Business and Financial Needs

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The concept of leasing business should be understood in the following sense:

This is a contract in which the tenant receives also the place where you develop your business, the business or industry established in the same, so that the contract is not limited to leasehold, but extend the contract including equity unit with its own life and likely to be immediately exploited, or actually entering the operating conditions of administrative formalities, (Directorate General of Taxes in consultation dated April 5, 1999). The lease or sublease of business should be designed in addition to local, defined as surface or “habitat” necessary to carry out the activity, necessary elements for the same, ie the elements that provide the fundamental property rental business must be a autonomous economic entity.

Additionally, the Directorate General of Taxes in consultation dated March 25, 1999 means that there is a business lease the landlord has had to exploit the same before:

“Lease is deemed to exist when the tenant business also receives the premises, business or industry therein, so that the contract is not only the goods listed in the same, but a unity heritage alive own and likely to be immediately exploited or waiting to be mere administrative formalities. This implies the existence of a company or business being carried on by the landlord prior to lease

The concept of leasing of real estate is a more simple, in that it aims at building and, where appropriate, fixtures, do not constitute an autonomous economic entity or business previously exercised separately. Paragraph 4 of Article 23 letter c), expressly refers to the lease of movable business or mine.

What we value in distinguishing a lease from a http://www.basicneeds-ctx.org/business-loans/borrow-more-difficult-for-smaller-business.html, not the rating that the contract has been given to it, but the intrinsic characteristics and performance requirements governing the contract.

The lease of property can generate income from economic activities (business), if developed as provided in Article 25.2 of Law 40/1998, ie if you have one person working full-time contract spending all this time activity, and a purely local for it.

From the above we can deduce that premises and flats that have been assigned to the business of leasing, whether a party is the wife he did not engage in any activity, are considered in all affected parts. Therefore, the gain or loss resulting from the transmission assets of the flats and apartments should be calculated according to the rules of affected items, without any transitional arrangements apply coefficients envisaged in the Ninth Transitory Provision of Law 40/1998.

To disaffect these goods could be developed the same rental activity for three years at least, without meeting the requirements of Article 25.2 of Law 40/1998, which determine the income from rental property as earned income (individual contract assigning full-time job all this time to the local leasing activity exclusively devoted to that activity).

During the three years in question would generate investment income real estate and after this period if the properties are passed we can apply the reduction coefficients, as they have no consideration of affection

The lease of the premises underlying the activity is governed by the provisions of the LAU for leases for for uses other than housing “and assumes that the other elements constituting the divested business to remain in each case its own regulation on local rental underlying activity is governed by the provisions of the LAU for leases for uses other than the vivienda2.

No doubt the local Cuatrecasas legally separated from the other components of the industry that, strictly speaking, only be legitimate if the parties so they are trying, with the determination of income allocated to local or farm and related to leased industrial elements. Therefore, the purpose of this work, it is a doctrinal position reference.

As regards the position taken by judicial decisions, in the absence of Supreme Court jurisprudence because of the short duration of the LAU 1994, which is considerably majority finds itself excluded from the leases of industry and integrated into the hegemony of the Civil Code.

The lease of the premises underlying the activity is governed by the provisions of the LAU for leases for for uses other than housing “and assumes that the other elements constituting the divested business to remain in each case its own regulation on local rental underlying activity is governed by the provisions of the LAU for leases for uses other than the vivienda2.

No doubt the local Cuatrecasas legally separated from the other components of the industry that, strictly speaking, only be legitimate if the parties so they are trying, with the determination of income allocated to local or farm and related to leased industrial elements. Therefore, the purpose of this work, it is a doctrinal position reference.

The Dutch consumer is cautious. This is evident not only from the increase in savings, but also figures from consumtive credits. The figures do not lie and show that there are up to 12% borrowed less. This 12% is good for a total amount of 972 million euros.

Of course, these declining numbers, the providers of credit does not benefit. But where exactly are the hits? This is particularly the finance companies and mail order companies.

Finance companies saw their revenues for auto loans with 310 million euros decline. The loans for the purchase of furniture and electrical appliances showed a decline of 243 million euros to see. Mail order companies showed a decline of 33% from the number of loans they provide.

So we can state with certainty that Dutch consumers have become reluctant to close loans and loans by the current economic crisis. As a result, it mainly cuts on consumer durables. This explains, inter alia, the decline in auto loans.

According to Wim Assen Bergh, economist at Van Lanschot, banks are more cautious because they have their own capital to strengthen its position because there are blows to come. So are the expectations that a lot of business and consumer loans will never be met because, as a result of the economic crisis, no longer able to meet their commitments. To cope financially, banks are already building a buffer, this is one of the reasons why the market is still fairly locked.

The above also applies to the mortgage, but that this interest remains in the Euribor rate has several causes. For example, the mortgages financed by savings. The interest on savings was given last year to unprecedented highs, this is one of the reasons that the mortgage rate is also higher. Although the savings rate is now declining, it remains the mortgage maintained, this is because many mortgages are closed with a fixed rate period.

That lenders apply stricter requirements on lending we knew for a long time, but that this credo is mainly applied to small and medium businesses is something new.

This is partly reflected by the monitor of the research funding EIM. The funding monitor reveals a big gap in the rate credit will be allocated by sector and size of the company. Thus the request for a loan for major companies in 63% of applications submitted, this compared with 47% of small businesses (with fewer than 10 employees).

Also, the sector to make at this time, most credit applications approved in the manufacturing sector, this gets a 71% credit allocation. While retailers and companies active in construction this figure is almost reversed. In just over half the cases, a loan application is not accepted in the retail and construction industries even 61% of cases.

Moreover, growth is becoming increasingly “fragile” and whether it actually continues is still uncertain. The recent upturn”relies heavily on temporary factors, such as government incentive policies and monetary incentives.”

DNB Economists also indicate that the strong recovery of world trade is partly a catch as the global demand in all the uncertainties surrounding the financial crisis was far gone.

De Nederlandsche Bank expects the unemployment rate will rise to 6.5 percent in 2011. In June, the CCD is predicted that unemployment would rise to 8 to 9 percent in 2011. Moreover, the CCD uses a different definition of unemployment than the Central Bureau of Statistics (CBS). Inflation is expected to continue over the next two years below 1 percent.

Due to lack of funding, banks since the end of last year’s rate for business loans increased. The past six months, conditions improved in part because banks can borrow unlimited money from the European Central Bank (ECB). They can at the ECB bonds guaranteed by the State award. Moreover, the market also improved, which enables banks to attract Read the rest of this entry »