Dutch resident, moving to Spain with Dutch companies

[PinkPanther]

Hi all,

A couple of years ago I bought a house in Spain. Right now I an thinking of moving there permanently.
Yes I am aware that Spain is not a tax-friendly country, but still looking into exploring the options. I don't mind paying taxes and not earning high figure salary, but looking into the options on keeping my salary low and distributing the profits.
I have several operating companies (BV) in the Netherlands, and need to keep those. I also have a self employment company (eenmanszaak) which I sometimes use for freelance jobs.

So far I have been looking into these options:
- Put myself on payroll on one of the dutch companies, pay salary in NL, keep health insurance in NL (as it is required) and pay taxes in NL due to DTT
- Register myself as autonomo, send invoices to the dutch company for whatever and keep profits in the dutch company
- Opening an entity somewhere else (not transparant like US LLC, e-residence or something since it would also count as autonomo)
- Opening NL foundation, put money in there as gift or something and lower the profits

Are there any other options, besides moving ofc.?

Thanks!

 

[jeffbean]

It's common for expats, digital nomads, and non-Spanish citizens to receive a salary from a foreign company while registering as autónomo in Spain. This is completely legal, and I know dozens of people doing it.

Things become more complicated if you're a Spanish citizen and set up a U.S. LLC to run, for example, a coffee shop in Madrid, or if your clients are exclusively based in Spain.

In such cases, you’ll be required to pay Spanish social security contributions, which can be quite high. However, keeping your salary low and drawing income through dividends can help reduce the burden.

Honestly I wouldn’t move there officially I’d legally live there under the time period and continue to live in the NL.

You are potentially opening yourself up to big problems so be aware.

 

[Protect Your Wealth]

There are cases where the Beckam law could help you pay 0% taxes on your foreign income for 7 years, but the setup can be expensive because you would also need a Spanish company to hire yourself before requesting the Beckham law.

Also through a Soparfi in Luxembourg, you can take out dividens almost tax-free from your Dutch companies.

 

[Koedam]

Hi all,

A couple of years ago I bought a house in Spain. Right now I an thinking of moving there permanently.
Yes I am aware that Spain is not a tax-friendly country, but still looking into exploring the options. I don't mind paying taxes and not earning high figure salary, but looking into the options on keeping my salary low and distributing the profits.
I have several operating companies (BV) in the Netherlands, and need to keep those. I also have a self employment company (eenmanszaak) which I sometimes use for freelance jobs.

So far I have been looking into these options:
- Put myself on payroll on one of the dutch companies, pay salary in NL, keep health insurance in NL (as it is required) and pay taxes in NL due to DTT
- Register myself as autonomo, send invoices to the dutch company for whatever and keep profits in the dutch company
- Opening an entity somewhere else (not transparant like US LLC, e-residence or something since it would also count as autonomo)
- Opening NL foundation, put money in there as gift or something and lower the profits

Are there any other options, besides moving ofc.?

Thanks!

Option 1: don't understand. If you get paid from Dutch company, residing in Spain, according treaty, Spain will tax you personally based on treaty (tiebreaker), isn't?

If you emigrate to Spain, there will be an exit-tax on your undistributed profits as if you sold your shares (I think you own more then 5%).

If you are doing the management of the BV's in Spain, Spain will tax your BV's.

If you open an entity somewhere else, Spain will tax it, because you are managing from Spain.

Don't see how a foundation will lower your taxes on your business activities in The Netherlands or Spain. How do you see it working?

 

[jeffbean]

Spain doesn't recognises foundations and trusts as far as im aware

 

[CEOz]

Think twice before moving to Spain.

 

[ilke]

Think twice before moving to Spain.

I suggest thinking thrice. Or quadrice (although this is generally an obsolete word). Just think as many times as it takes to decide against moving your tax residency to Spain.

 

[CEOz]

I suggest thinking thrice. Or quadrice (although this is generally an obsolete word). Just think as many times as it takes to decide against moving your tax residency to Spain.

I am entrepreneur and moved to Spain 10 years ago, I never advice moving to Spain especially right now with the bad fiscal new law.
People decide based on emotions and good weather, night clubs, cheap food and this is so terrible and can't understand it.

 

[PinkPanther]

So it's either:
- Sticking to keep tax residency in NL
- Or find a different country for tax residency

 

[Koedam]

Yes. Cyprus is better. With non-dom you don't need to be there for more then 60 days (if you fullfill the conditions and be very careful with your visits to Holland or stay >183 days and you get better treaty protection) Listen from 1:45:00