Padilla & Asociados

About Padilla & Asociados

Described on its site as lawyers, tax advisers and account auditors, this practice works from four offices: Santa Cruz de Tenerife, La Laguna, the Costa Adeje area in the south of the island, and Madrid. Clients range from large corporates and small and mid-sized companies to freelancers and private individuals. Beyond tax, accounting, employment and commercial-law work, it runs a corporate administration area for special purpose vehicles, offering independent directors, domiciliation, treasury and reporting under local, US and international accounting standards. Its tax team also represents international entities operating in Spain before the tax authorities, and the website is available in English as well as Spanish. A commercial alliance with a separate group adds insurance brokerage and property-community administration for clients who need them.

Services

Corporate services for special purpose vehicles include independent directors, incorporation and registered domicile, statutory compliance, corporate administration, treasury management, reporting and liquidation. Tax work covers VAT or the Canary Islands indirect tax, personal, corporate and non-resident taxes, local levies and fiscal representation. Accounting outsourcing, financial reporting and official books accompany payroll, social security and employment-law support. The audit area performs mandatory and voluntary audits, subsidy audits and expert reports.

• ✓ Company formation: offered
• ✓ Accounting and bookkeeping: offered
• ✓ Tax compliance: offered
• ✓ VAT: offered
• ✓ Payroll: offered
• ✓ Audit: offered
• ✕ Bank account assistance: not listed
• ✕ Residency and visas: not listed
• ✓ Corporate secretarial: offered
• ✓ Virtual office: offered

Licences and registrations

• Presents itself as lawyers, tax advisers and registered account auditors

As declared by the firm. Check a licence with the regulator before you rely on it.