"I am very satisfied with the services Strong Abogados have rendered for my companies. They are very professional, knowledgeable and give a very high level of customer service . I can fully recommend this company to others seeking help in accounting, law and tax matters."
Manuel F.
Accounting in Spain
There are several good reasons to use Strong Abogados as your accounting firm in Spain:
- 100% digital: If you send your accountant an export file from your invoicing software, why should you pay extra based on the number of entries? Our software engineer makes sure data flows efficiently from your company to ours.
- Transparency: All tax forms filed for your company appear in your online account, as well as quarterly balance sheet and profit & loss statements.
- Service in English: Our in-house accountants speak English, so you will receive personal service in your language. We are experts in performing accounting for companies with foreign clients and providers.
If you already have an accountant, we will take care of the transition at no additional cost.
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Case study in EU sales via Amazon
FAQs:
Can you do the accounting according to UK GAAP?
What are the rules about how an invoice needs to look?
What is the VAT tax rate in Spain?
Does my Spanish company always need to include VAT tax when billing our clients?
What tax forms need to be filed for a Spanish company?
With an SL, when do I get a refund of the VAT tax I've paid?
Can I deduct gifts to clients?
Does my company need to report our invoices electronically to the tax office?
What does your service include?
Why choose Strong Abogados to do my accounting in Spain?
Call us at 932 155 393 or fill out the form below.
- Your company name, CIF, and address.
- The customer's full name, CIF (or NIF or NIE), and address.
- A unique invoice number.
- The invoice must have a line for the amount before IVA is added("base imponible"), as well as a line for the IVA itself.
In Spain, payments are typically made via bank transfer. In this case, since the client will pay some time after receiving the invoice, it's a good idea to include the following disclaimer: "El pago de esta factura se acredita por su abono bancario" ("Your bank receipt is your proof of payment of this amount").
Legally, the invoice needs to be given or mailed to the customer, rather than sent as an email attachment.
If the invoice does not include IVA (see the next question), then the invoice needs to list the reference to the legal code under which this exemption applies.
Does my Spanish company always need to include VAT tax when billing our clients? You must always charge VAT tax to clients within Spain and to clients outside the EU. You must also charge VAT tax to EU clients, unless:- the transaction forms a valid intracommunitary supply between two VIES VAT-registered entities in separate EU member states, or
- if a service is delivered to another member state that qualifies under the Reverse Charge rule, in which case the VAT registered recipient would have to self account for VAT tax.
It is the nature of the transaction that dictates whether or not VAT should be charged. In the above exceptions, certain administrative details need to be complied with in order to qualify for the VAT exemption. When in doubt, charge VAT.
If you have a client located in another EU country, in some cases you may have to register in that country then charge VAT from that local entity.
Can I deduct gifts to clients? Yes, in Spain you can deduct gifts to clients and suppliers, but only up to 1% of your company turnover. Anything over that 1% is not deductible. Does my company need to report our invoices electronically to the tax office? Countries have been implementing the EU directive to electronically report VAT on all invoices created. Spain and other countries have been granted extensions in implementing this directive. Spain finally passed the regulation called SII (Sistema Inmediato de Información) which declares that starting July 1, 2017, any company that has over 6MM€ in annual invoicing must send their invoices to the Spanish tax office within 4 days of creation of the invoices.