Spanish Accountancy

Practical case on VAT of a construction company in Spain

02, 09, 2019|Spanish Accountancy|

By WeLex, your English speaking accountant in Spain! Do the invoices of a constructor in Spain accrue VAT? And what if the client is a German company that has an intra-community VAT number? VAT - Value Added Tax WeLex, your multilingual law firm and team of accountants in Marbella, has the pleasure of [...]

Legal modification in the monetary contributions at the time of setting up a limited liability company

18, 06, 2019|Spanish Accountancy|

Entrepreneurs arrive to our offices in Marbella, Málaga heart of the Costa del Sol with the wish to set up a limited liability company in order to start a new activity in Spain. setting up a limited liability company Welex, your multilingual lawyer and accountant under one roof! In some cases, we advise such clients [...]

Everything you need to know about the Beckham Law in Spain

15, 01, 2019|Spanish Accountancy, Tax in Spain|

Royal Decree 687/2005 is more commonly known as the Beckham Law. British footballer, David Beckham was one of the first to benefit from this special regime, taxed as a non-resident when he was employed by Real Madrid in Spain. Beckham Law However, natural persons who become tax residents as a result of their [...]

WELEX = We are the law

18, 12, 2018|Others, Property in Spain, Spanish Accountancy, Spanish Wills & Inheritance, Tax in Spain|

After having published more than 250 blogs in four different languages ​​on Welex’s website, we wanted to try something different. Instead of writing about a specific regulation regarding the tax return on the income of natural persons, the corporate tax or the non-resident income tax in Spain, the inheritance tax and a long etcetera, we [...]

Declaration of real ownership of a company in Spain derived from ORDER JUS / 319/2018 21st March

25, 10, 2018|Spanish Accountancy|

Welex, your multilingual lawyer and accountant in Spain under one roof. Do you own a company in Spain? Are you willing to set up a Spanish company? Watch out beneficiary ownership of a company in Spain has to be declared in the corresponding annual accounts! law in spain, law in marbella   ORDER [...]

Alternatives to organise company administration in Spain

24, 09, 2018|Spanish Accountancy|

The position of director (administrador) will carry out the government and management of the company in Spain.   There are several ways to exercise company administration in Spain because you can choose between the appointment of a sole director; several directors who exercise their position jointly or jointly and severally; or entrust the administration to [...]

Termination of the position of a director of a company in Spain

27, 08, 2018|Others, Spanish Accountancy|

The termination of the director of a company in Spain may occur due to the expiration of the director’s appointment, his or her resignation or separation, or the death of the director. Expiration When an appointment to director of a company in Spain is made for a specific timeframe, and the position expires after the [...]

Billing requirements to justify deductible expenses in Spain

04, 06, 2018|Spanish Accountancy, Tax in Spain|

Our accountancy firm in Marbella has the pleasure to lay out for you the requirements of an invoice in Spain. Self-employed workers and companies can deduct certain amounts from their taxes to the Treasury, regarding the payment of VAT or the Income Tax and Corporate Tax. However, for these deductions to be accepted, the correct [...]

Royal decree 1074/2017 that modified the Income Tax, Corporation Tax and Inheritance and Donations Tax in Spain

02, 04, 2018|Spanish Accountancy, Tax in Spain|

Modifications in the Spanish Personal Income Tax in for 2018 Are you a tax resident in Spain? Then, you should take into account the following changes that were made by the Royal Decree 1074/2017, of December 29th, which modified the Regulations of the Personal Income Tax in Spain. We refer to the so known “Impuesto [...]