English Speaking Accountants Services Madrid

Business Advisory & Fractional CFO Services

Further to traditional accountancy, HCS offers fractional forward focused financial officer services for our company clients, who are looking for a financial officer to provide reports and measurements that are essential for the management and strategy planning of the business.

How can a Fractional CFO assist your business?

We work closely with business owners to identify the areas of focus in the following areas:

Financial Management and Reporting:

Do you have timely and accurate financial statements and reports?
Are you confident in the accuracy of your financial data?
Do you have a clear picture of your company’s financial health and performance?

Budgeting and Forecasting:

Do you have a formal budgeting process in place?
Are your financial forecasts and projections reliable?
How often do you update your financial forecasts?

Cash Flow Management:

Are you experiencing cash flow issues or difficulties in managing working capital?
Do you have a clear understanding of your cash flow cycles and needs?

Strategic Planning:

Do you have a long-term financial strategy for your business?
Are you planning for growth, and do you need financial guidance for scaling operations?
How involved are you in financial decision-making, and do you need support in this area?

Risk Management and Compliance:

Are you aware of and managing the financial risks facing your business?
Do you have internal controls and procedures to ensure compliance with financial regulations and standards?

Operational Efficiency:

Are you maximizing the efficiency of your financial operations and processes?
Do you need help in identifying and implementing cost-saving measures?

Profitability Analysis:

Are you able to accurately analyse the profitability of different products, services, or business segments?
Do you need help identifying areas where you can improve margins?

Investment and Financing:

Are you considering raising capital or seeking new investment opportunities?
Do you need assistance in managing relationships with investors, banks, or financial institutions?

Technology and Systems:

Are your current financial systems and software adequate for your needs?
Do you need help selecting or implementing new financial technologies?

Growth and Scaling:

Do you have the financial infrastructure to support your growth plans?
Are you considering mergers, acquisitions, or other major investments?

These questions will help you to know if the expertise of a fractional CFO would be beneficial in your business to improve any of these areas. Contact us to arrange an initial conversation as to your requirements, and we will be pleased to discuss your individual business and how we can tailor our CFO service to your own company.

Tax & Accountancy Services

If you are a Business / Company in Spain

We offer a full consultancy service from start-up and planning advice for new businesses to providing meaningful management information through to the reporting of actual results and future forecasts.

If you are a sole trader or partnership, we will produce your income and expenditure reports so you know your results. We will ensure that you meet your compliance and taxation requirements, whilst keeping it simple through the minefield of Spanish red tape and bureaucracy. We will produce accurate accounts information and documentation that you can rely on for yourselves and any outside interested party: bank, tax authorities or potential investor, for example.

If you own a Spanish company we will produce your complete annual accounts in line with the legal requirements of the Spanish Commercial Registry. We will also provide you with monthly management accounts. This is so that we can focus on the results you are striving for in your business. We will provide budgeting, forecasting and cash flow advice to keep you heading in the direction you wish your business to go for you to maximise your investment.

The team at HCS are on hand for personal consultations to discuss commercial decisions and to brainstorm the best solutions, and including any potential exit strategy for the business owners and partners.

HCS also provides a full employment and payroll service for all business clients, including on hand personal consultations with our employment lawyer for updates and any HR matters relating to individual staff members.

We aim to be the financial team in your business, providing both future forecast analysis and solid accurate historical accounts information of your company or enterprise. We pride ourselves on being expert accountants and financial professionals for our clients, on hand to brainstorm commercial decisions and solutions for your business, and not just tax advisors for your business.

Specific Services we provide to our Clients

- Annual & Management Accounts
- Income & Expenditure Reports
- Book Keeping & VAT Returns
- Year End Accounts and Filing at the Commercial Registry
- Corporation Tax Returns
- Start Up & Planning Advice for New Businesses
- Partnership and Limited Company Formation
- Full Company Payroll Service including Employment Law Updates
- Budget and Forecast Preparation
- Cash Flow Forecast Preparation

For the Business / Company Owner or Sole Trader

We offer a full taxation advice and planning service, including advice on your residency. You will receive a consultation giving you a personalized plan for your individual situation.

We help you meet your Spanish tax obligations so that you can continue your new life in Spain.

Specific Additional Services we provide to Our Business / Company Owner or Sole Trader Clients

- Personal Income & Capital Gains Tax Returns
- Foreign Asset Declaration
- Wealth Tax Returns
- Advice on Spanish Residency and Tax Planning
- Spanish State Pension advice & Application assistance
- Liaison with HMRC over change of residence to Spain

International VAT Services

If Your Business Sells Online in Spain

As the Spanish Partner of a co-ordinated international group of companies, our International VAT team will handle all aspects of the VAT processes for all foreign businesses who sell on Spanish based online platforms.

We are currently working with businesses worldwide to ensure the VAT registration and compliance for their Spanish operations is completed and handled with our experienced team.

We will take you through the necessary documentation and the regisration process in order to obtain your Spanish VAT number. We will then complete the ongoing quarterly and annual compliance to settle the VAT due to the Spanish tax authorities.

Specific Services We Provide to Online Retailers Operating in Spain

- Spanish VAT Registration for International Companies and Sole Traders

- Preparation and Filing of Quarterly and Annual Spanish VAT Returns

- Ongoing Compliance to ensure our clients meet all Spanish obligations in this area and are kept updated with any recent changes in Spanish and European VAT Laws

- Spanish Fiscal Representation