English speaking Lawyers in Denia and Javea BLANCO ABOGADOS

CORPORATION TAX SPECIAL REGIME OF PUBLIC LIMITED INVESTMENT COMPANIES LISTED ON THE PROPERTY MARKET (SOCIMI) (Act 11/2009, of 26 October, modified by Act 16/2012) This is an optative regime, that is also applicable for partners.The option must be adopted by the General Meeting of Shareholders and must be communicated to the Delegation of the Tax Agency corresponding to the company's tax domicile, before the last three months prior to the conclusion of the tax period. If this period is fulfilled, the tax regime will apply in any tax period which finishes later than the said communication and in any successive periods which may conclude before the waiver of the regime is notified. It is incompatible with any of the special regimes provided for in Title VII of the Revised Text of the Spanish Corporation Tax Act (TRLIS), except for: - Mergers, demergers, asset contributions and securities swaps. - International fiscal transparency - Financial lease. REQUIREMENTS

PROPERTY in Marina Alta. Basic recomendations CHECK LIST. Before sign any document find an INDEPENDENT lawyer. 1. Check who the owner is. If it is not the owner the person who signs must have a power of attorney. 2. It is very important to check if the property is free of charges, mortgage, or tenants via Land Registry. 3. Community fees. Letter of the administrator. 4. Price and payment: a certain amount that the buyer gives to the seller as a signal. 5. Selling fees: There are fees related to the purchase negotiation. Who pays?... Municipal Taxes. Seller Notary fees. negotatiable Registration fees. negotatiable 6. Check if the property has any penalties at the town hall 7. Check the urban situation of the property via Catastro and townhall. If in the future there are any urban projects in the area. Cadastral data: Descriptive and graphic cadastral certification that will be incorporated into the deeds to verify the coincidence or discrepancies between the cadastral data, the Pro