Madrid is positioned as Spain’s “economic engine” and as “the region most open to investment” due to its accommodating fiscal policy, making it the perfect location to attract potential foreign investors.
Madrid, which has been governed by the Conservative People’s Party for close to 30 years, has lowered personal taxes in an effort to attract business people. Its people are free from a wealth tax imposed in other regions of the country since 2008, and it has the lowest income tax rate in Spain.
Now that many UK businesses are considering opening new physical locations in Europe, Madrid makes sense for several reasons:
The following industries enjoy particular benefits in Madrid: Have been deemed the most promising for your company:
Madrid is one of the primary interconnection hubs in Spain, making it an attractive destination for companies operating in the data field. The city is home to major institutions, companies, and research centres, creating the critical mass required to generate profitable investments.
Madrid is a strategic location for companies specializing in cybersecurity. The city boasts a large pool of talent, including highly skilled professionals and researchers, as well as a supportive ecosystem that includes government institutions, universities, and startups.
Spain’s financial system is cutting edge, diverse, and fiercely competitive, and it is seamlessly integrated with global financial markets.
With the most prestigious hospitals in Spain located there, Madrid has become a top location for pharmaceutical and biotechnology industries.
Companies in the audiovisual sector in Madrid can leverage a robust support plan worth over €1.6 billion, as well as tax deductions for R&D and innovation.
To assist you in setting up your company in Madrid, Madrid Investment Attraction provides extensive support. A variety of services are provided, such as a soft-landing package with office space and conference rooms in a great location, as well as assistance in finding the best chances and resources the city has to offer for promoting the expansion of your company.
Please contact us at email@example.com to learn more about how Madrid can be the perfect location for your business