The special ‘inbound expat’ tax scheme allows workers who become residents in Spain due to an employment contract or occupying a director position in a company to be taxed as non-residents -with the obvious tax benefits- during the year the individual becomes a Spanish tax resident and the five consecutive years thereafter. There are…
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Thank you for your enquiry of 29/06/2020. We understand your need for clarity regarding obtaining Residency in Spain. Up until now, UK nationals (UKNs) have been issued with the green ‘Certificado de registro de ciudadano de la Unión Europea’ (NIE). This will remain a valid document. From 6 July 2020, you will be…
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Tax residence in Spain is regulated under article 9 of the Personal Income Tax Law. Individuals are resident in Spain for tax purposes if they meet at least one of the following criteria: a) Spend more than 183 days in Spain during a calendar year. b) Have Spain as their main base or centre of…
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An individual can only be resident for tax purposes in one country, which will be where they will be taxed on their income earned held anywhere in the world. However, the tax authorities in two countries may consider that the individual is resident in both, which would result in double taxation prohibited under international tax…
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If an individual does not submit the informative tax form or submits it late, or submits the form 720 with incomplete, inaccurate or incorrect details, they may incur a serious infraction. The penalty will consist of a fine of €5,000 for each omitted, incomplete, inaccurate or incorrect detail or group of details. The minimum fine…
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The Government has approved a series of measures aimed at making the cost of rents to tenants who have been left in a vulnerable situation due to the state of alarm. How do these new measures affect tenants and landlords? Am I the beneficiary of any help to pay the rent? The new…
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The Government is taking more measures to protect vulnerable groups and to avoid possible abuses during the state of alarm, as it is causing an economic slowdown due to restrictions on mobility and business activity. In the Council of Ministers this Tuesday 31st March 2020, some of the measures adopted a little over a week…
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These are essential services and therefore companies and workers who belong to the following areas of activity will be able to continue working as of this Tuesday, as stated in the BOE published this Sunday. The twenty areas of activity are set out in the annex to the draft, in addition to some specific…
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This Saturday, March 21, marks a week since the Council of Ministers decreed the state of alarm at the national level through Royal Decree 463/2020. Since that day, the Government and the different ministerial departments have made some modifications and orders have been published with new measures and indications. Last Tuesday, March 17, after the…
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The state of alarm is declared in order to deal with the health emergency caused by COVID19. On 14 March 2020, the Spanish Official Gazette (BOE) published Royal Decree 463/2020, declaring a state of alarm for the management of the health crisis caused by COVID-19 (the Royal Decree). The Royal Decree introduces, effective immediately, a…
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