STOP PAYING THAT MANY TAXES! WE HELP YOU PAY 24% INSTEAD OF 45% ON INCOME TAX

Paying 45% of your income in terms of taxes can be very painful. After hours and hours of effort generating money, seeing how nearly half of your work fades away is undoubtedly an unpleasant experience. But … what would happen if we tell you that you can only pay half of those taxes, transitioning from 45% to 24%? If this is something that interests you … then you should know what the Beckham Law in Spain is.

WHAT DOES THE BECKHAM ACT EXACTLY CONSIST OF?
Through the application of this law, all non-residents in Spain who start working in the country can start to be taxed on income paying just a flat rate of 24% (up to €600,000). This allows a clear tax saving against the usual Spanish rate of 45%.

In addition, this law also has advantages in other areas: the gains obtained through dividends or by the sale of both movable and immovable assets will be charged at a flat rate of 19%, and the inheritance tax will be applied as if the applicant were resident of Spain.

REQUIREMENTS FOR THE TAXATION WITH THE BECKHAM LAW IN 2019
In general, the documentation required to apply for the Beckham tax law consists of:

  • Work contract performed by a Spanish company, with a minimum duration of one year
  • Proof that the reason for the applicant’s movement to Spain is for work reasons
  • Application document to be sent to the competent authority

How can we help you? Explain your situation so we can start now:

After helping me get my entrepreneur visa, Balcells Group started managing my taxes. As a UK citizen who has no experience in dealing with Spanish taxes, it was a great relief having an experienced team handle that issue for me. The service provided was excellent, they went above and beyond to ensure that my taxes were up to date and that I was paying no more than needed.

Jason Smith

Tax Planning Service

PAY FEWER TAXES WITH THE BECKHAM LAW IN SPAIN

STOP PAYING THAT MANY TAXES! WE HELP YOU PAY 24% INSTEAD OF 45% ON INCOME TAX

Paying 45% of your income in terms of taxes can be very painful. After hours and hours of effort generating money, seeing how nearly half of your work fades away is undoubtedly an unpleasant experience. But … what would happen if we tell you that you can only pay half of those taxes, transitioning from 45% to 24%? If this is something that interests you … then you should know what the Beckham Law in Spain is.

WHAT DOES THE BECKHAM ACT EXACTLY CONSIST OF?
Through the application of this law, all non-residents in Spain who start working in the country can start to be taxed on income paying just a flat rate of 24% (up to €600,000). This allows a clear tax saving against the usual Spanish rate of 45%.

In addition, this law also has advantages in other areas: the gains obtained through dividends or by the sale of both movable and immovable assets will be charged at a flat rate of 19%, and the inheritance tax will be applied as if the applicant were resident of Spain.

REQUIREMENTS FOR THE TAXATION WITH THE BECKHAM LAW IN 2019
In general, the documentation required to apply for the Beckham tax law consists of:

  • Work contract performed by a Spanish company, with a minimum duration of one year
  • Proof that the reason for the applicant’s movement to Spain is for work reasons
  • Application document to be sent to the competent authority

After helping me get my entrepreneur visa, Balcells Group started managing my taxes. As a UK citizen who has no experience in dealing with Spanish taxes, it was a great relief having an experienced team handle that issue for me. The service provided was excellent, they went above and beyond to ensure that my taxes were up to date and that I was paying no more than needed.

Jason Smith

Tax Planning Service

HOW CAN WE HELP YOU? EXPLAIN YOUR SITUATION SO WE CAN START NOW:

Based in Barcelona, with over 40 years of professional experience, Balcells Group Lawyers provides expert legal advice and services specialised in the areas of Immigration, Tax, Business and Legal

Location

Rambla de Catalunya, 124, 1-2
08008 Barcelona (Spain)
+34 936 31 51 39

HOURS

Monday - Thursday | 9:00 – 14:00, 16:00 – 19:00
Friday | 9:00 - 17:00

Subscribe to our Newsletter:

© Balcells Group | All Rights Reserved | Site by INZONE

Based in Barcelona, with over 40 years of professional experience, Balcells Group Lawyers provides expert legal advice and services specialised in the areas of Immigration, Tax, Business and Legal

Location

Rambla de Catalunya, 124, 1-2
08008 Barcelona (Spain)
+34 936 31 51 39

HOURS

Monday - Thursday | 9:00 – 14:00, 16:00 – 19:00
Friday | 9:00 - 17:00

Email

info@balcellsgroup.com

Subscribe to our Newsletter:

© Balcells Group | All Rights Reserved | Site by INZONE