I am self employed paying monthly contributions to the Social Security in Spain, should I be paying another contribution to the Social Security if I want to establish another business similar to existing one?

No. The quota contribution is the same to one or several similar activities. The only thing that could be affected is the taxes to be declared at the Spanish Tax Office (Hacienda). There is a need to declare all the income from all of the businesses.

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I want to establish a company in Spain, should I form a Limited Company?

Not necessarily. There are other forms of companies that could be established however this would depend on the volume of the bills that are expected to be obtained and the amount of money that you would want to invest.

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I want to suspend my status of being self-employed, should I present any paper or document to the Social Security or could I just simply cancel my payments to the Social Security in the bank?

To cancel the status of being self employed, you would need to notify in writing the Tax Office and the Social Security using official and specific forms.

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I am leasing a unit or space to carry out my business, should I be paying any tax for the rent or lease?

The tax for the rent or lease is the liability of the owner of the unit or space; however, this is done by the lessee deducting the tax from his rent. The corresponding tax would be the agreed rent plus VAT minus a percentage that must be paid every three months to the Spanish tax office under the owner’s name.

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I am a British citizen and I have a Spanish residency card, does this convert my residency status in Spain in all aspects?

NO. The residency card is only an identification card and would only serve as such. There is a difference with a fiscal resident and a non-fiscal resident for tax purposes.

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