Corporate Tax and Annual Accounts: Key points for complying with your tax obligations in Spain
Corporate Tax and Annual Accounts: Key points for complying with your tax obligations in Spain Every year, thousands of companies and commercial entities in Spain must face two of the most important tax obligations of their activity: the payment of corporation tax and the filing of annual accounts. Both procedures are not only essential to […]
What is corporation tax and how is it calculated for small businesses (in Catalonia)?
Corporate income tax (IS) is a direct, personal and periodic tax levied on the income earned by companies and legal entities during their fiscal year. In Catalonia, it is applied in accordance with state legislation (Law 27/2014), with possible specific regional incentives. Who is liable and when is it payable? Commercial companies (SL, SA), protected […]
Do I need a tax advisor if I have just started a business?
Starting a business in Spain involves a series of tax and accounting obligations that can be complex for those who are not familiar with current regulations. Having a tax advisor from the outset can be a strategic decision that facilitates compliance with these obligations and optimises the company’s tax burden. 1. What is a tax […]
How to legally reduce taxes in an SME: effective tax strategies for start-ups and small companies
Reducing the tax burden legally is one of the main challenges facing many small businesses in Spain, especially during their first years of operation. To this end, having a professional tax and accounting advisory service specialising in SMEs makes the difference between success and uncertainty. In this article, Gutiérrez Pujadas & Partners, experts in comprehensive […]
Common tax mistakes in Barcelona companies
1. Late filing of taxes Failure to meet the deadlines set for filing taxes such as VAT, corporate income tax or personal income tax withholdings can result in surcharges and penalties. It is essential to keep strict control of deadlines to avoid penalties. 2. Incorrect application of tax deductions Many companies are unaware of the […]