by mpspain | Feb 13, 2016 | Articles
In this article we will explain how to know if to date a natural person (private individual) not Spanish national is a resident in Spain for tax purposes. This is important as the way in which natural persons must pay income tax in Spain is determined by whether they...
by mpspain | Nov 20, 2015 | Articles
Can you deduct VAT (IVA) from the cost of acquisition or maintenance of a private vehicle when it´s used in your professional activity as self-employed or in your business activity? A common question asked by self-employed workers is if they can deduct VAT from the...
by mpspain | Oct 7, 2013 | Articles
The goverment has included in the new Entrepreneurial Law, ratified last week by Spain´s Parliament, a clause granting residency to Non-EU Nationals who purchase a property in Spain worth more than 500.000 €. Also to all those who buy more than 2 million Euros worth...
by mpspain | Apr 5, 2013 | Articles
Residents in Spain will need to declare any assets outside Spain worth over 50.000€ Tax residents in Spain must now begin reporting to the tax authorities any overseas assets they hold worth more than 50.000€. This requirement is part of Spain´s new anti-fraud law...
by mpspain | Nov 7, 2012 | Articles
NIE Number in Spain Foreigners with financial, professional or social interests in Spain will need to apply for a NIE (Número de Identificación de Extranjeros) which is a personal and exclusive foreigner identification number. As many think, buying a property in Spain...
by mpspain | Nov 7, 2012 | Articles
Want to start a restaurant / cafe / bar on the Costa del Sol? In this article we explain the factors to take into account when setting up this type of business, the initial steps and procedures and the best way of accounting. Before you head to the opening of a...