,Many people dream of moving abroad, but the most significant barrier is often income. How will you make money in Spain if you don’t have a job and aren’t yet retired? Valencia is a city that appeals to many expats for its fantastic lifestyle. The climate, culture and beautiful city that has so much to offer attracts people from all over the world. But employment in Spain leaves much to be desired. That is why many expats work remotely for a foreign employer. Another option is to start your own business as an entrepreneur or freelancer. In this blog post, we explain why to start your own business in Valencia is a perfect idea.

Setting up a business in Valencia: online possibilities

Finding a job in Spain is not easy. Starting your own company in Spain also requires plenty of preparation, but many foreigners eventually take that leap. Having an online business, for example, or working as a freelancer in Valencia is an ideal way to live and work here and earn a decent income. The internet connection is excellent throughout the city, and there are many great coworking spaces in Valencia where you can rent a desk for the day as a freelancer.

With the right mindset, attitude and flexibility, you too can move abroad and start a business. Keep in mind that even if your company is registered abroad, or if you have an employment contract abroad, you will still need to declare your annual income to the tax authorities in Spain – this is the law if you live there for more than 183 days a year. We can advise you about this.

How do you start a business in Spain?

If you want to start a business in Valencia, then you naturally want to know what that entails. What about all the formalities and documents you have to organise to register as a company or self-employed person (autónomo) in Spain? How do you sort out your taxes, and you may also want to find office space or staff. Perhaps you are planning to launch a new product in Spain. Where do you start? At Match Better Valencia, we have assisted many business owners with their move to Valencia. We have also found plenty of commercial spaces for our corporate clients and helped with market research if needed. We possess a lot of knowledge of Valencia’s local and regional market and have an extensive network of contacts to get your business in Valencia off to a good start.

If you want to register yourself as an autónomo, we can also help you with this. The paperwork for this is a bit complicated for most newcomers. We are happy to go with you to the tax office to get things in order. It is also a good idea to hire an accountant (‘gestor’) to prepare the quarterly VAT returns, as well as declaring your income tax.

Starting a business in Valencia is a great step, and we are happy to help you make this dream a reality. Also, read the testimonials of our corporate clients who have gone before you.