Invest In Madrid: Best Regional FDI Promotion Team Europe 2018

Invest In Madrid, the regional office facilitating foreign investment in and around Spain´s capital city, is a public-private partnership between the Ministry of Economy, Employment and Finance of the region of Madrid and the city’s Chamber of Commerce. It has the remit to provide services to investors interested in installing or expanding businesses, supporting them at every step of the project. Madrid boasts the lowest tax burden of Spain’s 17 autonomous communities, thanks to the liberal economic policies of its regional government, which is committed to backing private enterprise, reducing bureaucracy, streamlining the administrative processes, and removing obstacles to setting up businesses. This dedication to promoting the capital as a business-friendly hub, boosting foreign direct investment, has paid off. The capital is now number seven in the global ranking of cities attracting most foreign investment. The 7,000-plus foreign companies within its borders make up 39% of all those operating on Spanish soil, and Madrid has the EU’s third-highest number of multinational headquarters. While the region comprises just 13.75% of Spain´s population, it boasts 16% of the country’s total number of businesses, with more than 500,000 registered companies calling it home. This outstanding level of service in ensuring an attractive and efficient environment for business to flourish led the CFI.co judging panel to present the 2018 award for Best Regional FDI Promotion Team (Europe) to Invest In Madrid.