Boxer2quick

Can anyone give me any info on registering a business in Tenerife please and what sort of costs are involved.Its not a business with premises its just a postcard distribution business which will be run from my apartment (when I actually get over there and start renting one anyway) any info would be cool.

Cheers

videotalker

Sorry I can't help you with this, but best of luck anyway.

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One bed apartment for rent at Malibu Park, Playa de Las Americas or studio apartment at Torviscas, Tenerife.
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blue marlin

For an S.L company set up costs are about 1500 euros formation and it depends on which way you form it you can put approx 3000 euros in which cannot be touched for six months or use something of your business as collateral (sp)

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Success comes at a price how much did it cost you ?

Karen1234

do you actually want to set up a private limited compan (SL) or just become self employed

Stryker

What are the recommendations and requirements to being self-employed?

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Karen1234

go to an accountant and let him do it for you - much easier. If I remember correctly, get an NIE number, you register with your town hall, register in social security (just under 240 euros per month) and register with the tax office. I have heard if you want to work from home you will need a project too,but don¡t know if this is true.

Daverock

You don't have to actually register the business as such. As a guide for you it cost me €800 to register as self employed and become licensed to employ staff. That is what my solicitor charged me for him to do absolutely everthing I required.

Karen1234

As I have previously said Marcos Cabrera in Los Cristianos did all the leg work for my husband. As he was going to be doing his quartely accounts he did not charge him a penny to set everything up and my husband did not have to go anywhere at all, everything was taken care of for him.

Boxer2quick

Excellant,thanks for the info.All that will come in handy.

Boxer2quick

Hello Folks,

I did ask the other day for information about registering as a business ect but im wondering if I need to do that.Basically I will be approaching outlets and selling them postcards can anyone tell me what I have to do to be legal in doing this.An idiots guide would be ideal,ha,ha from the minute I get to the reef what is the first thing I need to do?

Cheers Lads and ladys