Spain
Membership in EU:1986
Political system:Monarchy
Capital city:Madrid
Total area: 504 782 km²
Currency:Euro (EUR)
Economy | Business Protocol | Legislative and Political System | More about the Country | Order a Business Information Report (BIR)
Economy
Statistical Office

Chamber of Commerce and Industry

Entrepreneurship in the Country

The most important activities of Spanish economy are agriculture (especially fruit and vegetables, olive oil and wine), fishing, textile and car industries, as well as tourism.
Business Directories

Local Communities

Business Protocol
Business Communication

The Spanish prefer to do business with those they know and trust.
It is important, that you spend sufficient time letting your business colleagues get to know you.
Once you develop a relationship, it will prevail even if you switch companies, since your Spanish business colleagues' allegiance will be to you, rather than the company you represent.
Face-to-face contact is preferred to written or telephone business communication.
The way you present yourself is of critical importance when dealing with Spaniards.
It is best to display modesty, when describing your achievements and accomplishments.
Business communication is formal and follows rules of protocol.
Avoid confrontation, if at all possible. Spaniards do not like to publicly admit that they are incorrect.
Trust and personal relationships are the cornerstone of business.
Spaniards, like many societies, are concerned, that they look good in the eyes of others and try to avoid looking foolish at all times.

Business Meetings

Appointments are mandatory and should be made in advance, preferably by telephone or fax.

Reconfirm in writing or by telephone the week before.

You should try to arrive on time for meetings.

The first meeting is generally formal and is used to get to know each other. Do not be surprised, if no business is actually conducted during the first meeting.

Agendas are often used, but not always needed to be followed too strict.

Make sure all your printed material is available in both English and Spanish.

Not all businesspeople speak English, so it is wise to check, if you should hire an interpreter.

Several people may speak at once. You may be interrupted while you are speaking.

Decisions are not reached at meetings. Meetings are for discussion and to exchange ideas.

Most Spaniards do not give their opinion at meetings. Therefore, it is important to watch their non-verbal business communication.

Business Negotiation

Spaniards place great importance on the character of the person, with whom they do business.
Hierarchy and rank are important. You should deal with people of similar rank to your own.
Decision-making is held at the top of the company, since this is a hierarchical country. You may never actually meet the person who ultimately makes the decision.
You may be interrupted while you are speaking. This is not an insult, it merely means the person is interested in what you are saying.
Spaniards do not like to lose face, so they will not necessarily say that they do not understand something, particularly, if you are not speaking Spanish. You must be adept at discerning body language.
Spaniards are very thorough. They will review every minute detail, to make certain it is understood.
First you must reach an oral understanding. A formal contract will be drawn up at a later date.
Spaniards expect both sides, to strictly adhere to the terms of a contract.
Legislative and Political System
President

Government

Prime Minister

Ministries

Constitutional Court

Legislation

More about the Country
Geographical Characteristics

The mainland Spain is dominated by high plateau and mountain ranges such as the Pyrenees and the Sierra Nevada. Running from these heights are several major rivers such as the Ebro, the Duero, the Tagus and the Guadalquivir. The Balearic Islands lie offshore in the Mediterranean while the autonomous Canary Islands lie off the African coast.
Languages

Spanish, also Galician and Catalan.
Short History

THE LIST OF GOVERNMENTS:

 

  • 1868 – 1874 :   Serrano Prim – First Spanish Republic,
  • 1874 – 1931 :   Restored Monarchy,
  • 1931 – 1936 :   Second Spanish Republic,
  • 1936 – 1975 :   Franco’s regime – Restored Monarchy,
  • 1975   >      :   Juan Carlos – Democracy.
Time Zone

GMT/UTC + 1
International Dialing Code

+34
Average Temperatures

July 24 0C, January 5 0C.
Opening Hours of Banks

Monday - Friday: 8.30am – 2.00/2.30pm.

 

Saturday: 8.30am – 1.00pm.

Opening Hours of Post-Offices

Monday - Friday: 8.30am – 8.30pm.

 

Saturday: 9.30am – 1.00pm.

Opening Hours of Shops

Legally permitted opening hours:

 

Monday - Saturday: 9.00/9.30am – 2.30pm and 3.30pm – 8.00pm.

Credit Cards

The following credit cards are accepted in Spain: Visa, Mastercard-Eurocard, in some shops also American Express. They are accepted in numerous hotels, restaurants and shops. Almost all petrol stations will accept credit cards.
Foreign Currency Exchange

Apart from the banks, foreign currency can be also exchanged in exchange offices, hotel receptions, tourist agencies, petrol stations and larger department stores.
Mobile Telecommunications

The country is almost entirely covered by mobile telephony signal, since the operators have concluded contracts with larger European and world operators. Mobile phones in the country are designed to function within the network of frequency bands 900 MHZ and 1800 MHZ. You can host in the following mobile networks: Movistar, Orange, Vodafone, Yoigo.
Anti Smoking Law

Anti smoking Law was passed in Spain on January 1st 2006. It bans smoking at work with no possibilities to organize special smoking areas. Smoking is also forbidden in restaurants, bars and other establishments, unless they have more than 100 m2. In such cases specially designated smoking areas are permitted.
Emergency Telephone Numbers

Police

091

Toll-free European emergency number (EEN)

112

Medical emergency

061

Fire emergency

080

Population of the State

Population of the Capital

Demographics

Religion

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