Tax Advisor in Manacor

The Manacor office

Lex·on keeps an open office in Manacor, at Carrer del Dos de Maig, 2, and advises clients from the town and from the wider Llevant district: Porto Cristo, Son Servera, Sant Llorenç des Cardassar, Artà, Capdepera, Felanitx, Santanyí and the coastal areas of Cala Millor, Cala Ratjada and Portocolom.

This is a boutique firm rather than a high-volume practice. The professional who takes the first meeting is the one who later signs the advice and appears in the proceedings. Appointments are arranged by telephone or email so that the matter is already studied when we meet, and the meeting is spent deciding rather than taking notes.

What we advise on from Manacor

Companies and self-employed professionals

Corporate income tax, VAT, withholdings and periodic filings, with particular attention to the points that are later reviewed: the remuneration of a shareholder who provides services to their own company, related-party transactions documented after the event, and expenses whose business purpose is not evidenced. These are the fronts the Spanish tax authorities usually open in businesses of this size, and all of them are better resolved before they are opened. On the first, see company and shareholder carrying on the same activity.

Inheritance, gifts and succession agreements

The Compilation of Civil Law of the Balearic Islands allows, in Mallorca, the universal gift and the definició, instruments that make it possible to settle a succession during lifetime with effects a will cannot achieve. Added to this is the 100 per cent inheritance tax relief for groups I and II introduced by Decree-Law 4/2023, which makes the Balearics a favourable jurisdiction for succession and, precisely for that reason, calls for the requirements to be checked before the relief is taken for granted. See our analysis of Balearic succession agreements and of the regional relief.

Property and non-resident owners

A property located in Mallorca gives rise to tax obligations even where it produces no income at all, and its transfer triggers the 3 per cent withholding under article 25.2 of the consolidated text of the Non-Resident Income Tax Act. We handle the annual filing through Modelo 210, the regularisation of open years and the calculation of the position before signing. On the transfer itself, see the 3 per cent withholding on a sale.

Family business and wealth

The exemption under article 4.Eight.Two of the Wealth Tax Act and the relief under article 20.2.c of the Inheritance and Gift Tax Act rest on requirements that are tested year by year, not once and for all. We review the shareholding structure, the management duties and the remuneration attached to them, which is where the relief is most often lost. See family business relief in Spanish inheritance tax.

Proceedings before the AEAT and the ATIB

We act in data verification, limited review and inspection proceedings before the Spanish State Tax Administration Agency and the Balearic regional tax authority, and in economic-administrative and court appeals where the position warrants it. We say so equally clearly when it does not.

How we work

A single point of contact

You deal directly with the professional handling your matter. Files do not travel between departments and the analysis is not delegated.

Written and defensible advice

Our conclusions rest on the statute, on the rulings of the Directorate General for Taxation and on case law, and we say expressly when a question is unsettled. Where facts are missing, we identify them rather than assume them.

Three languages

We advise in English, German and Spanish. A large share of the owners and families in the Llevant district hold interests or residence outside Spain, and advice that looks only at the Spanish side is incomplete.

Visiting us in Manacor

Where a matter does not call for a meeting in person we work remotely, as is usual with clients who spend only part of the year on the island. For an overview of our tax practice across the rest of Mallorca, see tax advisor in Mallorca.