My Lawyer in Spain talk to Miriem Diouri Garcia of MDG Advisors about the differences in owning a Spanish Property though a Spanish Company or through an English company.

The simple answer to this question is "yes, an English company can buy a Spanish property".

The more complicated question which we will consider is whether

1) you should buy the Spanish property in the name of the English company or

2) incorporate a Spanish limited company and the English limited company becomes a shareholder in the local Spanish company or

3) incorporate a Spanish company and the English company loans monies to the Spanish company to buy a property.

Here to help us with this analysis is Miriem Diouri Garcia a Spanish accountant and owner of MDG Advisers which is a Business to Business firm of accountants.

We look at:

Can the English company buy a Spanish property?
What are the advantages and disadvantages?
What is the most tax efficient structure?
How would a loan agreement work between the parties.
What company taxes would to be paid annually on the rental income?
What costs would I pay to an accountant in Spain to look after my company?
If I rent the property, what taxes do I pay?
What costs are deductible?
What happens to refurbishment costs and what can be deducted?
Can I use the property myself?
Can I claim for my management time?
What tax do I pay on dividends to me or to the English company?
What tax do I pay if I wish to reinvest the euro rental income generated by the company?
Can I pay myself a salary?
When selling the property what happens with the gain I make and what tax is payable?

Contact the team at My Lawyer in Spain to help with buying a property in Spain. Contact us at https://mylawyerinspain.com We are here to help.

Contact Miriem Diouri Garcia of MDG Advisors through her website https://mdgadvisors.es/