Barcelona should have global ambition, by Tània Vié

They say that numbers don't lie. Despite all the uncertainty over Brexit, the United Kingdom is still one of the best countries for startups. Several factors are in its favor: little bureaucracy, a return of up to 13% on R&D, and a corporation tax that is one of the lowest in the G20. In addition, tax benefits for both entrepreneurs and investors make it even more attractive in financial terms. All this and much more means that London attracts international talent in droves.

“Barcelona is also a benchmark. There are many local entrepreneurs and many successful startups were founded in the city, which makes it particularly attractive for internationals,” says Tania. However, starting a company in Barcelona is laborious and requires a lot of paperwork. In addition, more tax breaks are needed to help attract talent and international capital. If bureaucracy could be reduced and startup times accelerated, “Barcelona would assure itself of a place as a major center for international entrepreneurs,” adds Tania.

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