help needed please on business licences

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help needed please on business licences


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Old 5th July 2011, 05:38 PM
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Default help needed please on business licences

hola people,
can any tell me a ball part figure for buying a licence for a new small business in tenerife, and can it be payed monthly. Its for a milkshake shop etc.
many thanks.

regards marc

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Old 6th July 2011, 01:00 PM
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hola people,
can any tell me a ball part figure for buying a licence for a new small business in tenerife, and can it be payed monthly. Its for a milkshake shop etc.
many thanks.

regards marc
A friend of mine leased a cafe on the mainland. He had to pay an amount as "key money" (I dont know how much, but it was in the 10x1000,s), then he had to pay on a monthly basis, rent, licences, he had to pay a health and safety company, permissions from the ayuntamiento to allow him to have chairs outside, money for the rubbish collections, bills etc..... His monthly costs seem to go on forever. The only amount he had to pay up front was the key money tho, the rest was monthly!

Jo xxx

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Old 21st July 2011, 11:24 PM
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A friend of mine leased a cafe on the mainland. He had to pay an amount as "key money" (I dont know how much, but it was in the 10x1000,s), then he had to pay on a monthly basis, rent, licences, he had to pay a health and safety company, permissions from the ayuntamiento to allow him to have chairs outside, money for the rubbish collections, bills etc..... His monthly costs seem to go on forever. The only amount he had to pay up front was the key money tho, the rest was monthly!

Jo xxx
Hi jojo
Thanks for reply sorry iv only just got back from Tenerife prices seem very fair an to do what i want to do is not to much, I'll only have five tables as it's more a take out place. Also there are good incentives for a new business we leave next spring and start the hard work. The main thing i kept hearing was Tenerife is so diffrent to main land Spain. Eg we pay I'n an can get child benefit for our baby till she's 3, not that it matters but helps. Gestor was so helpfully. Cheers marc

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Old 22nd July 2011, 06:03 AM
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Hi jojo
Thanks for reply sorry iv only just got back from Tenerife prices seem very fair an to do what i want to do is not to much, I'll only have five tables as it's more a take out place. Also there are good incentives for a new business we leave next spring and start the hard work. The main thing i kept hearing was Tenerife is so diffrent to main land Spain. Eg we pay I'n an can get child benefit for our baby till she's 3, not that it matters but helps. Gestor was so helpfully. Cheers marc
I dont know qbout spanish child benefit, but you may get something reduced from your autonomo payments, but you can only claim from the uk if you are paying tax and NI from there and if thats the case, you can claim for both children.

Keep us posted tho, and any other info let us now

Jo xxx

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Old 22nd July 2011, 07:14 AM
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I dont know qbout spanish child benefit, but you may get something reduced from your autonomo payments, but you can only claim from the uk if you are paying tax and NI from there and if thats the case, you can claim for both children.

Keep us posted tho, and any other info let us now

Jo xxx
there's a tax break if you have kids - not a child benefit payment like in the UK - maybe that's what he means.......

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Old 22nd July 2011, 11:50 AM
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Yes must be what he meant. Any tips advice would be great guys.
Regards marc

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Old 22nd July 2011, 11:55 AM
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Marc, you wont like my tip, but it would be start a milk shake bar up first of all in the Uk and see how it goes. If it works in somewhere that you know and understand, then you can take some of that knowledge with you and be able to adjust to the spanish way of doing things much easier. Starting a business in a strange country, with strange rules and regulations and licences, not to mention the language differences and habits is too much unnecessary pressure on a family

Jo xxx

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Old 22nd July 2011, 05:21 PM
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Originally Posted by marcspain
hola people,
can any tell me a ball part figure for buying a licence for a new small business in tenerife, and can it be payed monthly. Its for a milkshake shop etc.
many thanks.

regards marc
Are you buying an existing business, empty locale or what? What's the monthly rent? How much is the basura tax? Will you have a pavement tax? Will you have to decorate or furnish it? Have you found a wholesaler- what do they charge? How much is your accountant going to cost each month? What's your advertising budget for your first year? Whats the monthly outgoings- electric (not cheap in Spain now), water, shop insurance, phone, car & car insurance, tax, petrol, Are you renting a property to live in- again whats the monthly outgoings, rent, elec, water, phone, sky tv, Internet. State school or private for the kids? Private is expensive and state you have to buy ALL the books, pens, pads, rubbers, everything. What will you sell in the winter? What hours do you think your going to work? Is the shop down a back alley with no passing trade or frontline- expensive! If it's an existing business why are they selling? How many milkshakes will you have to sell per day to make your rent? How often do YOU go for a milkshake, because I only ever think of it if I'm in McDonalds in the UK.
Have you had a chat with other shop owners in the area your looking at? They should give you most of the advice you want and honest opinion of your idea.
I don't mean to sound rude but I would suggest you think hard about this. I can't see how you would make any money. Not on just milkshakes anyway. Sorry!!!
Good luck with whatever you decide.

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