Tax and accounting advice
Bookkeeping and taxes up to date, and a lawyer who answers to the Tax Agency
Bookkeeping and taxes are not a separate chore from the life of the company. They determine what can be distributed among the shareholders, what can be shown to a bank or an investor, and what is argued over when a request from the Tax Agency arrives.
That is why we handle them together with the legal advice: the same team that prepares a shareholders’ agreement or a group restructuring works out its tax cost before it is carried out, and the same team that files the return deals with the audit if one comes.
What we review
Bookkeeping and annual accounts
Keeping the accounting books, year-end closing, drawing up of the accounts by the directors, approval at the general meeting and filing with the Commercial Registry.
Periodic taxes
VAT, withholdings and payments on account, instalment payments, information returns and annual summaries, filed on time and reconciled with the accounts.
Corporate income tax and personal income tax
Settlement of the company’s tax and of the income tax of shareholders and self-employed owners, with planning before the year-end rather than after it.
Tax planning for transactions
The tax cost of a sale, a group restructuring, a business succession or a gift of shares, worked out before it is carried out.
Requests, audits and appeals
Replies to requests, verification and inspection procedures, submissions, appeals and economic-administrative claims before the economic-administrative tribunals.
Formal obligations
Electronic certificates, notifications at the electronic office, the company’s tax calendar and the requirements for invoicing software (VERI*FACTU and e-invoicing).
When a consultation is worthwhile
Specific situations in which a short conversation before deciding avoids, in most cases, later proceedings.
- You are not sure that the bookkeeping and taxes are up to date.
- You have received a request or a notice from the Tax Agency.
- You are about to sell, restructure the group or transfer the business and have not worked out its tax cost.
- A bank or an investor asks you for accounts that have been drawn up and filed.
- The accounts for some year have not been approved or filed.
- Whoever keeps the numbers and whoever advises you legally do not talk to each other.
Frequently asked questions
What is the deadline to draw up the annual accounts?+
The directors must draw up the annual accounts, the management report and the proposed allocation of the result within three months of the end of the financial year. If the year coincides with the calendar year, the deadline is 31 March.
When are the accounts approved and filed?+
The ordinary general meeting must be held within the first six months of each financial year to approve the management and the accounts of the previous year and to decide on the allocation of the result. Within the month after approval, the certificate of the meeting’s resolutions, with a copy of the accounts, is filed with the Commercial Registry. The meeting is valid even if it is convened or held late.
When is the Corporate Income Tax return filed?+
Within the 25 calendar days following the six months after the end of the tax period. For a company whose financial year coincides with the calendar year, from 1 to 25 July.
Can the same firm keep the books and defend me before the Tax Agency?+
Yes, and it has a practical advantage: whoever prepared the return knows the documentation behind it and can answer a request from the very first filing, without starting by reconstructing what happened. Defence and bookkeeping are coordinated with the rest of the company’s legal advice.
What should I do if I have received a request from the Tax Agency?+
Check the deadline stated in the notice and take it to a lawyer as soon as possible, with the documents it asks for. The reply is drafted once, and what is provided at that point conditions the rest of the procedure.
Fees and conduct of the matter
Fees are assessed case by case. Before any work begins you receive a written engagement letter setting out its scope and the corresponding fees.
Your matter is handled by the best professional in our team for your case, a lawyer registered with the Valencia Bar Association (ICAV). You deal directly with the lawyer handling the file.
Everything you tell us is covered by the duty of legal professional privilege under article 542.3 of the Spanish Judiciary Act (Ley Orgánica del Poder Judicial), including at the first consultation and even if you do not go on to instruct us.
Let us talk about your specific case
Tell us your situation and we will explain how we would approach it and what documentation is required. We reply within 24 working hours.