We focus on two categories of clients:

Private Clients

Holdings of financial assets, real estate, luxury goods or any other type of investments inevitably requires a consideration of taxes and related optimization. Similarly, a thorough analysis of taxes is required in the design of management compensation schemes  for the benefit of both the employer and senior employees.

We advise individual clients, employers, private bankers and asset managers and Family Offices in determining the domestic and international tax implications  of their activities from the tax and regulatory angles.

Domestic tax rules give rise to information and compliance obligations, and may also be impacted by international tax treaties and other applicable regulations. All angles must be considered for the advice to ensure comprehensive compliance.

We also advise on residence / domicile issues, inheritance, gift and wealth tax, domestic and non-resident income tax, and, if required, we can also provide litigation services to protect our client´s interests.

Insurance Sector

Insurance companies operate in a complex regulatory framework. Capital requirements, transfer pricing rules, contracts general conditions, consumer rights and data protection are some of the companies’ concerns when operating in the Spanish market.

Inbound insurance entities are able to benefit from certain exemptions afforded to non-residents companies under EU Freedom to Provide Services and the Freedom of Establishment provisions. Taking advantage of these provisions is the key to competition in the Spanish market.

On the other hand, the tax issues related to this sector of activity are probably more complicated than any other as they are inextricably entangled with regulatory law.

With regard to insurance companies operating in Spain, while many legal insurance experts  are focused on claims, Avera’s emphasis is on tax and regulatory  issues.

Corporate clients

We advise companies in the compliance of their tax obligations from a proactive angle. This means we advise companies in structuring their business in a consistent manner from the tax perspective and enhancing their relationship with the tax environment.

Our advice includes:

• Corporate Income Tax issues
• Value Added Tax issues (location of services, deductibility, special regimes etc.)
• Stamp Duty and Transfer Tax.
• Personal Income Tax
• Expatriate and impatriate regimes
• Non Resident Income Tax and application of Tax treaties.
• Retributions as stock option and share plans
• Advise in tax audits
• Tax litigation in Courts