Go Back  British Expats > Living & Moving Abroad > Europe > Spain
Reload this Page >

Living in Spain with UK Company

Living in Spain with UK Company

Thread Tools
 
Old May 15th 2007, 5:10 am
  #1  
Just Joined
Thread Starter
 
Joined: May 2007
Posts: 1
laurayadam is an unknown quantity at this point
Default Living in Spain with UK Company

I have a small internet based UK registered Ltd company that I can run entirely through the internet and I am considering moving to Spain to live there in order to benefit from the lower living costs.
I would like to know if I can live and work in Spain for less than 5.5 months of the year (so qualifying for non resident status) and retain my UK registered company that I would continue to work via the internet part time. I would not draw a salary or dividends from the UK company - I would just keep all the money created by my UK company in my UK business bank account and live off my earnings from my Spanish job. For the majority of the year (the other 6.5 months) I would live in the UK and be classed as resident there.
I am not trying to dodge paying taxes, but I do not want to set up a Spanish version of my company because I have heard it is a much more costly and complicated venture than setting up a UK company? And I do not want to have to pay for a Spanish accountant and go through all the complicated paperwork in the UK and Spain.
Any advice would be greatly appreciated.
laurayadam is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.