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Success tips when doing business in Spain

Succeed in Spain business

  1. It is important that our Client prepares a comprehensive business plan detailing i) study of the Spanish markets ii) an evaluation of competitors and iii) a feasibility study of the venture;
  2. The Client must perform a detailed study of the sector where he/she is planning to setup the business. This will optimize your work productivity;
  3. The Client should try and learn the local language (Spanish) because it is the lingua franca and so, important for building a business network;
  4. The Client must have a website in Spanish which will serve as an excellent marketing tool;
  5. Our Client must have a proper exit strategy in order to map out potential accomplishments for the future. This will help the firm manage its finances efficiently;
  6. While working in Spain, it is important to always make an appointment as walk-ins are not be well received. Furthermore, punctuality is also very important;
  7. You must conduct your own due diligence prior to a meeting. Also, people must be addresses by professional titles unless specifically asked otherwise;
  8. In Spanish business culture, it is important to form social bonds with your business partners be it Clients or suppliers. A social bond indicates trust, which is very important for working in Spain;
  9. A strict dress code needs to be maintained at all times; dresses must be formal, but not showy;
  10. Spanish corporate culture has a deeply entrenched and rigid hierarchy; respect for seniors is the only way to be successful;
  11. It is recommended that our Client inquire about the English-language proficiency of a business man/woman beforehand. An interpreter must be arranged to increase efficiency;
  12. Lastly, it is important that the Client communicate with us regarding any problems that he/she faces. Our experts regularly help young businesses succeed in foreign countries.

Interesting facts about Spain?

  1. Spain produces the largest amount of renewable energy in the world;
  2. The name Spain comes from the word Ispania, which means land of the rabbit;
  3. Spanish is the 2nd most common spoken language in the world, with 329 million speakers;
  4. Spanish people have more cars than cellphones;
  5. Spain is a parliamentary monarchy with the head of state being King Juan Carlos who came to power in 1975;
  6. Spain has 42 UNESCO World Heritage sites, the 2nd highest after Italy’s 46;
  7. Soccer is the most popular sport in Spain;
  8. Spanish folklore, instead of a mythical tooth fairy, has a tooth mouse called Ratoncito Perez;
  9. Spain has the highest number of bars in the EU;
  10. Spain is the only country where bull-fighting is counted as a sport.

Frequently asked questions

Contact us

For additional information on our company registration services in Spain, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi