{"id":9704,"date":"2022-09-09T00:00:00","date_gmt":"2022-09-09T00:00:00","guid":{"rendered":"https:\/\/www.cinc.com\/beckham-law-an-advantageous-tax-regime-for-attracting-talent\/"},"modified":"2022-09-09T00:00:00","modified_gmt":"2022-09-09T00:00:00","slug":"beckham-law-an-advantageous-tax-regime-for-attracting-talent","status":"publish","type":"post","link":"https:\/\/www.cinc.com\/en\/beckham-law-an-advantageous-tax-regime-for-attracting-talent\/","title":{"rendered":"Beckham law: An advantageous tax regime for attracting talent"},"content":{"rendered":"
\n

The Beckham law<\/h2>\n\n<\/div>\n
\n\tIt is a tax regime whose goal is to offer a better taxation for those who relocate their residence to Spain for work motives.<\/div>\n
\n\t <\/div>\n
\n\tThis law allows those who move to tax as non-residents, fact that it’s seen reflected in the decrease of the amounts paid in taxes.<\/div>\n
\n\t <\/div>\n
\n

Which requirements must be fulfilled in order to benefit of the Bekcham law?<\/h2>\n\n<\/div>\n
\n\t <\/div>\n
\n\tTo benefit from the law, you are required to meet a series of requirements:<\/div>\n
    \n
  • \n\t\tTo not have lived in Spain in the last 10 years.<\/li>\n
  • \n\t\tSettle in Spain for work motives, but in one of the following modalities:<\/li>\n<\/ul>\n
      \n
    1. \n\t\tGetting a job prior to entering the country.<\/li>\n
    2. \n\t\tTo be transferred to Spain by a company abroad.<\/li>\n
    3. \n\t\tTo become the manager or administrator of a company of which you don’t have more that a 25% in stock.<\/li>\n<\/ol>\n
        \n
      • \n\t\tYour work responsibilities and tasks must be done in Spain, and in case these are combined with other countries, they must not be more that 15% of the whole.<\/li>\n
      • \n\t\tThe company you work for must be Spanish.<\/li>\n
      • \n\t\tYou apply for this regime as per 6 months maximum from the moment you’ve been relocated.<\/li>\n<\/ul>\n
        \n

        In which situations it is not possible to benefit from this regime?<\/h2>\n\n<\/div>\n
          \n
        • \n\t\tFreelancers.<\/li>\n
        • \n\t\tProfessional athletes.<\/li>\n
        • \n\t\tDirectors of companies located in Spain who have more than the 25% of their capital.<\/li>\n<\/ul>\n
          \n

          Which are the benefits for the Beckham law?<\/h2>\n\n<\/div>\n
          \n\t <\/div>\n
          \n\tIf you meet the requirements previously mention, these are the benefits that the Bekcham law has to offer:<\/div>\n
            \n
          • \n\t\tReduction in the income tax. As you are considered non-resident, there is only a taxe rate of 24% applied on your gains. (Up to 600.000€).<\/li>\n
          • \n\t\tRegional taxes are not applied to you when it comes to assets and incomes that you may have outside of Spain.<\/li>\n
          • \n\t\tYou don’t need to pay for the gains that may be obtained from the selling of assets and dividends. <\/li>\n
          • \n\t\tThe gains obtained from the selling of assets in Spain would only be paid with a fix rate of 19%.<\/li>\n
          • \n\t\tYou will not need to make the model 720, which consists of the declaration of assets outside the spanish terrotory  with a value of more than 50.000€.<\/li>\n
          • \n\t\tApplication only of the wealth tax on properties that are maintained in Spain, with a tax rate between 0.2% and 2.5%.<\/li>\n<\/ul>\n

            \n\tAt CINC we advise and help you with all of your arrangements, if you have any question, do not hesitate to contact us. <\/p>\n

            \n\t <\/p>\n","protected":false},"excerpt":{"rendered":"

            \n\tThe bechkam law; It is a tax regime whose goal is to offer a better taxation for those who relocate their residence to Spain for work motives.<\/p>\n","protected":false},"author":2,"featured_media":9705,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_uag_custom_page_level_css":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32],"tags":[],"class_list":["post-9704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-consultancy"],"acf":[],"jetpack_featured_media_url":"https:\/\/www.cinc.com\/wp-content\/uploads\/2023\/03\/310.jpg","uagb_featured_image_src":{"full":["https:\/\/www.cinc.com\/wp-content\/uploads\/2023\/03\/310.jpg",1113,361,false],"thumbnail":["https:\/\/www.cinc.com\/wp-content\/uploads\/2023\/03\/310.jpg",150,49,false],"medium":["https:\/\/www.cinc.com\/wp-content\/uploads\/2023\/03\/310.jpg",300,97,false],"medium_large":["https:\/\/www.cinc.com\/wp-content\/uploads\/2023\/03\/310.jpg",768,249,false],"large":["https:\/\/www.cinc.com\/wp-content\/uploads\/2023\/03\/310.jpg",960,311,false],"1536x1536":["https:\/\/www.cinc.com\/wp-content\/uploads\/2023\/03\/310.jpg",1113,361,false],"2048x2048":["https:\/\/www.cinc.com\/wp-content\/uploads\/2023\/03\/310.jpg",1113,361,false],"gform-image-choice-sm":["https:\/\/www.cinc.com\/wp-content\/uploads\/2023\/03\/310.jpg",300,97,false],"gform-image-choice-md":["https:\/\/www.cinc.com\/wp-content\/uploads\/2023\/03\/310.jpg",400,130,false],"gform-image-choice-lg":["https:\/\/www.cinc.com\/wp-content\/uploads\/2023\/03\/310.jpg",600,195,false]},"uagb_author_info":{"display_name":"Utrans","author_link":"https:\/\/www.cinc.com\/en\/author\/utrans\/"},"uagb_comment_info":0,"uagb_excerpt":"The bechkam law; It is a tax regime whose goal is to offer a better taxation for those who relocate their residence to Spain for work motives.","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.cinc.com\/en\/wp-json\/wp\/v2\/posts\/9704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cinc.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cinc.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cinc.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cinc.com\/en\/wp-json\/wp\/v2\/comments?post=9704"}],"version-history":[{"count":0,"href":"https:\/\/www.cinc.com\/en\/wp-json\/wp\/v2\/posts\/9704\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cinc.com\/en\/wp-json\/wp\/v2\/media\/9705"}],"wp:attachment":[{"href":"https:\/\/www.cinc.com\/en\/wp-json\/wp\/v2\/media?parent=9704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cinc.com\/en\/wp-json\/wp\/v2\/categories?post=9704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cinc.com\/en\/wp-json\/wp\/v2\/tags?post=9704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}