
How to start your business
The Community of Madrid has simplified the administrative procedures and the limitations for the opening of commercial establishments.
La Law 2/2012, of June 12, on the Dynamization of Commercial Activity in the Community of Madrid it represented a decisive push for the exercise of the activity, to the extent that it reduced the administrative obstacles existing up to that moment in relation to the opening of new establishments, in order to dynamize and make this activity more flexible. All this within a more general framework of action that pursues the promotion of business initiative and the improvement of competitiveness.
WHAT ARE THE REQUIREMENTS TO OPEN A NEW SHOP
After the proclamation of the aforementioned Law, the necessary steps to proceed with the opening of a business in the Community of Madrid are the following:
- Presentation of a responsible statement, in which the interested party states that it complies with current legislation.
- Drafting and presentation of the technical project that is appropriate in each case.
- Settlement of the rate, or price, or economic consideration that corresponds in each case.
- In this context, moreover, each merchant can freely determine the days on which they will carry out their activity.
WHAT TYPE OF SHOPS CAN USE THIS MODALITY
The Annex to Law 2/2012 includes all the businesses that are contemplated in it, but, in general terms, the existing categories are:
- Retail food trade
- Retail trade of non-food industrial products carried out in permanent establishments
- Mixed trade or integrated in large surfaces
- Mixed or integrated retail trade
- Repairs
- financial facilities
- Insurance
- Company Services
- Rental of personal property
- Personal services