How we can advise on your tax and fee matters in Spain
Being aware of what taxes and fees you will have to pay when you are buying a new home in Spain is crucial. If you handle this process in the correct way from the start you remove the risks of encountering problems in the future.
Inheritance tax, property tax, income tax, registration fee and municipal tax. These all some of the taxes and fees that you have to pay before, during and after the property purchase. The amount of these depend on several factors, among all whether you are planning to rent out your home, the regional laws in the area where you are buying your home, and how to move forward if you ever plan to sell your property.
Our accounting experts have comprehensive legal experience within taxes, financing and accounting.
We can help you with;
- General tax rules for businesses and individuals
- Creating Tax Identification Number (NIF) for companies and individuals
- Allocate a tax representant in Spain who will help you with tax declaration, annual accounts for companies etc.
- Tax evaluations regarding sales and purchase of property, entreprises and limited liability companies etc.
- Advice regarding relocation from Norway to Spain, and questions about Spanish citizenship
By involving us in the process from the beginning we can ensure that everything follows procedure, and that you avoid any unpleasant legal or economic surprises later on.
If you own a property in Spain while you live in Norway you are a non-resident of Spain. As a non-resident you have a responsibility to pay certain taxes and fees, and also to know how to report this in your tax declaration. We can offer you expert knowledge that is cost effective, to boot.
Norwegians have bought and rented out properties in Spain for years. If you want to rent out yours, either long- or short-term, you need to make sure you are aware of your rights and responsibilities as a landlord. Always have a written agreement with your tenant, and make sure that your contract adheres to Spanish laws by setting up the contracts in the right way. Also remember to pay the correct taxes and expenses for renting. We will happily advice you on how to do this in the most efficient and safest way.