Don’t worry we won’t send you spam or share your email address with anyone. UK companies can increase their sales, growth and stability by selling to Spain. Labelling for all food and drinks products must be in Spanish. 08036 Barcelona The reduced rates of 10% and 4% apply for products such as: When you supply goods to a VAT registered customer in Spain you should: This information enables you to zero-rate your goods for UK VAT purposes. Avenida Diagonal 477 – 13 EUR 69 billion was invested in Spain in 2013, following an outflow of EUR 193 billion in 2012. Demand for special needs products is rising in both the education and healthcare sectors. Contact Senior Trade Adviser beatriz.asua@fco.gov.uk for more information on opportunities in Agritechnology. Spain is the fifth largest economy in the European Union (EU) and now one of the fastest growing in the eurozone. Over 100,000 Spanish adults and children visit the UK to study English every year. Spain follows ‘first-to-file’ system whereby the first person to apply for registration will have priority rights. The decision comes amid wider trade talks between Britain and the United States and ends a united front on tariffs among Airbus’s political backers Britain, France, Germany and Spain. Invest in Spain provides more information about types of businesses and procedures for opening them. DGAM are setting up specific programmes to cover the gradual acquisition of: The UK security industry enjoys a great reputation in Spain which counts amongst its top export destinations in this sector. To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: psi@nationalarchives.gov.uk. Posted on 1/02/2018 by DHL Express. How does geography impact UK exports and imports to the rest of the world? Don’t worry we won’t send you spam or share your email address with anyone. Learn about changes for UK exporters to Spain if the UK leaves the EU without a deal. The usual VAT rate is 21%. These include: Agencia Tributaria provides more information on resident and non-resident income tax. Spanish and UK citizens have taken advantage of the four freedoms that are basic to the Single Market: free movement of goods, services, people and capital. 21% of all Foreign Direct Investment (FDI) in Spain since 1993 has came from the UK. All products and services which are successful in UK schools potentially could do well in Spain’s international schools sector. Spanish intellectual property laws are harmonized with those of the other EU member states and Spain has ratified the main international treaties in this field. Read the Food and Agricultural Import Regulations and Standards (FAIRS) report for full details. J.P.E. This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. Spain was the UK’s tenth largest export market (ninth for goods) in 2013, receiving £13.5 billion of UK exports. Spain is one of the 10 top sending countries and demand is growing. Combined, the Latin American countries are Spain’s second largest export market. Spain is also the second most important investor in Latin America. Corporate training also offers opportunities to UK providers. Based in Spain since 2012 in conjunction with our main partner nurseries we are now able to coordinate our supply process from selection to loading. Many are members of the National Association of British Schools in Spain (NABSS). Trademarks, designs, patents and copyright are the principal forms of Intellectual Property (IP) protection available to companies and individuals. Department for International Trade (DIT) provides free international export sales leads from its worldwide network. In those long period both countries have created a special relationship highlighted by the huge inflow of tourists as well as migrants and the substantial amount of Spanish direct investment there. Spain claimed ownership based on a papal decree of 1493 that Spain said gave it control of the entire Pacific Ocean. That dollar amount reflects a 20% gain since 2015 and a 1.6% uptick from 2018 to 2019. Paseo de la Castellana, 259-D Torre Espacio The Impact Of Brexit On The Spanish Economy. Alimentaria, Europe’s third biggest food and drink exhibitioon, offers opportunities for UK suppliers. The rates can be less for enterprises of reduced size. Much of the text of a possible trade deal is said to be ready, but Britain has rejected Brussels' insistence on a mechanism to allow it to retaliate if UK and EU law diverge in a way that puts continental firms at a competitive disadvantage. Spain and the UK are major trading partners. Spain continues to invest heavily in healthcare. Check the Spanish Camber Commerce website for more about regional standards and technical regulations. In Europe 28th June 2016. Access high value public procurement notices via Tenders Electronic Daily (TED). The market for British education and related products is huge in Spain. Spain is an important economy of the European Union; trade represents a major outlet for the country’s development, as more than half of the gross domestic product is earned through this activity. Over 900 UK companies operate in Spain. Don’t include personal or financial information like your National Insurance number or credit card details. Speciality areas such as business English are highly competitive. The ‘Science, Technology and Innovation Strategy’ set out a vision to 2020 which focuses on: Spain is a member of the European Union (EU), the World Trade Organization (WTO) and other international bodies. Details may not equal totals due to rounding. FCC, Ferrovial and Iberdrola are investing in UK infrastructure and services. Healthcare is devolved to the regions so care and access to drugs can vary from region to region. Spain's trade deficit narrowed sharply to EUR 1.48 billion in September 2020 from EUR 4.26 billion in the same month of the previous year. To help us improve GOV.UK, we’d like to know more about your visit today. We use this information to make the website work as well as possible and improve government services. The Olive Press is the English language newspaper for Spain. Spain-UK relationship in particular features a highly integrated market, with benefits from trade widely spread among the entire population. The sector is made up of some 350 companies, and there are supply chain and collaboration opportunities for UK companies in wind and marine. If you’re travelling to Spain for business, check the Foreign and Commonwealth Office (FCO) travel advice page beforehand. Between 4,553 and 6,473 MW of new wind energy capacity need to be installed for Spain to reach its 2020 renewable energy target. Personal income tax applies to tax-residents in Spain. The Spanish military have recently adopted a more centralised approach to planning and procurement programmes. The Basque Country leads Spain in the design and manufacture of power generation and electrical distribution equipment, including 3 of Spain’s 4 wind turbine builders. Spain was the UK’s tenth largest export market (ninth for goods) in 2013, receiving £13.5 billion of UK exports. Find out how UK companies can control risks when doing business in Spain. Collaboration with Spanish companies can help UK companies gain access to opportunities in Latin America. Tunstall and Primark are increasing their investment. Over 9,000 Spaniards chose higher education in the UK in 2014. Contact Senior Trade Adviser jessica.griffiths@fco.gov.uk for more information on opportunities in the life sciences sector in Catalonia. Demand for British products has increased due to: Demand is very strong for gourmet and premium products. Contact Senior Trade Adviser fernando.pons@fco.gov.uk for more information on opportunities in the defence and security sector. All content is available under the Open Government Licence v3.0, except where otherwise stated, exporting to Spain in our country guide on great.gov.uk, changes for UK exporters to Spain if the UK leaves the EU without a deal, nationalarchives.gov.uk/doc/open-government-licence/version/3, control risks when doing business in Spain, export advice and explore opportunities overseas, practical guide to doing business in Europe, National Association of British Schools in Spain, Southern European Cluster in Photonics and Optics, Coronavirus (COVID-19): guidance and support, Transparency and freedom of information releases, familiarity with British products and openness to them, proximity and availability of flights, including low cost airlines, quality and availability of qualified suppliers, long payment terms with many organisations working on 90 to 120 payment days, some inflexibility remaining in the labour market, high degree of devolution of powers to Spain’s 17 autonomous regions, 2015 tax reform which has left more money in people’s pockets, increased investment in machinery and equipment, promoting more private participation and involvement in, more emphasis on technology and knowledge transfer, Latin America through Spain’s global energy companies: Iberdrola (owners of Scottish Power); Endesa (owned by Enel); Repsol and Gas Natural Fenosa, energy efficiency in buildings, smart metering and smart grid solutions/lighting, nuclear (construction of a temporary centralised storage facility for spent fuel), selling services to drug development companies, selling services to discovery research centres, selling innovative or cost efficient products and equipment for, fertilisers and pesticides for organic farming, quick diagnostic kits for use in meat production eg salmonella, vaccines for illnesses such as Blue Tongue, cyber security particularly for the private sector, protection of critical national infrastructure (physical protection as well as cyber), set up owned or partly owned subsidiaries, keep documentary evidence that the goods have left the UK, those resident for more than 183 days per year in Spain, those with business and economic interests based in Spain. 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