Dear customers, partners and friends, As 2024 comes to a close, we would like to express our sincere thanks for your trust and support throughout this year. It has been an incredible year that would not have been possible without each and every one of you. It is with great excitement that we look forward…
It is noticeable that the Christmas holidays are approaching, with the illusion in the streets full of people, the children running down the street, the Christmas lights of our beloved Calle Larios, and from MDG Advisors, we want to join in that joy, and inform you of a recent consultation of the Directorate General of…
Don’t miss this free webinar on smart financial planning for expats! 🗓 Date: Tuesday, 17 December ⏰ Time: 13:00 EST | 19:00 CET 📢 Experts in key areas will give you top tips: 💼 Financial Investing – Shane Clark, EuroAmerican Financial Advisors 📊 Tax Advice – Miriam Diouri García, MDG Advisors 🏠 Real Estate –…
In recent years, Malaga has established itself as one of the most attractive destinations for expatriates from all over the world. According to a study published by Internations, an expat website with more than 5 million users, Malaga has been voted the best expat destination worldwide. From its vibrant cultural life and enviable climate to…
What is the Non-Resident Income Tax without permanent establishment? The Non-Resident Income Tax is a tax that levies the incomes obtained in Spanish territory by individuals or entities that are not residents in Spain and do not operate through a permanent establishment. This tax is declared through Form 210: a tax form that must be…
Business Malaga is benefiting from the demand for services in the technology sector Consultancies, law firms, international schools, offices, furniture shops and real estate agencies are growing in the heat of this specific clientele. Technological Malaga is a reality that is more than established in the local economy and can be seen from different perspectives.…
When a taxpayer fails to pay their tax debts within the voluntary period, the tax authorities have several options to seize assets and ensure forced collection. One of the most common tools in recent years is the seizure of credits. Credit seizure procedures not only have an economic impact on the debtor but also commercial…
In Spain, according to the provisions of article 44 of Law 5/2021, individuals or legal entities that acquire a property to use it for their economic activity and include it in their current assets can benefit from the reduced rate of 2% of the Transfer Tax (ITP), instead of the general rate of 7%. This…
In the world of taxes, the Tax on Economic Activities occupies a special place in Spain. This local tax is levied on the exercise of business, professional or artistic activities. Therefore, if you are doing business in Spanish territory, the IAE is something you should be aware of. Entities with a net turnover of €1,000,000…
