Establish a Trust in Spain

Establish a Trust in Spain

Trusts are commercial organizations managed by individuals who hold the title to the business' property for the benefit of one or more beneficiaries. The Spanish tax authorities regard trusts as legal entities which must have a business purpose and must operate as a business. The rules that apply to a trust depend largely…
Read More
Create a Foundation in Spain

Create a Foundation in Spain

Foreign businessmen who want to create a foundation in Spain need to get acquainted with the specific legislation applicable in this area. The local government adopted new regulations on foundations in Spain, including the possibility to dissolve an inactive foundation or a foundation that does not fulfill its purposes. Our attorneys in Spain can give you further…
Read More
Open a Restaurant in Spain

Open a Restaurant in Spain

The food industry in Spain is one of the most attractive areas of investments as this country is a well-known touristic destination. Spaniards and foreign tourists spend a good amount of their money drinking and eating in restaurants so, opening a restaurant in Spain can be a very successful decision. Before starting a business in this field, you should…
Read More
Open a Company in the Construction Sector in Spain

Open a Company in the Construction Sector in Spain

In order to open a company in Spain in the construction sector, the investors will need to perform certain incorporation steps which are specific to this field. Although the registration procedure will follow the same steps which are prescribed for legal entities operating in various business domains, the construction company will also need to obtain special permits and licenses which…
Read More
Establish an Investment Fund in Spain

Establish an Investment Fund in Spain

There are numerous types of investment funds available in Spain, addressed to various types of investors. The Spanish legislative framework has incorporated the regulations provided by the European Union, because the country has been a member state of the Community since 1986. Our team of Spanish lawyers can offer assistance on the requirements that should be met…
Read More
Conveyancing Process for Buying a Property in Spain

Conveyancing Process for Buying a Property in Spain

Processing the legal papers involved in transferring an ownership interest of a real estate property from one of the parties to the other (purchasing a property) bears the legal term of conveyancing. This means that both the buyer and the seller have to meet their obligations. It is advisable to seek counsel from a…
Read More
Fiscal Representation of a Foreigner in Spain

Fiscal Representation of a Foreigner in Spain

Non-resident owners of real estate assets in Spain have the obligation of paying taxes to the Spanish tax office ("agencia tributaria"). This particular fiscal duty is not the same as the IBI ("impuesto sobre bienes inmuebles"). Therefore, non-residents have to appoint a Spanish fiscal representative. What does Spanish fiscal representation imply? Those who are not…
Read More
Obtaining a NIE in Spain

Obtaining a NIE in Spain

The Foreigners’ Identification Number, NIE (“Número de Identidad de Extranjero”), is an identification and tax number required for every official processes ranging from buying a car or a property to paying your taxes in Spain. Without this NIE, Spanish authorities cannot process your annual tax payments (income and wealth taxes) which have to be declared…
Read More