PRESENTATION
Either to find a job or to enjoy the flexibility of the Spanish tax systemdeveloping an economic activity, it is increasingly common for citizens of the European Uniondecide to come to live in Spain.
Indeed, Spain is one of the European countries that has an attractive and flexible fiscal policy, due tothe numerous conventions signed between EU countries and internationally (agreements against doubletaxation with Hong Kong, for example), so the administrative, legal and accounting procedures arelight and fast.
SOCIETY CREATION
The statutes of the company most frequently used in Spain are the "Responsibility SocietyLimitada (SL) and Sociedad Anónima (SA) ".
• There are no limitations regarding the number of shareholders, their residence or their nationality. AA single shareholder may be sufficient and may also be a manager / director.
• Minimum capital required entirely paid up at the time of creation of the company of3,006.00.- €.
• The companies are adapted to all types of legal activity and activities related tofinance, online games, banking or insurance can be done after obtaining the correspondinglicense. A company can carry out several activities.
• Companies can be managed from another country. For example, all official meetings ofshareholders and managers can be held abroad.
TAXATION
The Spanish tax system allows you to enjoy some advantages and tricks that reduce taxation and promotebusiness creation and business dynamism.
- The "Self-Employed" tax statute combines progressive taxation and limited procedures.
- The statute of "ETVE" allows to enjoy a total exoneration of the dividends brought from theForeign.
In short, the impositions would be the following:
• 0% Professional tax.
• 0% Learning rate.
• 0% Annual Concerted Tax (IFA).
• 0% Tax on goods transport vehicles (transport companies).
• 25% Corporate Tax for companies with a turnover of less than 8 million euros.
• 30.6% Social contributions.
• Refund of monthly or quarterly VAT (21%).
• 0% Tax on fortune, inheritance and donations. (Depending on the Autonomous Community).
• Guaranteed discretion: Shareholders who create a company are registered in the local Registry. I knowIt can, however, establish a "nominated" front man system, both for shareholders and formanager.