Tag: TAX

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Soft Landing Services in Spain

Soft Landing Services in Spain

Posted on by Business Advice Spain

One of our Soft Landing Services in Spain was recommended on Linkedin by one of our clients. It concerns the REA registration service for foreign companies in Spain. This Registry of Accredited Companies (Registro de Empresas Acreditadas), certifies the fulfilment of capacity and quality requirements for risk prevention, health and safety rules on construction sites in Spain. Every Spanish autonomous community has its own labor authority where the company can (or even must) register.

However, for many foreign companies this is still a difficult process. That is where we come in. With our Soft landing Services in Spain, we help these companies with the necessary paperwork and presentations. And where necessary we communicate their posted workers. The latter is a European requirement where a company needs to notify the labor authorities of the hosting country upfront of the arrival of workers from another country.

Business Advice Spain, and Jochem Schoevers in particular, have received various recommendations with respect to its Soft Landing Services in Spain. The one mentioned here came from Twisted Pair in the UK and was posted on linkedin.

If you would like to know more about how we can help your company, you can get in touch today at contact or call Jochem on 0034 610 739 364 and or look him up on Linkedin. You can send us an email at info@businessadvicespain.com.

Soft landing services in Spain (can) also comprise:

  • legal (incorporation, constitution of Spanish companies and subsidiaries, all sorts of contracting);
  • Accounting and tax returns (according to Spanish GAAP);
  • Payrolling for local subsidiaries of foreign companies;
  • Registration of foreign companies and payroll for their employees in Spain;
  • Communication of the posting of foreign workers in Spain;
  • NIEs, CIFs, NIFs for foreigners.

We have helped companies from all over the world with our services in Spain.

 

Spanish tax benefits for pilots

Spanish tax benefits for pilots

Posted on by Business Advice Spain

Pilots in the broadest sense

People who are resident in Spain and 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”

Soft Landing and the Beckham law in Spain

Soft Landing and the Beckham law in Spain

Posted on by Business Advice Spain

A Spanish non resident tax law

This article is about our soft landing services in combination with the application of Beckham´s law in Spain. In 2005 Spain adopted the Beckham law. Its purpose was to offer a mild tax climate to attract talented and highly skilled foreign physical persons in order to further internationalize and increase competitiveness of Spanish companies. The law got its nick name after David Beckham who transferred in 2003 from Manchester United in England to go and play for Real Madrid in Spain. His transfer fee amounted to 37,5 million Euro and his salary was said to be 17 million GBP per year. He was supposedly one of the first to apply for this special tax regime and benefit from it.

Eligibility

To be eligible for its application one needs to comply with the following: Continue reading “Soft Landing and the Beckham law in Spain”

Soft Landing Services in Spain

Soft Landing Services in Spain

Posted on by Business Advice Spain

Business Advice Spain has specialized in so called “soft landing” services in Spain. It concerns services that help foreign companies and individuals to establish themselves in Spain. Often a company is already doing business in Spain buts has identified the need, or the wish, to establish and grow. How to go about that?

Soft Landing Services

Generally these services consist of accounting/ tax, legal and employment & payroll. A client needs to register its presence in Spain; It will have to declare taxes and carry on accounting. In what corporate form will the company do that? That “form” might need to be legally incorporated before a notary and registered in the Companies Registry. It needs a registered address and a director or board. Then that company need to employ personnel or freelance contractors and pay them through payroll or invoices. Continue reading “Soft Landing Services in Spain”

Reverse charge mechanism for VAT within Europe

Reverse charge mechanism for VAT within Europe

Posted on by Business Advice Spain

Principle:

If a company in a certain member state renders services to another company in another member state, instead of the receiving company paying VAT on the received services, it has to withhold the VAT and pay it in its own country. The invoice it receives from the company that rendered the services should mention that the invoice is subject to the reverse charge mechanism and therefore no VAT is charged. The receiver has to withhold and pay the VAT in its own country at the rate of the receiver´s country. That is different from what one would normally expect when the company that renders the service issues an invoice with VAT.

We come into play

Contact us if you would like us to review your tax situation. We have vast experience in overseas tax matters for american companies. When it comes to American companies we have more than 15 years of experience in helping them establish in Europe.