Spain has a great business landscape that encourages entrepreneurs from across the globe to start their initiatives here. With great infrastructure, a talented labor force, and an entrepreneurial ecosystem, Spanish cities like Barcelona or Madrid, are attractive places to kick-off your business venture.

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Spain Geography, Culture, and Economy

The kingdom of Spain is located on the Iberian Peninsula of Europe and is the second-largest country in the European Union. Spain became the world’s first global empire during the second millennia, leaving a cultural and linguistic legacy that now comprises almost 600 million Spanish speakers around the world, making it the second most spoken language on the planet, after Mandarin Chinese.

Spain has one of the largest economies in the world and is part of the eurozone. However, it continues to suffer from weak employment rates, largely as a result of its big informal economy and a relatively poor education system in comparison to others amongst OECD nations.

Tourism is a big part of its economy, making it the second most visited country in the world. Its geographic location, attractive climate, history, and vibrant culture bring in enough tourist dollars to make the industry almost 5% of the country’s total GDP.

With a population of 46 million (largely Roman Catholics), Spain has several centers of population, including its capital Madrid, as well as cities such as Barcelona, Sevilla, Valencia, and Bilbao. There are distinct ethnic and linguistic identities represented within the nation, including the Basques, Catalans, Galicians, and Andalusians.

2021
April 2Good Friday
May 1Labor Day / May Day
August 15Assumption of Mary
August 16Assumption observed
October 12Hispanic Day
December 6Constitution Day Holiday
December 8Immaculate Conception
December 25Christmas Day
  • S.A. (Sociedad Anónima)
  • S.L. (Sociedad Limitada)
  • S.L.N.E. (Sociedad Limitada Nueva Empresa)
  • S.A.D. (Sociedad Anónima Deportiva)
  • S.L.L. (Sociedad Limitada Laboral)
  • S.C. (Sociedad Colectiva)
  • S.C.P. (Sociedad Civil Privada)
  • S.Cra. (Sociedad Comanditaria)
  • S.Coop. (Sociedad Cooperativa)
  • Corporate Tax: 25% (in mainland), 4% (in Canary Islands)
  • Income Tax (Lowest Marginal Rate): 19%
  • Income Tax (Highest Marginal Rate): 52% (in Navarre), 45% (in mainland)
  • VAT/GST/Sales Tax: 21% (standard rate), 10% or 4% (reduced rates)
  • Major banks (Local Bank)
  • Banca March (Local Bank)
  • Banca Pueyo (Local Bank)
  • BBVA (Local Bank)
  • Banco Caixa Geral (Local Bank)
  • Bancofar (Local Bank)
  • Banco Pastor (Local Bank)
  • Banco Popular Español (Local Bank)
  • Banco Sabadell (Local Bank)
  • Banco Santander (Local Bank)
  • Bankia (Local Bank)
  • Bankinter (Local Bank)
  • Bankoa (Local Bank)
  • CaixaBank (Local Bank)
  • Deutsche Bank (Local Bank)
  • EVO Banco (Local Bank)
  • ING Direct (Local Bank)
  • Novo Banco (Local Bank)
  • Popular Banca Privada (Local Bank)
  • Renta 4 Banco (Local Bank)
  • Targobank (Local Bank)
  • Triodos Bank (Local Bank)
  • Cajas (savings banks) (Commercial Bank)
  • Bilbao Bizkaia Kutxa (BBK) (Commercial Bank)
  • CAM (Commercial Bank)
  • Caixa de Balears, “Sa Nostra” (Commercial Bank)
  • Caixa de Catalunya (Commercial Bank)
  • Caixa de Manresa (Commercial Bank)
  • Caixa Rural Galega (Commercial Bank)
  • Caixa de Terrassa (Commercial Bank)
  • Caixa d’Estalvis i Pensions de Barcelona, “la Caixa” (Commercial Bank)
  • Caixa Galicia (Commercial Bank)
  • Caixa Penedès (Commercial Bank)
  • Caixa Tarragona (Commercial Bank)
  • Caja Cantabria (Commercial Bank)
  • Caja Circulo (Commercial Bank)
  • Caja de Arquitectos (Commercial Bank)
  • Caja de Burgos (Commercial Bank)
  • Caja de Ingenieros (Commercial Bank)
  • Caja Duero (Commercial Bank)
  • Caja España (Commercial Bank)
  • Caja Madrid (Commercial Bank)
  • Caja Murcia (Commercial Bank)
  • Caixa Ontinyent (Commercial Bank)
  • Caja Navarra (Commercial Bank)
  • Caja Vital (Commercial Bank)
  • Cajastur (Commercial Bank)
  • Cajasur (Commercial Bank)
  • Kutxa (Commercial Bank)
  • Unicaja (Commercial Bank)

Aadmi can support you with your expansion to Spain. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

Netherlands History, Geography, Culture, and Economy

The Kingdom of Netherlands is a modern European country, formerly colonized by Spain up till the 16th century. It was an instituting member of both the NATO and EU and contributed to the introduction of the Euro. Bordering Belgium (which was initially part of it), as well as Germany, Netherlands has a land area of over 41,000 square kilometers. It is composed of coastal lowlands and under-sea-level polders, which add to its total agricultural landmass. The area comprising the four large cities of Amsterdam, Rotterdam, The Hague, and Utrecht is the most densely populated.

The Dutch, followed by people from other EU states and Turkey, comprise the largest ethnic groups in the Netherlands, and Christianity is the most practiced religion. Over 91 percent of the country’s population lives in urban areas. The Netherlands has a parliamentary constitutional monarchy with four countries represented, namely Netherlands, Aruba, Curacao, and Sint Maarten. The country has a per capita GDP of $52,799 and a population of 16.8 million people. Agriculture and fishing are its largest exports. Trade-in goods and services make up 83 percent of their GDP.

2021
April 2Good Friday
April 4Easter Sunday
April 5Easter Monday
April 27King’s Birthday
May 5Liberation Day
May 13Ascension Day
May 23Whit Sunday
May 24Whit Monday
December 25Christmas Day
December 26Second Day of Christmas
  • Stichting
  • Coöperatie
  • Onderlinge waarborgmaatschappij
  • Mij (Maatschappij)
  • Mts (Maatschap)
  • Eenmanszaak
  • vof (Vennootschap onder firma)
  • cv (Commanditaire vennootschap)
  • bv (Besloten vennootschap)
  • nv (Naamloze vennootschap)
  • Corporate Tax: 25% (on profits over €250,001), 20% (not over €250,000)
  • Income Tax (Lowest Marginal Rate): 36.55% (first €21,103 per year is deductible)
  • Income Tax (Highest Marginal Rate): 49.50% + reduction of deductions (arbeidskorting and general korting)
  • VAT/GST/Sales Tax: 21% (standard rate), 9% (essential and selected goods)
  • Amsterdam Trade Bank (Local Bank)
  • Anadolubank Nederland N.V. (Local Bank)
  • ASN Bank (Local Bank)
  • Bank Mendes Gans (Local Bank)
  • Bank Nederlandse Gemeenten (Local Bank)
  • BinckBank (Local Bank)
  • bunq (Local Bank)
  • Credit Europe Bank (Local Bank)
  • Demir Halk Bank (Local Bank)
  • Friesland Bank (Local Bank)
  • GarantiBank International NV (Local Bank)
  • GE Artesia Bank (Local Bank)
  • Kempen & Co (Local Bank)
  • Knab (Local Bank)
  • Nederlandse Waterschapsbank (Local Bank)
  • Netherlands Development Finance Company (Local Bank)
  • NIBC Bank (Local Bank)
  • SNS Bank (Local Bank)
  • Triodos Bank (Local Bank)
  • Van Lanschot (Local Bank)
  • Yapi Kredi Bank Nederland N.V. (Local Bank)
  • Deutsche Bank (State Bank)
  • Royal Bank of Scotland (State Bank)
  • Argenta (State Bank)

Aadmi can support you with your expansion to Netherlands. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

France is located in western Europe, bordering the English channel to the north-west, the North Sea to the north, the nations of Monaco, Spain, Andorra and the Mediterranean sea to its South, Belgium and Luxembourg on the northeast, and Germany, Switzerland, and Italy directly to the east. The country also has a long colonial past with many regions and countries under its purview for centuries. After the French Revolution of the 18th century, France pioneered in democracy. It now has a presidential democracy and is among the strongest nations in Europe and key in the sustainability of the European Union.

Modern French people are Celtic and Latin with Teutonic, North African, Asian, Slavic, and Islamic minorities. France has welcomed refugees from countries ranging from the Czech Republic to Cambodia. It has a 99 percent literacy rate, and 90 percent of the French people are Roman Catholics. Major industries in France are telecommunication, agriculture, tourism, machinery, steel, and chemicals. The official language is French.

2021
April 5Easter Monday
May 1Labor Day / May Day
May 8WWII Victory Day
May 13Ascension Day
May 24Whit Monday
July 14Bastille Day
August 15Assumption of Mary
November 1All Saints’ Day
November 11Armistice Day
December 25Christmas Day
  • Micro-entreprise
  • Auto-entrepreneur
  • Profession libérale
    Sociétés d’exercice libéral [fr]: the incorporated equivalent of the latter, sole shareholder limited liability being key
  • FCP (Fonds commun de placement)
  • Société d’investissement à capital fixe
  • SICAV (Société d’investissement à capital variable)
  • GIE (Groupement d’intérêt économique)
  • Association non-déclarée
  • Association déclarée
  • SEP (Société en participation)
  • SNC (Société en nom collectif)
  • SCS (Société en commandite simple)
  • SCA (Société en commandite par actions)
  • SCI (Société Civile Immobilière)
  • SARL, SàRL (Société à responsabilité limitée)
  • EURL (Entreprise unipersonnelle à responsabilité limitée)
  • SA (Société anonyme)
  • SCOP (Société coopérative de production)
  • SEM (Société d’économie mixte)
  • SAS (Société par actions simplifiée)
  • SASU (U- unipersonnelle)
  • Corporate Tax: 26.5% (on profits over €38,120), 15% (not over €38,120)
  • Income Tax (Lowest Marginal Rate): 0%
  • Income Tax (Highest Marginal Rate): 45% (+ 4% tax on high incomes, or incomes over €500,000)
  • VAT/GST/Sales Tax: 20% (standard rate), 10% (restaurants, transportation and tourism services), 5.5% (utilities), 2.1% (press)
  • Credit Agricole (Local Bank)
  • Crédit du Nord (Local Bank)
  • Caisse d’Epargne (Local Bank)
  • Dexia Credit Local de France (Commercial Bank)
  • BNP Paribas (State Bank)
  • Credit Agricole (State Bank)
  • Societe Generale (State Bank)
  • CIC (State Bank)
  • Caisse D’Epargne (State Bank)
  • Banque Populaire (State Bank)
  • Credit Mutuel (State Bank)
  • La Banque Postale (State Bank)
  • LCL (State Bank)
  • Credit Lyonnais (LCL) Bank (State Bank)
  • Axa Banque (Foreign Bank)
  • Barclays France (Foreign Bank)
  • Deutsche Bank France (Foreign Bank)
  • HSBC France (Foreign Bank)
  • JP Morgan France (Foreign Bank)
  • Citibank (Foreign Bank)
  • Natixis Bank (Foreign Bank)
  • Banque Martin Maurel (Private Bank)
  • Crédit Mutuel (Private Bank)
  • Societe Generale  (Private Bank)
  • Banque Transatlantique (Private Bank)

Aadmi can support you with your expansion to France. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

Trinidad and Tobago Economy, Politics, Geography, and Culture

Trinidad and Tobago is an island nation and one of the wealthiest countries in the Caribbean, thanks to its large reserves of oil and gas. Its population is primarily people of African and Indian descent. It gained independence from Britain in the 1960s, becoming a republic in 1976.

The country comprises two main islands, Trinidad and Tobago, separated by a 30 km straight. It has a maritime tropical climate and large biodiversity of plant and animal life. Trinidad and Tobago are well known for its large number of bird species and is a popular destination for bird watchers who come to observe species like the scarlet ibis, cocrico, egret, shiny cowbird, bananaquit, and oilbird.

The main languages spoken include English and Creole, as well as Indian languages such as Hindi and Hindustani. Christianity is practiced by the majority of the population, with Hinduism a close second. Cricket is considered a national sport with strong rivalry with its Caribbean neighbors.

2021
March 30Spiritual Baptist Liberation Day
April 2Good Friday
April 5Easter Monday
May 13Eid al-Fitr
May 30Indian Arrival Day
May 31Indian Arrival Day observed
June 3Corpus Christi
June 19Labour Day
August 1Emancipation Day
August 2Emancipation Day observed
August 31Independence Day
September 24Republic Day
November 4Diwali/Deepavali
December 25Christmas Day
December 26Boxing Day
December 27Boxing Day observed
  • Limited Liability
  • Corporation
  • Partnership
  • Corporate Tax: 25%
  • Income Tax (Lowest Marginal Rate): 0%
  • Income Tax (Highest Marginal Rate): 25%
  • VAT/GST/Sales Tax: 12.5%
  • Bank of Baroda (Trinidad and Tobago)
  • CIBC FirstCaribbean International Bank
  • Citi
  • First Citizens Bank
  • JMMB Bank (Trinidad and Tobago)
  • RBC Royal Bank
  • Republic Bank
  • Scotiabank Trinidad and Tobago

Aadmi can support you with your expansion to Trinidad and Tobago. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

Puerto Rico Geography, Politics, and Culture

The Commonwealth of Puerto Rico is considered an unincorporated territory of the United States of America. It is an island with the Atlantic Ocean and the Caribbean Sea surrounding it. Originally inhabited by the indigenous Taíno people, Puerto Rico was colonized by Spain following the arrival of Christopher Columbus in 1493. Puerto Ricans have been American citizens since 1917; however, they do not have a vote in Congress or in Presidential elections.

Puerto Rico has a tropical rainforest climate, as well as sandy beaches along the coast. Tourism has been a very important part of its economy, although recently devastated by Hurricane Maria. Modern Puerto Rican culture is a mix of European, African, North, and South American influences. The official languages are Spanish and English and Catholicism, the dominant religion.

2021
April 2Good Friday
May 9Mothers’ Day
June 20Fathers’ Day
July 25Constitution Day
July 26Constitution Day observed
November 25Thanksgiving Day
December 25Christmas Day
  • Limited Liability
  • Corporation
  • Partnership
  • Corporate Tax: 20%
  • Income Tax (Lowest Marginal Rate): 0%
  • Income Tax (Highest Marginal Rate): 33.34%
  • VAT/GST/Sales Tax: 11.5%
  • FirstBank
  • Banco Popular
  • Oriental Financial Group
  • Scotiabank of Puerto Rico
  • Banco Santander
  • Caribe Federal Credit Union
  • Citibank NA (Puerto Rico)
  • Pentagon Federal Credit Union
  • JetStream Federal Credit Union

Aadmi can support you with your expansion to Puerto Rico. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

Panama Politics, Geography, and Culture

Located in Central America, Panama was originally home to indigenous tribes at the time of the Spanish conquest in the 16th century. Following independence from Spain, it joined an alliance eventually known as the Republic of Colombia. However, it subsequently seceded from Colombia, paving the way for the Panama Canal to be built by the US Army Corps of Engineers between 1904 and 1914. Income from canal tolls continues to represent a significant part of Panama’s GDP.

Panama has distinct geography with its central line of mountains and hills forming the continental divide. Its wildlife is considered the most diverse in the region and is home to many South American species such as several varieties of monkeys like white-faced capuchins and squirrel monkeys, as well as Geoffroy’s tamarin which are unique to its land. Its jungles contain big cats such as jaguars and pumas while its coral reefs sport a multitude of tropical fish.

The majority of Panamanians speak Spanish as their first language while native languages such as Ngäbere are spoken widely in the tribal territories.

2021
April 2Good Friday
May 1Labor Day / May Day
November 3Independence Day
November 5Colon Day
November 10Shout in Villa de los Santos
November 28Independence from Spain
December 8Mother’s Day
December 25Christmas Day
  • Limited Liability
  • Corporation
  • Partnership
  • Corporate Tax: 25%
  • Income Tax (Lowest Marginal Rate): 0%
  • Income Tax (Highest Marginal Rate): 27%
  • VAT/GST/Sales Tax: 7% (standard rate), 15% (tobacco), 10% (alcohol and hotels), 5% (essential goods)
  • National Bank of Panama
  • Caja de Ahorros
  • Banco General
  • Citibank
  • CrediCorp Bank
  • Global Bank
  • MultiBank
  • Scotia Bank
  • Unibank

Aadmi can support you with your expansion to Panama. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

Honduras Geography, Culture, and Economy

A country in Central America, Honduras is bordered by Guatemala and El Salvador. Colonized by Spain in the 16th century, Roman Catholicism and indigenous customs blended over the years to create their current culture. Ethnic groups are primarily Mestizo, along with a smattering of Amerindian, blacks and whites. It is also one of the poorest nations in Central America, relying primarily on agriculture for its economy. Honduras is unfortunately also beset by corruption, a military regime, crime, and poverty, making it one most politically unsteady nations in Central America.

Honduran culture includes renowned painters such as Velásquez and a popular cuisine that is a mix of several different influences from Europe and Africa.

2021
April 1Maundy Thursday
April 2Good Friday
April 3Holy Saturday
April 14America Day
May 1Labor Day / May Day
September 15Independence Day
October 3Morazan’s Day
October 12Columbus Day
October 21Army Day
December 25Christmas Day
  • Limited Liability
  • Corporation
  • Partnership
  • Corporate Tax: N/A
  • Income Tax (Lowest Marginal Rate): N/A
  • Income Tax (Highest Marginal Rate): N/A
  • VAT/GST/Sales Tax: N/A
  • Banco Atlantida (Commercial Bank)
  • Banco FICOHSA (Commercial Bank)
  • Banco de Occidente (Commercial Bank)
  • Banco del Pais (Commercial Bank)
  • Banco BAC-Bamer (Commercial Bank)
  • Banco Promerica (Commercial Bank)
  • Banco de Los Trabajadores (Commercial Bank)
  • Banco Popular (Commercial Bank)
  • Banco Azteca (Foreign Bank)
  • Lloyds Bank (Foreign Bank)
  • HSBC (Foreign Bank)

Aadmi can support you with your expansion to Honduras. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

Haiti Geography, History, and Culture

Haiti is a country in the Caribbean, on the island of Hispaniola, which it shares with the Dominican Republic. As the poorest nation in the Western hemisphere, it is further impeded in its progress by its susceptibility to natural calamities (such as a devastating earthquake in 2010), as well as many other hurdles against economic development. It was the first independent nation in the region, having led the first successful revolt against slavery in the 18th century. The rebellion began in 1791, led by a former slave and the first black general in the French Army, Toussaint Louverture.

Haiti’s population is estimated at 10.6 million, with several racial and ethnic groups, with blacks comprising the majority. Both French and Creole are the nation’s official languages. Haiti has a rich and diverse cultural identity, with influences from Spain, France and Africa. Festivals such as Carnival play a major role in Haitian religious and cultural traditions.

2021
April 2Good Friday
May 1Agriculture and Labor Day
May 18Flag Day/University Day
May 30Mother’s Day
October 17Dessalines Day
November 18Vertières Day
December 25Christmas Day
  • Limited Liability
  • Corporation
  • Partnership
  • Corporate Tax: 30%
  • Income Tax (Lowest Marginal Rate): 0%
  • Income Tax (Highest Marginal Rate): 30%
  • VAT/GST/Sales Tax: 10%
  • Fonkoze (Local Bank)
  • Capital Bank (Haiti) (Commercial Bank)
  • Sogebank (Commercial Bank)
  • Capital Bank: Bank of New York (NY) (Foreign Bank)
  • BPH: Bank of America (NC), Citibank International (NY) (Foreign Bank)
  • BUH: Bank of New York (NY) , First Union (FL) (Foreign Bank)
  • BNC: Bank of New York (NY)(NC) (Foreign Bank)
  • Sogebank:  Bank of America (FL and NY) (Foreign Bank)
  • Unibank: Bank of America (FL), Bank of New York (NY), JPMorgan Chase Bank (FL) (Foreign Bank)
  • Banque de l’Union Haïtienne (Private Bank)
  • Unibank (Haiti) (Private Bank)
  • Citi  (Private Bank)

Aadmi can support you with your expansion to Haiti. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

Once a central part of the Mayan civilization, modern Guatemala got its independence from Spain in 1821. It is a Central American country bordered by Mexico to its north and El Salvador to its south. Guatemala is the most populated nation in Central America with agriculture accounting for 13.5% of the GDP. The country primarily exports products like sugar, vegetables, coffee, and bananas. Unfortunately, over half their national population lives below the poverty line and about 23% live in extreme poverty.

With a population of 15.4 million, Guatemala has several ethnic groups including Mestizo and European (60%), Maya (39.3%), and non-Mestizo and Non-Maya. Spanish is the main language followed by Mayan languages. Religion in Guatemala includes Roman Catholic, Indigenous Mayan beliefs and Protestant Christianity. Guatemala is also known for its rich biodiversity and ecosystems, including several species that are endemic to the region. Resulting from political instability, lack of economic opportunities, and natural disasters, Guatemalans have a history of both legal and illegal immigration to neighboring countries.

2021
April 1Maundy Thursday
April 2Good Friday
April 3Easter Saturday
May 1Labor Day
June 28Army Day Holiday
September 15Independence Day
October 12Dia de la raza
October 20Revolution of 1944
November 1All Saints’ Day
December 24Christmas Eve
December 25Christmas Day
December 26Boxing Day
December 31New Year’s Eve
  • y Cía. S. C. (Sociedad Colectiva)
  • y Cía. S. en C. (Sociedad en Comandita Simple)
  • Cía. Ltda. (Sociedad de Responsabilidad Limitada)
  • S. A. (Sociedad Anónima)
  • Cía. S. C. A (Sociedad en Comandita por Acciones)
  • Corporate Tax: 25%
  • Income Tax (Lowest Marginal Rate): 5%
  • Income Tax (Highest Marginal Rate): 7%
  • VAT/GST/Sales Tax: 12%
  • Agromercantil
  • Azteca Bank
  • Bank of Antigua
  • BAC Bank
  • Citi Bank
  • Credito Hipotecario Bank
  • De Credito Bank
  • Bantrab Bank
  • G&T Continental Bank
  • Industrial bank
  • Inmobiliario Bank
  • Internacional Bank
  • Ficohsa Bank
  • Reformador Bank
  • Vivibanco Bank

Aadmi can support you with your expansion to Guatemala. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.