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The price in the sales process is essential for the transaction to be successful. If the asking price is set too high, there will be no buyers, and it will take longer to sell. On the other hand, if the property is priced too low, it may sell more quickly, but the transaction will yield less profit. Ways to calculate the selling price of a...Read more

Before death, it is best to make a will that includes everything you need. But… What can be regulated through this document? Identification of the testator The testator is the person who grants the will, that is, the person who is making the decisions about the distribution of his or her assets. Therefore, it is important to begin with a clear identification of the testator,...Read more

Among all the taxes and procedures that companies must complete are annual accounts, one of the central obligations of many entities. What are annual accounts? Annual accounts are a set of accounting documents that reflect the financial and equity situation, as well as the results, of companies at the end of each fiscal year. These documents are mandatory for some entities, such as public limited...Read more

When purchasing a home, you must consider not only the price you must pay the seller, but also all the fees and taxes associated with the transaction. This way, you’ll be fully aware of everything you’ll need to pay and avoid unexpected surprises that could cause financial problems for the buyer. Taxes to be paid for the purchase of a home The taxes payable when...Read more

One of the most feared aspects of any transaction is the potential tax implications. When you receive an inheritance in Spain, you’ll also have to pay various taxes. Inheritance tax This tax is primarily applied when an inheritance is received after death. It is paid for the transfer of the deceased’s assets to another natural person. Payment is mandatory for the heir throughout the Spanish...Read more

Everything related to taxes is complex and often feared. In Spain, as in many other countries, there are different taxes applicable to transactions and individuals depending on each individual’s specific situation. Let’s clarify some aspects related to Spanish taxation for foreigners. Which foreigners must declare their income? The difference between declaring income tax and not doing so lies in whether or not you are considered...Read more