FAQs

You have a non-extendable period of 6 months from the start date of your activity as recorded in your Spanish Social Security registration (or from the notification of continued coverage under your home country’s Social Security system). If this deadline is missed, you lose the right to opt for this special scheme.

The first year of tax residence and the following 5 years, provided that the requirements to maintain this special regime are met in each financial year.

Yes, current legislation allows the benefit to be extended to your spouse and children under the age of 25 under certain conditions.

Under this regime, you are not required to declare assets held abroad (Form 720).

The fixed rate of 24% applies to the first €600,000 of employment income. If you exceed that figure, the excess is taxed at 47%. Even so, the savings compared to the standard regime remain significant for high earners.

It is possible to retain the benefit provided the new contract also meets the legal requirements. We will advise you on the transition to ensure you do not lose your tax status.

Under this special scheme, you are only liable for Wealth Tax on assets located within Spain. Your assets, bank accounts or property abroad are not subject to this tax.

Generally speaking, the special regime does not apply to ordinary self-employed workers. However, the new Startups Act has opened the door to highly qualified professionals providing services to startups, entrepreneurs and digital nomads with a specific visa. We will analyse your case to see if you fall into these new categories.

Unlike other residents who submit Form 100, you must submit Form 151. It is a simplified tax return for the special regime. Our service includes planning to ensure this submission is flawless.

Yes, provided you have not been a tax resident in Spain during the 5 years prior to your return.