Are you an entrepreneur or professional operating in Spain? If so, the Spanish tax landscape can sometimes be a maze. From tax benefits for digital nomads to smart choices between bonus and dividend: we list the most important developments for you, so you can take full advantage of the tax opportunities Spain offers.

Digital nomads: where do you pay tax?

Do you work from Spain for a foreign company? Then you probably fall into the “digital nomad” category. Exciting, but also complex. Because what legislation applies and where do you pay social contributions?

Good news: with the special visa for digital nomads, you can live and work legally in Spain. But beware: you must comply with Spanish labor laws and probably contribute to the Spanish social security system. Sometimes, depending on agreements between countries, you can continue to pay contributions in your home country. In doubt? We are happy to help you find the best solution for your situation. In addition, it is essential to ensure a correct tax return to avoid surprises.

Beckham scheme: tax advantage for expats

If you fall under the Beckham scheme, as an expat you pay only 24% payroll tax on your income. This also applies to digital nomads, even without the necessary social security certificate. This tax benefit can significantly increase your net income. Want to know if you qualify? We would be happy to advise you on the conditions and how you can make optimal use of this arrangement.

Bonus or dividend? How to save tax

If you are a partner in a company and receive a salary, you can choose: bonus or dividend? Bonus is taxed at up to 47%, but is deductible for the company. Dividend is taxed between 19% and 28%, but is not deductible. In general, you can say the following: do you earn less than €60,000? Then the bonus is more advantageous. Do you earn more? Go for the dividend. We are happy to make a personal calculation to maximize your benefit. Moreover, social contributions and any deductions also play a role in this choice.

Share transfer and VAT: what about it?

Are you selling shares in a company that leases real estate? Then, in principle, VAT applies. But there are exceptions. For example, if you are selling into a holding structure that manages multiple companies, your transaction may be exempt from VAT. Applying this exemption correctly can save you a lot of costs. Our experts are ready to guide you through this. In addition, we ensure that you comply with the relevant laws and regulations to avoid any penalties.

Worry-free tax split

Do you want to split your company into a property management company and an operational branch? According to the Spanish tax authorities, this can be done without additional taxation, as long as you comply with the rules. The advantage: risk protection and more efficient management. We guide you step by step through this process, so that you get the maximum benefit. In addition, we look at the impact on your corporate income tax and any deductions.

Reinvest in your home tax-free

Are you selling your home and investing in a new home? Then you can keep the profits tax-free. But what if construction is delayed? Don’t worry, you can request an extension, provided you continue to comply with the rules. We make sure you don’t miss anything and secure your tax benefit. We also advise on possible deductions for renovation and improvement costs.

Tourist rental: also tax on unoccupied property

Do you rent out your home to tourists? Then you also pay tax on the days your property is vacant. This has been confirmed by the Spanish tax authorities. But, good news: certain costs, such as hospitality services, are deductible. Want to know what expenses you can deduct and how to optimize your tax return? We are at your service. We also advise you on VAT obligations and local tourist taxes.

Contact us easily!

Do you want to take full advantage of the Spanish tax rules? Contact us for a no-obligation consultation!

*** See, for the enthusiast, the links to the rulings of the tax authorities: here, here, here, here, here and here.