Tax return Spain

Filing tax returns in Spain requires deep understanding of constantly evolving regulations, available deductions, and compliance requirements that differ significantly from other countries. Whether you are managing corporate tax obligations, personal income tax as an expatriate, or VAT returns for your business, our specialized tax return services ensure accurate filing, maximum legal savings, and complete peace of mind. With professionals with over 40 years of experience serving international clients, we transform Spain's complex tax system into strategic opportunities for your financial success.

Understanding Spanish tax obligations

Spain's tax system encompasses multiple layers of obligations at national, regional, and local levels. Residents face worldwide taxation while non-residents navigate specific rules for Spanish-source income. Recent digitalization initiatives require electronic filing for most returns, adding technical requirements to regulatory complexity.

Corporate tax return services

Spanish corporate tax requires careful planning to optimize your effective rate while maintaining compliance. Our comprehensive approach ensures you benefit from all available incentives while avoiding aggressive positions that could trigger inspections.

Annual corporate tax preparation (tax form 200)

Complete preparation of your annual corporate tax return including:

• Tax accounting adjustments from commercial accounts
• Application of tax credits and deductions
• R&D incentive calculations (up to 42% credit)
• Patent box regime benefits (50% reduction)
• International tax optimization for groups
• Loss carryforward management

Quarterly advance payments (tax form 202)

Strategic calculation of quarterly payments to optimize cash flow while meeting obligations. We monitor year-to-date performance, adjusting when possible payments to avoid large year-end settlements or refunds that trigger reviews.

Special tax regimes

Expert application of beneficial regimes including:

• ETVE holding companies - 95% exemption on dividends
• Startup companies - 15% rate for four years
• Small companies - Reduced rates and simplified accounting
• ZEC Canary Islands - 4% corporate tax rate
• Consolidated tax groups - Offset profits and losses

Personal tax return services

Spanish personal income tax presents unique challenges for expatriates and international professionals. Our service ensures optimal treatment of worldwide income while leveraging applicable treaties and exemptions.

Resident tax returns (tax form 100)

Comprehensive preparation covering all income sources:

• Employment income optimization
• Investment income and capital gains
• Rental income from Spanish and foreign properties
• Business and professional income
• Pension and social security benefits
• Cryptocurrency and digital asset reporting

Expatriate tax optimization

Specialized strategies for international assignees:

• Beckham Law application - 24% flat rate vs. progressive rates up to 47%
• Exit tax planning for departing residents
• Treaty benefit application to avoid double taxation
• Foreign tax credit optimization
• Trailing compensation and deferred bonus treatment

Non-resident tax returns (tax form 210)

Efficient filing for non-residents with Spanish income:

• Rental income from Spanish properties (19-24% tax)
• Capital gains on property sales
• Spanish employment or director fees
• Investment income from Spanish sources
• Pension taxation for non-resident retirees

VAT and indirect tax returns

Spain's VAT system requires meticulous record-keeping and timely filing. Our service ensures compliance while maximizing legitimate recovery opportunities.

Regular VAT returns (tax form 303)

Monthly or quarterly VAT return preparation including:

• Output VAT calculation and invoice control
• Input VAT recovery maximization
• Intra-community transaction reporting
• Reverse charge mechanism application
• Pro-rata calculations for mixed activities

Annual VAT summary (tax form 390)

Year-end reconciliation ensuring consistency between periodic returns and annual summary. We identify and correct discrepancies before filing, avoiding tax authority queries.

Special VAT situations

Expert handling of complex scenarios:

• VAT refund claims for excess input tax
• OSS returns for e-commerce businesses
• Import VAT deferment accounts
• Real estate VAT and transfer tax optimization
• Cash basis VAT scheme for SMEs

Wealth tax and asset reporting

High net worth individuals face additional reporting obligations requiring careful coordination between Spanish and international holdings.

Wealth tax returns (tax form 714)

Strategic preparation minimizing wealth tax exposure:

• Worldwide asset valuation
• Exempt asset identification (primary residence, business assets)
• Regional variations optimization (Madrid exemption vs. Catalonia rates)
• Wealth tax vs. income tax cap application
• Family planning strategies

Overseas asset declaration (tax form 720)

Mandatory reporting of foreign assets exceeding €50,000:

• Bank account aggregation and reporting
• Foreign property valuations
• Investment portfolio declarations
• Cryptocurrency and digital asset reporting
• Penalty avoidance through accurate filing

Tax optimization strategies

Beyond compliance, we implement strategies to legally minimize your Spanish tax burden:

Timing strategies

• Income and expense recognition optimization
• Capital gain realization planning
• Dividend distribution timing
• Asset disposal structuring

Structure optimization

• Holding company benefits utilization
• Family business succession planning
• Investment vehicle selection
• International restructuring opportunities

Deduction maximization

• Personal deduction optimization (family, disability, age)
• Housing deduction strategies
• Pension contribution planning
• Charitable giving structuring

Tax audit support

Should tax authorities question your returns, our expertise becomes invaluable:

• Information request responses
• Audit meeting attendance
• Documentation preparation and presentation
• Settlement negotiation
• Appeal preparation if needed

Industry-specific tax considerations

Real estate investors

Special rules for property income, capital gains exemptions for reinvestment, SOCIMI REIT structures, and tourist rental compliance.

Technology companies

R&D credits, patent box benefits, startup law advantages, and digital service VAT rules.

Service process and timeline

1. Initial consultation: Review tax situation and identify opportunities
2. Document gathering: Systematic collection using our checklist
3. Preparation: Expert analysis and calculation
4. Review meeting: Discuss findings and optimization strategies
5. Filing: Electronic submission with authorities
6. Follow-up: Payment arrangements and future planning