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The main tax law obligation of a company is to present the company tax at the end of each economic year.  This tax must be paid before the last day of July.  Hence if the economic year finished on 31-12-2008, the company tax will have to be submitted between the lst July 2009 and 30th July 2009.

This is submitted using model 200, which is the standard way of presenting this type of declaration.  Mr. Ruiz Castillo will present this document using the telematic method as established by Spanish Tax Law Legislation.

In order to be able to present the company tax we use the profit and loss figures obtained from the company accounts.

If the accounts show a loss for the company they will not need to pay tax for that year but must still present the document.  By doing this this they will not have any further tax law obligations during that economic year.

If the company accounts show a profit during the economic year, they will have to pay tax using model 200.

Mr. Ruiz Castillo will, on behalf of the company, obtain the N.R.C.code from the company bank account.  This is the economic method requested by Spanish Company Tax Law in order to present the payment of tax using the telematic system.

Because company tax is paid in one financial year the company is then obliged to make a partial payment of their tax using model 202 of "PAGOS A CUENTA DEL IMPUESTO DE SOCIEDADES".  This payment will be offset against the tax payable during the following financial year.

The elaboration and presentation of these accounts will be done by Mr.Ruiz Castillo with global economic and legal representation and administration of the company.  He will elaborate the accounts on an economic level and present the tax on a legal level.
Company tax
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‘I have known Jose for over 2 years in which time he has acted for me on my purchase of property in Granada and also manages my tax affairs in Spain. He is extremely thorough and professional, both he and his family are well respected in legal circles and the business community, he has my complete trust and I have no hesitation in recommending him. He is also very warm and friendly, our business meetings are more like talking to a trusted friend.’
David Gauld - Acequias (Granada)