Navigating the tax system in Spain can be a challenge, especially for foreign entrepreneurs and business owners. To help you stay organized and compliant, we have compiled a list of the most important tax filing deadlines for autónomos (self-employed individuals) and Sociedades Limitadas (SLs or Limited Liability Companies) in Spain. Mark these dates in your calendar to ensure you never miss a deadline and avoid penalties. Furthermore, Exactly Accountancy is here to support you in managing your tax filings and ensuring your business thrives.
1. Personal Income Tax (IRPF) for Autónomos:
• Quarterly payments (Form 130 or Form 131): Autónomos are required to make advance payments on their personal income tax on a quarterly basis. The deadlines for these payments are April 20th, July 20th, October 20th, and January 30th of the following year. With Exactly’s personalized services, we will keep track of these deadlines for you and ensure timely filing and payment.
• Annual filing (Form 100): The deadline for submitting your annual personal income tax return is from April 1st to June 30th of the following year. Our expert team will help you prepare your return and maximize your deductions, saving you time and money.
2. Value Added Tax (VAT or IVA) for Autónomos and SLs:
• Quarterly filings (Form 303): VAT returns must be submitted on a quarterly basis. The deadlines for these filings are April 20th, July 20th, October 20th, and January 30th of the following year. Our experienced accountants will handle your VAT filings and ensure compliance with Spanish tax regulations.
• Annual summary (Form 390): The deadline for submitting the annual VAT summary is January 30th of the following year. Trust Exactly to take care of this essential summary and maintain your business’s financial health.
3. Corporate Income Tax (IS) for SLs:
• Annual filing (Form 200): The deadline for filing corporate income tax returns for SLs is within 25 days following six months after the end of the company’s fiscal year. For companies with a fiscal year ending on December 31st, the deadline is July 25th of the following year. With our expertise in corporate tax, Exactly will ensure accurate and timely filing, keeping your business in good standing with tax authorities.
4. Annual Accounts for SLs:
• Filing with the Mercantile Register: SLs must file their annual accounts, including the balance sheet, profit and loss statement, and notes, with the Mercantile Register within one month of their approval by the shareholders. The deadline for approval is within six months after the end of the fiscal year. Allow Exactly to manage the preparation and filing of your annual accounts, giving you peace of mind and more time to focus on growing your business.
5. Social Security Contributions for Autónomos and SLs:
• Monthly payments: Both autónomos and SLs must make monthly social security contributions for themselves and their employees. The deadline for these payments is the last day of each month. With Exactly’s support, you can stay on top of your social security obligations and ensure your business remains compliant.
Conclusion:
Staying on top of tax filing deadlines is crucial for autónomos and SLs operating in Spain. By understanding and adhering to these deadlines, you can ensure your business remains compliant and avoid any costly penalties. If you need assistance with your tax filings or have any questions about the Spanish tax system, consider partnering with Exactly Accountancy. Our experienced team of professionals is dedicated to providing exceptional accounting services tailored to your unique needs, allowing you to focus on growing your business. Reach out to us today to learn more about how we can help you stay on top of your tax obligations and ensure your business thrives in the Spanish market.
