SIA, Sommet Insight Assistant

Starting in January 2026, Spain will implement the VeriFactu Regulation, bringing significant changes to how companies generate and manage invoices. Sommet Global has prepared a simple overview to help businesses understand the practical, day-to-day impact of this new system. What Is VeriFactu? VeriFactu is a certified invoicing framework designed to ensure that invoices created in Spain are: Authentic Traceable Secure Stored and transmitted  without the possibility of manipulation The...

Expanding your business into Spain’s vibrant market is an exciting prospect, but the critical first step – choosing the right legal structure – can significantly impact your operations, compliance, tax burden, and risk exposure. At Sommet Global, we specialize in swiftly and compliantly establishing foreign businesses in Spain, understanding that time and clarity are of the essence. This comprehensive guide delves into the three primary foreign market entry models: the   Legal Entity , the  ...

For scaling businesses, the shift from Business Process Outsourcing (BPO) to establishing a local entity is a pivotal growth decision.   While BPO offers speed and flexibility for market entry, owning your entity unlocks control, credibility, and long-term value— if timed correctly . Below, we outline key triggers, trade-offs, and transition strategies. BPO vs. Entity: Core Trade-Offs 4 Triggers to Transition to an Entity 1. Team Size  > 50 Employees in One Market BPO margins become costly at...