What are the challenges? - Doing Business in Spain

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What are the challenges?

Doing business in Spain does not present major challenges to UK companies as Spain is a similar market to the UK.

The Spanish market is open to overseas companies and there are no specific restrictions. However, there are challenges which include:

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

[Source: DIT/gov.uk (Apr 2016)]

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