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 Spanish residents, but own property in Spain
, are liable for taxes
every year. Fiscal representation
is the process through which a company, for example one which is not established on Spanish territory, can be registered for VAT
purposes in the country. The company, however, is subject to corporate tax
only in its country of origin.
If the legal structure is fiscally-represented in Spain, then it can do the following:
- import goods;
- sell goods;
- file VAT forms (for compensating or recovering VAT).
Our lawyers in Spain
can provide you with further information about fiscal representation in Spain
and about the procedures involved in it.
Applying for Spanish fiscal representation
Companies that are registered in any European Union member state, as well as in other certain countries, can benefit from fiscal representation. The documents needed to apply for it include:
• a signed power of attorney;
• an agreement of fiscal representation;
• other legal papers.
This is normally completed in a couple of weeks. Our attorneys in Spain can make sure that you are fiscally-represented as soon as possible.
Services of fiscal representation in Spain
Services for non-residents in fiscal representation usually cover counselling and advice on the following:
- tax and cost planning for property operations;
- Spanish taxes for those who own property in Spain;
- taxes for foreign legal structures that own property in Spain;
- capital gains tax and VAT;
- receiving notifications from the tax authorities on behalf of the client's properties.
Furthermore, the fiscal representative in Spain
can provide assistance on the identification number (NIE)
which is mandatory in Spain in order to pay taxes. In case the property is owned by several persons, each of them is viewed as an independent taxpayer and thus must file a separate tax declaration.
Our Spanish law firm in Spain
can take care of all matters concerning taxes that you are liable for in Spain
and also of other legal issues
that you may encounter, so feel free to contact us