To set up a company in Madrid, it is essential to follow several key steps:

• Business Registration: You must register your company in the Mercantile Registry, which includes the choice of legal form, name and tax registration.
• Licenses and Permits: Depending on the type of business, specific licenses may be required and must be applied for at the local town hall or autonomous community.
• Tax Compliance: It is important to establish a proper accounting system and register with the Tax Agency for compliance with tax obligations.

Madrid offers various incentives for businesses, including tax deductions, grants, and access to financing through public banks such as ICO (Instituto de Crédito Oficial). The high-tech, research and development, and export sectors often benefit from special support programs that seek to foster innovation and internationalization.

Taxes

• Corporate Tax: One of the lowest in Europe, with reduced rates for newly created companies and for those that invest in R+D+i.
• VAT and Local Taxes: Incentives in the form of VAT rebates and exemptions for specific activities, as well as reductions in local taxes such as IBI (Property Tax) and IAE (Tax on Economic Activities) for companies that are established in certain areas of the city.

Grants and Funding

• Direct Grants: Direct financial aid for startups and SMEs, especially those in sectors such as technology, the environment and social innovation.
• Special Financing Lines: Access to credit lines and loans with favorable conditions through the Official Credit Institute (ICO) and other public banks to finance expansion, modernization and internationalization projects.

Innovation and Technology Support Programs

• Center for the Development of Industrial Technology (CDTI): Financing of R+D+i projects that contribute to technological development and competitiveness.
• Madri+d: Programmes to support technology transfer, cooperation between universities and companies and the creation of technology-based companies.
• Internationalization Grants
• ICEX España Exportación e Inversiones: Programs designed to help Spanish companies promote their products and services abroad, including international fairs, trade missions and personalized internationalization plans.
• Cámara de Comercio de Madrid: It offers advice, training and financial support for international expansion projects.

Support for specific sectors

• Tourism: Incentives for the renovation and modernisation of tourist infrastructures and for the promotion of Madrid as a tourist destination.
• Cinema and Audiovisual Media: Grants for the production of films, series and other audiovisual projects as part of the strategy to develop Madrid as a media production hub in Europe.

Employee Training

Ayuntamiento de Madrid offers numerous opportunities for the continuous training of employees, essential to maintain competitiveness in a globalized market. Additionally, companies can access:

• Subsidized Programs: Through SEPE and Comunidad de Madrid, companies can benefit from subsidized courses that range from specific technical skills to management and leadership competencies.
• Vocational Training Centers and Universities: These centers offer training programs in collaboration with companies to ensure that teaching is aligned with the needs of the labor market.
• Madrid Capital Mundial de la Construcción, Ingeniería y Arquitectura (MWCC) highlights training as a key tool for talent development. Promote collaboration between universities and companies to drive social and business growth. Courses are offered on relevant topics, such as internationalization, raising European funds, and conflict resolution through arbitration, among others. This training is designed to improve capabilities in strategic sectors and take advantage of opportunities such as Next Generation funds.
• The Network of Vocational Training Centres for Employment has specialised courses in sectors such as information technology, administration, electricity, building, among others. They also promote continuous training and have certificates of professionalism with associated non-work practices.

Recruitment of Personnel

Job Fairs and Networking Events: These are ideal opportunities for companies to find fresh talent specific to their needs. Madrid hosts numerous events of this type, facilitating the meeting between companies and potential employees.

Local Job Portals: These are crucial tools for posting job openings and receiving applications. In our employment section you will access all the relevant information about this type of portal.

The Hero Camp

The Hero Camp offers a training service for companies designed to boost employees’ digital and technological skills. Through customized programs, they help companies improve their teams’ skills in areas such as programming, web development, UX/UI design, and project management. In addition, they integrate training in soft skills such as leadership and teamwork, adapting the content to the specific needs of each organization, which optimizes performance and innovation within companies.

Keep Coding

KeepCoding offers a personalized training service for companies focused on improving the technological skills of teams. They specialize in advanced areas such as programming, cybersecurity, software development, and data science. The courses are designed to meet the specific needs of each company, with intensive programs that allow employees to acquire up-to-date technical skills in a practical and efficient way. KeepCoding also offers distance and face-to-face training, adapting the content to the demands of the current market.

Euronext

Euronext has IPOready, its pre-IPO program (in previous editions called Techshare) designed for companies with a technological profile and international ambition that can consider an IPO within 1 to 3 years. The 2025 edition will be the 7th edition of this programme in Spain (10th at European level). There are already more than 60 Spanish companies that have participated and have had the help of their top-level partners.

Madrid is not only a local business hub, but also a launching point for international expansion. Companies in Madrid can take advantage of:

• ICEX grants: Financing and technical support programmes for companies seeking to export their products or establish themselves in international markets.
• Cámara del Comercio Programs: Include trade missions, international trade fairs, and training in export strategies.

International Network

• Consulates and Embassies: Located in Madrid, they offer valuable advice and connections to facilitate trade agreements and better understand the legal and cultural requirements of different markets.

Legal resources for foreigners

This section includes direct links to official institutions that will help you process, renew or regularize your situation whether you are a community citizen or a non-EU citizen, facilitating access to the resources you need to settle in Madrid.

• Municipal Information Offices:: The Municipal Information, Guidance and Support Offices for the Social Integration of the Immigrant Population are a municipal device of the Ayuntamiento de Madrid managed La Rueca Asociación with free and open access, in which a team of professionals is in charge. to give immediate attention.
• Immigrant Participation and Integration Center: The Immigrant Participation and Integration Centers have among their objectives, and as a priority, the provision of a service for the integration and social inclusion of the immigrant population, especially the implementation of training actions and courses training for employment, to facilitate their labor insertion.
• Immigration Help: With information on frequently asked questions and a space for questions and incidents.
• Homologation of foreign degrees: On this website you will find information about the process of homologation of foreign higher education degrees to official Spanish bachelor’s or master’s degrees, including the requirements, procedures and regulations applicable for recognition in Spain, according to Royal Decree 889/ 2022.

CEOE (Spanish Confederation of Business Organizations)

• • Representation and Lobby: The CEOE represents companies before the government, the EU and other international forums, advocating for policies that benefit the business environment.
  • Legal and Economic Advice: Offers consulting services on labor, tax and market regulations.

CEIM (Business Confederation of Madrid)

• • Localized Support: As part of the CEOE, CEIM focuses specifically on addressing the needs and challenges of companies within the Community of Madrid. It offers specialized services that are more adapted to the local context and legislation.
  • Training and Development Programs: CEIM organizes training programs designed to improve the skills of entrepreneurs and employees, with a particular focus on innovation and digitalization. It also promotes initiatives to improve employability and facilitate access to talent.

Cámara de Comercio de Madrid

• • Business Services: It offers everything from business training to advice on internationalisation and digitalisation.
  • Networking and Events: Organizes regular events that allow entrepreneurs to expand their network of contacts and find new business opportunities.

These structures and services are essential for any business looking to establish or expand in Madrid, providing the tools and support needed to thrive in a competitive economic environment both locally and internationally.

Madrid offers a vibrant and investment-friendly environment, with a strong economy, a dynamic job market, and a strategic location in Europe. The city attracts investors from all over the world thanks to its open business climate, top-notch infrastructure, and a local government that actively supports both local and foreign investment.

Resources and Support Offices

• Foreign Investor Assistance Office: This office offers a single point of contact for foreign investors, providing assistance in all aspects related to investing in Madrid. From guidance on regulatory procedures to support in the search for suitable investment opportunities.
• Invest in Madrid: A service provided by the Community of Madrid that provides information, support and comprehensive advice to investors considering establishing or expanding their business in the region.