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Recent content by Jlmmmv

  1. J

    An offshore company with multiple directors

    Thanks will do, the info here has helped a lot
  2. J

    An offshore company with multiple directors

    My understanding is that exit tax only applies if I have been tax resident for more than 10 years in Spain correct? I have been here less than 5. Also if it did apply, Andorra is an EU state meaning I could apply for an extention of up to 5 years? You mentioned about selling shares to the...
  3. J

    An offshore company with multiple directors

    How do you mean found responsible or liable? Let's say for example that our employees don't want to move and we maintain the company in Spain and I keep 50% shareholder and move to Andorra myself. What would happen in the following example: Company maintains 50% of the profits and pays 25%...
  4. J

    An offshore company with multiple directors

    Thanks for the response. The 3 staff are administrators and we also have an administrator in the UK and recently hired another as a virtual assistant in India. If we kept hiring our future administrators outside of Spain, is that enough to not create PE in Spain? Let's say it's not, but we...
  5. J

    An offshore company with multiple directors

    We don't need an office in Spain no. Basically we have an SL in Spain which acts as an administration company to pay people. We are an appointed representative of a financial advisory firm who pays us from cyprus and Gibraltar and we could effectively pay our self employed staff from that...
  6. J

    An offshore company with multiple directors

    I currently own an SL company in Spain 50/50 (with my brother) and wanted to know the answers on the following questions. If I move to Andorra, setup a company 50/50 there and we close down the spanish sl and the other owner stays in Spain, would Spain still come after us for taxes on the...