Tag: Spain
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Country-by-Country Report in Spain
The country-by-country (CbC) report is a tax report that multinational companies must submit in Spain in compliance with the rules established by the Organisation for Economic Co-operation and Development (OECD) under Action 13 of the BEPS Plan (Base Erosion and Profit Shifting). In Spain, the obligation to submit a CbC report was established through Law…
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Model 231: Everything You Need to Know
Starting from the tax period beginning January 1, 2016, companies in Bizkaia must submit Model 231, which reports country-by-country related-party transactions. The obligation does not affect a large number of companies, but it represents an important procedure for those required to file the Country-by-Country (CBC) report. What is Model 231? It is a regulation for…
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Verifactu: Ensuring Spanish Fiscal Transparency for International Companies
If you’re part of a major global group, with a small branch in Spain, despite your size, Spanish tax law demands that even a modest local office complies with national invoicing rigour. That’s where Verifactu comes in: Spain’s legal framework for secure, traceable electronic invoicing. What is Verifactu and why does it matter? Who must…
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Workplace Harassment Protocol in Spain
For companies operating in Spain, implementing a Workplace Harassment Protocol (Protocolo de Acoso) is a key requirement under Spanish labour legislation. This set of internal measures and procedures is designed to prevent, detect, and respond to incidents of workplace harassment, including sexual harassment, gender-based harassment, and moral harassment (mobbing). Its primary goal is to safeguard…
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Pay Register in Spain
In Spain, all companies—regardless of their size—are legally required to maintain a pay register (known locally as a registro retributivo). This document details employee remuneration, broken down by gender and other relevant factors such as job category, professional group, or position. The main objective is to ensure transparency and to promote gender pay equality in…
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Is Your Business Ready for TicketBAI in the Basque Country?
The TicketBAI system is a mandatory fiscal‑control mechanism in the three provinces of the Basque Country (Álava, Gipuzkoa and Bizkaia). It requires all businesses and self‑employed professionals with fiscal residency in these regions to issue invoices through certified software that reports sales operations digitally and in real time. What Is TicketBAI and Why Is It…
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Is Your Business Compliant with the GDPR in Spain?
The General Data Protection Regulation (GDPR) and Spain’s Organic Law 3/2018 (LOPDGDD) impose strict legal requirements on any organisation that processes personal data. The Spanish Data Protection Agency (AEPD) enforces these laws and can issue fines of up to €20 million or 4% of annual global turnover, whichever is higher. Despite this, many SMEs, freelancers,…
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Is Your Business Compliant with Mandatory Working Time Records in Spain?
Since 2019, it has been mandatory in Spain for all businesses to keep a daily record of their employees’ working hours. This requirement, introduced by Royal Decree-Law 8/2019, applies to all companies regardless of size or sector. Yet many SMEs, freelancers and professional firms still don’t have a reliable system in place, leaving them exposed…
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Order HFP/1978/2016 (Spain)
The Order HFP/1978/2016, dated December 28, establishes Form 231 for the Country-by-Country Reporting (CbCR) in compliance with the recommendations of the OECD’s Base Erosion and Profit Shifting (BEPS) Action Plan. This form is designed to assess risks related to transfer pricing policies within multinational groups, but it does not allow direct adjustments by the tax authorities. Key Points:…
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Article 13.1 of the Corporate Income Tax Regulations (Spain)
Article 13.1 of the Corporate Income Tax Regulations (Reglamento del Impuesto sobre Sociedades, RIS), approved by Royal Decree 634/2015, regulates information and documentation on related entities and transactions. This article establishes that entities resident in Spain that qualify as the parent of a group, as defined in Article 18.2 of the Corporate Income Tax Law (LIS),…
CbC Reporting 