Over the past couple of weeks, I have received a number of enquiries about when it is compulsory to register as self-employed and what the minimum income amount permitted is before registry becomes obligatory. Since there seems to be a lot of confusion on the subject, I thought it would be a good idea to address it and hopefully answer some of your queries and more importantly, prevent you from receiving costly fines.
Now that all the festivities and end of year taxes are finally out of the way, we can breathe a little easier and get back to reality. Priority? Making sure our businesses stay on track and implement improvements for the upcoming year. Did you find time to make any resolutions? I’m sure that you diligent, dedicated people have made time to sit down and plan ahead but just in case I’m wrong, here are a few that will hopefully help you get organized and become even more successful before the year is out so take note…
Only a week after the Spanish Tribunals obligated CajaSur to remove the polemic floor clause from their mortgage contracts, the financial entity has bounced back by offering one of the lowest mortgage rates currently available in the market at a mere rate of Euribor +1,25%.
The Andalusian based bank offers even more benefits to those who take on other products and services tied into the mortgage contract, reducing in this way the differential. Even though these other products are yet to be confirmed by the bank, typically these would include customers lodging their monthly payslip with them, taking out life and house insurance policies and the like.
Anybody who has lived and worked in the Canary Islands for any significant amount of time knows that business owners must navigate a labyrinth of regulations and procedures to ensure their business operates legally. The Canaries are predominantly touristic so it is only logical to assume that specific laws have been drafted to govern the sector and to assure the quality of the products and services on offer to our visitors.
