In recent years, there has been much debate about the precarious conditions under which high self-employed contributions and VAT must be paid, with hardly any differences in percentage between new entrepreneurs and those companies that are already established or have a much larger volume.
In response to this, the government has established a draft law that could be a solution for SMEs and, especially, for those startups that are looking for greater financing facilities.
In any case, entrepreneurs seem to be happy with this initiative, but how will the new entrepreneurs law affect startups and new entrepreneurs? Initially, this law has generated certain controversies because there are certain points, such as the one that says “the more contributions, the more rights” with which social and ios data health rights agents do not fully agree. However, it has a series of significant advantages for both new entrepreneurs and startups .
Could this be the push that thousands of citizens need to move from the shadow economy to regulated activity?
Less prohibitive microcredits
Mainly aimed at companies less than three years old and never for refinancing but for the undertaking of new business options. In the case of young people, women and people with disabilities, the possibilities will be very diverse due to the various bonuses available in this regard.
Largest seed capital fund
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Particularly useful for startups, this co-payment option between public or private institutions is aimed at launching innovative companies. The seed capital initiative proposes that innovative startups receive double support to avoid the exodus of talent that has been leaving the peninsula since 2008.
Business angels, the angels of the government
Public authorities have seen the potential of so-called business angels who collaborate directly to promote startups, investing in their services in exchange for a percentage of the profits. This opportunity is, in a way, part of the new trend of mass financing, but with a small group of patrons who take care of everything related to the different jobs, especially profiles such as financiers, management experts, marketing consultants , etc.
