Lanzarote Tax Advisor and Tax Consultant

At Prolanz Asesores, our expert tax advisors and accountants in Lanzarote will help you meet your tax obligations with the Spanish tax administration. Based in Arrecife, we provide tax advice and support to all residents of Lanzarote.

Tax Advice and Income Tax Returns for Individuals, Businesses, Self-employed and Entrepreneurs

Prolanz Asesores is your one-stop shop for all your tax needs in Lanzarote. Our team of experienced and multilingual tax advisors and accountants provides personalized guidance to ensure you comply with Spanish tax regulations and maximize your savings. Whether you're a resident, expat, business owner, or self-employed entrepreneur, we're here to help.

Tax Advisor for Residents and Expatriates

Located in the capital of Lanzarote, Arrecife, our main objective is to offer top-quality tax advice. Our services exceed customer expectations, offering personalized planning tailored to individual needs. We handle the necessary preparation of accounts for businesses and help individuals account for income and deductible expenses in their tax returns.

Simplifying Spanish Tax Filing

Before offering precise tax consultancy, we determine your tax residency status. If you reside in Spain for more than six months a year, you are considered a tax resident and must fulfill your tax obligations in Spain. One of our English-speaking tax advisors will guide you throughout this process.

Maximizing Tax Savings

Our tax consultant seeks the greatest tax savings for you. We advise on decisions such as pension plans, property ownership, and property transfer tax. Whether for private or business taxes, we guide you on the best way to file your return according to the latest regulations.

Supporting the Self-Employed

For self-employed individuals, entrepreneurs, or professionals, Prolanz Asesores provides tailored help and advice. We aim to simplify Spanish taxes by liaising with tax authorities and ensuring your satisfaction.

Save Money Thanks to Our Tax Advisors

Our tax advisors will seek the greatest tax savings for you and advise you on the possible decisions you can make to achieve these savings. Do you pay into a pension plan? Do you own property in Spain or abroad? We can assist with the property transfer tax. Once we know your circumstances, either for private taxes or a business, we can guide you on the best way to file your return for the latest regulations.

Our tax accountants and advisors offer help where it's needed.

Our advice is aimed at making your life simple when it comes to Spanish taxes. We have many years of experience helping people like you. Whether it's tax advice services, small business tax advice, or personal tax accounting, whether you are a resident, a Spanish national, or an expatriate, we can help.

What is the Beckham Law? How Can Expatriates Benefit from It?

Beckham Law, officially known as the Special Expatriate Tax Regime, is a Spanish tax regulation designed to attract foreign talent to Spain. Named after footballer David Beckham, who benefited from it when he joined Real Madrid, this law allows qualifying individuals to pay tax only on their Spanish income, at a flat rate of 24%, rather than on their worldwide income.

Benefits of Beckham Law

1. Reduced Tax Liability: The flat rate of 24% can be significantly lower than the standard progressive tax rates, which can go up to 45%.
2. Exemption on Foreign Income: Only your Spanish income is taxed, allowing you to keep more foreign income untaxed.
3. Attractive for High Earners: It is particularly beneficial for high-income earners moving to Spain, as it caps the tax paid on Spanish income.

Eligibility Criteria

To benefit from Beckham Law, you must:

• Be a foreign national moving to Spain for employment.
• Not have been a Spanish tax resident in the past ten years.
• Apply within six months of starting your employment in Spain.

How does the Spanish tax year work? When does it start, and when does it end?

In Spain, the tax year aligns with the calendar year. It starts on January 1st and ends on December 31st.

• Personal Income Tax (IRPF) Return: The filing period for personal income tax returns generally begins in April and ends on June 30th of the following year.
• Corporate Tax: The fiscal year for companies also follows the calendar year, with corporate tax returns usually due six months and 25 days after the end of the fiscal year, typically by July 25th.
• Quarterly Tax Payments: Self-employed individuals and businesses must make quarterly tax payments throughout the year, with deadlines usually in April, July, October, and January.

Specialized Tax Advisory Services for Expatriates

Among the multiple services offered by our tax accountants and tax advisors in Arrecife, Lanzarote, we highlight mainly:

• The registration and cancellation of economic activities in the Spanish tax agency (Ministry of the Treasury) and Social Security Agencies.
• The choice of the legal form to be adopted by the company (Public limited company, Limited company, etc.)
• Advice to entrepreneurs and the study of new businesses.
• Assessment of the financial status of companies and issues related to the administration and management of the company.
• Business Restructuring Advice
• Help with salaries and salaries
• Accounting, billing, and preparation of reports and balance sheets.
• Asset, wealth, and property management
• Residency and tax status: property taxation. We can also advise on the special tax regime.
• Specialised services for expatriates.
• Non-Residents Property Tax: Wealth Tax.
• And many more services of a fiscal nature.

Contact Our Expert Tax Advisor in Accerife Lanzarote

At Prolanz Asesores, we understand the needs of companies, individuals, self-employed, and entrepreneurs. Our experienced professionals offer valuable, personalized services to improve tax planning and financial management.

Contact us to learn more about your tax situation, whether you're a national, expatriate, resident, or non-resident. One of our tax advisors will guide you thoroughly and help you with proper tax filing and income tax returns in Lanzarote.

Additional Information

• Your tax residency status is based on whether you spend more than 183 days in Spain during the calendar year.
• Spanish tax residents are taxed on their worldwide income, while non-residents are taxed only on their Spanish-sourced income.
• Ensure you meet all filing deadlines to avoid penalties.