Legal Management

Tax Consultancy Services in Mallorca

Take control of your taxes with Legal Management’s expert tax consultancy services in Palma de Mallorca. Avoid costly mistakes and ensure financial security with our tailored tax solutions.

 

Comprehensive Tax Consulting Services

At Legal Management, we offer professional tax consultancy services in Mallorca, designed to help you maximize efficiency and minimize liabilities. Whether it’s personal tax returns, corporate accounting, or strategic tax planning, our experienced advisors are here to guide you every step of the way.

Our Services Include:

  • Analyzing income, expenses, investments, and deductions.
  • Strategic tax guidance to optimize financial outcomes.
  • Compliance with Spanish tax laws for individuals and businesses.
  • Expert support in navigating complex tax systems.

With a focus on empowering our clients, we provide insights and solutions that ensure your financial well-being today and in the future.

Useful Information Regarding Taxes in Spain

1. Income Tax in Spain

Tax residency determines how individuals are taxed in Spain:

  • Residents
    Residents pay taxes on their worldwide income. Certain exemptions apply, such as income earned abroad and dividends, subject to specific limits.
  • Non-Residents
    Non-residents are taxed only on income and capital gains from Spanish sources under the Impuesto sobre la Renta de No Residentes (IRNR). A standard tax rate of 24% applies, though bilateral tax treaties may affect taxation rates.

Additional exceptions include:

  • Wealth tax.
  • Income tax on rental properties.
  • Speculation tax rates.

Find out more about property taxes here.

Why Choose Legal Management for Tax Consulting?

As a trusted tax consultancy services provider in Palma de Mallorca, we combine local expertise with a personalized approach to deliver results:

  • Tailored strategies for businesses and individuals.
  • Detailed tax planning to reduce liabilities.
  • Guidance on compliance with Spanish and international tax regulations.
  • Assistance with accounting, audits, and regulatory reporting.

Let us handle the complexities of tax laws while you focus on achieving your goals.