The Spanish market is open to overseas companies and there are no specific restrictions. The Central Mercantile Register (1) ,an OFFICIAL INSTITUTION, provides the access to the companies information supplied by the Regional Mercantile Registers after the 1 January 1990, once the data has been organized and processed in accordance with Section 379 of the Mercantile Register Regulations currently in effect. Spain was the UK’s tenth largest export market (ninth for goods) in 2013, receiving £13.5 billion of UK exports. Local representatives can provide either national or regional coverage. In Europe 28th June 2016. Imports in Spain averaged 8978497.17 EUR Thousand from 1962 until 2020, reaching an all time high of 30249871.83 EUR Thousand in October of 2018 and a record low of 37437.04 EUR Thousand in January of 1962. To export directly to Spain you should appoint a distributor or an agent who knows the market and is well connected. Check the Spanish Camber Commerce website for more about regional standards and technical regulations. As a result there are opportunities for products and services involving: Catalonia is a major centre in southern Europe for R&D activities. The Kingdom of Spain shipped $333.6 billion worth of goods around the globe in 2019. British cereal grain tends to do very well in the Spanish market as British and Spanish harvest times differ. All products and services which are successful in UK schools potentially could do well in Spain’s international schools sector. Contact Senior Trade Adviser beatriz.asua@fco.gov.uk for more information on opportunities in Agritechnology. Spain has been an EU member since 1986, so European business practises and standards generally apply. Contact Senior Trade Adviser beatriz.asua@fco.gov.uk for more information on opportunities in the food and drink sector. The aging population and rise in chronic diseases is increasing pressure on the healthcare system. Merchandise Trade statistics for Spain (ESP) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. Many Spanish companies have large distribution capabilities in the region. However, there are some exceptions depending on the size and nature of the investment. Also dubbed “The best English newspaper in Spain,” according to the UK’s Rough Guide. It will take only 2 minutes to fill in. Search for export opportunities. Reality Check verdict: Spain sells more goods and services to the UK than it buys from the UK. ditmadrid@fcdo.gov.uk, British Consulate General Over 400 Spanish companies are registered in the UK, including household names such as Santander and Zara. IP law, especially for patent protection, is not totally harmonised within the EU. Bilateral trade in goods is wide-ranging, but leading sectors are 1. automotive and auto parts 2. aircraft and associated equipment 3. medical and pharmaceutical products 4. inorganic chemicals 5. alcoholic beverages 6. vegetables and fruit Spain’s share of UK exports (2.6%) is higher than India’s and Brazil’s combined. A local distributor will be able to help with advice regarding import and other regulations in Spain. J.P.E. We use cookies to collect information about how you use GOV.UK. How does geography impact UK exports and imports to the rest of the world? UK goods exports grew 3.5% year-on-year in value in 2014. There are opportunities for UK companies in: Contact Senior Trade Adviser marianne.carlin@fco.gov.uk for more information on opportunities in the energy sector. Access high value public procurement notices via Tenders Electronic Daily (TED). Find exceptional and creative UK trade partners with DIT’s Find a Supplier service on great.gov.uk. EU residents only need a valid passport, or other acceptable travel document in order to visit Spain. 48008 Bilbao Spain is investing in its Research and Development (R&D) capabilities and aims to spend 2% of GDP on research by 2020. Labelling for all food and drinks products must be in Spanish. UK goods exports grew 3.5% ye… The economic recovery has resulted in the return of foreign investment. Our website makes it possible to view other available documents related to SPAIN TRADE (UK) LIMITED. Spain was the UK’s tenth largest export market (ninth for goods) in 2013, receiving £13.5 billion of UK exports. Demand for special needs products is rising in both the education and healthcare sectors. Corporate income tax in Spain is 30%. TRADE COMPANY, S.A. was established in 1.989 as an import, export and distribution company covering the whole national spanish market. Economic growth beats forecast | Business at the heart of trade | UK-Spain trade. Therefore, no import duties apply. Spain, Email 08036 Barcelona Bilateral trade in goods is wide-ranging, but leading sectors are. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. The UK, at EUR 1.7 billion, was the third largest investor in Spain in 2014. You can change your cookie settings at any time. You’ve accepted all cookies. Check with HM Revenue and Customs (HMRC) regarding VAT refund of business expenses incurred in Spain. Around 1 million British nationals, based mostly in the coastal regions, are permanent or part-time residents. British Embassy Trade: The top exports of Spain are Cars ($35.9B), Refined Petroleum ($13.3B), Vehicle Parts ($11.7B), Packaged Medicaments ($8.82B), and Delivery Trucks ($6.65B). Moreover, although on-trade reliant brands such as Ramón Bilbao report a difficult period, the vast majority of Rioja is sold in retail. It’s currently a relatively underdeveloped sector in Spain. Over 9,000 Spaniards chose higher education in the UK in 2014. 2020 : U.S. trade in goods with Spain . 3% growth is forecast for 2015. Labels must include: Exports of food and agricultural products to Spain are guided by specific regulations. There is generally no requirement for prior approval of investments from EU companies in Spain. 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. Avenida Diagonal 477 – 13 To help us improve GOV.UK, we’d like to know more about your visit today. Over 100,000 Spanish adults and children visit the UK to study English every year. The sector is made up of some 350 companies, and there are supply chain and collaboration opportunities for UK companies in wind and marine. Spain’s exported goods totaled $189.4 billion during the first 8 months of 2020. 21% of all Foreign Direct Investment (FDI) in Spain since 1993 has came from the UK. TED contains all procurement notices above a certain threshold from the EU and European Economic Area (EEA). There is still room for growth. To help us improve GOV.UK, we’d like to know more about your visit today. Posted on 1/02/2018 by DHL Express. This publication is available at https://www.gov.uk/government/publications/exporting-to-spain/doing-business-in-spain-spain-trade-and-export-guide. Many are members of the National Association of British Schools in Spain (NABSS). You should seek legal advice or guidance from the appropriate regulatory agency in Spain. Contact the SOLVIT team if you have market access issues relating to the operation of the Single Market. 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. It is also the top destination both for visits by UK residents and for UK nationals living abroad. Agriculture remains important to the Spanish economy making up 15.5% of total exports. The top imports of Spain are Crude Petroleum ($28.2B), Cars ($22.6B), Vehicle Parts ($14B), Packaged Medicaments ($10.1B), and Petroleum Gas ($9.17B). Products and packaging should meet EU standards. Benefits for UK businesses exporting to Spain include: Read the EU’s practical guide to doing business in Europe. Paseo de la Castellana, 259-D Torre Espacio Among key trade partners, imports dropped from the Euro Area (-7.1 percent), the UK (-29.8 percent) and the US (-13.8 percent). Over 900 UK companies operate in Spain. 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. Spain-UK relationship in particular features a highly integrated market, with benefits from trade widely spread among the entire population. 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. VAT in Spain is known as IVA. Demand for British products has increased due to: Demand is very strong for gourmet and premium products. We use this information to make the website work as well as possible and improve government services. You can change your cookie settings at any time. Embed this interactive Copy. UK Exports by distance from UK, 2016 . Table reflects only those months for which there was trade. Department for International Trade withdrew this publication because it was out of date. You can also check the current UKEF cover position for Spain. Find out how UK companies can control risks when doing business in Spain. Spain, Email UK language schools, boarding schools and other study centres generally work through Spanish study abroad agents, the most reliable of which are members of www.aseproce.es . Spain and the UK are major trading partners. Spain continues to invest heavily in healthcare. There are about 750 public hospitals, 300 private hospitals and 7 million private health policy owners in Spain. WELCOME. 28046 Madrid We use cookies to collect information about how you use GOV.UK. We offer expertise and contacts through our extensive network of specialists in the UK, and staff in the British Embassy in Spain. Spain is also the second most important investor in Latin America. Don’t worry we won’t send you spam or share your email address with anyone. You’ve accepted all cookies. As professional careers require advanced proficiency the English Language Training (ELT) market is huge for learners of all ages. 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. Spain, Email The value of the UK’s trading relationship with Ireland is higher than the value of UK trade with Italy or Spain, even though the total size of Ireland’s economy is much smaller than Italy’s or Spain’s. Don’t include personal or financial information like your National Insurance number or credit card details. Investments must be registered with the Directorate General of Trade Policy and Foreign Investments. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. The Olive Press is the English language newspaper for Spain. Spain follows ‘first-to-file’ system whereby the first person to apply for registration will have priority rights. If you’re travelling to Spain for business, check the Foreign and Commonwealth Office (FCO) travel advice page beforehand. Spain is still the fourth largest generator of wind energy in the world despite recent low investment. According to the IWSR, Rioja exports to the UK increased by 25% in volume in the first six months of 2020. UK economic growth exceeds forecasts: According to the Office for National Statistics (ONS), in the last three months of 2017 the UK economy expanded by 0.5 per cent. This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. Spain is the fifth largest economy in the European Union (EU) and now one of the fastest growing in the eurozone. The population of Spain is about 47 million making it one of the biggest consumer markets in the EU. Technology and new products will be required to: Contact Senior Trade Adviser shona.brown@fco.gov.uk for more information on opportunities in Agritechnology. It is home to: There are opportunities for UK Contract Research Organisations (CROs) in Catalonia: Contact Senior Trade Adviser shona.brown@fco.gov.uk for more information on opportunities in the life sciences sector. It’s the second source of power generation meeting 20.3% of demand after nuclear (22%). National and regional government incentives support this objective. Opportunities for UK suppliers include: Contact Export Control Organisation (ECO) to check your goods you are meeting legal requirements for export. Contact Trade Adviser marc.michaud@fco.gov.uk for more information on opportunities in the education 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. Almost all types of UK businesses entering Spain must obtain a clear name search certificate from the Central Mercantile Registry. Spain’s share of UK exports (2.6%) is higher than India’s and Brazil’s combined. 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. We help UK companies succeed in Spain, and Spanish companies set up and invest in the UK. You only need to complete certain minor bank formalities for statistical information. Download the data. Spain claimed ownership based on a papal decree of 1493 that Spain said gave it control of the entire Pacific Ocean. Spain hosts the second largest number of British schools outside the UK in the world. You can transfer capital, dividends, proceeds of sale abroad without any limitations or taxes if you are a holder of registered foreign investments. We help UK companies succeed in Spain, and Spanish companies set up and invest in the UK. Spain seized small British commercial ships engaged in the fur trade in an area on the Pacific on an area on the Pacific Coast. 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 has a firm political commitment to maintain and expand a state bilingual education programme, potentially offering opportunities for UK providers. Excise duty is levied on certain goods including alcoholic drinks and cigarettes. Contact Senior Trade Adviser fernando.pons@fco.gov.uk for more information on opportunities in the defence and security sector. The Spanish military have recently adopted a more centralised approach to planning and procurement programmes. source: Ministerio de Industria, Comercio y Turismo . You have at your disposal scanned copies of official documents submitted by the company at Companies House. Spain travel advice: latest FCO guidance on flights, holidays and lockdowns - and quarantine rules for visitors returning to the UK By Alex Nelson Friday, 13th November 2020, 2:35 pm DITBarcelona@fcdo.gov.uk, British Consulate Combined, the Latin American countries are Spain’s second largest export market. Hugh Morris reports that arrangements with the UK’s European neighbours could see hundreds of thousands of British travellers shipped to destinations including France, Spain … Speciality areas such as business English are highly competitive. Spain services export is 155,387,752,740 in BoP, current US$ and services import is 82,454,857,706 in Bop, current US$.Spain exports of goods and services as percentage of GDP is 35.12% and imports of goods and services as percentage of GDP is 32.40%. spain trade Uk. Spain is one of the 10 top sending countries and demand is growing. Over 16 million British tourists visit Spain every year. maria.fitzpatrick@fcdo.gov.uk. 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. Spanish Plants import and supply a wide range of plants sourced from nurseries and growers throughout Spain. EUR 69 billion was invested in Spain in 2013, following an outflow of EUR 193 billion in 2012. Watch our videos for more information about opportunities 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. Its farmers fear losing trade … SPAIN’S huge fruit and veg industry will be blighted if Madrid forces a No Deal with nonsense claims on Gibraltar. 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. These include: Agencia Tributaria provides more information on resident and non-resident income tax. Find more export advice and explore opportunities overseas on great.gov.uk. The market for British education and related products is huge in Spain. 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. Read more about corporate tax in Spain at Confédération Fiscale Européenne (CFE). We use this information to make the website work as well as possible and improve government services. Spain’s foreign minister has welcomed post-Brexit talks with the UK as an “incredible opportunity” for the countries to address the status of Gibraltar after centuries of dispute. Don’t worry we won’t send you spam or share your email address with anyone. Contact the Department for International Trade (DIT) team in Spain for more information and advice on opportunities for doing business in Spain. Details may not equal totals due to rounding. Spain has the power to veto any post-Brexit free-trade agreement from applying to Gibraltar, and is holding separate talks with Downing Street on a … Read the Food and Agricultural Import Regulations and Standards (FAIRS) report for full details. Collaboration with Spanish companies can help UK companies gain access to opportunities in Latin America. Tunstall and Primark are increasing their investment. The UK has been a member of the European Union club for 43 years and Spain 30. There are still many areas in Spain’s agriculture sector where processes could be improved. FCC, Ferrovial and Iberdrola are investing in UK infrastructure and services. Spain incurred an overall -$38.3 billion trade deficit during 2019. Learn about changes for UK exporters to Spain if the UK leaves the EU without a deal. All content is available under the Open Government Licence v3.0, except where otherwise stated, Paseo de la Castellana, 259-D Torre Espacio, events for exporters and international buyers, products or services which require licences for supply outside of the UK, Coronavirus (COVID-19): guidance and support, Transparency and freedom of information releases. Contact UK Export Finance (UKEF) about trade finance and insurance cover for UK companies. Doing business in Spain does not present major challenges to UK companies as Spain is a similar market to the UK. We’ll send you a link to a feedback form. 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. Different categories of Spanish businesses are governed by different regulations. 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. However, there are challenges which include: Spain’s Gross Domestic Product (GDP) grew 1.4% in 2014. The rates can be less for enterprises of reduced size. All legal businesses must be registered with the Ministry of Finance. Find out more information about SPAIN TRADE (UK) LIMITED. Invest in Spain provides more information about types of businesses and procedures for opening them. Contact Senior Trade Adviser jessica.griffiths@fco.gov.uk for more information on opportunities in the life sciences sector in Catalonia. Information on products or services which require licences for supply outside of the UK. That dollar amount reflects a 20% gain since 2015 and a 1.6% uptick from 2018 to 2019. Alameda de Urquijo 2-8 We’ll send you a link to a feedback form. Personal income tax applies to tax-residents in Spain. Healthcare is devolved to the regions so care and access to drugs can vary from region to region. The usual VAT rate is 21%. Department for International Trade DIT provides trade and investment services and practical support. DIT provides trade and investment services and practical support. Embed code. It will take only 2 minutes to fill in. New UK investors include Dealz-Poundland, Stella McCartney and Jo Malone. Growth has continued into 2015, with 0.9% growth in the first quarter of 2015. Contact Trade Adviser aurora.ortega@fco.gov.uk for more information on opportunities in food and drink sector in Catalonia. Oficina Española de Patentes y Marcas (OEPM) has responsibility for IP protection in Spain. And standards generally apply National energy Efficiency Action Plan aims to reduce consumption 26.4 by. Resident and non-resident income tax offers opportunities for doing business in Spain fernando.pons @ fco.gov.uk for more information advice! British Embassy in Spain in 2013, following an outflow of EUR 193 in., Stella McCartney and Jo Malone during the first six months of 2020 verdict: sells! Regulations in Spain ( EEA ) will be blighted if Madrid forces a no Deal nonsense. Insurance cover for UK suppliers appropriate regulatory agency in Spain was invested in Spain at Confédération Fiscale Européenne ( ). 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