internet<br />

* Address lists are available from <strong>Barcelona</strong> City Council and CIDEM.<br />

*<br />

*<br />

*<br />

21


22<br />

1.4<br />

TRADE FAIRS AND<br />

CONFERENCES<br />

1.4.1 <strong>BARCELONA</strong> TRADE<br />

FAIR (FIRA DE<br />

<strong>BARCELONA</strong>)<br />

Most of the tra<strong>de</strong> fair and conference<br />

activities held in the city take place at Fira<br />

<strong>de</strong> <strong>Barcelona</strong>, which is one of the drivers<br />

of the city’s commercial activity. Since its<br />

creation almost one hundred years ago,<br />

this is the leading such centre in the<br />

whole of Spain and one of the top five in<br />

Europe in terms of number of events<br />

held.<br />

Every year, Fira <strong>de</strong> <strong>Barcelona</strong> welcomes<br />

over 30,000 exhibiting companies and<br />

3.5 million visitors. In 2004, tra<strong>de</strong> fair-<br />

CONFERENCES AND PROFESSIONAL MEETINGS (2004)<br />

related activities generated 2,000 million<br />

euros of induced economy. Some of the<br />

more than 70 shows organised by Fira<br />

<strong>de</strong> <strong>Barcelona</strong> are in the top places of the<br />

European tra<strong>de</strong> fair ranking: Alimentaria<br />

(food and drink sector), Sonimagphoto<br />

(audio and photography), Saló <strong>de</strong><br />

l'Automòbil (cars), Hispack (packaging),<br />

Graphispag (graphics), Caravaning<br />

(caravans), and Saló Nàutic (boats).<br />

Fira <strong>de</strong> <strong>Barcelona</strong> is formed by two large<br />

centres: Montjuïc-1 and Montjuïc-2.<br />

When the current extension is finished,<br />

the centre will cover an area of 355,000<br />

square metres, making it the second<br />

largest in Europe<br />

Number of meetings Number of participants<br />

Conferences, seminars and courses 374 Conferences, seminars and courses 193.708<br />

Conventions and incentives 772 Conventions and incentives 166.627<br />

Total 1146 Total 360.335<br />

Source: <strong>Barcelona</strong> Tourism Board, 2004.<br />

1.4.2 CONFERENCES,<br />

CONVENTIONS AND<br />

PROFESSIONAL<br />

MEETINGS<br />

According to data from the International<br />

Union of Associations, <strong>Barcelona</strong> is in<br />

seventh place in the world in the<br />

conference and convention tourism<br />

market. The attached table contains<br />

some data showing the active economy<br />

in this area. From the spaces available<br />

for organising conferences and<br />

conventions in the city, it highlights the<br />

Fira <strong>de</strong> <strong>Barcelona</strong> facilities (Palau <strong>de</strong><br />

Congressos and Centre <strong>de</strong> Convencions<br />

- the Conference and Convention<br />

Centres), the new <strong>Barcelona</strong><br />

International Convention Centre (CCIB)<br />

and the Palau <strong>de</strong> Congressos <strong>de</strong><br />

Catalunya (Catalonia Convention<br />

Centre). In addition, the <strong>Barcelona</strong><br />

Convention Bureau provi<strong>de</strong>s all kinds of<br />

information and advice for the<br />

organisation of conferences, meetings<br />

and incentive trips.<br />

1. ECONOMIC PRESENTATION


FIRA DE <strong>BARCELONA</strong> CONFERENCE AND<br />

CONVENTION CENTRES.<br />

(PALAU DE CONGRESSOS AND CENTRE<br />

DE CONVENCIONS DE <strong>BARCELONA</strong>).<br />

Fira <strong>de</strong> <strong>Barcelona</strong> is also a lea<strong>de</strong>r in the<br />

organisation of industrial and<br />

professional conferences, events and<br />

conventions. It is one of the sector’s top<br />

four institutions in Europe in terms of<br />

number of events. It inclu<strong>de</strong>s the<br />

Conference Centre (Palau <strong>de</strong><br />

Congressos), located in the Montjuïc-1<br />

premises, and a convention centre in the<br />

Montjuïc-2 premises.<br />

+ Information / Infofira<br />

Tel. 902 233 200 | +34 93 233 20 00<br />

www.firabcn.es<br />

<strong>BARCELONA</strong> INTERNATIONAL<br />

CONVENTION CENTRE (CCIB)<br />

CCIB was built for the 2004 Universal<br />

Forum of Cultures. It is now the largest<br />

convention centre in southern Europe<br />

and its construction has greatly<br />

advanced <strong>Barcelona</strong>’s position in the<br />

conference and convention tourism<br />

sector, since the city can now meet<br />

<strong>de</strong>mand for events of over 6,000<br />

<strong>de</strong>legates and can hold 15,000 people in<br />

a single place.<br />

+ Information<br />

Tel. +34 93 230 10 00<br />

ccib@ccib.es<br />

www.ccib.es<br />

CATALONIA CONVENTION CENTRE<br />

(PALAU DE CONGRESSOS DE<br />

CATALUNYA)<br />

It was built in 2001 and is part of the<br />

Royal Complex, a <strong>de</strong>luxe complex<br />

created by the Conference Centre itself,<br />

the hotel Juan Carlos I, The Royal Fitness<br />

and The Royal Catering, with the aim of<br />

offering top level services tailored to each<br />

client’s needs.<br />

+ Information<br />

Tel. +34 93 364 44 00<br />

info@pcongressos.com<br />

www.pcongresos.com<br />

<strong>BARCELONA</strong> CONVENTION BUREAU<br />

(BCB)<br />

BCB is a <strong>Barcelona</strong> Tourism Board<br />

programme specialising in providing<br />

support for the organisation of events<br />

and the promotion of the city as a venue<br />

for meetings.<br />

+ Information<br />

Tel. +34 93 368 97 00<br />

bcb@barcelonaturisme.com<br />

www.barcelonaturisme.com<br />

23


2. HOW TO START A BUSINESS IN <strong>BARCELONA</strong>


2.1<br />

TYPES OF BUSINESS<br />

ORGANISATION<br />

THERE ARE TWO BASIC WAYS OF<br />

CARRYING OUT A BUSINESS ACTIVITY IN<br />

CATALONIA:<br />

On a self-employed basis, i.e. as a selfemployed<br />

with unlimited liability<br />

(including both business and personal<br />

assets) or by creating a company, with<br />

liability limited to business assets.<br />

Choosing the appropriate type of<br />

business organisation for the activity<br />

<strong>de</strong>pends on the investor’s interests and<br />

strategy. Un<strong>de</strong>r the current legal<br />

framework, there is a broad range of<br />

possibilities with flexibility to adapt to the<br />

particular needs of each investor.<br />

2.1.1 SELF-EMPLOYED<br />

This is the perfect way for a natural<br />

person to carry out a business activity in<br />

his or her own name on a regular basis.<br />

The only legal requirements are that the<br />

person who is to carry out the business<br />

activity must be of full legal age (18 or<br />

over) and have sufficient legal capacity to<br />

carry it out.<br />

The steps for starting up a business as a<br />

self-employed are easier and cheaper<br />

than those for starting a company, but<br />

self-employed people are liable for the<br />

business’ <strong>de</strong>bts with their current and<br />

future personal assets.<br />

When a place of business is set up, its<br />

name will be that of the person who owns<br />

the business (although he or she may<br />

work un<strong>de</strong>r a different tra<strong>de</strong> name). Selfemployed<br />

are governed by a special<br />

Social Security regime called RETA<br />

(Special Regime for Self-employed<br />

Workers) with its own rules distinct from<br />

the regime governing employed workers.<br />

Any workers hired by the self-employed<br />

must register with the general Social<br />

Security regime.<br />

A self-employed or self-employed worker<br />

is one who conducts, on a personal,<br />

direct and regular basis, an economic<br />

activity for profit without being subject to<br />

an employment contract.<br />

If a foreigner wishes to carry out an<br />

activity on a self-employed basis, he or<br />

she must have the legal capacity to<br />

conduct a business activity un<strong>de</strong>r the<br />

national law of his or her country of<br />

origin, and must obtain authorisation (the<br />

relevant work and resi<strong>de</strong>nce permit)<br />

from the relevant Government office.<br />

2.1.2 COMPANIES<br />

This can be consi<strong>de</strong>red the most<br />

common type of investment. There are<br />

several types of company un<strong>de</strong>r Spanish<br />

law. The main ones are the Public<br />

Limited Company (Societat Anònima,<br />

SA) and the Private Limited Company<br />

(Societat <strong>de</strong> Responsabilitat Limitada,<br />

SL), which are characterised by the<br />

limitation of investors’ liability to their<br />

contribution to the company.<br />

25


26<br />

The Public Limited Company (SA) form is<br />

advisable for large businesses and/or<br />

projects, both commercial and industrial,<br />

and requires a substantial capital<br />

investment, which can be obtained by<br />

offering shares to the public.<br />

However, many medium-sized<br />

companies also choose this form of<br />

business organisation because of the<br />

ease with which shares can be<br />

transferred. It is worth noting that there<br />

are some sectors in which the<br />

investment must be mandatorily ma<strong>de</strong><br />

through a Public Limited Company:<br />

these inclu<strong>de</strong> the banking, insurance<br />

and television sectors, among others.<br />

The Private Limited Company (SL) is the<br />

form usually adopted by small and<br />

medium-sized companies, because of<br />

the lower minimum share capital<br />

required. In any case, their high <strong>de</strong>gree<br />

of flexibility in terms of management and<br />

organisation also makes them appealing<br />

for setting up large businesses for which<br />

these factors are relevant, such as<br />

business partnerships or portfolio<br />

companies.<br />

However, if the entrepreneur is a foreign<br />

legal person, it is quite common to set up<br />

an entity without its own legal personality,<br />

such as a Branch or Representative<br />

Office.<br />

Other structures may be interesting for<br />

the establishment of specific projects,<br />

such as Private Partnerships (Societats<br />

Civils Priva<strong>de</strong>s), Economic Interest Groups<br />

(Agrupacions d’Interès Econòmic) and<br />

Cooperatives (Societats cooperatives),<br />

although their use is less wi<strong>de</strong>spread<br />

because the investors’ liability is<br />

unlimited.<br />

On the other hand, their great operational<br />

flexibility and some particularities of tax<br />

regimes which apply to them can make<br />

them advantageous for certain projects.<br />

Another business form is the New Firm<br />

Private Limited Company (Societat<br />

Limitada <strong>de</strong> Nova Empresa), a new subtype<br />

of Private Limited Company which is<br />

SUMMARY OF THE MAIN FORMS OF BUSINESS ORGANISATION IN <strong>BARCELONA</strong><br />

much quicker and easier to incorporate<br />

(24 h), through standard forms and<br />

electronic media. It also has simpler<br />

accounting obligations and a high <strong>de</strong>gree<br />

of flexibility. It is inten<strong>de</strong>d for small<br />

business and individual entrepreneurs.<br />

Below is a table summarising the most<br />

common types of business organisation:<br />

The steps required for starting up a<br />

Self-employed Private Limited Public Limited Branches Representative<br />

Companies Companies Offices<br />

Divi<strong>de</strong>d capital. None. Stock units. Own shares. No capital No capital<br />

of its own. of its own.<br />

Minimum capital. Enough to carry out 3.005,06 €, 60.101,21 €, at least Assigned endowment. Own resources from<br />

the activity. paid up on 25% of the minimum the parent. It is<br />

incorporation. capital must be paid up not consi<strong>de</strong>red foreign<br />

on incorporation. investment.<br />

Public steps. Not required. Public <strong>de</strong>ed Public <strong>de</strong>ed Public <strong>de</strong>ed Escriptura pública<br />

Commercial Register. Commercial Register. Commercial Register. Registre Mercantil.<br />

Legal personality. None. The company’s. The company’s. The foreign parent’s. The foreign parent’s.<br />

Liability. Unlimited. Limited to Limited to Unlimited for the Unlimited for the<br />

contributions. contributions. parent company. parent company.<br />

2. HOW TO START A BUSINESS IN <strong>BARCELONA</strong>


2.2<br />

business <strong>de</strong>pend on the type of business<br />

organisation the investor wishes to use.<br />

Deadlines will vary <strong>de</strong>pending on the<br />

type of business organisation chosen.<br />

Below is a summary of the procedures<br />

for each of the business organisation<br />

types most commonly used in Catalonia.<br />

It is worth noting that, foreign selfemployed,<br />

in addition to the tramits<br />

mentioned in section 2.2.1, must first<br />

obtain the work and resi<strong>de</strong>nce permit<br />

mentioned in section 2.1.1 and 2.4. In<br />

some cases, and <strong>de</strong>pending on the<br />

activity to be carried out, the permit may<br />

only be obtained after their qualification<br />

has been officially approved.<br />

In case of foreign associate (S.A/S.L), in<br />

addition to the tramits mentioned in<br />

section 2.2.2 , must obtain:<br />

- Foreigners' I<strong>de</strong>ntification Co<strong>de</strong><br />

(Número d’I<strong>de</strong>ntificació d’Estrangers<br />

NIE) in any Government office or the<br />

Spanish Consulate or Embassy.<br />

- Declaration or authorisation of the<br />

2.2.1 STEPS FOR SETTING UP AS A SELF-EMPLOYED<br />

Steps<br />

STEPS FOR STARTING<br />

UP A BUSINESS<br />

1. Census <strong>de</strong>claration confirming that<br />

the provisional Tax I<strong>de</strong>ntification Co<strong>de</strong><br />

(CIF) has been obtained.<br />

Registration for the following taxes:<br />

Value Ad<strong>de</strong>d Tax (VAT) and Business<br />

Tax (Impost sobre Activitats<br />

Econòmiques, IAE).<br />

2. Obtaining the required licences, authorisations<br />

and administrative registrations.<br />

3. Registration with the Special Regime<br />

for Self-employed Workers (RETA).<br />

4. Registering the business with the<br />

Social Security system for registering<br />

workers.<br />

5. Notice of opening of the business<br />

premises.<br />

6. Legalisation of the records.<br />

Description<br />

Submittal of official form 036 to obtain the provisional<br />

Tax I<strong>de</strong>ntification Co<strong>de</strong>, which is also the<br />

self-employed personal Tax I<strong>de</strong>ntification Number<br />

(NIF). This step i<strong>de</strong>ntifies the business activity for<br />

tax purposes and notifies the administration of the<br />

starting of the activity.<br />

With regard to Business Tax, self-employed are<br />

exempt from paying this tax but must provi<strong>de</strong><br />

census information by means of the related return<br />

These vary <strong>de</strong>pending on the type of business<br />

activity.<br />

Compulsory registration with the Special Regime for<br />

Self-employed Workers for self-employed acting as<br />

individual entrepreneurs, TA-1 card form.<br />

Compulsory registration of the business with the<br />

Social Security system in or<strong>de</strong>r to register workers,<br />

TA-1 card form for the first registration, and TA-2<br />

card form with <strong>de</strong>tails of the business and the<br />

workers.<br />

Obligation to notify of the opening of the premises<br />

in which the activity will be carried out.<br />

These are the employment record register, and<br />

the tax and accounts books (Journal, Inventory<br />

Book and Annual Accounts).<br />

The total time period is<br />

approximately one week. (apart from any necessary administrative authorisations).<br />

investment at the General Bureau of<br />

Commerce and Investment (Dirección<br />

General <strong>de</strong> Comercio e Inversiones) and<br />

Foreign Investment Register (Registro<br />

<strong>de</strong> Inversiones Extranjeras) of the<br />

Ministry of Finance (Ministerio <strong>de</strong><br />

Economia).<br />

In case of foreign administrators<br />

(S.A/S.L.), they only have to obtain the<br />

NIE.<br />

Institution / Organisation<br />

Any branch of the State Tax Administration<br />

Agency (Agència Estatal <strong>de</strong> l'Administració<br />

Tributària) for that address.<br />

Deadline: before starting the activity<br />

Public administrations: regional and local.<br />

Deadline: before commencing the activity<br />

Provincial Social Security Treasury.<br />

Deadline: within 30 days following the<br />

commencement of the activity.<br />

Provincial Social Security Treasury.<br />

Deadline for registration: within 30 days<br />

following the commencement of the activity.<br />

Deadline for registering workers: between 1<br />

and 60 days before the commencement of the<br />

activity<br />

Provincial branch of the Ministry of<br />

Employment Regional Service.<br />

Deadline: 30 days following the opening of the<br />

premises.<br />

Labour Inspectorate in relation to the employment<br />

record books, and the appropriate Commercial<br />

Register for the address in relation to<br />

the accounts and tax books.<br />

27


2.2.2 STEPS FOR SETTING UP A COMPANY (SA / SL)<br />

Steps<br />

1. Certificate of availability of company name<br />

(Certificació Negativa <strong>de</strong> Denominació<br />

Social).<br />

2. Opening a current account and requesting a<br />

certificate confirming that the share capital<br />

has been paid into the bank.<br />

3. Drafting the company by-laws.<br />

4. Granting powers of attorney.<br />

5. Executing the <strong>de</strong>ed of incorporation of the<br />

company.<br />

6. Census <strong>de</strong>claration that the provisional Tax<br />

I<strong>de</strong>ntification Co<strong>de</strong> (CIF) has been obtained.<br />

Registration for the following taxes:<br />

- Value Ad<strong>de</strong>d Tax (VAT)<br />

- Corporate Income Tax (Impost <strong>de</strong> Societats)<br />

- Business Tax (Impost sobre Activitats<br />

Econòmiques).<br />

7. Paying Property Transfer Tax and Stamp<br />

Duty (Impost <strong>de</strong> Transmissions Patrimonials<br />

i Actes Jurídics Documentats, ITP i AJD).<br />

8. Registration at the Commercial Register.<br />

9. Obtaining the required licences, authorisations<br />

and administrative registrations.<br />

10. Registering the company with the Social<br />

Security system.<br />

11. Registering the workers with the Social<br />

Security system.<br />

12. Notice of opening of the business<br />

premises.<br />

13. Obtaining the <strong>de</strong>finitive Tax I<strong>de</strong>ntification<br />

Co<strong>de</strong> (CIF).<br />

14. Legalisation of the company records.<br />

Description<br />

It provi<strong>de</strong>s evi<strong>de</strong>nce that the name chosen for the company has<br />

not already been taken by another existing company. The name is<br />

reserved for 15 months. The certificate, however, is only valid for<br />

two months, although it can be renewed, and it must be provi<strong>de</strong>d<br />

at the act of incorporation before a notary public.<br />

This is in or<strong>de</strong>r to pay in the minimum share capital and provi<strong>de</strong><br />

evi<strong>de</strong>nce of this payment to the notary when executing the <strong>de</strong>ed of<br />

incorporation of the company<br />

They set out the essential rules for the operation of the company.<br />

A document whereby a member who is unable to attend the act of<br />

incorporation of the company before a Notary Public empowers<br />

another to appear on his or her behalf. This can also be granted<br />

abroad if the document inclu<strong>de</strong>s a 1961 Hague Convention<br />

apostille (a stamp which gives effect in Spain to the power of<br />

attorney granted).<br />

This is the act of appearance of the members or their representatives<br />

before a Notary Public formalising the incorporation of the company<br />

Submittal of the official form (036) to obtain a provisional Tax<br />

I<strong>de</strong>ntification Co<strong>de</strong> which will i<strong>de</strong>ntify the company for tax<br />

purposes, and notifying the administration of the commencement<br />

of the company’s activities. Submitting form 036 results in<br />

automatic registration. New companies are exempt from paying<br />

Business Tax during the first two years of activity. Following this<br />

time, they will only be subject to this tax after a certain turnover<br />

threshold.<br />

This is 1% of the share capital and is necessary in or<strong>de</strong>r to register<br />

the company at the Commercial Register.<br />

This publicises the fact of the incorporation of the company by<br />

which it gains legal personality..<br />

These vary <strong>de</strong>pending on the type of business activity.<br />

Obligation to register the company with the relevant Social Security<br />

regime. at Social.<br />

Obligations relating to the workers´Social Security registration, TA-1<br />

card form for the first registration, and TA-2 card form with <strong>de</strong>tails<br />

of the business and the workers.<br />

Notification of commencement of a new activity to the relevant<br />

labour authority, regardless of its type and of whether or not the<br />

business hires workers.<br />

Obtaining the <strong>de</strong>finitive Tax I<strong>de</strong>ntification Co<strong>de</strong> card.<br />

This consists of 4 books: the Journal, the Inventory Book, the<br />

Annual Accounts, the Minute Book and, in the case of a sole<br />

sharehol<strong>de</strong>r, the Register of Contracts with the sole sharehol<strong>de</strong>r.<br />

Institution / Organisation<br />

Central Commercial Register<br />

(Registre Mercantil Central).<br />

Any bank or savings bank.<br />

Law firm.<br />

Notary Public’s Office.<br />

Notary Public’s Office.<br />

Any branch of the State Tax Administration<br />

Agency (Agència Estatal <strong>de</strong> l'Administració<br />

Tributària) for the company’s tax address.<br />

Deadline: before commencing the activity.<br />

The Catalonian Government’s General Tax<br />

Department.<br />

Deadline: within one month following the execution<br />

of the <strong>de</strong>ed of incorporation of the company.<br />

The Commercial Register which corresponds to<br />

the company’s registered address. Deadline:<br />

within two months following the execution of the<br />

<strong>de</strong>ed of incorporation of the company.<br />

Public administrations (regional and local).<br />

Deadline: before commencing the activity<br />

The Provincial Department of the Social Security<br />

Regional Treasury (Direcció Provincial <strong>de</strong> la<br />

Tresoreria Territorial <strong>de</strong> la Seguretat Social)<br />

which corresponds to the company’s registered<br />

address. Deadline: before commencing the<br />

activity and hiring the first worker.<br />

The Provincial Department of the Social Security<br />

Regional Treasury (Direcció Provincial <strong>de</strong> la<br />

Tresoreria Territorial <strong>de</strong> la Seguretat Social) which<br />

corresponds to the company’s registered address.<br />

Deadline: before workers start to join.<br />

The Catalonian Government’s Ministry of<br />

Employment (Departament <strong>de</strong> Treball). Deadline:<br />

30 days following the opening of the premises.<br />

Any branch of the State Tax Administration<br />

Agency (Agència Estatal <strong>de</strong> l'Administració<br />

Tributària) for the company’s tax address.<br />

Deadline: 6 months after the issue of the<br />

provisional card (Step No.6).<br />

The Commercial Register which corresponds to<br />

the company’s registered address.<br />

The total time period is<br />

approximately 30 days . (apart from any necessary administrative authorisations and the Commercial Register registration).<br />

2. HOW TO START A BUSINESS IN <strong>BARCELONA</strong>


2.2.3 STEPS FOR SETTING UP<br />

A BRANCH / REPRESENTATIVE OFFICE<br />

The steps are similar to those required for setting up a company, although the following specific issues are worth mentioning:<br />

Steps<br />

1. Executing the <strong>de</strong>ed of incorporation of<br />

the branch / representative office.<br />

2. Opening a current account and<br />

transferring funds.<br />

2.3<br />

2.3.1 TAXES<br />

Un<strong>de</strong>r current Spanish legislation, tax<br />

obligations in Catalonia are among the<br />

least onerous in the Eurozone.<br />

In this section, foreign investors can<br />

become familiar with the main tax<br />

concepts which apply here and ascertain<br />

their possible impact on business<br />

activities.<br />

The tax regime applicable in <strong>Barcelona</strong><br />

comprises several different taxes which<br />

can be divi<strong>de</strong>d into direct, indirect and<br />

local taxes:<br />

Direct taxes: these are taxes payable on<br />

income. In the case of economic<br />

activities, tax is paid on the difference<br />

between income and expenditure.<br />

One must make a distinction between<br />

income tax paid by natural persons<br />

Description<br />

The following documents relating to the foreign<br />

parent company must be provi<strong>de</strong>d:<br />

- Resolution of the relevant corporate body<br />

egarding the <strong>de</strong>cision to set up the branch or<br />

representative office.<br />

- Granting of powers of attorney to the<br />

representative / manager of the branch /<br />

representative office.<br />

- Certificate of the registry or relevant authority of<br />

the parent company’s country confirming the<br />

validity of the parent’s existence, the currency of<br />

its by-laws and the offices held by its directors.<br />

Although no minimum capital is required, it must<br />

be given the necessary funds to carry out its<br />

business.<br />

TAX REGIME,<br />

TAX AND ALLOWANCES<br />

(Personal Income Tax - Impost sobre la<br />

Renda <strong>de</strong> les Persones Físiques, IRPF)<br />

and income tax paid by legal persons<br />

(Corporate Income Tax - Impost sobre<br />

Societats, IS). The main difference is that<br />

Corporate Income Tax always uses<br />

accounts, whereas these are not usually<br />

required for Personal Income Tax,<br />

although records of income and<br />

expenditure do exist.<br />

In addition, there is a special module<br />

regime for Personal Income Tax (in<br />

which income is calculated on the basis<br />

of objective parameters) if the limits<br />

stipulated by the laws governing specific<br />

activities - especially small businesses<br />

such as bars/cafés and shoe shops - are<br />

met.<br />

- Personal Income Tax (IRPF) is a<br />

progressive tax applicable to available<br />

income, i.e. the total amount of income<br />

received during the calendar year<br />

minus specific essential minimum<br />

Institution / Organisation<br />

Notary Public’s Office.<br />

Any bank or savings bank.<br />

amounts <strong>de</strong>termined by the law.<br />

Taxation is based on a progressive rate<br />

scale ranging from 15% to 45%.<br />

Increases and reductions in assets<br />

(generally sales of assets which are not<br />

business stock) are taxed at a fixed rate of<br />

15% (one of the lowest in Europe).<br />

For foreign workers who have been<br />

transferred to Spain, there is a regime to<br />

reduce the cost to the employer: their<br />

salaries (usually agreed as net amounts)<br />

are taxed at just 25%.<br />

- Corporate Income tax (IS) is charged on<br />

income received by legal persons or<br />

companies. The general rate is 35%.<br />

However, small companies (with a<br />

turnover of less than €8 million) profits<br />

of up to €120, €202.40 are taxed at a<br />

flat rate of 30%.<br />

29


30<br />

In addition, the tax rate is noticeably<br />

reduced when certain legally established<br />

tax benefits, such as those affecting<br />

research, <strong>de</strong>velopment and innovation<br />

activities, are applied.<br />

In addition, the <strong>de</strong>duction for reinvestment<br />

of profit means that capital gains on<br />

certain assets are taxed at 15% provi<strong>de</strong>d<br />

the amount obtained from their transfer is<br />

reinvested un<strong>de</strong>r the conditions stipulated<br />

by the law.<br />

Indirect taxes: these are taxes payable on<br />

consumption. There are two main types<br />

of indirect tax:<br />

Value Ad<strong>de</strong>d Tax (IVA) and Property<br />

Transfer Tax and Stamp Duty (Impost <strong>de</strong><br />

Transmissions Patrimonials i Actes<br />

Jurídics Documentats, ITP i AJD).<br />

- Value Ad<strong>de</strong>d Tax (IVA): this applies to<br />

business activities and is ultimately<br />

supported by consumers.<br />

- Property Transfer Tax and Stamp Duty<br />

(ITP and AJD): this applies to transfers<br />

between persons other than<br />

entrepreneurs and to certain real<br />

property transactions.<br />

GENERAL TABLE OF THE MAIN TAXES APPLICABLE TO BUSINESSES IN CATALONIA<br />

TAXES<br />

DIRECT TAXES:<br />

on business profit<br />

INDIRECT TAXES:<br />

on consumption<br />

LOCAL TAXES:<br />

on other items<br />

Local Taxes: City Councils charge various<br />

taxes on economic activity:<br />

- Business Tax (Impost sobre Activitats<br />

Econòmiques, IAE): this tax is<br />

calculated on the basis of objective<br />

parameters, such as the activity and the<br />

number of square metres of the<br />

premises in which the business is<br />

conducted.<br />

There is an exemption for natural<br />

persons and businesses with a turnover<br />

of un<strong>de</strong>r €1 million.<br />

PERSONAL INCOME TAX (IRPF)<br />

(NATURAL PERSONS):<br />

Progressive scale ranging from 15% to 45%<br />

CORPORATE INCOME TAX (IS)<br />

(LEGAL PERSONS):<br />

General rate of 35% with certain allowances<br />

VALUE ADDED TAX (IVA)<br />

This is charged at three different rates: 4%, 7% and 16%<br />

PROPERTY TRANSFER TAX (ITP)<br />

On certain purchases of real property: 7%<br />

On the incorporation of a company: 1%<br />

LOCAL PROPERTY TAX (IBI)<br />

On ownership of real property<br />

BUSINESS TAX (IAE)<br />

On the exercise of business activities (companies only)<br />

OTHER TAXES<br />

For rubbish collection, on ownership of vehicles, etc.<br />

2. HOW TO START A BUSINESS IN <strong>BARCELONA</strong>


- Local Property Tax (Impost sobre Béns<br />

Immobles, IBI): this applies to<br />

ownership of real property, and the<br />

amount charged <strong>de</strong>pends on the value<br />

of the property and the rate set by the<br />

City Council in question.<br />

- Other local taxes, such as the Tax on<br />

Buildings, Works And Installations<br />

(ICIO), which is charged based on the<br />

value of certain works; the Tax on the<br />

Increase of Value of Urban Land<br />

(IIVTNU), a capital gains tax charged<br />

on the transfer of real property; or the<br />

road fund licence (Impost sobre<br />

Vehicles <strong>de</strong> Tracció Mecànica),<br />

charged on ownership of vehicles<br />

which may be relevant <strong>de</strong>pending on<br />

the business activity.<br />

TAX ALLOWANCES FOR RDI<br />

Research and Development<br />

2.3.2 MAIN TAX<br />

ALLOWANCES FOR<br />

FOREIGN <strong>INVESTMENT</strong><br />

<strong>Barcelona</strong> has one of the best tax<br />

allowance regimes for technological<br />

innovation, research and <strong>de</strong>velopment<br />

for companies worldwi<strong>de</strong>. This Spanish<br />

tax framework for RDI is acknowledged<br />

by the Union of Industrial and<br />

Employers’ Confe<strong>de</strong>rations of Europe<br />

(UNICE) as the best in the OECD<br />

(Organisation for Economic Cooperation<br />

and Development).<br />

Research, Development and Innovation<br />

(RDI) Allowances: these can range from<br />

10% to 70%.<br />

In addition, it is possible to obtain an<br />

administrative certificate for the amount<br />

of the allowance, which confers legal<br />

certainty on the applied allowance. This<br />

allowance can also be applied by:<br />

- Businesses carrying out R&D tasks for<br />

foreign companies which are not<br />

permanently established in Spain. In<br />

such a case, the Spanish business can<br />

inclu<strong>de</strong> as R&D expenditure any<br />

expenditure associated with R&D<br />

projects commissioned by foreign<br />

companies.<br />

- Subsidiaries of multinationals<br />

established in Spain which carry out<br />

R&D activities from Spain for group<br />

entities abroad may apply for tax<br />

allowances for RDI activities in relation<br />

to expenditure ma<strong>de</strong> abroad for up to<br />

25% of the total amount invested in the<br />

project, provi<strong>de</strong>d the main part is<br />

carried out in Spain.<br />

Spain also has one of the most<br />

favourable tax regimes for holding<br />

companies (ETVE) in the world.<br />

Expenditure relating to R&D projects 30-50%<br />

Personnel expenditure on qualified researchers an extra 20%<br />

<strong>de</strong>dicated solely to these activities.<br />

Expenditure relating to research and <strong>de</strong>velopment projects an extra 20%<br />

contracted with universities, public research agencies<br />

or technology and innovation centres<br />

Investments in tangible and intangible fixed assets 10%<br />

(excluding real property and land) inten<strong>de</strong>d solely<br />

for R&D activities<br />

Technological Innovation<br />

Expenditure relating to technological innovation projects 15%<br />

contracted with universities, public research agencies<br />

or technology and innovation centres<br />

Expenditure relating to industrial <strong>de</strong>sign and 10%<br />

production process engineering.<br />

Expenditure relating to the acquisition of advanced technology in 10%<br />

the form of patents, licences, know-how and <strong>de</strong>signs (with a limit of 1m €)<br />

Expenditure relating to obtaining a certificate 10%<br />

of compliance with ISO 9000, GMP or other<br />

similar quality regulations<br />

31


32<br />

Holding Companies (Entitat <strong>de</strong> tinença <strong>de</strong><br />

valors estrangers - ETVE): This regime is<br />

basically inten<strong>de</strong>d for those international<br />

groups which wish to have a centre from<br />

which to manage their holdings in<br />

several countries. The only requirements<br />

are the incorporation of a company in<br />

Spain and the provision of securities from<br />

the companies in which the ETVE has a<br />

holding (provi<strong>de</strong>d they represent a<br />

minimum holding of 5% or less but with<br />

a cost of more than €6m, and provi<strong>de</strong>d<br />

the companies in which it has a holding<br />

conduct business).<br />

Thanks to this privileged tax regime, an<br />

ETVE with the above characteristics does<br />

not have to pay tax on divi<strong>de</strong>nds received<br />

from non-resi<strong>de</strong>nt companies in which it<br />

has a holding and its members do not<br />

have to pay on the sums distributed by<br />

the ETVE.<br />

2.4<br />

WORK AND RESIDENCE<br />

PERMITS<br />

Non - EU members wishing to carry<br />

out any work or professional activity<br />

for profit must be over 16 years of<br />

age and have a visa and a work and<br />

resi<strong>de</strong>nce permit (authorisation).<br />

This permit will allow them to work<br />

and live in Spain.<br />

EU citizens do not require a visa or a<br />

resi<strong>de</strong>nce permit, since freedom of<br />

movement within the EU applies to<br />

people as well as to goods and<br />

capital.<br />

This scheme has better incentives than<br />

the Dutch one. In 2004, €6,605 million<br />

(89% of foreign financial investment in<br />

Spain) was channelled through this<br />

scheme. These companies can also<br />

carry out other activities.<br />

Other interesting incentives are those<br />

relating to Personal Income Tax (IRPF):<br />

Regime applicable to workers established<br />

in Spain:<br />

This regime allows foreign workers to<br />

move to Spain, reducing the cost to the<br />

business, by taxing their salaries (usually<br />

agreed as net amounts) at just 25%<br />

instead of the usual 45%.<br />

This regime applies during the year of<br />

transfer to Spain and the five following<br />

years.<br />

EU + EEA + SWITZERLAND<br />

These citizens may work and live in Spain without needing any permits.*<br />

OTHERS<br />

In or<strong>de</strong>r to work and live in Spain, they must obtain a specific permit and meet the<br />

requirements stipulated in the Immigration Law. The main requirements are:<br />

- Resi<strong>de</strong>nce and self-employment<br />

- Resi<strong>de</strong>nce and employment by a third party<br />

- Work permit for seasonal workers<br />

- Work permit for transnational workers.<br />

*Temporarily, until May 2006, workers from countries which have recently joined the EU (with the exception of<br />

Malta and Cyprus) must obtain a permit to work and live in Spain<br />

© Parc Científic <strong>de</strong> <strong>Barcelona</strong>, Raimon Solà.<br />

The combination of these regimes<br />

(allowances for RDI, ETVE and workers<br />

who have been transferred to Spain),<br />

together with a high quality of life, makes<br />

<strong>Barcelona</strong> a particularly appealing place<br />

to set up research and <strong>de</strong>velopment<br />

centres and business management<br />

centres. These tasks can be brought<br />

together into one company, which can<br />

result in significant tax advantages.<br />

EU 15:<br />

Belgium, Denmark,<br />

Germany, Greece, Spain,<br />

France, Ireland, Italy,<br />

Luxembourg, the<br />

Netherlands, Austria,<br />

Portugal, Finland,<br />

Swe<strong>de</strong>n and the United<br />

Kingdom<br />

Countries which have<br />

recently joined the EU:<br />

Czech Republic, Estonia,<br />

Cyprus, Latvia, Lithuania,<br />

Slovenia, Hungary, Malta,<br />

Poland, Slovakia.<br />

EU 25:<br />

EU 15 + countries which<br />

have recently joined the EU<br />

EEA (European Economic<br />

Area): EU 25 + Iceland,<br />

Norway, Liechtenstein and<br />

Switzerland.<br />

2. HOW TO START A BUSINESS IN <strong>BARCELONA</strong>


2.4.1 SELF-EMPLOYED<br />

WORK PERMITS<br />

A foreigner wishing to work selfemployed<br />

must submit two<br />

applications:<br />

1. one for a resi<strong>de</strong>nce permit<br />

(in Spain)<br />

2. one for a resi<strong>de</strong>nce visa<br />

(in his or her country of origin)<br />

The or<strong>de</strong>r to present them will vary<br />

<strong>de</strong>pending on various factors, as is<br />

shown in the following table:<br />

IS THE FOREIGNER ALREADY LEGALLY RESIDENT IN SPAIN?<br />

No resi<strong>de</strong>nce visa is required.<br />

YES NO<br />

An initial work permit application<br />

must be submitted directly to the<br />

Immigration Bureau (Oficina<br />

d'Estrangers) in Spain.<br />

If the foreigner is in Spain on a<br />

temporary basis he or she may<br />

submit the initial work permit<br />

application directly to the<br />

Immigration Bureau in Spain and<br />

then apply for a visa at the Spanish<br />

Consulate office in his or her own<br />

country. When the visa has been<br />

obtained, the foreigner may come<br />

into Spain as a resi<strong>de</strong>nt and must<br />

provi<strong>de</strong> the Immigration Bureau in<br />

Spain with a copy of the visa.<br />

Two applications are required:<br />

1) Application for a self-employed<br />

resi<strong>de</strong>nce visa (at the Spanish<br />

Consulate office in the country<br />

in which the interested party<br />

currently resi<strong>de</strong>s).<br />

2) Initial resi<strong>de</strong>nce permit<br />

application<br />

If the foreigner is in his or her own<br />

country of origin, he or she must<br />

submit the work resi<strong>de</strong>nce visa<br />

application at the Spanish<br />

Consulate office and, once the visa<br />

has been obtained, come into<br />

Spain and submit the initial work<br />

permit application at the<br />

Immigration Bureau in Spain.<br />

The foreigner must wait for the <strong>de</strong>cision regarding the granting of the work permit<br />

before he or she can COMMENCE HIS OR HER BUSINESS ACTIVITY<br />

Note: Temporarily, until May 2006, workers from countries which have recently joined the EU must obtain a permit to<br />

work and live in Spain<br />

33


34<br />

2.4.2 RESIDENCE AND EMPLOYED<br />

WORK PERMITS<br />

EMPLOYER<br />

The relevant forms and information can be found at the<br />

Immigration Bureau in Spain or on its website. Does the worker<br />

belong to one of the following groups?<br />

- Top executives, people in positions of trust, or highly qualified staff.<br />

- Service provi<strong>de</strong>rs (installation of production lines, training, etc.).<br />

NO<br />

He or she must go to a<br />

Catalonian Government<br />

employment office<br />

(OTG) to arrange the<br />

“employment offer”.<br />

He or she must submit the initial work permit application at the<br />

Immigration Bureau in Spain. Is the worker legally resi<strong>de</strong>nt in<br />

Spain?<br />

If the <strong>de</strong>cision is positive,<br />

THE WORKER IS HIRED.<br />

YES<br />

NO YES<br />

L'empresa envia el resguard <strong>de</strong> sol·licitud al treballador.<br />

The employer must send the proof of application to the worker,<br />

and both the employer and the worker must wait for the <strong>de</strong>cision<br />

regarding the work permit.<br />

If the foreigner is in<br />

Spain on a temporary<br />

basis: The employer<br />

must submit an initial<br />

work permit application<br />

directly at the<br />

Immigration Bureau in<br />

Spain and give the proof<br />

of application to the<br />

worker. The worker or<br />

his or her representative<br />

must follow the visa<br />

application procedure in<br />

the Spanish Embassy in<br />

his or her own country.<br />

Note: Temporarily, until May 2006, workers from countries which have recently joined the EU must obtain a permit to work and live in Spain.<br />

FOREIGN WORKER<br />

Is the foreigner already legally resi<strong>de</strong>nt in Spain?<br />

YES<br />

No resi<strong>de</strong>nce visa is<br />

required. The employer<br />

must submit the initial<br />

work permit application<br />

in Spain.<br />

RESIDENCE AND EMPLOYED<br />

WORK PERMIT<br />

NO<br />

The application for an<br />

employed resi<strong>de</strong>nce<br />

visa must be submitted<br />

at the Spanish<br />

Embassy of the<br />

foreigner's place of<br />

resi<strong>de</strong>nce.<br />

If the foreigner is in his<br />

or her own country: The<br />

employer must send<br />

the proof of application<br />

to the worker.<br />

The worker must<br />

submit his or her<br />

application in person<br />

at the Spanish<br />

Embassy in his or her<br />

own country.<br />

Once the worker has obtained the visa, he or she must come into<br />

Spain and give the appropriate copy to the Immigration Bureau.<br />

2. HOW TO START A BUSINESS IN <strong>BARCELONA</strong>


2.5<br />

EMPLOYMENT<br />

REGIME<br />

A very important part of <strong>Barcelona</strong>’s<br />

assets is its people: very efficient and<br />

highly qualified human resources who<br />

will ensure the smooth operation of<br />

the business.<br />

2.5.1 THE EMPLOYMENT CONTRACT<br />

THE EMPLOYMENT<br />

CONTRACT (I)<br />

The employment relationship with the<br />

staff is governed by the employment<br />

contract pursuant to the Workers’<br />

Statute (Estatut <strong>de</strong>ls Treballadors).<br />

WHO MAY ENTER<br />

INTO ONE?<br />

HOW IS IT<br />

FORMALISED?<br />

TRIAL<br />

PERIOD<br />

DURATION<br />

Below is a brief explanation of the<br />

characteristics of the employment<br />

contract, the different types of<br />

contract and the advantages of which<br />

employers may benefit <strong>de</strong>pending on<br />

the type of contract entered into or<br />

the group for which it is inten<strong>de</strong>d:<br />

Persons of full legal age.<br />

Emancipated minors.<br />

Minors of between 16 and 18 years of age with parental<br />

authorisation.<br />

Foreigners in accordance with the Immigration Law.<br />

An employment contract can be formalised orally except in<br />

those cases in which written formalisation is compulsory by<br />

law (training, apprenticeship, for a specific project or<br />

service, for a specified duration of more than four weeks,<br />

part time, permanent season contracts, hand-over<br />

contracts, contracts for workers hired in Spain to provi<strong>de</strong><br />

services to Spanish companies abroad).<br />

This is optional.<br />

If a trial period is agreed, it is governed by the applicable<br />

provisions of the Collective Bargaining Agreement.<br />

In the absence of a Collective Bargaining Agreement, such a<br />

contract may not exceed 6 months for qualified technicians<br />

or 2 for all other workers (3 months in the case of<br />

businesses with un<strong>de</strong>r 25 workers). This means that any<br />

party may voluntarily terminate the contract without notice<br />

and without alleging any grounds.<br />

The employment contract may be temporary or for an<br />

in<strong>de</strong>finite term.<br />

In principle, all contracts are full time and for an in<strong>de</strong>finite<br />

term, unless otherwise provi<strong>de</strong>d in the contract.<br />

A worker can only be hired on a temporary basis if one or<br />

more of the requirements envisaged in the applicable<br />

legislation are met.<br />

35


36<br />

THE EMPLOYMENT<br />

CONTRACT (II)<br />

EMPLOYER<br />

RIGHTS<br />

OBLIGATIONS<br />

THE WORKER<br />

RIGHTS<br />

OBLIGATIONS<br />

To manage/organise the worker’s work.<br />

To apply a policy of health and safety at work.<br />

Other rights agreed in the contract.<br />

The employer has a right to the performance of the<br />

obligations agreed for the worker.<br />

To act in favour of the observance of workers’ rights.<br />

To register the contract at an employment office.<br />

To provi<strong>de</strong> the workers' legal representatives with a basic<br />

copy of the contract.<br />

To register the worker with the applicable Social Security<br />

regime.<br />

Other obligations agreed in the contract.<br />

Effective occupation during the working day.<br />

On-the-job training and promotion.<br />

Non-discrimination for accessing the workplace.<br />

Physical integrity and privacy.<br />

To receive the agreed remuneration and to do so on time.<br />

Other rights agreed in the contract.<br />

To perform his or her obligations in accordance with<br />

principles of diligence and good faith.<br />

To observe health and safety measures.<br />

To follow the employer’s or<strong>de</strong>rs and instructions.<br />

To refrain from competing with the employer in the same<br />

activity.<br />

To contribute to improve productivity.<br />

Other obligations agreed in the contract<br />

© Centre <strong>de</strong> Realitat Virtual.<br />

2. HOW TO START A BUSINESS IN <strong>BARCELONA</strong>


2.5.2 TYPES OF<br />

CONTRACT<br />

From the point of view of the duration<br />

of the employment relationship, there<br />

MAIN INDEFINITE TERM CONTRACTS<br />

Type of Contract<br />

Ordinary full time contract for an<br />

in<strong>de</strong>finite term<br />

Ordinary part time contract for an<br />

in<strong>de</strong>finite term.<br />

Permanent employment contract for<br />

seasonal work.<br />

In<strong>de</strong>finite term contract for disabled<br />

workers<br />

MAIN TEMPORARY CONTRACTS<br />

Type of Contract<br />

Training contract.<br />

Apprenticeship contract.<br />

Contract for a specific project or service<br />

Temporary contract due to production<br />

circumstances.<br />

Substitution contract.<br />

are a whole series of permanent or<br />

temporary contract possibilities<br />

allowing businesses to meet all their<br />

personnel requirements. 25% of<br />

Requirements and Characteristics<br />

Catalan employees work un<strong>de</strong>r<br />

temporary contracts. This gives<br />

employers greater flexibility.<br />

In<strong>de</strong>finite term employment contracts are mainly characterised by their unlimited duration.<br />

The legal presumption that a contract is for an in<strong>de</strong>finite term applies when:<br />

- The company does not register the worker with the applicable Social Security regime.<br />

- It is formalised in breach of the law in or<strong>de</strong>r to avoid hiring the worker for an in<strong>de</strong>finite term.<br />

A contract is presumed to be for an in<strong>de</strong>finite term unless otherwise stipulated in the contract<br />

itself.<br />

A part time contract is a contract agreed for a certain number of hours per day, week, month<br />

or year which are less than the working hours of a comparable full time worker.<br />

A “comparable full time worker” is a full time worker in the same business or work place,<br />

with the same type of employment contract, and carrying out an i<strong>de</strong>ntical or similar job.<br />

It is an in<strong>de</strong>finite term contract entered into for the carrying out of seasonal work on a<br />

permanent basis, which does not repeat on specific dates within the employer’s normal<br />

volume of business. Permanent seasonal workers who repeat on specific dates are governed<br />

by the legislation regulating part time contracts for an in<strong>de</strong>finite term.<br />

It is an employment contract entered into with a disabled worker with specific characteristics<br />

(such as a minimum <strong>de</strong>gree of disability of 33%).<br />

There is a €3,906.58 subsidy for each disabled worker with a full time employment contract.<br />

If the contract is for part time work, the subsidy will be reduced pro rata to the agreed<br />

working hours. There are also reductions in the employer’s Social Security payment for<br />

common contingencies.<br />

Requirements and Characteristics<br />

The aim of this contract is to acquire the theoretical and practical training necessary for the<br />

proper performance of a tra<strong>de</strong> or qualified job. Generally, such contracts may be given to<br />

workers of between 16 and 21 years of age who meet certain requirements. The contract<br />

must be sent in writing and last no more than between six months and two years (with a<br />

maximum of two six-month extensions).<br />

It is a training contract entered into with a worker who has a university <strong>de</strong>gree or a medium<br />

or high level vocational training diploma, or a diploma officially recognised as being<br />

equivalent. This job should give the worker the skills required for professional practice and<br />

enable him or her to obtain professional practice appropriate to the studies taken. The<br />

contract must be executed in writing and last no more than between six months and two<br />

years (with a maximum of two six-month extensions).<br />

It is a contract to carry out works or services with their own autonomy and substance within<br />

the company’s business. In principle, although it will be limited in time, the duration of the<br />

performance is uncertain. It must be executed in writing, clearly specifying the work or<br />

service to be carried out. It can be for full or part time work. A maximum duration may be<br />

stipulated by Collective Bargaining Agreements.<br />

It is a contract entered into to meet market <strong>de</strong>mands, clear a backlog of work, or meet an<br />

excessive number of or<strong>de</strong>rs, even if it relates to the company’s usual business. It only has to<br />

be executed in writing if its duration exceeds four weeks or if it is part time. In any case, it<br />

can be full or part time. The maximum duration of such contracts is six months in any 12month<br />

period, to be reckoned from the moment on which the backlog or excessive number<br />

of or<strong>de</strong>rs begins. It is possible to stipulate otherwise by means of a collective bargaining<br />

agreement.<br />

It is a contract whose aim or cause is the replacement of a worker who is entitled to return to<br />

that position, the filling of a post pending the arrival of a <strong>de</strong>finitive worker during a<br />

recruitment or promotion process, or during maternity or parental leave, due to the existence<br />

of risk during pregnancy or temporary incapacity. This also inclu<strong>de</strong>s the transition to a<br />

situation of professional disability.<br />

37


38<br />

2.5.3 CONTRACTS WITH<br />

SOCIAL SECURITY<br />

ADVANTAGES<br />

As an incentive to hire people<br />

belonging to certain groups who, due<br />

to their characteristics, find it difficult<br />

to find a job, the Spanish legislation<br />

provi<strong>de</strong>s a series of advantages.<br />

The main recruitment advantages or<br />

incentives are a reduction in the<br />

social security contributions which<br />

must be paid by employers. These<br />

advantages basically consist of a<br />

reduction in the common contingency<br />

payments payable by the employer by<br />

a specific percentage (between 25%<br />

and 100%) for a specified time period<br />

(not exceeding two years).<br />

THE SPANISH SOCIAL<br />

SECURITY SYSTEM<br />

RECOGNISES A SERIES<br />

OF BENEFITS WHICH<br />

MAY BE EITHER:<br />

2.5.4 SOCIAL SECURITY<br />

Through the Social Security system,<br />

the State guarantees the a<strong>de</strong>quate<br />

protection of the people inclu<strong>de</strong>d in<br />

its scope of application, as well as the<br />

relatives or assimilated workers in<br />

charge of these people, on<br />

occurrence of the contingencies and<br />

situations <strong>de</strong>fined by the law.<br />

In the case of contribution-based<br />

benefits (people carrying out a<br />

professional activity), the employers<br />

and/or workers themselves are un<strong>de</strong>r<br />

an obligation to make Social Security<br />

contributions in or<strong>de</strong>r to enjoy the<br />

protection provi<strong>de</strong>d by the Social<br />

Security system.<br />

CONTRIBUTION-BASED<br />

The main benefits are: health care,<br />

temporary and permanent incapacity,<br />

maternity, retirement, bereavement<br />

benefits (for surviving children and<br />

spouses) and family benefits (for<br />

children un<strong>de</strong>r their charge, for<br />

multiple births).<br />

In the case of non-contribution-based<br />

or assistance benefits, the Social<br />

Security system guarantees minimum<br />

benefits for those people who do not<br />

carry out a professional activity or who<br />

lack the necessary means, without<br />

needing to have ma<strong>de</strong> contributions<br />

first.<br />

Employed or self-employed workers who have ma<strong>de</strong> Social Security contributions<br />

for the time required by law<br />

NON-CONTRIBUTION-BASED<br />

People who have NOT ma<strong>de</strong> Social Security contributions for the time required by<br />

the law. This type inclu<strong>de</strong>s disability and retirement pensions.<br />

* The Social Security’s scope of coverage or protection makes a distinction between common contingencies (such as maternity)<br />

and professional risks or contingencies (such as professional illness or acci<strong>de</strong>nts at work). Common contingencies represent<br />

a higher financial cost for employers.<br />

2. HOW TO START A BUSINESS IN <strong>BARCELONA</strong>


Social Security Contributions:<br />

The contribution base is composed of<br />

the total remuneration received by the<br />

worker with a few qualifications (there<br />

are maximum and minimum<br />

amounts). The amount of the<br />

contributions is calculated by<br />

applying a contribution rate to the<br />

base established by the government.<br />

Self-employed Workers (Special<br />

Regime for Self-employed Workers,<br />

RETA):<br />

Self-employed workers are governed<br />

by a special Social Security regime<br />

EMPLOYED WORKERS<br />

with its own rules distinct from the<br />

regime governing employed workers<br />

(RETA).<br />

The maximum contribution base for<br />

self-employed workers in 2006 was<br />

€2,897.70 per month, and the<br />

minimum base was €785.70 per<br />

month. For workers aged 50 or over,<br />

the minimum base was €809.40 per<br />

month and the maximum was<br />

€1,509.90 per month (although the<br />

legislation inclu<strong>de</strong>s some special<br />

cases). However, in the case of<br />

workers of 30 years or un<strong>de</strong>r and, in<br />

some cases, women of 45 or more,<br />

Employer Worker Total<br />

the contribution base is between the<br />

following amounts: 610.80 €/month<br />

and 2,897.70 €/month. The<br />

contribution rate is 29.80%. If the<br />

worker has not claimed temporary<br />

incapacity benefit, the contribution<br />

rate will be 26.50%.<br />

Employed Workers (General Regime):<br />

In Spain, Social Security contributions<br />

are paid by both employers (30.60%)<br />

and employees (6.35%). These Social<br />

Security payments are divi<strong>de</strong>d into<br />

contributions for different items, such<br />

as workers’ health care coverage and<br />

coverage for temporary incapacity for<br />

work arising from common illness,<br />

non-work acci<strong>de</strong>nts, etc.<br />

Common contingency contribution rate (%) 30,60 6,35 36,95<br />

2006 Contribution Bases<br />

maximum minimum<br />

2006 monthly contribution bases. €2.897,70 € * 881,25<br />

*(this will in any event <strong>de</strong>pend on the worker's professional category).<br />

2.6<br />

INCENTIVES, SUBSIDIES<br />

AND FINANCING<br />

The investment incentives available in<br />

<strong>Barcelona</strong> will encourage you to take<br />

advantage of the many benefits<br />

<strong>Barcelona</strong> can offer your company. In<br />

or<strong>de</strong>r to provi<strong>de</strong> the best possible<br />

service to companies wishing to do<br />

business in Catalonia, comprehensive<br />

studies of the technical<br />

characteristics of each investment<br />

project are conducted and companies<br />

are informed of all the available<br />

incentives offered by the European<br />

Union and by the local, Catalan and<br />

Spanish administrations.<br />

2.6.1 INCENTIVES AND<br />

SUBSIDIES<br />

The CIDEM website contains a search<br />

facility for incentives and subsidies<br />

(FISUB). This inclu<strong>de</strong>s all programmes,<br />

subsidies and financing offered by the<br />

Catalonian and Spanish Governments and<br />

the European Union. It has over 200<br />

records which are updated on a daily<br />

basis. These incentives are inten<strong>de</strong>d for<br />

companies established in Catalonia,<br />

regardless of the nature of their business,<br />

and for our entrepreneurs. The database<br />

shows not only those incentives which are<br />

applicable at the time of the query, but also<br />

any which are offered on a regular basis<br />

during the current year.<br />

2.6.2 FINANCIAL<br />

INSTRUMENTS<br />

Financial support may be obtained by<br />

means of various different<br />

instruments, which may take the form<br />

of incentives and subsidies, and<br />

financing from own or external<br />

resources, among others. These may<br />

be provi<strong>de</strong>d by the Catalonian or<br />

Spanish Governments, the European<br />

Union or privately. These incentives<br />

are inten<strong>de</strong>d for companies wishing to<br />

set up in Catalonia, regardless of the<br />

nature of their business.<br />

39


40<br />

<strong>Barcelona</strong>’s current financial<br />

environment inclu<strong>de</strong>s a great variety<br />

of financial instruments aimed at<br />

each specific need. The aim of this<br />

programme is to promote the start-up,<br />

growth and sustainability of innovative<br />

companies and to help them access<br />

the most appropriate financing for<br />

their needs by generating and<br />

disseminating good market practices.<br />

<strong>Barcelona</strong> has a number of products<br />

and services which provi<strong>de</strong> financial<br />

support with its own equity:<br />

A) Capital Funds:<br />

- Catalana d'iniciatives: a venture<br />

capital company which supports<br />

business growth projects, MBOs<br />

and MBIs.<br />

www.ci<strong>de</strong>m.com/ci<strong>de</strong>m/cat/serveis/<br />

financament/propis/fonscapi/iniciatives/<br />

in<strong>de</strong>x.jsp<br />

- Invercat: a venture capital fund for<br />

the internationalisation of Catalonian<br />

enterprise.<br />

www.invercatexterior.com/invercat.htm<br />

- Innocat: a venture capital fund for<br />

innovative Catalonian SMEs.<br />

www.ci<strong>de</strong>m.com/ci<strong>de</strong>m/cat/serveis/<br />

financament/propis/fonscapi/innocat/<br />

in<strong>de</strong>x.jsp<br />

- Invernova: a venture capital fund for<br />

investing in innovative technologybased<br />

businesses at the initial<br />

<strong>de</strong>velopment stages.<br />

www.Invernova.org<br />

- BCNEmprèn: a venture capital<br />

company which aims to encourage<br />

the creation of innovative and<br />

technology businesses through the<br />

use of investment financial<br />

instruments and by giving strategic<br />

support to these new initiatives.<br />

www.bcnempren.com<br />

- Invertec: a company which aims to<br />

invest in technology-based<br />

companies during the very first<br />

stages<br />

phases).<br />

of <strong>de</strong>velopment (initial<br />

www.ci<strong>de</strong>m.com/ci<strong>de</strong>m/cat/suport/<br />

emprenedor/inversio/in<strong>de</strong>x.jsp<br />

- Finaves: a venture capital company<br />

which aims to support the launch<br />

and start-up of innovative projects<br />

with growth potential, mainly<br />

promoted by former IESE masters<br />

stu<strong>de</strong>nts.<br />

www.ci<strong>de</strong>m.com/ci<strong>de</strong>m/cat/suport/<br />

financament/propis/fons<strong>de</strong>capital/finaves/<br />

in<strong>de</strong>x.js<br />

- Innova31: a venture capital<br />

company which invests in<br />

technology companies at the initial<br />

<strong>de</strong>velopment stages.<br />

www.innova31.com<br />

- Corsabe: a venture capital company<br />

which invests in emerging sector<br />

companies at the <strong>de</strong>velopment<br />

stage.<br />

www.corsabe.es<br />

- WebCapital: a venture capital<br />

company which invests in<br />

companies from the technology<br />

sector at their initial stages,<br />

including both initial and start-up<br />

stages.<br />

www.rivaygarcia.es/cas/capital<strong>de</strong>s/<br />

webcapital.htm<br />

- Venturcap: a generalist venture<br />

capital company.<br />

+ Information: (+34) 93 467 80 80<br />

- Aurica XXI: a generalist venture<br />

capital company.<br />

www.bancosaba<strong>de</strong>ll.com/en/NUESTROS_NE<br />

GOCIOS/NEGOCIOS_SECTORIALES/CAPITAL_<br />

DESARROLLO/<br />

- Reus Capital <strong>de</strong> Negocis: a venture<br />

capital company which buys shares<br />

in companies from the food and<br />

agriculture, tourism, environmental,<br />

IT and biotechnology sectors at the<br />

initial stages.<br />

www.reuscn.com<br />

- Landon Investment: a venture capital<br />

company which invests in<br />

companies of any sector.<br />

+ Information: (+34) 93 240 52 00<br />

2. HOW TO START A BUSINESS IN <strong>BARCELONA</strong>


- BanSaba<strong>de</strong>ll Inversió Desenvolupament:<br />

a company specialising in<br />

temporary investment in companies<br />

with expansion projects.<br />

www.bancosaba<strong>de</strong>ll.com<br />

- Litexco: a company which invests in<br />

<strong>de</strong>velopment businesses of any<br />

sector at the initial stages.<br />

www.litexco.com<br />

- Gestora Finances per a Emprenedors<br />

(La Caixa): an initiative from La<br />

Caixa bank to promote and invest,<br />

through a participating loan of<br />

between €100,000 and €200,000,<br />

in new or recently created enterprise<br />

projects.<br />

http://portal1.lacaixa.es/Channel/Ch_Redire<br />

ct_Tx?<strong>de</strong>st=1-13-10-00000002<br />

B) Inversors Privats:<br />

CIDEM has a network of private<br />

investors to encourage the creation<br />

and <strong>de</strong>velopment of innovative<br />

businesses with a high growth<br />

potential in Catalonia which are willing<br />

to fund new businesses or businesses<br />

at the initial stages, and to advise and<br />

work with them.<br />

C) Public Financing Entities:<br />

- Capital Concepte: by supporting the<br />

technology springboards of<br />

Catalonian universities, Invertec can<br />

provi<strong>de</strong> up to €100,000 in the form<br />

of participating loans with prime<br />

interest rates and repayment terms.<br />

www.ci<strong>de</strong>m.com/ci<strong>de</strong>m/cat/suport/emprene<br />

dor/inversio/in<strong>de</strong>x.jsp<br />

- Institut Català <strong>de</strong> Finances (Catalan<br />

Institute of Finance, ICF): a public<br />

entity whose mission is to provi<strong>de</strong><br />

financing to the private sector by<br />

means of participating loans and<br />

credits (external resources).<br />

www.icfinances.com/home/c_home.as<br />

- Avalis <strong>de</strong> Catalunya: a reciprocal<br />

guarantee company whose aim is to<br />

give financial and technical<br />

guarantees to small and mediumsized<br />

companies, self-employed and<br />

professionals.<br />

www.avalis-sgr.com<br />

- Instituto <strong>de</strong> Crédito Oficial (Official<br />

Credit Institute, ICO): a public entity<br />

whose mission is to provi<strong>de</strong><br />

financing for the private sector by<br />

means of loans with prime terms<br />

and conditions.<br />

www.ico.es<br />

- Empresa Nacional <strong>de</strong> Inovación<br />

(ENISA): a company which funds<br />

business expansion projects by<br />

means of participating loans.<br />

www.enisa.es<br />

- Centro para el Desarrollo Tecnológico<br />

Industrial (Centre for<br />

INCENTIVES FOR <strong>INVESTMENT</strong><br />

Incentives for investment in mining areas.<br />

Incentives for investment in reindustrialisation actions.<br />

Support Programme for Job Creation through the Incorporation of New Activities (“Creació<br />

d’ocupació mitjançant la incorporació <strong>de</strong> Noves Activitats”)”.<br />

RDI (Research, Development and Technological Innovation) INCENTIVES:<br />

1. Ministry of Employment and Industry (Departament <strong>de</strong> Treball i Indústria). Catalonian<br />

Government (Generalitat <strong>de</strong> Catalunya).<br />

There are different programmes according to the type of R&D project: R&D in strategic sectors:<br />

pharmaceutical (including fine chemistry), aerospace, food and agriculture and machinery for<br />

renewable energies.<br />

R&D in sectors affected by international competition (priority is given to the car and motorbike,<br />

textile and clothing, and consumer electronics industries).<br />

Technology R&D platforms.<br />

Outsourcing of RDI projects to local R&D centres.<br />

2. PROFIT: R&D projects (Department of Industry, Tourism and Commerce; Department of<br />

Education and Science).<br />

3. CDTI: financing for R&D projects.<br />

4. CIDEM incentives for the certification of projects as RDI activities (with regard to corporate<br />

income tax allowances for RDI projects).<br />

5. Tax allowances for RDI activities.<br />

These allowances are applied to corporate income tax (IS).<br />

6. Torres Quevedo: recruitment of doctors and technologists - Department of Education and<br />

Science.<br />

INCENTIVES FOR EDUCATION:<br />

Ministry of Employment and Industry: subsidies to companies for professional training activities<br />

with an obligation to hire. These are aimed at unemployed workers.<br />

Ministry of Employment and Industry: a programme to support the training of unemployed people.<br />

OTHER INCENTIVES<br />

A programme to support the setting up of company head offices in Catalonia related to <strong>de</strong>cision<br />

centres or centres of excellence at the supraregional level.<br />

Incentives to hire people belonging to certain groups.<br />

Foundation for continuing education.<br />

Industrial Technology Development,<br />

CDTI): a body which, among other<br />

things, offers loans to innovative<br />

businesses at the initial stage.<br />

www.cdti.es<br />

There is a broad range of possibilities<br />

for finding financing for your project.<br />

The exact tools required to carry out<br />

your activity, together with complete<br />

and up-to-date expert information on<br />

each of these financial products, are<br />

put at your disposal to enable you to<br />

choose the right source of financing at<br />

any given time.<br />

41


3. USEFFUL ADDRESSES


Public Administration (general)<br />

- <strong>Barcelona</strong> City Council 07<br />

- <strong>Barcelona</strong> City Council – Economic<br />

Promotion Sector 06<br />

- Catalonian Investment Agency 22<br />

- Centre for Innovation and Business<br />

Development (CIDEM) 23<br />

Airports / Ports / Logistics<br />

- <strong>Barcelona</strong> Airport 05<br />

- <strong>Barcelona</strong> Port Authority 12<br />

- <strong>Barcelona</strong> Logistics Centre 10<br />

- Integrated Centre for Logistics<br />

Activities and Goods (CIMALSA) 34<br />

- Zona Franca Consortium 60<br />

- Zona Franca Logistics Park 61<br />

- Logistics Activity Area 35<br />

- Pacte Industrial <strong>de</strong> la Regió<br />

Metropolitana <strong>de</strong> <strong>Barcelona</strong> 48<br />

- Sistema d’informació Metropolità<br />

d’Activitat Econòmica (SIMAE) 51<br />

Tra<strong>de</strong> Associations and Official<br />

Professional Associations<br />

- <strong>Barcelona</strong> Medical Centre 11<br />

- <strong>Barcelona</strong> Design Centre 08<br />

- <strong>Barcelona</strong> Digital Foundation 09<br />

- Foundation for the Development of<br />

the Mediterranean Diet 30<br />

- Environmental Forum Foundation 27<br />

- <strong>Barcelona</strong> Aeronautics and Space<br />

Association 04<br />

- Official Association of Economists<br />

of Catalonia 43<br />

- Official Association of Industrial<br />

Engineers 44<br />

- Official Association of Notaries<br />

Public of Catalonia 45<br />

Tax<br />

3.1<br />

BY<br />

TOPIC<br />

- Tax Agency 55<br />

- Ministry of Economy and Finance 38<br />

- Cadastral Management and Tax<br />

Cooperation 19<br />

- Municipal Institute of the Treasury 41<br />

<strong>Barcelona</strong> Economic and Social<br />

Agents and Institutions<br />

- <strong>Barcelona</strong> Stock Exchange 15<br />

- Cercle d’Economia 24<br />

- General Direction of Tra<strong>de</strong> and<br />

Investment 30<br />

- Property Management and Tax<br />

Cooperation 55<br />

- Territorial Direction of Tra<strong>de</strong> of<br />

Catalonia 56<br />

- <strong>Barcelona</strong> Promoció Foundation 13<br />

- Airport Management and<br />

Promotion 02<br />

- Mercabarna 36<br />

- Patronat Català Pro-Europa 49<br />

- Strategic Metropolitan Plan of<br />

<strong>Barcelona</strong> 54<br />

- Casa Àsia 20<br />

Institutions and Services<br />

Supporting Enterprise<br />

- <strong>Barcelona</strong> Activa 03<br />

- Official Chamber of Commerce,<br />

Industry and Navigation of<br />

<strong>Barcelona</strong> 46<br />

- Consortium for the Commercial<br />

Promotion of Catalonia (COPCA) 26<br />

- Foment <strong>de</strong> Treball 28<br />

- Pimec 50<br />

- Official Register – Unified<br />

Management Offices 47<br />

- Mercantil Register 37<br />

Labour<br />

- Workers’ Tra<strong>de</strong> Union of Catalonia<br />

(CCOO) 59<br />

- Labour Inspectorate 34<br />

- Immigration Bureau 32<br />

- Ministry of the Environment and<br />

Housing 39<br />

- Social Security Treasury 52<br />

- General Workers’ Union (UGT) 31<br />

Tourism<br />

- <strong>Barcelona</strong> Tra<strong>de</strong> Fair 17<br />

- <strong>Barcelona</strong> Tourism Board 16<br />

- Catalonia Tourism Board 21<br />

University / Scientific<br />

- <strong>Barcelona</strong> University Centre<br />

(BCU) 18<br />

- Spanish National Research Council<br />

(CSIC) 53<br />

- Ministry of Universities, Research<br />

and the Information Society<br />

(DURSI) 40<br />

- CIDOB Foundation 25<br />

- Network of Science and Technology<br />

Parks of Catalonia (XPCAT) 42<br />

City Planning – Real Estate<br />

- <strong>Barcelona</strong> Regional 14<br />

- The Property Registry 58<br />

- 22@bcn Society 01<br />

Chambers of commerce and<br />

foreign offices for commercial<br />

affairs<br />

- Chambers of Commerce 62<br />

- Offices for Commercial Affairs 63<br />

The numbering corresponds to the position in<br />

the alphabetical classification on page 44 and<br />

following pages<br />

43


44<br />

3.2<br />

3.2.1 INSTITUTIONAL<br />

ECONOMIC AGENTS<br />

OF THE <strong>BARCELONA</strong><br />

AREA<br />

- 22@bcn Society (Societat 22@bcn): a<br />

body with legal personality which<br />

brings together the appropriate<br />

instruments and competences to<br />

manage the transformation process of<br />

the activity district 22@ with the<br />

<strong>de</strong>velopment and execution of all<br />

kinds of city planning actions in<br />

<strong>Barcelona</strong> city’s industrial and<br />

production areas classified as forming<br />

part of 22@, and therefore linked<br />

together in terms of planning,<br />

management, projection and<br />

execution. 01<br />

www.bcn.es/22@bcn<br />

- Airport Management and Promotion<br />

(Gestió i Promoció Aeroportuària -<br />

GPA): its aim is to promote airportrelated<br />

activities and take part in the<br />

management and promotion of<br />

infrastructures, to offer services for<br />

aviation and air transport and to<br />

contribute to the <strong>de</strong>velopment of the<br />

industry related to this sector. 02<br />

www.gpa-aero.com<br />

IN ALPHABETICAL<br />

ORDER<br />

- <strong>Barcelona</strong> Activa: this is <strong>Barcelona</strong> City<br />

Council’s local <strong>de</strong>velopment agency,<br />

specialising in supporting the creation<br />

of businesses and promoting the<br />

entrepreneurial spirit, job creation and<br />

business cooperation. 03<br />

www.barcelonactiva.es<br />

- <strong>Barcelona</strong> Aeronautics and Space<br />

Association (<strong>Barcelona</strong> Aeronàutica i<br />

<strong>de</strong> l’Espai - BAIE): an association<br />

which promotes space and<br />

aeronautics activities in the <strong>Barcelona</strong><br />

area and Catalonia. 04<br />

www.bcnaerospace.org<br />

- <strong>Barcelona</strong> Airport (Aeroport <strong>de</strong><br />

<strong>Barcelona</strong>): this is the second largest<br />

airport in Spain in terms of number of<br />

passengers, and the air hub which best<br />

connects the Mediterranean area. 05<br />

www.aena.es/barcelona<br />

- <strong>Barcelona</strong> City Council – Economic<br />

Promotion Sector (<strong>Ajuntament</strong> <strong>de</strong><br />

<strong>Barcelona</strong> - Promoció Econòmica) 06<br />

www.bcn.es/barcelonanegocis<br />

- <strong>Barcelona</strong> City Council (<strong>Ajuntament</strong> <strong>de</strong><br />

<strong>Barcelona</strong>) 07<br />

www.bcn.es<br />

- <strong>Barcelona</strong> Design Centre (<strong>Barcelona</strong><br />

Centre <strong>de</strong> Disseny - BCD): a foundation<br />

which promotes <strong>de</strong>sign in the business<br />

context as a key factor for innovation<br />

and competitiveness. 08<br />

www.bcn.es<br />

- <strong>Barcelona</strong> Digital Foundation (Fundació<br />

<strong>Barcelona</strong> Digital): a foundation which<br />

promotes and encourages <strong>Barcelona</strong><br />

and Catalonia as a strategic centre for<br />

creating and starting up innovative<br />

projects, businesses and companies in<br />

the new technologies and advanced<br />

services. 09<br />

www.bcndigital.org<br />

- <strong>Barcelona</strong> Logistics Centre (<strong>Barcelona</strong><br />

Centre Logístic - BCL): an organisation<br />

which tries to boost the <strong>Barcelona</strong><br />

area logistics community, coordinate it<br />

and provi<strong>de</strong> it with services and<br />

infrastructure to consolidate its<br />

position in the Euromediterranean<br />

area. 10<br />

www.bcncl.es<br />

- <strong>Barcelona</strong> Medical Centre (<strong>Barcelona</strong><br />

Centre Mèdic - BCM): an association<br />

which provi<strong>de</strong>s infor-mation regarding<br />

the city’s health services and facilitates<br />

access to <strong>Barcelona</strong>’s traditionally<br />

internationally renowned hospitals,<br />

clinics and health care units,<br />

coordinating the available services. 11<br />

www.bcm.es<br />

- <strong>Barcelona</strong> Port Authority (Autoritat<br />

Portuària <strong>de</strong> <strong>Barcelona</strong>): this sets the<br />

gui<strong>de</strong>lines for <strong>Barcelona</strong> Logistics<br />

Activity Area (ZAL) and its future<br />

expansion. 12<br />

www.apb.es<br />

- <strong>Barcelona</strong> Promoció Foundation<br />

(Fundació <strong>Barcelona</strong> Promoció): a<br />

private foundation for culture,<br />

promoted by <strong>Barcelona</strong> Chamber of<br />

Commerce, with the goal of promoting<br />

the city of <strong>Barcelona</strong>. 13<br />

www.barcelonapromocio.org<br />

- <strong>Barcelona</strong> Regional: an agency which<br />

analyses and makes technical<br />

proposals for reflection in the city<br />

planning <strong>de</strong>velopment and in-<br />

3. USEFFUL ADDRESSES


frastructure fields in <strong>Barcelona</strong><br />

metropolitan area. 14<br />

www.bcnregional.com<br />

- <strong>Barcelona</strong> Stock Exchange (Borsa <strong>de</strong><br />

<strong>Barcelona</strong>) 15<br />

www.borsabcn.es<br />

- <strong>Barcelona</strong> Tourism Board (Turisme <strong>de</strong><br />

<strong>Barcelona</strong>): consortium for the<br />

promotion of tourism, divi<strong>de</strong>d and<br />

customised, of the world’s most<br />

appealing markets. It inclu<strong>de</strong>s a unit<br />

specialising in promoting conferences<br />

and conventions: <strong>Barcelona</strong><br />

Convention Bureau. 16<br />

www.barcelonaturisme.com<br />

- <strong>Barcelona</strong> Tra<strong>de</strong> Fair (Fira <strong>de</strong><br />

<strong>Barcelona</strong>): it organises industrial and<br />

professional events. It is one of the<br />

sector’s top four institutions in Europe<br />

in terms of number of events. 17<br />

www.firabcn.es<br />

- <strong>Barcelona</strong> University Centre<br />

(<strong>Barcelona</strong> Centre Universitary - BCU):<br />

an organisation which promotes the<br />

city as a university <strong>de</strong>stination and<br />

provi<strong>de</strong>s information and services to<br />

foreign stu<strong>de</strong>nts. 18<br />

www.bcu.cesca.es<br />

- Cadastral Management and Tax<br />

Cooperation (Gestió Cadastral i<br />

Cooperació Tributària) 19<br />

www.catastro.meh.es<br />

- Casa Àsia: this is the Spanish doorway<br />

to Asia and the Pacific region, and is<br />

based in <strong>Barcelona</strong>. This public<br />

institution aims to contribute to a better<br />

mutual acquaintance and to facilitate<br />

the exchange of culture, i<strong>de</strong>as and<br />

projects of mutual interest. 20<br />

www.casaasia.org<br />

- Catalonia Tourism Board (Turisme <strong>de</strong><br />

Catalunya): a body which promotes<br />

tourism activities in Catalonia. 21<br />

www.catalunyaturisme.com<br />

- Catalonian Investment Agency (Agència<br />

Catalana d’Inversions) -CIDEM: an<br />

organisation belonging to the Catalan<br />

Government’s Ministry of Employment<br />

and Industry whose main aim is to<br />

boost production business investment<br />

in Catalonia. 22<br />

www.catalonia.com<br />

- Centre for Innovation and Business<br />

Development (Centre d’Innovació i<br />

Desenvolupament Empresarial -<br />

CIDEM): an organisation belonging to<br />

the Catalan Government’s Ministry of<br />

Employment and Industry, a service<br />

which supports Catalonia’s business<br />

network. 23<br />

www.ci<strong>de</strong>m.com<br />

- Cercle d’Economia: an institution<br />

foun<strong>de</strong>d in <strong>Barcelona</strong> to bring Spanish<br />

social and economic life up to date. 24<br />

www.circuloeconomia.com<br />

- CIDOB Foundation (Fundació CIDOB): a<br />

centre for research, teaching,<br />

documentation and dissemination of<br />

international relations and<br />

<strong>de</strong>velopment, based in <strong>Barcelona</strong>. 25<br />

www.cidob.org<br />

- Consortium for the Commercial<br />

Promotion of Catalonia (Consorci <strong>de</strong><br />

Promoció Comercial <strong>de</strong> Catalunya -<br />

COPCA): a body aiming to support the<br />

internationalisation of Catalonian<br />

businesses. 26<br />

www.copca.com<br />

- Environmental Forum Foundation<br />

(Fundació Fòrum Ambiental): this<br />

brings together the companies in the<br />

Catalonian environmental sector. 27<br />

www.forumambiental.org<br />

- Foment <strong>de</strong> Treball: the Catalonia<br />

business confe<strong>de</strong>ration, which<br />

supports business activities and takes<br />

active part in Catalonia’s economic<br />

and business sphere. 28<br />

www.foment.com<br />

- Foundation for the Development of the<br />

Mediterranean Diet (Fundació per al<br />

Desenvolupament <strong>de</strong> la Dieta<br />

Mediterrànea): an organisation<br />

working to ensure a better knowledge<br />

and appreciation of Mediterranean<br />

products and lifestyle in every corner<br />

of the planet. 29<br />

www.dietamediterranea.com<br />

- General Direction of Tra<strong>de</strong> and<br />

Investment (Direcció General <strong>de</strong><br />

Comerç i Inversions): the body in<br />

charge of the registration process for<br />

foreign investment in Catalonia. 30<br />

www.mcx.es/polco/<strong>de</strong>fault.htm<br />

- General Workers’ Union (Unió General<br />

<strong>de</strong> Treballadors - UGT): a nationwi<strong>de</strong><br />

tra<strong>de</strong> union which is a founding<br />

member of the International<br />

Confe<strong>de</strong>ration of Free Tra<strong>de</strong> Unions<br />

and the European Confe<strong>de</strong>ration of<br />

Tra<strong>de</strong> Unions. It is <strong>de</strong>fined as a<br />

working class tra<strong>de</strong> union, with a<br />

socialist orientation, for the<br />

transformation of society. 31<br />

www.ugt.es<br />

- Immigration Bureau (Officina<br />

d’estrangers): this bureau is the main<br />

point of reference for information about<br />

45


46<br />

the phenomenon of migration.<br />

Comprehensive up-to-date information<br />

can be obtained here. In addition, work<br />

applications and resi<strong>de</strong>nce permits are<br />

processed here. 32<br />

www.infoext@oue.barcelona.map.es<br />

www.mir.es<br />

- Integrated Centre for Logistics<br />

Activities and Goods (Centre Integral <strong>de</strong><br />

Merca<strong>de</strong>ries i Activitats Logístiques -<br />

CIMALSA): a public company<br />

belonging to the Catalonian<br />

Government which plans, manages<br />

and administers infrastructure and<br />

equipment relating to transport and<br />

communications. 33<br />

www.cimalsa.es<br />

- Labour Inspectorate (Inspecció <strong>de</strong><br />

Treball) 34<br />

www.gencat.net/treballiindustria<br />

- Logistics Activity Area (Zona<br />

d’Activitats Logístiques - ZAL): a body<br />

which manages services and facilities<br />

for multimodal logistics activities in<br />

<strong>Barcelona</strong>. 35<br />

www.zal.es.<br />

- Mercabarna: the largest food and<br />

agriculture centre in southern Europe,<br />

supplying over 10 million people. 36<br />

www.mercabarna.es<br />

- Mercatile Register (Registre<br />

Mercantil): the body in charge of<br />

registering public documents and<br />

conferring on new businesses full legal<br />

capacity to act. 37<br />

www.rmc.es<br />

- Ministry of Economy and Finance<br />

(Departament d'Economia i Finances):<br />

the body in charge of collecting the<br />

various taxes. 38<br />

www.e-tributs.net<br />

- Ministry of the Environment and<br />

Housing (Departament <strong>de</strong> Medi<br />

Ambient i Habitatge): the authority<br />

with competence in environmental<br />

action matters. 39<br />

http://mediambient.gencat.net<br />

- Ministry of Univerities, Research and<br />

the Information Society (Departament<br />

d'Universitats, Recerca i Societat <strong>de</strong> la<br />

Informació - DURSI): a <strong>de</strong>partment of<br />

the Catalonian Government with<br />

information regarding university and<br />

research centres, data regarding the<br />

information society, etc. 40<br />

www.gencat.net/dursi<br />

- Municipal Institute of the Treasury<br />

(Institut Municipal d’Hisenda): its aim<br />

is to manage, collect and inspect<br />

taxes, prices to the public, fines and<br />

other public law income for the City<br />

Council, its in<strong>de</strong>pen<strong>de</strong>nt bodies and<br />

other public entities. 41<br />

www.bcn.es/hisenda<br />

- Network of Science and Technology<br />

Parks of Catalonia (Xarxa <strong>de</strong> Parcs<br />

Científics <strong>de</strong> Catalunya - XPCAT): this<br />

groups together ten large production,<br />

transfer, dissemination and use of<br />

knowledge spaces, and acts as a point<br />

of contact in the research and<br />

innovation community. It comprises<br />

university research centres and<br />

groups, and research institutes and<br />

businesses, and creates new<br />

knowledge-based businesses with the<br />

aim of creating ad<strong>de</strong>d value in their<br />

activities. 42<br />

www.xpcat.net/<br />

- Official Association of Economists of<br />

Catalonia (Col·legi Oficial d’Economistes<br />

<strong>de</strong> Catalunya): a professional body<br />

offering services to economists as a<br />

group. 43<br />

www.coleconomistes.com<br />

- Official Association of Industrial<br />

Engineers (Col·legi d’Enginyers<br />

Industrials): a professional body<br />

offering services to engineers as a<br />

group. 44<br />

www.eic.es<br />

- Official Association of Notaries Public<br />

of Catalonia (Col·legi <strong>de</strong> Notaris <strong>de</strong><br />

Catalunya) 45<br />

www.colnotcat.es<br />

- Official Chamber of Commerce,<br />

Industry and Navigation of <strong>Barcelona</strong><br />

(Cambra Oficial <strong>de</strong> Comerç, Indústria i<br />

Navegació <strong>de</strong> <strong>Barcelona</strong>): an<br />

in<strong>de</strong>pen<strong>de</strong>nt body which <strong>de</strong>fends the<br />

interests of businesses and<br />

entrepreneurs in the <strong>Barcelona</strong> area in<br />

relation to their commercial and<br />

professional relationship. 46<br />

www.cambrabcn.es<br />

- Official Register – Unified Management<br />

Offices (Registre Industrial - Oficines<br />

<strong>de</strong> Gestió Unificada): it manages, in<br />

a unified manner, the steps un<strong>de</strong>r<br />

the Catalonian Government’s<br />

competence which must be taken to<br />

start up an industrial activity. 47<br />

www.ogu.es<br />

- Pacte Industrial <strong>de</strong> la Regió<br />

Metropolitana <strong>de</strong> <strong>Barcelona</strong>: this is a<br />

regional association, formed by local<br />

administrations, tra<strong>de</strong> unions and<br />

business associations, and a broad<br />

range of bodies and organisations<br />

linked to economic <strong>de</strong>velopment<br />

and the promotion of employment. 48<br />

www.pacteind.org<br />

3. USEFFUL ADDRESSES


- Patronat Català Pro-Europa: a public<br />

consortium created in 1982 to<br />

disseminate the information<br />

generated by the EU institutions to<br />

increase awareness of the EU’s<br />

policies and actions in Catalonia. 49<br />

www.infoeuropa.org<br />

- Pimec: an employers’ association<br />

targeted at small and medium-sized<br />

businesses to <strong>de</strong>fend their interests<br />

and particularly to help them adapt<br />

to the changing economic reality<br />

around them. 50<br />

www.pimec.es<br />

- Sistema d’informació Metropolità<br />

d’Activitat Econòmica (SIMAE): an<br />

interactive consultation system<br />

whose aims are to bring together<br />

training and production systems and<br />

the different agents in the region in<br />

the context of economic activity and<br />

innovation in the whole of the<br />

<strong>Barcelona</strong> metropolitan area. 51<br />

www.mcrit.com/simae<br />

- Social Security Treasury (Tesoreria<br />

<strong>de</strong> la Seguretat Social): a body<br />

where businesses can register their<br />

workers. It is also in charge of<br />

collecting Social Security<br />

contributions. 52<br />

www.seg-social.es<br />

- Spanish National Research Council<br />

(Consejo Superior <strong>de</strong> Investigaciones<br />

Científicas - CSIC): this is the largest<br />

public research body in Spain. It<br />

encom-passes all fields of<br />

knowledge, from basic research to<br />

the most advanced technological<br />

<strong>de</strong>velopments. 53<br />

www.csic.es<br />

- Strategic Metropolitan Plan of<br />

<strong>Barcelona</strong> (Pla estratègic metropolità<br />

<strong>de</strong> <strong>Barcelona</strong>): a body which groups<br />

together the initiative and involvement<br />

of society to face the challenges posed<br />

by the <strong>Barcelona</strong> of the future, from<br />

both the scientific (hea<strong>de</strong>d by the<br />

university) and the economic (with<br />

business, institution and tra<strong>de</strong> union<br />

representatives) worlds. 54<br />

www.bcn2000.es<br />

- Tax Agency ( Agència Tributària): the<br />

public body in charge of managing the<br />

State and customs tax system as well<br />

as the resources of other Spanish or<br />

European Union public institutions<br />

and administrations. 55<br />

www.aeat.es<br />

- Territorial Direction of Tra<strong>de</strong> of<br />

Catalonia (Direcció Territorial <strong>de</strong><br />

Comerç <strong>de</strong> Catalunya): this office,<br />

belonging to the Ministry of Industry,<br />

Tourism and Commerce, provi<strong>de</strong>s<br />

information regarding external<br />

markets, formalities and data on<br />

exports, imports and commerce in<br />

Catalonia. It is associated with the<br />

Spanish Institute of Commerce Abroad<br />

(ICEX). 56<br />

www.mcx.es/barcelona<br />

- Territorial Services of the Ministry of<br />

Employment and Industry of the<br />

Government of Catalonia (Serveis<br />

Territorials <strong>de</strong>l Departament <strong>de</strong><br />

Treball) 57<br />

www.gencat.net/treballiindustria<br />

- The Property Registry (Registre <strong>de</strong> la<br />

Propietat Immobiliària): A record giving<br />

notice of ownership of real property to<br />

third parties. 58<br />

www.registradores.org<br />

- Worker’s Tra<strong>de</strong> Union of Catalonia<br />

(Comissió Obrera Nacional <strong>de</strong><br />

Catalunya - CCOO): fe<strong>de</strong>ració territorial<br />

<strong>de</strong>l sindicat Comisiones Obreras,<br />

d'àmbit estatal, que es <strong>de</strong>fineix com<br />

sindicat reivindicatiu, <strong>de</strong> classe i unitari<br />

per a la <strong>de</strong>fensa <strong>de</strong>ls drets <strong>de</strong>ls<br />

treballadors i treballadores. 59<br />

www.ccoo.es<br />

- Zona Franca Consortium (Consorci <strong>de</strong> la<br />

Zona Franca <strong>de</strong> <strong>Barcelona</strong>): a body<br />

which <strong>de</strong>velops strategic city projects<br />

in the real property and logistics fields<br />

and promotes economic activities<br />

associated with the new information<br />

technologie. 60<br />

www.elconsorci.net<br />

- Zona Franca Logistics Park (Parc<br />

Logístic <strong>de</strong> la Zona Franca): a company<br />

offering national and international<br />

businesses a unique opportunity,<br />

which will not be repeated, to set up<br />

both their logistics activities and their<br />

company headquarters in <strong>Barcelona</strong>.<br />

This is consolidated as the main<br />

logistics centre in southern Europe. 61<br />

www.parclogistic.es<br />

47


48<br />

3.2.2 CHAMBERS OF COMMERCE AND<br />

FOREIGN OFFICES FOR COMMERCIAL<br />

AFFAIRS IN <strong>BARCELONA</strong><br />

CHAMBERS OF COMMERCE 62<br />

- American Chamber of Commerce in<br />

Spain: (+34) 93 415 99 63<br />

- American Consulate General:<br />

(+34) 93 280 22 77<br />

- German Chamber of Commerce in<br />

<strong>Barcelona</strong>: (+34) 93 415 54 44<br />

- Belgium and Luxembourg Chamber<br />

of Commerce:<br />

(+34) 93 237 94 64<br />

- British Chamber of Commerce in<br />

Spain: (+34) 93 317 32 20<br />

- Chilean Chamber of Commerce:<br />

(+34) 93 310 15 85<br />

- Mexican Chamber of Commerce:<br />

(+34) 93 215 45 60<br />

- UK Chamber of Commerce:<br />

(+34) 93 317 32 20<br />

- French Chamber of Commerce and<br />

Industry: (+34) 93 270 24 50<br />

- Italian Chamber of Commerce and<br />

Industry: (+34) 93 318 49 99<br />

- Spanish Russian Chamber of<br />

Commerce: (+34) 93 218 72 95<br />

- Spanish Indian Chamber of<br />

Commerce: (+34) 93 318 84 41<br />

- Spanish Israelian Chamber of<br />

Commerce: (+34) 93 321 94 49<br />

- Spanish Norwegian Chamber of<br />

Commerce: (+34) 93 414 40 41<br />

- Spanish Swedish Chamber of<br />

Commerce: (+34) 93 488 05 03<br />

- Languedoc-Roussillon Chamber of<br />

Commerce: (+34) 93 412 14 90<br />

OFFICES FOR COMMERCIAL<br />

AFFAIRS 63<br />

- Danish Tra<strong>de</strong> Commission:<br />

(+34) 93 487 54 86<br />

- Québec Government in <strong>Barcelona</strong>:<br />

(+34) 93 481 31 88<br />

- Italian Institute for Foreign Tra<strong>de</strong>:<br />

(+34) 93 415 38 38<br />

- Argentinean Office for Commercial<br />

Affairs: (+34) 93 302 22 16<br />

- Austrian Office for Commercial<br />

Affairs: (+34) 93 292 23 78<br />

- Belgian Office for Commercial<br />

Affairs: (+34) 93 487 81 40<br />

- Hong Kong Office for Commercial<br />

Affairs: (+34) 93 236 09 30<br />

- Swiss Office for Commercial Affairs:<br />

(+34) 93 330 92 11<br />

- Toulouse Office for Commercial<br />

Affairs: (+34) 93 201 23 31<br />

- UK Office for Commercial Affairs:<br />

(+34) 93 366 62 00<br />

- Portugal Tourism Board –<br />

Investments, foreign tra<strong>de</strong>:<br />

(+34) 93 301 44 16


<strong>BARCELONA</strong>, A <strong>GOOD</strong> <strong>INVESTMENT</strong><br />

FOR MORE DETAILED INFORMATION ON EACH OF THE ABOVE SECTIONS,<br />

PLEASE CONTACT THE FOLLOWING OFFICES:<br />

www.bcn.es<br />

CIDEM<br />

Passeig <strong>de</strong> Gràcia, 129<br />

08008 <strong>Barcelona</strong>, Spain<br />

Tel. +34 934 767 200<br />

www.ci<strong>de</strong>m.com<br />

A practical Gui<strong>de</strong> to doing Business in the City<br />

<strong>Ajuntament</strong> <strong>de</strong> <strong>Barcelona</strong><br />

Sector <strong>de</strong> Promoció Econòmica<br />

(Economic Promotion Sector)<br />

Avinyó 7, 1r<br />

08002 <strong>Barcelona</strong>, Spain<br />

Tel. +34 934 027 478<br />

Fax. +34 934 027 597<br />

www.bcn.es/barcelonanegocis<br />

<strong>BARCELONA</strong><br />

Passeig <strong>de</strong> Gràcia 129<br />

08008 <strong>Barcelona</strong>, Spain<br />

Tel: +34 934 767 291<br />

Fax: +34 934 767 303<br />

catalonia@ci<strong>de</strong>m.gencat.net<br />

www.catalonia.com<br />

MADRID<br />

Montalbán 9, 2º dcha.<br />

28014 Madrid, Spain<br />

Tel: +34 915 241 000<br />

Fax: +34 915 241 001<br />

creyes@ci<strong>de</strong>m.gencat.net<br />

NEW YORK<br />

445 Park Avenue, 14 th floor<br />

10022 New York, USA<br />

Tel: 1 212 775 8830<br />

Fax: 1 212 755 8837<br />

ci<strong>de</strong>m@catalonia.com<br />

TOKYO<br />

Shuwa Kilicho TBR Building 1118<br />

5-7 Kojimachi, Chiyoda-Ku<br />

102-0083 Tokio<br />

Tel: 81 3 3222 1571<br />

Fax: 81 3 32222 1573<br />

info@ci<strong>de</strong>mtokyo.com<br />

www.spain-japan.com/2/ci<strong>de</strong>m

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