Financial Services
Paying
tax in Spain as in any country is an experience that we never look
forward to. However worse than paying tax we think is paying too
much tax and we have found that a high number of our clients were
paying too much before then contracted our services.
At
Continental Consulting we are able to provide a full service covering all matters of
business tax personal tax and wealth tax. These taxes make up the
back bone of the Spanish tax system and need to be managed with
expert help.
We have
a small team dedicated to the set up of new businesses and the tax
they initially will be liable for. The setting us of any new
business is a challenge that we aim to make easier.
Our
team are experts in lease and rental contracts, in social security
and I.V.A and in the maintenance of monthly book keeping.
We
handle all aspects of Spanish taxation and are able to offer a
dedicated service in the following
-
Spanish income tax returns and wealth tax returns for non
residents of Spain
-
Income tax returns and wealth tax residents of Spain
-
Quarterly IVA returns and yearly IVA summery
-
Quarterly payments on account of income tax and tax retentions
-
Annual tax returns for national companies
We are
pleased to offer a complete service for new clients who are in the
process of buying or leasing businesses. One of the most important
factors when taking over a businesses is to make sure that you what
you are actually taking over. Lease contracts in Spain do have
clauses that favour the owners of the freehold and not the lease
holders, we aim to target all angles of all contracts making them
viable and appealing for our clients.
Legally
all business owners have to be registered at the social security
office in their local town and are obliged to pay their own social
security. As a self employed worker you are obliged to pay to 244
Euros a month in social security payments. If you employ any staff
members legally you are obliged to give them a work contract and pay
their social security. There are many different options to choose
from in this area and we will help you make the best decision based
on your circumstances to minimise cost however legally provide
cover.
In Spain as in the UK upon earning money from any registered business you are entitled to pay tax. The tax is based on your quarterly earnings and the books that you provide. At Continental Consulting we will study all of your business accounts and then make your quarterly declarations for you advising you if any modifications can be made to minimise your tax implications.
