by Yolanda Perez | Oct 5, 2023 | Spanish Law
You should consider taking advice on what would happen if you subsequently lose your mental capacity. Please bear in mind that a UK Lasting Power of Attorney (LPA) is highly unlikely to be recognised in the jurisdiction of Spain on its own as it does not contain any...
by Pilar Cerrutti | Oct 4, 2023 | Spanish Law
Irrespective of one’s domicile, inheritance tax is a mandatory legal obligation that must be complied with. This tax is imposed on any asset received as inheritance that is in Spain or if there is any connection with the country. It is important to note that...
by Pilar Cerrutti | Sep 18, 2023 | Spanish Law
Having a Spanish lawyer when buying or selling property in Spain is highly recommended and can be of significant importance for several reasons: Legal Expertise: Spanish property laws and regulations can be complex and vary by region. A qualified Spanish lawyer will...
by Pilar Cerrutti | May 2, 2023 | Spanish Law
If you are going to buy or inherit a property in Spain, these are the two words you should remember: reference value. From January 2022, the Tax Authorities, through the General Directorate of Cadastre, have determined a new value, apart from the cadastral value,...
by Pilar Cerrutti | Jan 20, 2023 | Legal Updates, Spanish Law
Since 1 January 2023, the Start-up Law has been in force. Many of the measures that we discussed in previous posts have been approved and in December 2022 Law 28/2022, of 21 December, on the promotion of the start-up ecosystem, more commonly known as the...
by Pilar Cerrutti | Nov 16, 2022 | Spanish Law
Spain has for some time now been approving measures that will facilitate the creation and operation of new businesses, and thus bring new talent to the country. A series of measures have been approved that seek to provide much more attractive tax incentives for...