Frequent question: Can I run my UK business from Spain?

Alternatively you may be able to contract to the UK company if you already have a Spanish business. You can also receive dividends instead as well as or in place of salary/contract but again you need to declare these in Spain.

Can I run a UK business from abroad?

You must register if you set up a place of business in the UK or if you usually carry out business from somewhere in the UK. Some types of company cannot register as an overseas company in the UK, including partnerships and unincorporated bodies. Contact the Department for International Trade if you need advice.

Can I live in Spain and work in UK?

Working in UK, but resident in Spain, spending 6 months in UK and 6 months in Spain. … If you are spending 6 months in each country then it’s possible you may be resident in both. Even if you spend less than 183 days in either it may still be possible to be resident in both.

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Can I start a business in Spain after Brexit?

After Brexit, Brits moving to Spain will have to meet Spanish immigration requirements—if you have a business in Spain, it will also mean having to register your business in Spain as well, and will have implications for charging VAT, as you will no longer be legally treated as if you were a local business.

Is Spain a good country to start a business?

As the second-largest country in Western Europe and an integral member of the European Union, Spain is a highly developed, fast-growing nation. Its Ease of Doing Business score places it as the 3rd most attractive country for setting up a business in Europe.

Can a non UK resident open a UK Limited Company?

Company registration for non-UK residents is the same as for residents living in the UK. There are no restrictions on foreign nationals being a UK company director, shareholder, or a secretary. You even do not have to live in the UK.

Do I pay tax if I work outside the UK?

Working out if you need to pay

If you’re not UK resident, you will not have to pay UK tax on your foreign income. If you’re UK resident, you’ll normally pay tax on your foreign income. But you may not have to if your permanent home (‘domicile’) is abroad.

What happens if you stay in Spain longer than 90 days?

The Schengen law states that you can’t stay in the Area more than 90 days. If you do, you’re subject to a fine and deportation.

Can I go and live in Spain after Brexit?

It is still possible to move to Spain after Brexit, but changes have been made to the process. … Anyone who wishes to stay longer must legally register as a resident, and any non-resident hoping to work in Spain, may need a visa or work permit.

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Will property prices fall in Spain after Brexit?

The bottom line is that Spanish property is still very affordable compared to the UK, so Brexit isn’t likely to slow demand too much. … The spending power of Brits looking to invest in Spain has decreased slightly with the fluctuating value of the pound after Brexit and COVID-19.

What is the best business in Spain?



Can I buy a property in Spain after Brexit?

Whether you are an EU citizen or not, you still have the right to buy property in Spain after Brexit. The costs of buying a property remain the same whatever your nationality and, broadly speaking, include purchase tax, a Notary’s fee, a property registry fee and your lawyer’s fees amongst other miscellaneous expenses.

Is it easy to start a business in Spain?

For anyone with any experience of Spanish life, it will come as no surprise to learn that setting up a business in Spain is anything but straightforward. There are endless bureaucratic hoops to jump through, taxes and charges at every turn, and you’re unlikely to be able to manage it without paying someone to help you.

How much does it cost to set up a company in Spain?

There’s no fixed cost. It would depend on several factors (such as: initial share capital, number of partners, extension of the incorporation deeds, …). The costs for setting-up an ordinary limited company (3,000 euros initial share capital, with 1-4 shareholders usually are: 3,000 € (initial share capital).

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How much does it cost to be Autonomo in Spain?

Autonomo system (approx. 100 Euros and a further approx. 50 Euros per month depending on what your gestor has to do for you) and you´ll have to file tax returns, either monthly, trimestral or annual. You´ll have to register with Hacienda (form 036 or 037) and make IVA declarations.

How long does it take to set up a company in Spain?

Generally, incorporation of a branch takes between 6-8 weeks. Same procedure as for a company. Same procedure as for a company. The branch will also need to appoint an individual or legal entity residing in Spain to represent the parent company in dealings with the Spanish tax authorities regarding its tax obligations.

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