When selling the shares of a Spanish company one should closely examine the fiscal implications of the operation. The situation can be quite complicated when a Luxemburg Holding corporation, for example, sells its´ shares in a Spanish company to a French buyer:
- What taxes should one pay, who pays those taxes and in which country or location?
- Are there any formalities to accomplish in Spain, even when taxes are due in another country?
- What happens if there are properties on the balance sheet of the Spanish company?
Whether you are a private individual or a holding company, it is crucial to examine the fiscal implications beforehand. The costs in relation to the share transfer can vary significantly according to the planning and enrolment of the operation, affecting the economic viability of the share deal for each of the parties.
We are there to advise you in the accomplishment of these operations in full compliance with the legislation at hand and seeking fiscal optimization at the same time. We will help you:
- Identify and adapt the operation to the various applicable legal tax systems;
- Define and when necessary simplify or implement the international investment structure;
- Formalize and organize the sales operation in all its’ legal and tax aspects, as well as accomplish the tax formalities with Spanish authorities;
We will assist you wherever we can along these operations in order for you to sell the shares of your Spanish company in all tranquility and whenever possible optimizing the sales price. Do not hesitate to call us for any question in relation to the transfer of shares or restructuring of your Spanish Company:
Telephone: +34 93 363 40 00 (Barcelona office) / +34 91 700 21 00 (Madrid office)
E-mail: comunicacion@todanelo.com