Tax
Commercial
Labour
Procedural
Business Management
Tax
Advice
We offer expert, comprehensive advice to support and facilitate decision-making. We are committed to providing this on an ongoing basis to optimise your individual and corporate tax burden.
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We provide our clients with permanent advice as a continuous service. This is not limited to issues that arise in the everyday running of your affairs. It extends to updates on legislative and general developments with a potential impact on you as and when they arise.
Since effective planning is crucial to the success of new products and investments, we also assist with their design and configuration.
Consistent, comprehensive tax planning gives you the edge over your competitors. You can make decisions based on tax security and benefit from all the legal advantages.
Last but not least, our services are always marked by our devotion to vocational excellence and our customised approach to our clients’ needs. We achieve this by effectively integrating into your team to cover the following areas:
- Regular tax regulation updates.
- Personal and Corporate Income tax.
- Indirect taxes (VAT, Property Transfer Tax and Stamp Duties, etc.).
- Other direct and local taxes.
- Tax consolidation.
- Family-owned business.
- Inheritance planning.
- Non-residents in Spain.
- International tax planning.
- Transfer pricing.
- Foral tax regulations.
- Canaries tax scheme.
- Application of other special schemes.
- Processing of the VAT refund applications in other countries.
- Preparation of tax returns (Personal and Corporate Income Tax , Intrastat and local taxes) and informative statements (720, ETE, etc.).
- Business internationalisation assistance.
- Tax audits and investigation and researching company sales and acquisitions.
Restructuring
and transactions
We have extensive experience in planning and business reorganisation (mergers, divisions, exchanges of securities, non-cash business contributions) and personal assets, adapting our work to each client’s specific needs.
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Our team is highly specialised and experienced in these operations, having participated in numerous transactions of all kinds. The firm’s Mergers and Acquisitions Department is staffed by a multidisciplinary team that tailors its approach to each operation, ensuring the most appropriate formula for each operation regardless of the degree of complexity.
Our main areas of activity are the following:
- Mergers, divisions, transformations, stock exchange transactions, non-monetary business contributions and all types of commercial restructuring operations.
- Purchase and sale of companies and businesses in general (sales of shares and assets).
- Business group restructuring.
- Strategy and investment formulas in business.
- Business divestment methods.
- Constitution and establishment of vehicles for investments.
- Tax analysis of these operations and application of the special tax regime.
- Labour implications.
- Analysis of the accounting and asset implications of operations.
- Reducing partners’ income tax burden.
Family and
inheritance law
Our Family and Inheritance Law area is staffed by experts in Civil and Tax Law who coordinate to support clients and suggest the most efficient course of action.
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In general, the main areas of action are the following:
- Inheritance planning and advice on intergenerational relay.
- Advice on the design, negotiation, drafting and implementation process of family covenants and protocols.
- Advice and drafting of wills and inheritance covenants and execution of judicial and extrajudicial hereditary partitions.
- Preparation and drafting of prior arrangements, marital arrangements and cohabitation covenants. Matrimonial property regime.
- Preliminary and judicial stages of separation and divorce.
- Drafting wills. Inheritance planning
- Inheritance and distribution of property.
More specifically, we have extensive experience in advising on the following problems in the inheritance field:
A. SUCCESSION PACTS
Succession pacts or inheritance agreements organise a person’s inheritance in a manner similar to a will, and the agreement is binding on both parties. They are indispensable tools in the case of complex legacies and family businesses.
- Succession pacts make it possible to arrange the future inheritance in a manner similar to a will. However, when agreed bilaterally by the legator and the beneficiaries, the pact is binding on both parties and can only be amended if they formalise a subsequent agreement.
- Succession agreements that allow the transfer of inheritance during the legator’s life – similar to a living donation – are an effective method of tax planning, ensuring significant savings in the Inheritance Tax and Gifts in the Wealth Tax.
- We obtained the first resolution from the General Directorate for Taxation confirming that the succession agreements with delivery during life are subject to Inheritance Tax and not taxes on donations or income tax on capital gains.
- This includes comprehensive management of inheritance procedures involving individuals not resident in Spain, whether the deceased is resident in Spain or, if resident in another country if the inheritance includes goods or rights located in Spain.
- Our services include granting notarised deeds and, where possible, drafting private documents; calculating the taxes payable and completing and filing tax returns; processing legacies with property registries; and making name changes in administrative records, planning the best options so that the legatees pay the minimum taxes and as simply as possible.
- B. INHERITANCE RECEIVED BY NON-RESIDENTS
We offer our clients comprehensive management of inheritance procedures in case of individuals not resident in Spain.
Family-owned
businesses
When it comes to estate planning and succession, our professional teams of lawyers and economists pay particular attention to all the business’ legal requirements.
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Our areas of expertise include the following:
Tax Law
- Taxation, incentives and advantages of family businesses.
- Planning and advice on internationalisation of the family business.
- Advice on corporate reorganisation: separation and reimbursements of contributions to partners.
- Inheritance planning and advice on intergenerational relay.
Private law
- Advice on the design, negotiation, drafting and implementation process of family covenants and protocols.
- Guidance and drafting of wills and inheritance covenants and execution of judicial and extrajudicial hereditary partitions.
- Preparation and drafting of pre-nuptial agreements, marital arrangements and cohabitation covenants.
- Corporate Law, including all matters relating to incorporation, amendments of articles of association, board secretariats and agreements between partners.
Procedural Law
- Corporate disputes, including challenging corporate agreements, shareholder disputes, execution of partnership agreements and liability claims against directors.
- Inheritance disputes, including all kinds of court proceedings.
TAX INSPECTIONS AND LITIGATION
ETL GLOBAL ADD represents its clients before the Tax Administration in all its instances and actions.
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ETL GLOBAL ADD supports its clients in appeals and claims against the Tax Administration in all its instances and actions, from tax management offices to inspections, from the economic-administrative to the highest courts, including the Supreme Court and the Tax Administration: the Constitutional Court and the Court of Justice of the European Union.
We defend your interests by combining a perfect mastery of procedural law and a thorough knowledge of the tax system with experience as tax advisors in areas such as the following:
- Management procedure.
- Dealing with demands and additional tax statements.
- Inspection assistance and representation.
- Administrative appeals and claims.
