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Spain
| Official Name |
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Kingdom of Spain (SP) |
| Capital City |
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Madrid |
| Type of Government |
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Parliamentary Monarchy |
| Currency |
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Euro (€) - EUR |
| Fiscal Year |
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Calendar year |
| Official Language(s) |
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Spanish |
| Local Time |
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GMT + 01:00 hours in winter + 02:00 hours in summer (from the last Sunday in March to the last Sunday in September) |
| International Dialling Code |
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+34 |
| Internet Domain |
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.es |
| Major Cities |
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Barcelona, Valencia, Seville, Zaragoza |
| Major Industries |
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Textiles & Apparel, Food & Beverages, Metals, Chemicals, Shipbuilding, Tourism |
| Major Trading Partners |
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EU (esp. France, Germany, Italy, Portugal, UK, Benelux), US |
| Double Taxation Treaty with India |
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YES |
Economic Overview
- The economy boomed between 1986 and 1990.
- Agricultural sector mainly contributes to the growth (fruits, vegetables and olive oil).
- Developed manufacturing industry, mainly textiles, food-processing, iron and steel, mechanical building and naval engineering sectors.
- Second most favoured tourist destination in the world.
Contacts of Trade Ministries/ Associations
Industry and Trade Council |
Australia Spain Business Association (ASBA) |
Ministry of Trade and Industry |
| Website: www.gva.es/industria/main_v.htm |
Tel.: +(34)-(981)-251754
E-mail: info@australiaspain.com
Website: www.australiaspain.com |
Level 15 Riverside Plaza
Cor. Besson & Piccadilly Streets
Port of Spain
E-mail: info@tradeind.gov.tt
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Business Visa Rules
The allowable activities of business visitors are limited to the following:
- To attend any business meetings or discussions;
- To attend any sales calls to potential client in Spain;
- To attend any seminars or "fact-finding" meetings.
The following are the requirements for Business Visitors:
- Business Visitors must have a residence and an employer outside of Spain, he/she must not be in any manner subordinate to the management of the entity doing business in Spain, and he/she must be traveling to Spain for a limited and pre-set time period.
- Business Visitors must not receive any compensation from sources within Spain; however, incidental expenses like accommodation, travel, and meals may be paid by the host.
- Business Visitors must have evidence of adequate funds to defray expenses while on the business visit.
- Business Visitors must have a specific, realistic and pre-determined plans for his or her stay in Spain.
- The period of intended stay of the visitor must be consistent with the intended purpose of the trip.
Note :-
- Business Visitors from countries where a visa is required must present supporting letters and other documents as evidence of the purpose and intended duration of their trip before they may be granted a Business Visitor Visa to enter Spain.
- The validity of the visa is 90 days within given 180 days period. Usually extension is not granted.
- No special visa category to allow foreigner to perform technical activities. It requires a work permit.
Business Hours
9.00 am to 2.00 pm & 4.30 pm to 7.30 pm - Shops (Monday to Saturday).
Note :- Office hours are generally the same as the shops but they do not open on Saturdays.
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