At Welex, your trusted law firm in Marbella, we explain when building renovation works in Spain may be exempt from VAT. Spanish tax law sets strict conditions: the renovation must involve structural rebuilding and a significant financial investment. Learn the requirements, examples, and court rulings that define whether your project qualifies for this exemption.
In Spain, the general corporate income tax rate for the 2024 fiscal year is 25%, which also applies to holding companies (“entidades patrimoniales”) based in Andalusia. These entities are not eligible for reduced rates and are taxed at the statutory general rate. A company is considered a holding company when more than half of its assets consist of securities or assets not used in an economic activity — such as the mere ownership or passive management of real estate. Only when the company has a minimum organizational structure with personnel and resources can it be deemed to carry out an economic activity.
Metadescripciones SEO: Welex celebrates 25 years of excellence and leadership of Sara Duarte, Head of Accounting in Marbella. A tribute to her professionalism, innovation, and dedication. Trust Welex for expert accounting in Marbella and comprehensive tax advisory services.
La digitalización está transformando radicalmente la forma de trabajar en España. Uno de los mayores avances se está produciendo en el ámbito de la facturación en España: la introducción de la nueva normativa antifraude y Verifactu. Estos cambios definirán la forma en que se generan, almacenan y comunican las facturas.
At Welex, a law and economics firm in Marbella, we answer one of the most common questions among foreign taxpayers who pay taxes in Spain under the special tax regime for expatriate workers, better known as the "Beckham Law." The question is as follows: Can an individual resident in Spain under this regime offset capital gains with capital losses on their income tax (IRPF) return?
Buying property in Spain—whether it’s a home, commercial premises, or land—is one of the most important (and costly) decisions you can make in life. But is hiring a lawyer really necessary? What role does the so-called “Property Report” play? And what risks do you face if you decide to proceed without legal advice?
Many clients assume that notaries in Spain perform the same functions as notaries in their own country, which is not true. Although both systems include the figure of the notary, their functions in real estate sales are very different.
This article offers a clear, step-by-step guide to arranging a mortgage in Spain, once you have chosen the bank that best fits your needs. The text explains the key stages of the process — from receiving the pre-contractual documentation to signing the mortgage deed before a notary. The aim is to help buyers understand their rights, obligations, and the timeline involved, making the process of financing a property in Spain as smooth and secure as possible.
The Dutch business community in Marbella came together last Saturday 21st of June in grand fashion to celebrate the 22nd edition of the renowned Haring Party, hosted by the Marbella Dutch Business Club (MDBC).
The Beckham Law in Spain is formally known as a special tax regime designed for workers, professionals, entrepreneurs, and investors who move to Spanish territory. Despite its informal name, it offers a highly advantageous tax option for both foreigners and Spaniards returning after living abroad.
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