
Non-profit residence in Spain: legal framework and application procedure
Non-lucrative residence is a legal authorisation to reside in Spain without carrying out work or professional activities, expressly differing from other types of residence such
The Portuguese State Budget for 2025, enacted through Law no. 45-A/2024 of December 31, introduces a series of tax measures aimed at at strengthening the competitiveness of companies and improving employees compensation. The following changes took effect on January 1, 2025.
1. Adjustments to the Corporate Income Tax (IRC)
(a) Reduction in Corporate Tax Rates:
2. Portuguese Property Transfer Tax (IMT): An update of the brackets used to determine the applicable IMT rate for the transfer of urban properties or autonomous units of urban properties exclusively intended for housing is planned, with an increase of 2,3%. The threshold above which IMT is payable is raised from EUR 101.917 to EUR 104.261.
3. Reporting obligations: The obligation to submit the SAF-T (PT) file related to accounting has been deferred once again, now applying to the 2026 tax periods and beyond, to be submitted in 2027 and in subsequent periods.
4. Value Added Tax (VAT): The extension of the possibility to use PDF invoices (without a digital signature or certification seal) as electronic invoices for all purposes under tax legislation is once again anticipated, now until December 31, 2025.

Non-lucrative residence is a legal authorisation to reside in Spain without carrying out work or professional activities, expressly differing from other types of residence such

If you are thinking of launching a start-up in Spain, Law 28/2022 of 21 December could mark a turning point for your project. It is

Corporate tax is one of the main tax burdens for any company in Spain. But it is not all obligations: our system also offers tools