I'm sure this has been asked before but searching the forums only turns up results for Beckham the footballer, not the law named after him!
https://en.wikipedia.org/wiki/Beckham_law
My question is this. I currently work off site 60% of my time and I'd like to spend that time in Spain. To take advantage of Beckham's law I'm wondering whether I could set up a company in Spain and become the sole employee. The Spanish company invoices my UK Limited company, who has the contract with the UK client, pretty much the entire amount. Consequently there'd be no UK corporation tax to pay and if I took the entire amount as Salary from the Spanish company, nothing to pay there either aside from the 24.75% flat rate for me on income tax.
Thoughts?
https://en.wikipedia.org/wiki/Beckham_law
My question is this. I currently work off site 60% of my time and I'd like to spend that time in Spain. To take advantage of Beckham's law I'm wondering whether I could set up a company in Spain and become the sole employee. The Spanish company invoices my UK Limited company, who has the contract with the UK client, pretty much the entire amount. Consequently there'd be no UK corporation tax to pay and if I took the entire amount as Salary from the Spanish company, nothing to pay there either aside from the 24.75% flat rate for me on income tax.
Thoughts?
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