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Euro (€, EUR)



Spanish, Catalan, Basque, Galician


UTC +1:00

Spain’s economy is the 4th largest in the Eurozone based on nominal gross domestic product (GDP) statistics. Spain is also ranked 25th in the United Nations Human Development Index and 34th in GDP per capita. Therefore, Spain is considered as a high income economy with among the world’s top highest quality of life. It has a very diversified economy including tourism, manufacturing, financial services, pharmaceuticals, textiles and apparel, footwear and chemicals. As such, Spain is a popular choice for many foreign businesses to invest in.

How to build a team in Spain

Employers need to follow the strict employment guidelines set forth by the local authorities before they could employ in Spain. This process can be time-consuming as the company first needs a legal entity in the country and it needs to manage payroll, tax, benefits and compliance.

Global payroll solutions make it easy to find and hire top talent in Spain. With one seamless integration and local legal entity, we take care of the compliance matters so that you can start your globelizing plan immediately.

Compliance risk

Risk of misclassification

Spain’s worker classification labour and tax laws distinguish between contractors and full timers. If the individual meets the legal definition of an employee but is classified as a contractor, your company will face penalties.

Let’s not make global expansion overwhelming.
Go global today!

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