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Spanish Accountancy

Meet our team! Sara Duarte, Head of Accounting in Spain

17, 12, 2024|Spanish Accountancy|

Welex is a great team and we are very proud of all our members. Let us introduce you to Sara Duarte, the head of the Accountancy Department. She has English and Spanish background, gratuated in UK from Economics and Finance, and she has been the Head of Accountancy of over 20 years. Her mission is to make a positive contribution to the success and satisfaction of Welex’s clients through her dedication and expertise. Learn more about her!

Tourist Rental License in Andalusia: Requirements and Legal Management

26, 11, 2024|Property in Spain, Spanish Accountancy, Tax in Spain|

Tourist rentals have become a popular way for property owners in Andalusia to generate additional income. With its rich cultural diversity, renowned beaches, and historical destinations, the region attracts millions of tourists annually, making vacation rentals a lucrative business. However, operating legally requires obtaining a tourist license and complying with specific regulations set by the Junta de Andalucía. In this article, we explain the requirements, associated responsibilities, and how Welex, lawyers and accountants in Marbella, can assist you.

Differences Between Tourist, Short-Term, and Long-Term Rentals in Andalusia

02, 10, 2024|Property in Spain, Spanish Accountancy, Tax in Spain|

Explore the different types of rentals you can implement in your real estate investment in Spain. At Welex, we provide specialized advice to maximize your rental opportunities and ensure regulatory compliance.

When Are Invoices Deductible for Corporate Tax Purposes in Spain?

06, 08, 2024|Spanish Accountancy, Tax in Spain|

By Welex, Law Firm, Accountants, and Tax Advisors in Marbella. In this article, we outline the necessary requirements for an invoice to be deductible for corporate tax purposes in Spain. It is essential that invoices meet certain formal and substantive criteria to be considered deductible.     Formal Requirements for Invoices To ensure an invoice [...]

The Importance of Rent Price Appraisal in Related Party Transactions in Spain

21, 06, 2024|Litigation in Spain, Spanish Accountancy|

Have you ever wondered if it’s necessary to appraise the rent price in related party transactions in Spain? The answer is yes, and at Welex, your law firm and tax advisors in Spain, we want to explain why it is so important. Why is an Appraisal Necessary? When renting a property from your own company, [...]

Deductible expenses for model 210 IRNR for Non-Residents who own rental properties in Spain

06, 06, 2024|Property in Spain, Spanish Accountancy, Tax in Spain|

By Welex, your efficient tax advisors in Spain. When it comes to owning a property in Spain but not being a resident there, all expenses derived from the rental of that property are deductible when filing the tax return, as long as the non-resident belongs to the European Economic Area (EEA). Non Spanish-resident taxpayers who [...]

The constitution of a limited company in Spain.

04, 09, 2023|Spanish Accountancy|

At Welex, leading law and accountant firm in Marbella, we would like to explain briefly and simply the steps to be taken if you have decided to set up a limited company in Spain: The constitution of a limited company in Spain. It is compulsory for the company to be incorporated by signing a public [...]

Ruth Rivas, new addition to our accounting team in Spain

01, 04, 2022|Spanish Accountancy|

Ruth Rivas, new addition to our accounting team in Spain   At Welex, lawyers and accountants in Marbella, we are celebrating a new addition to our accounting department in Spain.  Ruth Rivas Marín, born in Madrid, has returned to the land of her roots; Malaga, after a personal and professional career in London and Barcelona. [...]

The closure of the accountancy books of a company in Spain | WELEX

19, 01, 2021|Spanish Accountancy|

By WeLex, your efficient accountant in Marbella. After the start of a new year, it is normal to wipe the sheets clean, but in accounting, this is not possible. Although the accounting year ends – as a general rule, on December 31 – in Spain it is not until July, with the filing of the [...]