For successful entrepreneurs, a financial crisis is one of the greatest challenges imaginable. It not only puts the business model in question but also the entire personal life plan. In such a situation, it is not about giving up, but about choosing the right...
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Gift Tax Spain – How Gifts Are Taxed in Spain
A property in Mallorca, a financial contribution to the children, or the transfer of company shares: a gift is a common way to transfer assets during one’s lifetime. However, anyone with ties to Spain—whether through residence or assets located there—must deal with...
Enstrickungsbesteuerung – An exit taxation plus: What is it?
You’ve done it: your business is thriving, the numbers are looking good, and at last, the long-awaited move abroad is on the horizon. While you’re still dreaming of your new life, the German tax office has already grabbed its calculator. Before long, you may be faced...
Taxes on rental income in Spain
Renting out a property in Spain is an attractive option for many owners to generate regular income and cover the costs of their holiday home. But as promising as the rental income may seem, the associated tax obligations can be quite complex. This is especially true...
Gestoría in Spain: Functions, benefits and limitations
Anyone moving to Spain or looking to start a business here will, sooner or later, come across a typically Spanish institution: the Gestoría. For many foreigners, it becomes an indispensable helper when navigating the sometimes opaque jungle of Spanish bureaucracy. In...
Spanish Limited Company (S.L.) – Formation, advantages and tax aspects for entrepreneurs
Set up a Spanish S.L. in just a few weeks and save on taxes? The Sociedad de Responsabilidad Limitada has become one of the most flexible corporate structures in Europe, with a minimum capital requirement of just €3,000 and formation procedures that make traditional...
Exit taxation: Explanation & current changes
Moving abroad brings a sense of new beginnings and fresh perspectives. However, for entrepreneurs and private individuals with substantial capital holdings, it can also entail a less welcome consequence: the so-called exit taxation, internationally known as “Exit...
Modelo 720 – Everything you need to know about declaring foreign assets in Spain
Anyone who relocates their main residence to Spain and becomes a tax resident here enjoys many benefits. On the other hand, obtaining the residencia often raises a number of questions. A common topic is the Modelo 720 form. This informative declaration about assets...
Property transfer tax in Spain – Tax tips for buying real estate
A property in Spain is a long-held dream for many. To ensure that the fulfilment of this dream is not overshadowed by unexpected tax surprises, you should be informed about the most important cost factors before making a purchase. One of the key cost components when...
Residencia in Spain: How to obtain your residence permit
Spain is a hotspot for international entrepreneurs and executives. However, anyone planning to stay in Spain for more than three months cannot avoid the residencia. This is by no means a drawback when it comes to emigrating, as the residencia offers long-term access...










