Blog

Articles on international taxation, expatriates and business advisory.

Setting Up in Spain

Fiscal and financial incentives available for international companies that have set up a subsidiary in Spain

For global businesses planning to expand into Spain, grasping the complex array of fiscal benefits and financial incentives is crucial. This guide explores the tax advantages and incentives available specifically for subsidiaries of foreign corporations. Spain offers attractive corporate tax rates along with appealing programs that support research, development, and innovation (RDI), creating a welcoming […]

David Búa Monjil May 27, 2024
Mobility & Talent

The Beckham Law: Tax advantages for non-resident workers and digital nomads

In this article, we’ll delve into the Beckham Law in detail and how it can benefit non-resident workers and digital nomads. From its origins to its current application, you’ll discover how this legislation can positively impact your employment and tax situation. What is the Beckham Law? The Beckham Law, also known as the Impatriates Regime, […]

David Búa Monjil May 6, 2024
Financial Management

Financial Reporting: Key to International Expansion

Financial reporting is not just a legal obligation; it’s a strategic tool for any international company looking to establish or strengthen its presence in Spain. This article delves into the management of financial reporting obligations, highlighting its importance and how it can serve as a springboard for expansion and success in the Spanish market. What […]

David Búa Monjil April 22, 2024
Financial Management

Financial KPIs: International account management control

Financial KPIs are not just illuminating the path in accounting and financial management for any international company; they’re true lighthouses guiding towards efficiency and economic success. This article uncovers how these indicators can transform accounting and financial management, offering unparalleled control and insight into your company’s performance and financial health in Spain’s competitive environment. Financial […]

David Búa Monjil April 11, 2024
Setting Up in Spain

A Guide to Setting Up an LLC in Spain

When it comes to setting up a business in Europe, Spain is a top choice for entrepreneurs seeking to capitalize on its strategic location, vibrant economy, and business-friendly environment. One of the most popular business structures in Spain is the Limited Liability Company (LLC), known locally as “Sociedad de Responsabilidad Limitada” (SRL). In this comprehensive […]

David Búa Monjil March 25, 2024
Setting Up in Spain

8 Types of Companies in Spain: Choosing the Right Legal Form

Planning to Open a Branch in Spain? Your Guide to Choosing the Right Legal Structure If you’re considering setting up a branch in Spain, one of the first decisions you’ll need to make is choosing the right legal structure for your business. This choice is more than just paperwork—it will affect your liability, required capital, […]

David Búa Monjil March 11, 2024
Setting Up in Spain

Measures for the creation and development of start-ups

Start-ups are considered to be small or medium-sized companies whose activity requires the generation or intensive use of scientific-technical knowledge and technologies for the generation of new products, processes or services, and which simultaneously meet the following conditions: They must be newly created or, not being newly created, when no more than 5 years have […]

David Búa Monjil January 24, 2023
International Tax

Tax measures contained in the General State Budget Law 31/2022 for 2023

Law 31/2022, of December 23, 2022, on the General State Budget for the year 2023 (hereinafter, LPGE 2023) was published in the Official State Gazette of December 24, 2022, effective January 1, 2023. In the tax area, most of the rules are contained in its Title VI -arts. 59 to 91, both inclusive-, and many […]

David Búa Monjil December 15, 2022
Regulatory Updates

NEW SPECIAL TAX ON NON-REUSABLE PLASTIC PACKAGING

On 1-1-2023 a new indirect tax will come into force with the aim of taxing the use in Spanish territory of packaging containing plastic that is not reusable. With effect from 1-1-2023, and with the aim of preventing the generation of non-reusable plastic packaging waste and promoting the recycling of plastic waste, the Special Tax […]

David Búa Monjil October 3, 2022
Setting Up in Spain

Corporate: measures to promote and accelerate the creation of enterprises

With effect from 19-10-2022, L 18/2022, on the creation and growth of companies (“Crea y Crece Law”), has been approved with the aim of boosting the creation of companies, promoting company growth and combating late payment. The main new features of this law are as follows: Incorporation of LLCs 1. The incorporation of an SRL is […]

David Búa Monjil October 3, 2022