Contents

Introduction………………………………………………………………...3

Chapter 1. Legal framework for business…………………………..……...6

1.3 Content of financial data…………………………………………….....8

Chapter 2. Doing business in Spain………………………………..……..10

2.3 Purchasing real estate…………………………………………………14

Chapter 3. Spanish tax system ……………………………………..…….17

Conclusions…………………………………………………………...…..33

References…………………………………………………………...……35

Introduction

Given the economic transition of Spain to the market, significantly expanding the rights of enterprises in financial and economic activity increases significantly the role of timely and qualitative analysis of the financial status of enterprises, assess their liquidity, solvency and financial stability and finding ways to improve and strengthen financial stability.

Urgency of the theme. The financial condition of the enterprise depends on the results of its manufacturing, commercial and financial activity. First the financial status of enterprises positively affect the smooth production and sale of high quality products. In general, the higher values of the production and sale of products and services and lower their cost, the higher profitability of the company, which will positively affect its financial condition. Nerytmichnist manufacturing processes, product quality deterioration, difficulty with its implementation result in the decrease of funds to the enterprise, resulting in worsening its solvency. There is a feedback, because of lack of funds could lead to disruptions in the provision of material resources, hence the manufacturing process. Financial activity should be aimed at ensuring regular revenue and effective use of financial resources, compliance and settlement of credit discipline, and achievement of rational ratio of own and borrowed funds, financial stability for the effective functioning of the enterprise.

In summary financial planning is the forecast of the future, building a model of active, desired and planned future financial situation of the enterprise with simultaneous construction of roads, installation tools and timing to achieve this state, and end boundaries of the planned actions. Financial plans are almost always focused on clearly defined goals include intermediate results and reflect the kinds and amounts of financial resources spent to achieve the planned objectives.

Thus, financial condition - is one of the most important characteristics of each enterprise.

The purpose of course work is to investigate the financial condition of the enterprise planning, seeking reserves increase profitability and strengthen the commercial calculation as the basis for stable operation of the company and implementing its obligations to the budget, the Bank and other institutions.

The main objectives of financial planning are:

- The study of profitability and financial sustainability of the enterprise

- Study the effectiveness of using property (equity) company, providing working capital of their own;

- The status of the entity in the financial market and quantitative assessment of its competitiveness;

- Determining the effectiveness of using financial resources.

Financial condition to be systematic and comprehensive estimate using different methods and techniques of analysis. This will allow critical evaluation of financial performance of enterprises both in statics for a certain period, and in the end - for a number of periods will help identify "pain points" in financial activities and how to effectively use financial resources, their efficient allocation. Inefficient use of financial resources results in low solvency and, consequently, to possible disruptions in supply, production and sale of products to non plan profit decline Profitability to the threat of economic sanctions.

Object of study - financial planning for businesses

The subject of research of course work is the financial planning business and ways to improve its performance.

Concluding the consideration of the nature of the financial state of enterprises planning to note that the necessity and importance of planning due to the need of systematic analysis and improvement of market relations in transition to self-support, self-financing, the need to improve the use of financial resources, and finding reserves of financial stability the company.

Conclusions

Financial standing - the most important characteristics of economic activities of the enterprise. It reflects the competitiveness of the enterprise, its potential for doing business, assesses the extent to which guaranteed the economic interests of the enterprise and its partners for financial and other relationships.

Investigations of ways to improve the financial condition of the company allowed to make certain conclusions concerning the main directions of improving the financial condition of the enterprise and its financial strategy. The financial condition of the company - a real (for a fixed time) and the potential financial capability of companies to provide some level of financing activities, self and liabilities of the enterprises and the state.

Quantitatively it measured system performance for which is its valuation. The importance of the objectives of assessing the financial condition of the enterprise is its information provision. One of the most important characteristics of the financial condition of the company is financial stability. It is formed during the whole business.

Financial stability - is a state of financial resources so that enterprise, free cash maneuvering, could by their effective use to ensure a continuous process of production activities and its expansion and upgrade. The highest financial stability are companies that use only equity (ratio of autonomy is one). However, this limits the pace of their development (as can not provide the necessary additional amount of assets during periods of favorable market) and they do not use the financial ability to increase profits on invested capital.

Search of effective management of financial resources and ensure their integration into a real market economy makes the need to develop a financial strategy at this stage of enterprise development.

Thus, ways of improving financial planning business has become:

- The use of financial planning with sufficient information base that would meet the requirements of the manager as the number and quality.