If you are determined to invest in Mallorca or think that the island is the perfect place to settle, do not doubt that our services will be necessary for you.

We are a multidisciplinary law firm specializing mainly in Real Estate Law, Urban Planning and Administrative Law, as well as in other civil areas, such as general contracting, family law and civil procedure.
These are our strengths:

• We advise, defend and represent our clients at all levels. Our greatest asset is an infrastructure of professional leaders in each field of action, especially Real Estate and Tax, as well as our international vocation and multilingual capacity.

• We have 30 years of experience of legal practice in Mallorca but we’re in constant process of renovation, internationalisation and specialisation.
• We’re specialist in property law in Mallorca, we offer our clients a comprehensive service in everything required for the sale of a property. acquiring a property in Mallorca is a very different process from other foreign countries and requires information and professional advice that facilitates the purchase while minimizing the risks. If you intend to purchase a property in Majorca from a foreign country like England or Germany, you should consider that both the jurisdiction and the processes to be carried out and the roles of professionals involved in it are different. Throughout the whole process, the presence of a lawyer is essential to be responsible for providing obligatory advice to clients on legal, tax and legal liabilities acquired during the action of sale.
• For foreign investment, we offer legal assistance regarding funds from other countries for investment in real estate and business. Our team has extensive international experience and cooperation agreements with international firms.

This allows us to offer detailed advice in the field of internationalisation by providing services such as: International Trade Consulting, recruitment, formation of companies, subsidiaries and branches.

Advice on tax issues: tax incentives for the internationalisation of companies, income earned abroad, international operations, etc

• We’ve deep knowledge of the Tourism Law of the Balearic Islands as well as the recent zoning process, do not hesitate to contact us. Our team of professionals will solve all your doubts and advise you in the most effective way.

You can contact us through our form in our website, we will attend with no obligation. Our team is committed to providing the best work processes to provide you with the best results, in a constant quest for professional excellence establishing external collaboration when circumstances require.

The declarations may be submitted this year from April 4 through the Internet or telephone, but for face-to-face attention it will be necessary to wait until May 10.

In addition, the fiscal data consultation service and the reference number is advanced to March 15 with the aim of streamlining the campaign itself. The deadline for delivery will be July 2 and a few days before, on June 27, in the case of direct debits.

From April 4 you can submit statements that do not need to add information from the new app, while those that require modifications will have to be processed through its web program. Once modified, all can be confirmed through the mobile application of the Tax Agency.

One of the questions that can be asked is how the income obtained from vacation rentals is taxed. In this sense, we must take into account different variables.

In the same fiscal year it is necessary to differentiate two periods:

• The time that the dwelling has been rented, from which the full income obtained will be declared and the expenses specified for the rental can be deducted

• The period in which the property has been free, which will correspond to the income imposed by the Treasury for having a second property.

The net return for which the tax will have to be paid will be the result of subtracting the expenses from the income obtained. In other words, the cost of advertising for the property, the interest on the mortgage, repairs, some payments such as the IBI, the community, the rubbish rate or household insurance, etc. may be discounted. You can only deduct the proportion of the expense at the time that the rented property was held, except for the promotion of the property that may be deducted in full. To know what is to be taxed for the time that the house has been free, it is necessary to calculate 1.1% of the cadastral value (2% if the last cadastral review was made before 1994), divide that value between twelve months (or between 365 days) and multiply the result by the months or days that the rented property has not been. This will result in the attributable performance.

In the case of not declaring, the Treasury sends the taxpayer a settlement proposal, which includes the undeclared income to be included within a certain period. If it is understood that the action taken has been originated with the intention of fraud, a sanction may be imposed that would go from 50% and 150% of the undeclared.

At Ripoll & Mateu Solicitors Mallorca we advise, defend and represent our clients at all levels. Our greatest asset is an infrastructure of professional leaders in each field of action, especially Real Estate and Tax, as well as our international vocation and multilingual capacity.