The capital increase to expel a partner is a strategy that many entrepreneurs consider when the coexistence in a partnership becomes unsustainable. Although this is a common practice, it is not the only way to proceed, as the Capital Companies Act (LSC) offers several...
Spanish Inheritance Tax Procedure
Inheritance tax is a tax that a person must pay on money or property inherited after the death of a loved one. This tax is based on who gets the assets of the deceased and the value of what the deceased gets. Inheritance tax in Spain applies to everyone, both...
Withholdings to Non-Resident Employees
Companies or individuals (freelancers) with employed persons are bound to withhold them or make payments on account of the income that satisfies them. In general, a person who works in Spain is considered a tax resident here, and therefore is subject to the Personal...
Obligations of operating through a branch or permanent establishment in Spain
A foreign investor wishing to carry out economic activities in Spain through a non-Spanish company has several ways of making this investment: by creating a Spanish subsidiary company or through a permanent establishment. The former would have a legal structure...
VAT Refund in Spain: How to do it Step by Step?
Surely you have seen in more than one airport the words “Tax Refund”, and more than once you have asked yourself if you could take advantage of it. These are points where non-EU tourists can request a refund on taxes paid when they purchased certain products in...
Rectify a legalization of books that has been positively qualified
The legalization of the official books that entrepreneurs must carry must be presented within the four months following of the close of the fiscal year. This means that companies that close at December 31st, they have until the end of April to do so. Official books to...
How to be a foreigner self-employed in Spain: Definitive guide
If your intention is to acquire a temporal residence in Spain and work on your own, you have reached the right place. As a general rule, if you don’t have a residence permission that allows you to work, you can’t perform any economic activity in Spain. Become a...
How to buy a property in Spain by foreigners – expats
The English are the largest buyers of Spanish Real Estate, followed by French, German, Russian and Italian, without forgetting the increase of Chinese citizens who come to our country. Whether you are looking for a property in the coast areas or want to enjoy the...
Beckham Law: Can I Take Advantage of It?
It is not difficult to have heard of the Beckham Law on more than one occasion, even if you don’t follow the current football or legislative news since the controversy surrounding this law when it was approved was remarkable. Here's what the Beckham Act is all about,...