For a permanent establishment to exist, it is not sufficient to have goods stored in Spain; the company must have an adequate structure of human and technical resources enabling it to carry out its activity independently.
Establishing a foreign company in Spain requires careful prior planning, particularly regarding the operating structure and compliance with tax, employment and corporate obligations from the outset.
This tax ensures a minimum effective tax rate of 15% for multinational groups, regardless of where they operate, and combats aggressive tax planning to achieve a fairer international tax system.
While SII focuses on the near real-time reporting of VAT records to the Spanish Tax Agency, VeriFactu acts on invoicing software to ensure the integrity and accuracy of the data.
This measure provides businesses and self-employed professionals with greater control and efficiency in managing their collections, enhancing transparency and security in commercial relationships.
The aim of this reform is to strengthen business competitiveness and position Spain as an attractive destination for foreign investment, while also enabling more effective medium term tax planning.