Tag: International

Spanish tax benefits for pilots

Spanish tax benefits for pilots

Pilots in the broadest sense

People resident in Spain having an employment relationship with a company not resident in Spain could enjoy an exemption of up to €60,100. Most commonly referred to as Spanish tax benefits for pilots, as these professionals seem to use this regime the most. The exemption and its conditions were confirmed in the binding consultation issued by the tax authorities. The authorities issued the consultation in respect of a professional motor cyclist (in Spanish also a “piloto” or pilot). Continue reading “Spanish tax benefits for pilots”

COVID19 Limitations on foreign investment in Spain

COVID19 Limitations on foreign investment in Spain

The Covid19 crisis has provoked various countries, amongst which Spain, to put in place limitations on foreign investments in Spain. In other words the liberalization of the foreign investment regime is suspended until further notice.

Spain

The Spanish government requires to previously authorise the following investments that are: 1) foreign and 2) direct investments in Spain and in 3) strategic sectors.

Under “foreign” is understood coming from residents outside the European Union or European Free Trade Association (EFTA) region.

Under direct investments is understood: 1) acquire more than 10% of the shareholding and or 2) obtain the right to partcipate in management.

Affected Sectors

The strategic sectors are: Continue reading “COVID19 Limitations on foreign investment in Spain”

In need of a Spanish or international contract?

In need of a Spanish or international contract?

A wide variety of contracts, including franchising, distribution, agency, lease, sale, employment, executive, free lance, real estate, rental, shareholder and consultancy agreements have been drafted and reviewed by our lawyers over time.

 

B.A.S. adds value in your contractual stages as it quickly grasps your needs, understands perfectly your language and works efficiently to getting you a neat contract that will allow you to get the deal done quickly. Contact us for any kind of issue and lets discuss how we can help. Our lawyers will assist you with a quick, business and no nonsense approach.