Investing in Spain: Advantages and Disadvantages<\/a><\/li>\n<\/ul>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"
The patrons exist for a long time, especially linked to cultural and scientific works. They were in charge of supporting artists and scientists through monetary contributions and materials, as well as protection thanks to their influence, in exchange for simple recognition or moral and intellectual satisfaction. At present there still exists patronage of this type, […]<\/p>\n","protected":false},"author":2,"featured_media":1926,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"
The patrons<\/strong> exist for a long time, especially linked to cultural and scientific works. They were in charge of supporting artists and scientists through monetary contributions and materials, as well as protection thanks to their influence, in exchange for simple recognition or moral and intellectual satisfaction.<\/p>At present there still exists patronage of this type, very linked to scholarships and social works, although it is not always easy to get. For this reason, other forms of investment have been raised for new entrepreneurs, such as the figure of the Business Angel<\/strong>.<\/p>Next, we will explain what they are, what tax benefits they have in their IRPF, the requirements and especially what deductions are established in Barcelona and the rest of Catalonia.<\/p>
What the Business Angels are?<\/h2>
A Business Angel is a person who provides financing to a start-up<\/strong>, usually in exchange for a shareholding. In addition to financial capital, he also contributes by providing his experience to guide the entrepreneur and his contacts.<\/p>That the business prospers will interest both parties, since the Business Angel has shares that it expects to generate a profit<\/strong> in the future, so the success of the start-up becomes its main objective. Do not confuse them with mere speculators, since they are completely involved in the project and their investments are temporary, giving way to new investors after a few years if necessary.<\/p>Business Angels invest in companies that are in the development and expansion phase and usually maintain anonymity before third parties.<\/p>
Deductions from the Business Angel<\/h2>
Bussines Angels can deduct 30% of the capital invested in the IRPF quota<\/strong>, with the maximum contribution entitled to a deduction of 60,000 Euros<\/strong>. That is, the maximum that can be deducted in each year is 18,000 Euros (30% of 60,000 Euros).<\/p>To benefit from this deduction both the entity and the investor must meet a series of requirements:<\/p>