Accounting services in Madrid
Tax advisors and accountants for expats and international clients.
Accountancy support in Madrid for individuals and businesses
As Spain’s capital and primary business hub, Madrid attracts entrepreneurs, senior professionals, freelancers, and international companies from across the world. Whether you have relocated for work, launched a business in the city, or manage income and assets across multiple countries, navigating Spanish tax and accounting rules can quickly become complex.
With more than 17% of Madrid’s population made up of foreign nationals, it is one of Spain’s most internationally diverse regions. Madrid is home to multinational headquarters, tech start-ups, consultants, remote professionals, and senior executives. This often means:
- Cross-border income
- Equity compensation or share schemes
- Rental or investment property abroad
- Split tax residency situations
- Company structures across jurisdictions
Contact us today
Client testimonials
What managing finances in Madrid actually requires
While Madrid offers strong career prospects and commercial opportunities, managing finances here requires clarity on:
- Spanish tax residency rules (183-day rule and centre of economic interest)
- IRPF income tax obligations
- Wealth tax exposure
- Corporate compliance requirements
- Ongoing reporting to the AEAT
Baleario provides professional accountancy support in Madrid for individuals, autónomos, and SL companies. We help clients stay compliant, manage filings, and plan confidently. Working in clear English and Spanish, we remove uncertainty around deadlines, reporting, and compliance so you can focus on your career or business.
Private tax and accounting services in Madrid
Personal tax management for international professionals in Madrid often involves coordinating Spanish income tax obligations with foreign income, international tax treaties, and asset reporting requirements.
Many clients need clarity on:
- When they become Spanish tax resident
- How foreign income is taxed
- Whether wealth tax applies
- How stock options or RSUs are treated
- How double taxation agreements work
Our private tax and accounting services include:
- Spanish income tax returns (IRPF)
- Wealth tax planning and filings
- Foreign asset declarations (Modelo 720)
- Inheritance and succession tax guidance
- Non-resident tax returns (Modelo 210)
- Ongoing compliance with the AEAT
We provide structured, practical advice focused on compliance, risk reduction, and efficient planning.
Autónomo accounting services in Madrid
Madrid has one of Spain’s highest concentrations of freelancers, consultants, and digital professionals. Registering as an autónomo provides flexibility, but compliance requirements are strict and ongoing.
Autónomos in Madrid must manage:
- Quarterly VAT returns
- Quarterly income tax instalments
- Monthly social security contributions
- Annual summary declarations
- Detailed bookkeeping
We support self-employed professionals from initial registration through full ongoing compliance.
Our autónomo accounting services include:
- Autónomo registration and setup
- Quarterly and annual tax filings
- Bookkeeping and invoice management
- Social security coordination
- Tax optimisation and forward planning
We are also official Holded partners and can implement cloud-based accounting software to simplify invoicing, bank reconciliation, and reporting.
Our bilingual team explains everything clearly so you understand what is due, when, and why.
Business (SL) accounting services in Madrid
Operating a Sociedad de Responsabilidad Limitada (SL) in Madrid requires consistent accounting, payroll administration, and corporate tax compliance.
Madrid’s competitive business environment means:
- Greater regulatory scrutiny
- Higher transaction volumes
- Cross-border supplier relationships
- Employee payroll complexity
International business owners often underestimate:
- Corporate tax filing requirements
- Annual accounts submission deadlines
- Payroll and social security obligations
- Record-keeping standards
Baleario acts as your dedicated accounting partner for companies operating in Madrid.
Our SL accounting and tax services include:
- Monthly and quarterly tax filings
- Payroll and social security administration
- Preparation and filing of annual accounts
- Corporate tax compliance (Impuesto sobre Sociedades)
- Ongoing reporting and financial oversight
We manage the technical accounting workload so you can focus on running and growing your business.
Why choose Baleario as your accountants in Madrid
Comprehensive accounting and tax support
We provide complete accounting, compliance, and tax advisory services for individuals and businesses.
English-speaking accountants
Clear communication in both English and Spanish.
Experience with international professionals
We regularly support executives, consultants, property investors, and company directors with cross-border income.
Practical, structured advice
We focus on clarity, compliance, and efficient tax planning — not jargon.
Proactive deadline management
We track all deadlines, manage filings, and provide reminders to prevent penalties.
Baleario insight: financial complexity for international professionals in Madrid
“Madrid attracts internationally mobile professionals who often maintain financial interests in multiple countries.
We frequently work with clients managing equity compensation, foreign rental income, and multi-jurisdictional tax exposure. The most common problems involve unclear tax residency status, incorrect treatment of foreign income, and delayed corporate compliance filings.
In Madrid, success comes from establishing proper accounting systems and clear tax positions early, rather than reacting to issues later.”
Chad Harwood-Jones, Founder, Baleario
Business and registration support in Madrid
NIE registration
We assist international professionals with NIE (Número de Identidad de Extranjero) applications in Madrid.
Autónomo registration
Bilingual support to register correctly and start trading with full compliance.
SL company registration
Complete SL formation in Madrid, including tax and social security registration.
Professional accreditation and official collaboration
AECE accredited membership
Our accountants are members of the Spanish Association for Accountants and Tax Consultants (AECE).
Agencia Tributaria collaboration
We work directly with Spain’s national tax authority systems to ensure accurate filings and current compliance.
Accounting services in Madrid – FAQs
Why use an accountant in Madrid as an expat or international professional?
Madrid’s international business environment creates complex tax situations involving residency rules, foreign income, and corporate compliance. A professional accountant ensures you remain compliant and avoid penalties.
Do you work with expats and non-residents in Madrid?
Yes. We support expats, non-residents, globally mobile professionals, and international businesses operating in Spain.
Do you provide services in English?
Yes. All services are delivered in English and Spanish.
How much do your accounting services cost?
- Private tax services: from €20 per month
- Autónomo accounting: from €80 per month
- SL companies: from €150 per month
What are the key tax deadlines in Spain?
Personal income tax (IRPF): April to June
Autónomo VAT: 20 January, 20 April, 20 July, 20 October
Autónomo income tax: 20 January, 20 April, 20 July, 20 October
Non-resident tax (Modelo 210): quarterly deadlines
Wealth tax: filed alongside IRPF
Corporate tax (SL): within 25 days after six months from year-end
We manage all deadlines for our clients.
Do I need an accountant as an autónomo in Madrid?
In most cases, yes. The Spanish tax system is strict and penalties for errors can be significant. Professional support ensures compliance and tax efficiency.
How often will I need to engage with my accountant?
Autónomos typically require quarterly support. SL companies usually require monthly accounting and payroll services. Private clients may require annual or periodic engagement depending on complexity.
How do I get started?
Book a free consultation. We will assess your position, explain requirements, and provide transparent pricing.
Speak to an English-speaking accountant in Madrid
Get expert advice on your taxes, compliance, and accounting obligations in Spain, with bilingual support designed for Madrid’s international business community.
