The “Beckham Law” or Special Expats’ Tax Regime (“SETR”), from Spanish Régimen Especial para Trabajadores Desplazados, provided for in Article 93 of Act 35/2006, of November 28, on Spanish Personal Income Tax, is intended for individuals who move to Spain to work and acquire the status of tax residents in Spain.
Those taxpayers who apply the Beckham Law must file their income tax return in Spain as of the first year in which they become tax residents in Spain. It is not the normal income tax return, but a special one only applicable to those taxpayers under the Beckham Law. The tax return must be filed every year between April and June (both included) following the year which is being declared. For example, the income tax return for calendar year 2021 must be filed between April and June of 2022.
This service includes the assistance necessary to prepare and file the income tax return in accordance with the Beckham Law regulations. The price is per person and per year.
There are three modalities of this service, each of them applicable depending on the taxpayer’s circumstances:
- L-Case or Large case
Applicable to those cases where the taxpayer meets at least one of the following requirements:
- If the taxpayer receives employment income that includes stock options or similar (RSU’s, etc.);
- If the taxpayer has sold a real estate property located in Spain;
- If the taxpayer carries out trading activities with securities located in Spain; or
- If the taxpayer has sold shares of a company located in Spain where the ownership was >5%;
- M-Case or Medium case
Applicable to those cases where the taxpayer does not meet any of the requirements provided for the L-Case and meets at least one of the following requirements:
- If the taxpayer receives more than one employment income (from different companies);
- If the taxpayer owns one or more real estate properties in Spain (including the main residence); or
- If the taxpayer has to declare any capital gains or dividends derived from entities located in Spain.
- S-Case or Small case
Applicable to those cases where the taxpayer does not meet any of the requirements provided for the L-Case and the M-Case mentioned above.