{"id":37756,"date":"2022-11-22T21:00:00","date_gmt":"2022-11-22T20:00:00","guid":{"rendered":"https:\/\/www.11onze.cat\/?p=37756"},"modified":"2022-11-22T11:08:14","modified_gmt":"2022-11-22T10:08:14","slug":"new-features-create-grow-law","status":"publish","type":"post","link":"https:\/\/www.11onze.cat\/en\/magazine\/new-features-create-grow-law\/","title":{"rendered":"The new features of the “Create & Grow” Law"},"content":{"rendered":"
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Last September, the Plenary of the Congress of Deputies definitively approved the new regulations within the Recovery Plan, which aims to promote the creation of businesses, eliminate regulatory obstacles and fight against late payment.<\/strong><\/h3>\n

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It is no secret that <\/span>excessive bureaucracy, high taxes and late payments slow down entrepreneurship and business growth<\/b>. Although in recent years the process of setting up a business has become significantly simpler and cheaper, reducing the costs and time required for paperwork, authorisations and licences, as well as cutting the rate of late payments, remains an unfinished business.<\/span><\/p>\n

A World Bank <\/span>report<\/span><\/a> from 2020, which ranked the cost of starting a business in different countries around the world, <\/span>placed Spain at the European average, but twice the cost of France and Poland, and three times the cost of Portugal<\/b>. Regarding the ease of doing business, it placed Spain in 30th place out of 190 countries analysed, far behind the weight of its economy in the world.<\/span><\/p>\n

In this context, and at a time when entrepreneurship is more complicated than ever due to the current economic situation, the new Law for the Creation and Growth of Companies, better known as the “Create & Grow” Law, was finally approved on 15 September in the Spanish Congress of Deputies and aims to address and eliminate some of these problems by <\/span>facilitating the process of business creation, reducing costs and fighting against late payments<\/b>.<\/span><\/p>\n\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n

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