
Spain: Strategic Base for Family and Business
The global business landscape is transforming. Recent research from the Financial Times reveals that nearly 6,000 owners of high-growth businesses have relocated from the UK over the past two years,
Our mergers and acquisitions lawyers and tax specialists advise on complex and transformational M&A transactions for corporate clients, investors and private individuals. Our mergers and acquisitions teams are highly experienced in advising on corporate transactions from start to finish, having worked on mergers, acquisitions, sales and divestments throughout the world
Del Canto Chambers provides dual-qualified, multi-lingual tax lawyers, who have worked on over 500 cases throughout Europe, the Middle East, Latin America and Asia, making us the counsel of choice for London-based and international clients, corporations, solicitors and tax advisers.
If M&A is part of your strategic plan, mergers and acquisitions lawyers and tax specialists will help you through all aspects of planning, negotiating and completing the transaction. Whether targeting businesses in the UK or globally we can:
There are many reasons why a company might wish to merge or acquire another company, encompassing numerous types of company restructuring approaches, although there always has to be strategic reasoning behind the transaction to ensure its success.
Our M&A team are highly experienced in conducting strategic transactions, have deep understanding of the business dynamics in key industries and can support management during this period of commercial scrutiny and change. Our team are experts in conducting due diligence and know the right questions to ask to ensure a corporate transaction is in the best interest of our client.
Mergers and acquisitions create value for the companies in different ways, and it is important from the outset to understand the driving forces behind the transaction which could include one or a number of commercial motivations:
As well as the commercial motivation there are different types of acquisition and our experts can help advise on the best way to structure a deal so that it delivers value and mitigates risk. In their simplest form some of the most common transactions are:
Our mergers and acquisitions lawyers and tax specialists have a wide range of multi-jurisdictional corporate expertise including:
We can help establish a mergers and acquisitions strategy that focuses on numerous elements, including analysis and prioritisation of potential opportunities and risks, identification of the important legal and tax implications, and an execution roadmap through the M&A process. We can also advise on a post-merger integration approach and how to integrate legal and tax considerations.
Examples of some of the corporate transactions we have worked on include:
How we can help?
Del Canto Chambers assists clients in structuring a wide range of transactions, from:
Del Canto Chambers team uniquely understands the complexities of international tax and legal complexities, ensuring that details, no matter how small, are not overlooked in a transaction.
A Del Canto partner will stay involved throughout the work to ensure you experience a seamless service. That connection provides consistency and intimate client knowledge, expertise and proactive advisory services. We will also help you navigate through the transactional process coordinating the different professionals involved.
Del Canto Chambers’ dual-qualified, multilingual tax lawyers have handled over 500 complex cases from Europe, the Middle East, Latin America, and Asia. Discerning London-based and international clients, corporations, solicitors, and tax advisors count on our expertise.
You can more about what clients have to say, about working with Del Canto Chambers here below.
The Beckham Rule is a special Spanish tax regime for expatriates. It allows qualifying individuals to pay a flat tax rate on employment income and to be treated as non-residents for certain other tax purposes.
Any individual who moves to Spain for professional reasons and has not been tax resident in Spain during the five previous tax years may apply. This includes employees, remote workers, directors, and certain entrepreneurs.
Qualifying income is taxed at a flat rate of 24% up to €600,000. Income exceeding that threshold is taxed at 47%.
You must not have been considered a tax resident in Spain during the five tax years immediately preceding your relocation.
Your move to Spain must be for genuine employment or professional reasons, such as:
Holding an employment contract with a Spanish or foreign companyWorking remotely from Spain under a Digital Nomad Visa
Acting as a highly qualified professional or entrepreneur conducting a business activity in Spain
Serving as a director of a company, provided that—if the company is asset-holding—you hold no more than 25% of its shares
You must apply for the regime within six months of registering with the Spanish Social Security system (Seguridad Social). This deadline is strictly enforced.
The regime applies for a total of six tax years: the year you become a Spanish tax resident and the following five full years.
The regime applies for a total of six tax years: the year you become a Spanish tax resident and the following five full years.
Under the Beckham Rule, all employment and professional income is taxable in Spain, regardless of where it is earned. However, income from non-Spanish sources—such as interest, dividends, investment income, and capital gains—is not subject to Spanish tax.
You are only subject to Wealth Tax and Solidarity Tax on assets located in Spain. Foreign assets are excluded from the Spanish tax base during the six-year period.
Your spouse and dependent children under 25 (or of any age if legally disabled) may also benefit from the regime, provided they meet the requirements and file separate applications.
If you move to Spain to act as a director, you may apply regardless of your shareholding. However, if the company is an asset-holding entity, your ownership must not exceed 25%.
If you cease to be tax resident in Spain before completing the six-year period, you will automatically lose the benefits of the regime. From that point onward, you will be taxed under the general Spanish tax system, which includes progressive rates and worldwide income taxation.
Del Canto Chambers has a specialised team ready and eager to support you to apply for Spanish nationality. If you are interested in applying and would like to know if you are eligible, we would be delighted to help you.
Del Canto Chambers specialists are constantly up to date with new legislative changes and aware of any Spanish tax and legal implications. Contact our Spanish legal and tax specialists to find out the best tax planning and corporate structures in your circumstances.
At Del Canto Chambers we are always sharing our knowledge and act as an active voice across different media. The following articles and news are related to and relevant for Real Estate Sale & Purchase and Spanish Tax Law.

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