WSI- The Lucrative Franchise Business Opportunity- Now in Spain

As more and more foreigners move to Spain to start a new life, the demand for quality products and service in all manner of industries is growing, leaving the market wide open for anyone wanting to start their own business in Spain. There are however several fundamental issues that must be addressed in order to ensure all goes to plan.

Before you start any business venture in Spain you will have examined the market to make sure there is a demand for the product or service you are to provide. As an EU citizen you have every right to start a business in Spain, just as though you were at home so once you have convinced yourself of the viability of your new business, you can get started.

Step one is to visit the national police station and apply for an N.I.E. number. This is simply an identification number for foreigners and is mainly for tax purposes. Simply take along your passport and complete a simple form. Usually your number can be collected within four weeks.

In Spain there are two levels at which a business must be registered. At local level you need to register your business with the town hall and obtain an opening license (Licencia de Apertura) which will clearly define your business and the way in which it will trade. At national level you will register with the IVA office which is the equivalent of the Inland Revenue office. The Agencia Tributaria will collect your tax. You will need to be fluent in Spanish to undertake the form filling on your own, otherwise employ the services of a Gestoria who will do all the hard work for you for a reasonable fee. The next step would be to decide on the format of your business. You will need expert advice as to which type best suits your business.

All businesses are registered with the Social Security Office and as such will be liable for social security payments which vary according to the status of the business. Making these payments will entitle you to the benefits of the local health service such as doctors and hospitals. The payments will also contribute towards an old age pension, although contributions have to be paid for a minimum of 15 years to qualify.

If you are buying an existing business in Spain it is vital that you examine every aspect of the business before signing anything or parting with your money. It is crucial that you ensure the company has no debts or tax liabilities that would be transferred with the business. When you buy a business in Spain, you buy the business debts too!

A much easier way to do business in Spain is to buy a franchise. WSI is an internet marketing company that has been in business for over 10 years. They offer franchises to potential business all over the world—not just in Spain. With a WSI franchise, many of the hurdles included with obtaining licensing and buying an actual storefront are immediately remedied. For a WSI franchise all you will need is a computer with internet and the will and determination to learn and follow the proven WSI system.

WSI will provide all the training and additional materials that you will need. Once you receive your WSI training, you will be a certified Internet Marketing Consultant. You will begin helping clients figure out their internet marketing strategies and set up their websites so that they can obtain the highest number of customers possible. There is no inventory, no store to manage—much of the business could be done in the comfort of your own home.

WSI, headquartered in Toronto, Canada, is the 4th fastest-growing International Franchise. With systems that have been developed, utilized and proven by over 1500 Internet Consultants in 87 countries worldwide, WSI delivers thousands of Spanish business franchise solutions to potential business owners annually. Visit www.wsicorporate.com for more information.

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