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Legal in Spain

We understand how challenging could be the process of establishing a living or a new business in Spain. We offer a fully-personalized approach through all the stages of the legal process, from support in documents preparation to personal assistance at the governments’ offices if necessary. We have multilingual team speaking English, Spanish, Catalan, Italian, French and Russian.

Resident and Non-Resident Taxation in Spain
16 March 2020

Spain is a very strict country in terms of the penalties that it gives to those who fail to properly pay their taxes and it is also a country, that frequently changes its tax legislation. To avoid any issues and to ensure that you don’t receive any such penalties, our international legal agency can assist you with determining whether or not you should be paying resident or non-resident taxes, can assist you in calculating the correct amount of taxes that need to be paid, can keep you up-to-date on the current tax rules and regulations and can also ensure that your taxes are paid on time. We are pleased to provide you with all of the pertinent details regarding resident and non-resident taxation in Spain.

Tax Allowances

Under Spanish law there are numerous different tax allowances that can be applied for if you are a resident of the country.  Tax allowances based on age, the number of children in the household, marital status and disabilities can be applied for.

Beckham Law is another allowance that provides a tax break for those who are relocating to Spain to work. These new residents can apply for this credit which will allow them to pay the same as a non-resident , therefore usually an advantageous rate. The Beckham Law allowance can be implemented for the first six years of working in Spain.

Important Points to Remember About Spanish Taxes

  • The Spanish tax office does not send tax forms or reminders to any address that is outside of Spain.
  • The tax year in Spain runs from January 1st to December 31st.
  • It is the tax payer’s responsibility to ensure that all taxes are paid on time and that the correct amount owing is paid.
  • If taxes are not paid on time then interest charges and sanctions may be incurred.
  • A new property may not be purchased if there are past due taxes that have not been paid.
  • Those individuals that are considered residents of Spain, with assets of over €50,000 located outside of the country, must declare these assets on their annual tax return. These assets include investments in foreign bank accounts, houses or property, life insurance policies etc.

Your tax professionals in Spain

At Lusa Legal, we are pleased to be able to offer our Spain tax expertise with you all year round. We can ensure that your taxes are filed correctly and on time to avoid any penalties. We can also ensure that you are kept up-to-date on the ever changing Spanish tax laws, help you complete your tax forms and answer any questions that you may have. Call Lusa Legal today:

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