Expanding a Business to Spain: Key Tax and Corporate Considerations

Are you up to date with the obligations of your company with more than 50 employees? Do you have employees under your responsibility? In this post, we briefly explain the responsibilities you have: 1. Disability employment quota Did you know that it is mandatory for companies with more than 50 employees to hire at least 2% […]

These are a type of pension plan promoted by companies for their employees as an incentive and at the same time, it’s a good way to complement the public retirement benefit. Likewise, it’s one of the most valued social benefits by employees. Do you know their tax advantages? Do you know that you can be […]

Introduction The Income Tax and Wealth Tax campaign for the year 2023 started on April 3rd and will end on July 1st. The personal income tax is one of the main taxes in terms of revenue collection by the Tax Agency, which all individuals who are tax residents in Spain are obliged to declare. They […]

Do you know about Model 720? The Model 720 is an informative declaration where basically assets and rights located abroad are declared by both individuals and legal entities. As it is an informative declaration, being required to submit it does not entail any financial outlay. It only serves to report on the economic content of […]

Today we’ll talk about address the fixed-term contract in the context of substitution due to pregnancy risk and the associated leaves for childbirth (maternity and paternity). In the following post provided by Global Mind Advisors, we will clarify some issues concisely: When a person has their contract suspended due to parental leave or pregnancy risk, […]

The tax impact of this type of operation must be analyzed considering both direct and indirect taxation. Let’s see: 1. Direct taxation: Non-Resident Income Tax All Double Taxation Agreements signed by Spain grant taxing power to the state where the properties are located. Consequently, all income derived from the lease of real estate in Spain […]

Whether you are an individual or a legal entity, the following information is relevant for you, as all companies and self-employed persons who carry out operations with third parties must declare them annually through the form 347. What is Form 347? Form 347 is an annual informative declaration to the Tax Agency that must be […]

At the height of digital and the global flow of information in the 21st century, the creation and updating of digital spaces is essential. However, many face economic hurdles that limit innovation in their companies. If you find yourself in this situation, stay motivated! Discover here three key resources that will lead you on the […]

Starting this year, if you carry out transactions on platforms like Wallapop or Vinted and exceed €2,000, or 30 transactions per year, be aware that the Tax Agency will be informed of these details. According to the Tax Agency, declaring sales on second-hand platforms becomes essential to maintain fiscal transparency and contribute to the proper […]

In this analysis provided by Global Mind Advisors, we will delve into the upcoming innovations that are poised to redefine the professional landscape in the coming year. From changes in the dynamics of the labor market to emerging trends that will impact business strategies and individual careers, we’ll examine each crucial element. Join us as […]

Did you know in Spain, you have to pay taxes even if your property is vacant? f you are a non-tax resident in Spain and own properties, we explain the key points to understand your tax obligations and avoid penalties from the Tax Agency. In this news article, provided by Global Mind Advisors, we offer […]