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Articles on international taxation, expatriates and business advisory.

International Tax

Who must file form 349?

If you are a business owner or work in a company’s finance department, it’s essential to understand the tax requirements you must meet. One of these is filing form 349, a key document in managing VAT for intra-community transactions. In this article, we explain who is obligated to file Form 349, what it is used […]

David Búa Monjil November 20, 2024
Mobility & Talent

SMAC Process in Spain: Mandatory Labor Conciliation Explained (2026)

When a conflict arises between a company and its employees, the last thing you want is a lengthy and expensive court case. This is where the SMAC process comes in. In this article, we’ll break down what the SMAC process entails, when it’s necessary, and how it can help avoid the stress and costs of […]

David Búa Monjil November 6, 2024
Mobility & Talent

What is the Certificate of Social Security Payments in Spain or TC1?

In the realm of labor management and business administration, understanding certain documents is crucial for maintaining legality and operational efficiency. One of these key documents is the Certificate of Social Security Payments, commonly known as TC1. In this article, we will explore what the TC1 is, its purpose, its counterpart TC2, and how they have […]

David Búa Monjil October 22, 2024
International Tax

What is Cash Pooling and How Does It Benefit International Companies?

Cash pooling has become a fundamental financial tool for international companies looking to optimize their resource management. In this article, we will explain what cash pooling is, how it works, and why it is a key strategy for improving your company’s financial efficiency. What is Cash Pooling? Cash pooling is a financial mechanism that allows […]

David Búa Monjil October 7, 2024
Setting Up in Spain

Doing business in Spain: A guide for international expansion

Expanding into new markets is a major milestone for any business, and Spain offers a compelling opportunity for international firms. Its strategic location, thriving economy, and EU membership make it a gateway to Europe, Latin America, and North Africa. This article highlights key factors for international companies considering doing business in Spain, focusing on strategic […]

David Búa Monjil October 1, 2024
International Tax

Financial statement consolidation: When it’s required and how to do it

In the dynamic business world, financial statement consolidation is a crucial practice, especially for international companies. Understanding when it’s mandatory and how to do it correctly can make the difference between optimal financial management and regulatory issues. In this article, we break down everything you need to know about financial statement consolidation and how to […]

David Búa Monjil September 16, 2024
International Tax

What is tax compliance?

Tax compliance is a critical issue for any business looking to operate ethically and efficiently in the complex world of taxation. In this article, we’ll dive deep into what is tax compliance, why it’s important, and how it can benefit your business. You’ll discover best practices for implementing an effective tax compliance program and how […]

David Búa Monjil August 21, 2024
Setting Up in Spain

How to Register a Company in Spain?

Setting up a company in Spain is a crucial step for any international business looking to expand into the Spanish market. This comprehensive guide will walk you through how to register a company in Spain, covering the essential steps, necessary documents, and key aspects you need to consider to comply with Spanish regulations. We’ll also […]

David Búa Monjil August 2, 2024
International Tax

How to File Taxes in Spain? A Complete Guide for International Companies

Wondering how to file taxes in Spain? In this article, we provide all the information you need to meet your tax obligations in Spain. As an international company, we understand that this process can seem complicated and challenging. Here, we’ll explain step-by-step how to file taxes in Spain, which forms you need, and how to […]

David Búa Monjil July 17, 2024
Financial Management

What is corporate financial reporting for international companies?

In a globalized business environment, managing the finances of an international company can be a significant challenge. A key tool to tackle this challenge is financial reporting. This article will delve into what financial reporting is, its objectives, usefulness, development, and the essential metrics that every company should monitor. The importance of managing financial risks […]

David Búa Monjil July 3, 2024