What´s the 720 Form (Report of Foreing Assets), and who´s obligated to provide the requested information?

What´s the 720 Form (Report of Foreing Assets), and who´s obligated to provide the requested information?

(Edited: March 2019) Important: Deadline for submitting this tax form is 1st April 2019. Throught this tax form, Spanish tax residents (expats or not) have to provide to the Spanish tax authorities information about offshore accounts, offshore investments, and real estate located abroad. This tax form does not imply additional taxation (it´s an informative form).…

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SETTING UP A BUSINESS IN SPAIN – Different ways of doing business in Spain (Part 3 of 7)

SETTING UP A BUSINESS IN SPAIN – Different ways of doing business in Spain (Part 3 of 7)

Setting up a Business in Spain? On this post, we will explain the more usual/useful companies you can set up in Spain. What’s best? Well … it depends on what do you need. Subsidiary (Spanish company with its own legal personality): Spanish law provides for a variety of vehicles that can be used by foreign…

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SETTING UP A BUSINESS IN SPAIN – Different ways of doing business in Spain (Part 2 of 7)

SETTING UP A BUSINESS IN SPAIN – Different ways of doing business in Spain (Part 2 of 7)

UNINCORPORATED ENTITIES These exist whenever an activity is carried out under the entrepreneur’s own name (in other words, invoices are made out in their name, and is backed by their private assets. No distinction is made between company assets and private assets. Note: Due some new laws approved by Spanish goverment during last years, currently…

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SETTING UP A BUSINESS IN SPAIN – Different ways of doing business in Spain (Part 1 of 7)

SETTING UP A BUSINESS IN SPAIN – Different ways of doing business in Spain (Part 1 of 7)

Setting up a business in Spain is simple. The type of business entities available are in keeping with those existing in other OECD countries and there is also a wide range of possibilities capable of meeting the needs of the different types of investor who wish to invest in Spain. Several alternatives will be analyzed…

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