Business accounting
All commercial companies are obliged to keep accounts in accordance with the provisions of the Commercial Code and following the guidelines set out in the General Accounting Plan and the BOICAC.
New technologies allow us to register all your documents electronically, either by email, cloud-based systems or via your telephone, in compliance with current regulations and saving time spent travelling to the consultancy.
As accounting is a system that reflects the true image of the company, our advisors, based on accounting information, can provide you with information on costs, solvency analysis, cash flow and asset situation to facilitate your day-to-day business decision-making.
FAQs
How are tips taxed in Spain when a restaurant or bar collects them and shares them out among staff?
Voluntary tips are not part of the taxable base for Spanish VAT (IVA). If they are passed on in full to staff and recorded as a liability to employees, the effect on Corporation Tax is neutral. For the employee they are employment income: if the business collects and distributes them, they must go through payroll with tax withholding and social security contributions.
Last updated: 19/10/2026