What structure should an international entrepreneurship consultancy have? How should it work? Well, in the end, a team of tax advisors specialising in foreign taxation, well led by experienced management, should be no different in its direction, organisation and execution to how any other consultancy/advisory firm operates.
Neither in terms of updating, knowledge (continuous learning) and specialisation, but in this respect, this is not always the case, so users must be sure before they place themselves in the hands of an international consultancy.
When a foreign worker moves to Spain with the intention (or not) of becoming a resident in our country, it is important to be cautious and inform yourself beforehand about the tax and fiscal system that we have, what will affect you, and then, let yourself be advised by a team of professionals in the field who, in addition, speak your language.
At JDV Asesores for Expats and Self-employed, we speak English, French, Italian, German, Polish and Mandarin, being a reference in tax and fiscal matters in Barcelona among the foreign community.
Expertise and know-how as a consultancy for foreign entrepreneurs
The experience of an international consultancy says a lot about it. Years of experience are not usually deceiving, although logically it is not the only value to be taken into account when deciding whether to hire a consultancy for foreign entrepreneurs in Barcelona or another. Specialisation and rigorous knowledge and updating in regulatory matters is a main value to be demanded.
In this respect, we at JDV are social partners of the tax office. That is to say, we receive updated communications and the corresponding tax documents in order to be up to date with the required tax obligations related to VAT and income tax. In this sense, we meet all the needs that a resident or non-resident foreign worker will require.
Expertise and up-to-date knowledge
Any consultancy for foreign entrepreneurs must have a perfect command of accounting, tax, legal and labour management related to foreign residents, non-residents and self-employed in Spain. Providing a comprehensive service with special emphasis on tax declarations, income declarations, registration procedures with the Tax Agency and Social Security, processing of certificates and registration with the ROI and intra-community VAT management.
JDV Asesores for Expats and Self-Employed has been carrying out these tasks for more than 15 years.
For example, we are a reference in the Beckham Law, or in other words, the special tax regime applicable to workers, professionals, entrepreneurs and investors moving to Spanish territory.
International regulations
In addition to the obvious mastery of national regulations, the diverse origin of the clients that a consultancy for foreign entrepreneurs in Barcelona may have requires that its professionals also handle the international taxation of the main places of origin of the clients.
To know the possible double taxation agreements that exist between Spain and other countries (international treaties between two or more countries with the aim of defining to whom the tax corresponds when several countries have the right to levy it), and the specific regulations of each country.
They must also be specialised in the commercial and labour laws of the entrepreneur’s countries of origin and destination.
Adaptation to the local environment
A tax, accounting, legal and labour consultancy firm that works with and masters the requirements for foreign residents and non-residents must first of all be an expert in the national system itself. They must have a deep understanding of the Spanish market, its particularities and opportunities.
And of course, to know, understand and know how to execute any related administrative and bureaucratic procedures (which requires constant updating of regulations and knowledge).
Comprehensive and personalised services
As we have said, a consultancy for foreign entrepreneurs must provide specialised coverage in tax, legal, labour and financial matters. Mastering actions such as, for example:
In tax matters:
- Efficient tax planning to minimise the tax burden.
- Compliance with tax obligations and filing of tax returns.
- Advice on Beckham Law and other special regimes.
In legal matters:
- Incorporation of companies and legal procedures.
- Commercial and labour contracts.
- Intellectual property protection.
In labour matters:
- Recruitment of personnel and payroll management.
- Social security and occupational risk prevention.
In financial matters:
- Preparation of business plans and search for financing.
- Cash management and cost control.
Management of formalities:
- Obtaining visas and residence permits.
- Procedures with the Public Administration.
- Immigration formalities.
Clear and effective communication
We are multilingual at JDV, as you would expect from a consultancy for foreign entrepreneurs in Barcelona. We have clients from all over Europe such as the UK, Italy, France, Germany and Poland, as well as from outside the EU such as China and Thailand. We have specialised advisors for each of their languages.
Comprehensive coverage in the explanation of any complex concept in a clear and understandable way for our clients. No doubt remains unresolved through the usual channels of communication between consultancy and client.
As we are well aware of the difficulties and challenges faced by a foreign entrepreneur, we at JDV are able to accompany you from start to finish in your relationship with the legal, juridical, administrative and fiscal environment in Spain.
Networking and resources
Finally, we would like to emphasise that an international consultancy like ours must always be part of a much wider network of collaboration with other professionals in the sector. It is quite possible that, in certain circumstances, we will have to work side by side with lawyers, notaries or even financial advisors in order to provide the best service to our clients.
Never lose this approach, which can lead us to contact investors, accelerators or other relevant actors.
Conclusions
Good advice for foreign entrepreneurs should be a comprehensive, personalised and high quality service, allowing clients to focus on developing their business while feeling safe and supported in an unfamiliar environment.
Updating the team in terms of procedures, national and international regulations, bureaucratic/administrative agility and expansion of collaborators and direct professionals is simply essential in the consolidation of a good consultancy for foreign entrepreneurs in Barcelona.
We are at your disposal at JDV Asesores for Expats and Self-Employed for any queries related to the regularisation of residents and non-residents in Spain.
📞 93 215 98 23
