THE OWNERSHIP OF A SPANISH PROPERTY BY A LIMITED COMPANY

Filed under : Conveyancing & Property Law, Mijas Office

There can be advantages in purchasing or
transferring Spanish property into the name of a UK limited company. There can
be a significant saving on inheritance tax in Spain where there is no spouse
exemption for non residents. Some companies are offering to set up standard
structures but where the current tax value of the property is not very high
this can be expensive if your particular circumstances are not taken into
account.

Everybody has different considerations both for
their Spanish property and their UK assets and a consultation is advisable
using the current tax levels so that you can decide if this structure suits
you. It is very important to take tax advice in both countries as you must
comply with all of the obligations on fiscal transparency and each individual
client has unique circumstances.

To find out more, read De Cotta Law's report – simply 
Download DeCotta_Law- Repor_Company Property Ownership

Head Office:
Sandra Wrightson
De Cotta Law
Centro Commercial Valdepinos 1 y 3A
Urb. Calypso,
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Fax: +34 952 933 547
Email: sandrawrightson@decottalaw.net
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Jon Sutton
De Cotta Law
Local 6, Sierra Chica
29100 Coín
Málaga
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Apartado 178
29100 Coín
Málaga
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Fax: +34 951 315 162
Email: jonsutton@decottalaw.net
www.decottalaw.net

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