Beckham Law Consultation in Spain

• Employees who relocate to Spain from abroad, and who fulfil a series of obligations, can benefit from a generous tax regime known as the ‘Beckham Law Spain’. 
• The Spanish expat tax regime under the Beckham law provisions can substantially reduce taxes in Spain for expats, if they have recently relocated to Spain for work purposes and depending on their economic circumstances. Typically, the tax applicable is reduced from 45%+ to 24% and is applicable for a period of up to 6 years.

To qualify for the Beckham Law special tax regime, applicants:

• must not have been tax residents in Spain during the last 10 years prior to their application
• should be employed by a company in Spain or transferred from a foreign company to its Spanish subsidiary.
• must not own more than 25% of the company they work for
• must register as fiscal residents in Spain, and 
• initiate their application within six months of starting their employment.

1. Eligibility Assessment: We begin by verifying your eligibility for the Beckham Law, including residency status and employment details.
2. Fiscal Registration: Assisting in the registration process as a tax resident in Spain, which includes obtaining a Foreigner Identification Number (NIE).
3. Application Submission: We guide you through compiling and submitting all necessary documentation to the Spanish Tax Agency to apply for this tax regime.

• Significant Tax Savings: Benefit from a fixed income tax rate of 24% on earnings up to €600,000. Any income above this threshold is taxed at a higher rate of 47%, still offering substantial savings compared to the general progressive tax rates that can reach up to 45%.
• Exemption on International Wealth: No need to report or pay taxes on overseas assets or income, simplifying your exposure to Spanish wealth tax significantly.
• Expert Guidance: Our team ensures a smooth application process and helps you maximize your fiscal benefits while complying with all legal requirements.

• Streamlined process tailored to expats' specific needs.
• Strategic tax planning to optimize fiscal benefits under the Beckham Law.
• Continuous support from our experts throughout the application process and beyond.