I have a small internet based UK registered Ltd company and I am considering moving to Spain to live in the flat I own there and wish to sell myself. I wonder if anyone could advise me on some tax issues?
I do not want to have to pay for an accountant in Spain as well as my accountant in the UK and I do not want to set up a Spanish version of my company because I have heard it is a much more costly and complicated venture than setting up a UK company?
1.Can I earn money from my company and pay it into my UK business account whilst living in Spain? If I draw from this whilst living in Spain I presume that I will have to pay UK tax and Spanish tax on it? And require a Spanish accountant to do my books?
2.Or could I leave my company in the UK and stop trading with it and go to live and work in Spain for a different Spanish company. This would be while I sell my Spanish flat before moving back to the UK to resume trading with my company after aproximately 6 months.
Any advice would be greatly appreciated.