Here are 5 mistakes people and Corporates make when setting up in Spain

Here are 5 mistakes people and Corporates make when setting up in Spain that come up all the time. The good news is: most of them are fixable.

1. Business registered under the wrong activity

2. Missed special tax regime deadlines

3. Relied on advice from an accountant or financial advisor who didn’t have experience in Spain.

4. Misunderstood the role of Director in Spain… it carries a lot more liability than other countries!

5. Thought they could fix things after the tax year… Once the deadline passes, some things can’t always be undone.

This stuff is hard to navigate but my job is to help clients get back on track properly.

If you’re worried, don’t panic. Just drop me a message and we can help.