Beckham Law Application

It is a special regime that allows people who are considered residents for tax purposes in Spain, to be taxed under the rules of the Non-Resident Income Tax, i.e. to be subject to taxation in Spain only for their income from Spanish sources. 

The main tax benefits of the Beckham Law are:

• Personal income taxation only in relation to income obtained in Spanish territory. 
• Taxation in Wealth Tax only in relation to the net value of the assets and rights located in Spanish territory.
• Taxation in the Tax on Great Fortunes only in relation to the net value of the assets and rights located in Spanish territory, provided that the latter exceeds 3 million.
• Exemption from the obligation to file the informative declaration of assets and rights located abroad (Form 720).
• Possibility of extension of such tax regime to the spouse or economically dependent children of the main applicant. 

• Employees who move to Spanish territory for work purposes by means of a letter of assignment or local contract in Spain. 
• Digital Nomads working as employees for companies located outside of Spanish territory 
• Administrators of companies located in Spanish territory, where the administrator may be the sole shareholder of the company provided that certain requirements are met.
• Professionals who carry out an economic activity qualified as an entrepreneurial activity.
• Highly qualified professionals who provide services to emerging companies or who carry out training, research, development and innovation activities.
• Spouse and economically dependent children of the main applicant of the special regime provided that certain requirements are met. 

It includes everything necessary for the approval of the Special Regime for workers posted to Spanish territory Beckham Law. The payment of the service will be made in a single payment of 550€, VAT not included.

• Not having been a tax resident in Spain in the last 5 fiscal years. 
• Moving to Spanish territory for any of the above mentioned reasons.
• The application for application of the special regime must be made within 6 months from the date of registration with the Spanish Social Security, or from the date of granting of the corresponding certificate of coverage for Social Security purposes.
• Not having a permanent establishment in Spanish territory, except in certain cases expressly provided for by law.

The processing period for the special regime is approximately 10 working days, and the duration of this special tax regime is 6 years from the first fiscal year of taxpayer's tax residence.

You can contact your lawyer whenever you need it by calling +34 602 25 65 33 or sending an email to globalmobility@enley.com.