When Taxes, Law, and Real Estate Come Together

Buying a house, moving to Mallorca, or investing in Spain: What may initially seem like a single decision quickly affects multiple areas. When buying real estate, you'll need to deal with contracts, the land registry, and the cadastral records. Changing your place of residence raises questions about tax residency. Renting out property or making investments entails additional tax and legal obligations.

Omnia Consulting brings these areas of expertise together under one roof. Tax advisors and attorneys assist residents, non-residents, property owners, and businesses with decisions related to Spain—from tax planning to real estate and construction law to administrative procedures.

Tax Consulting in Mallorca for Residents and Non-Residents

Whether you have a permanent residence in Mallorca, a vacation home, or income from multiple countries: what matters is what tax obligations this creates in Spain.

Our advisory services cover, among other things, tax residency, double taxation treaties, wealth tax, income tax for non-residents, value-added tax, and inheritance and gift tax. In addition, we assist with filings such as Form 720 or ETE for certain assets and accounts held abroad.

The firm also assists companies with business incorporations, accounting, and tax matters in Spain.

Real Estate Law: Check Before You Sign

When buying real estate, the purchase agreement isn't the only deciding factor. Equally important are the ownership structure, any encumbrances, the comparison of the land register and the cadastral records, and the legal and structural condition of the property.

Omnia Consulting assists buyers and sellers with real estate transactions in Mallorca. Depending on the transaction, services include reservation and option agreements, purchase agreements, review of urban planning and legal status, and preparation for notarization.

For foreign buyers, the law firm can also assist with obtaining an NIE number, opening a bank account, obtaining a certificate of occupancy, an energy performance certificate, and other required documents. After the purchase, the firm can handle the land registry registration, tax matters, and the transfer of utility contracts.

Building Law and Real Estate Projects in Mallorca

Anyone renovating, developing, or building a new property should address legal and financial issues early on. Omnia Consulting therefore also provides advice on building law as well as on larger-scale real estate and investment projects.

Depending on the project, permits, financing, contractual issues, project organization, and the future use of a property can all be considered together. This reduces the number of separate coordination efforts between tax advisors, legal counsel, and administrative staff, particularly for international property owners.

Vacation Rentals and Tourist Use

Renting out a property for tourism purposes entails specific licensing, tax, and registration requirements.

Omnia Consulting advises property owners on vacation rentals and tourism law, including issues related to the ETV, tourism registrations, the Ecotasa, and the tax treatment of rental income. For non-residents, the correct taxation of income earned in Spain is particularly important.

Family Office for Owners and Investors

As the number of properties increases, so does the ongoing administrative burden. The Family Office is designed for property owners, families, and investors who wish to centrally manage their real estate affairs in Mallorca.

Services include representing property owners, property management, real estate accounting, tax returns, and financial oversight of the real estate portfolio.

Tax and Administrative Services

In addition to tax and legal consulting, Omnia Consulting also handles administrative tasks. This is particularly beneficial for international clients when dealing with government agencies, filing reports, or preparing documents related to tax or legal matters.

This allows, for example, the purchase of real estate, tax registration, and subsequent administration to be handled as part of a coordinated process.

Contact person in Palma for tax and legal matters

Omnia Consulting is located in the center of Palma and serves clients in multiple languages. The combination of tax consulting, legal advice, and administrative support is particularly valuable in situations where a decision affects multiple areas at once.

Whether you're buying real estate, relocating, making an investment, or managing your real estate portfolio on an ongoing basis, you have a team at your disposal that doesn't view each step in isolation.