Business

Start a spanish S.L. or GmbH and save tax..!

On the one hand, in Spain the establishment of a limited liability should be measured at the same bureaucracy such as in Germany. On the other hand, the authority, in contrast to Germany, mingle little in the matter of citizens. Even with almost exactly the same laws such as the Companies Act, laws and the application of laws differ widely. When it comes to the possibilities, a business in Spain compared with a business in Germany shows no difference in functionality.

The chapter of the Spanish GmbH amounts at least 3,000.00 EUR of  a fraction of the German GmbH-capital (that amount is freely available), monitoring and handling is far more liberal and business-friendly. The pretty liberal dismissal of operating expenditure benefits not only the company but the entire Spanish economy, which is why the urge to self-employment in Spain is far greater than for example in Germany. If in Spain the government harasses and spoon-feeds the entrepreneurs in the same rigid way  such as in Germany, probably not even a small business would be longer stay in Spain. Unfortunately, this economic liberalism has experienced limitations in Spain due to the long lasting  economic crisis. Also for the reason that the acceptance of a Spanish S.L. eg. in Germany is far higher than that of an English Limited. The existing double taxation agreements between Germany and Spain  give German entrepreneurs the opportunity to set up a representative office or a private limited company as a main or branch in Spain / Germany. Under EU rules  any Spanish GmbH may be transferred to Germany. This happens i.d.R. in the shape of the branch. Note, however, that the German tax office observes all operations of foreign companies and banks have to report this to the tax authorities on opening of accounts of foreign companies.

Benefits and how use a Spanish S.L. / GmbH

- The Spanish SL (GmbH) is a full-fledged EU company
- You can establish and lead a new branch in Germany or any other EU country under EU law and save taxes
- Registration by a notary certificate with ID number / also possible the translation in another language

- Registration in the commercial register - Company account / bank account / Online Banking
- The parent capital of the Spanish SL is only 3006 EUR *
- If required, with tax consultant (Monthly extra cost)
- In Spain the manager / CEO of the company is not liable

- Poor credit information or OE no longer is a problem
- Quickly and easily with applications for EU Tax ID number
- Low taxes / only a fraction of what the German tax office demands
- No master certificate required
- Competition clause: No more warnings
- On request can also be created anonymously (with Trustee GF)
- Property purchase: You save taxes by establishing a S.L.
- You do not have to worry about anything in Spain, we do it all here for you! Quickly and professionally

The taxation is significantly lower than in Germany..!

Even the taxation of a Spanish GmbH differs vastly from that of a German GmbH. Thus , the German GmbH is indeed charged with a tax rate of 15%, but added with the trade tax (in Spain unknown), a GmbH may be quite well over 30% in Germany. In addition, the proceeds of a GmbH participation at the shareholder's personal income tax rate is subject  to basic or splitting table. So that the church tax can be taking into account the solidarity surcharge and, if necessary, give a total tax burden of about 50%.
In Spain, the corporate tax rate is currently 25%. But compared to a far from larger deductibility of expenses it can reasonably be expected from an effective impact at an SME of around 20%. Income from the participation in a S.L. (Sociadad Limitada) (made in 2012 and 2013 supplements) for fully taxable shareholders living in Spain is subject  to a flat tax rate of 21% . This means a significantly more favorable taxation of shareholders (Note: shareholders who are fully taxable in Spain!).
The deductibility of business expenses in Spain is far more permissive (eg. For entertainment expenses, private car use, etc.).

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