The Spanish holding regime (i.e., ETVE Company) provides a flexible limited liability vehicle that was specifically designed to avoid the creation of harmful tax competition as defined by the European Commission.

An ETVE is a regular Spanish company (i.e., an SL or an SA) subject to a 35% tax on its income, but exempt from taxation on qualified foreign-source dividends and capital gains. As such, the ETVE is protected by EU Directives such as the Parent-Subsidiary Directive and the Merger Directive. The company may benefit from Spain's 50 tax treaties.

The broad tax treaty network with Latin America and its European character make the ETVE an appealing vehicle for channelling capital investments towards Latin America, as well as a tax-efficient exit route for EU capital investments by non-EU companies. The Spanish ETVE is not on any Latin American black list.

In addition to providing all Amicorp Group products, Amicorp de España provides assistance in the planning, implementation and administration of structures involving the ETVE and non-ETVE Spanish companies, as well as real estate structures.

Investment in Spanish real estate is increasingly popular both with Spanish and foreign investors. However, holding these investments in a cost efficient manner with an eye toward earning future capital gains can be tricky. Recent changes in Spanish real estate laws make ownership even more costly unless held in a proper real estate structure.

This structure provides the real estate investor a vehicle to invest and hold Spanish real estate efficiently and reap future capital gain benefits without capital gain taxes.

Languages spoken: Spanish, English, Dutch, Danish, German, and French.