Seriously, Spain being in an economic crisis since so long, they should work on making it more attractive for people to open and run their business there instead of adding new regulations and complicating things for founders.
In this case if you have a project that can go beyond 1mill € (I can't think of any that could reach that quantity, but that's another question), you'll have to be creative and create a company in the UK or USA to manage it.
Reading the article I realize that what they are trying to do with the new law (that basically makes the crowd-founding unusable for startups), is to protect the small investor. We've had several small investors scams (one of them by Caja Madrid, a big savings bank), in all the cases, the regulators were accused of being too little involved.
I have to agree that is a matter of time before there is a big scam with crowd-founding in Spain. So the Spanish bureaucratic logic says you'd better punish all of them(those dangerous crowd-founders) before a notorious crime is committed. Sad
Edit: added the last paragraph. Edit2: readability and typos.
Apart from having free healthcare (although they are trying to change that as well), layoffs are regulated by law (companies must file a special request,ERE, to the government in order to axe more than a percentage of employees, which must be justified), workers are entitled to a severance package of 30 days (it was 45 a few years ago) of pay for each year spent at the company, and for each year working you accumulate three months worth of unemployment benefits.
I'm sure that there are countries which offer better conditions, but I can't say Spain has a weak safety net.
It is the best known proof that it works, that people can be heard when someone is ready to listen them. And they will give money for that.
And this, this will probably never happen in Spain.
Edit: > million (reason for this answer).
Not so for "popular" projects, that are promoted via TV programs or so.. those will surely reach 1 mill easily.
On the other side, charity is very popular and people donates money (small and big quantities) when they see a need.
Of course it can always become fashionable, with everybody crowdfounding something, but that´s when a big scam will take place, with a scandal in the media and crowdfounding getting hit hard.
Edit I changed crowdsourcing for crowdfounding
With one single rule, they've killed most chances of growing businesses locally.
There are only a couple considerations here: first, they do force you to pay this in any case or you can't do business at all. The rationale is that having health insurance / social security is not optional in Spain. Thus the illegality of doing business / working without paying that. I would leave this untouched.
The other consideration is that you have to pay this even if you have a salaried job and your employer is already collecting from your salary and doing the contributions for you. I would make it unnecessary to pay the extra 250 EUR/month in this case, it doesn't make sense, except for people with very low salary (for whom no social contribution is mandated for their employer), in which case I would keep the need of contributing separately, or it's a huge loophole to avoid contributing.
A socially-oriented state has some cost, you know. Having to pay 250 EUR/month when you do business is such a ridiculously low price to pay for near-universal health care.
That's the part I meant was unfair. To the rest I agree: When you earn money, you have to paid fees to get your health security, I agree it's normal.
A shame of law, however, since it's only meant to discourage small scale investing.