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V4262-16 5 October 2016 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IS · traslado de domicilio social

Move of US company domicile to Spain exempt from ITP and AJD

A Georgia-based US company proposes relocating its domicile to Spain and carrying out a reverse merger. The DGT rules that the domicile transfer is exempt from ITP and AJD, and that the reverse merger may qualify for the special merger regime if valid economic reasons exist.

The question raised

Question raised 1) Whether the adaptation of the articles of association to Spanish regulations and the corresponding transfer to Spain of entity H would be subject to Transfer Tax and Stamp Duty.

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