Accounting in Spain

Expert control over your financials—where and when you need it most

Accounting in Spain is not just about recording transactions—it’s the backbone of compliance, financial health, and strategic growth. But navigating Spanish accounting standards (PGC), tax deadlines, and complex reporting rules is a major challenge for any business, especially if you’re expanding, managing subsidiaries, or unfamiliar with local regulations.

At GCO, we offer comprehensive Spain accounting services tailored to the reality of your business. Whether you’re a growing SME or a multinational operating in Spain, we help you align your numbers with your goals—and with the law.

With our accounting services, you will:

Avoid penalties and fines due to non-compliance with Spanish regulations
Free up internal resources to focus on your core business
Gain valuable financial insights for smarter decision-making
Ensure consistent, audit-ready reporting that builds trust with investors, banks, and stakeholders

Accounting in Spain

Overcoming accounting challenges in Spain

Expanding into Spain or managing operations from abroad brings with it a unique set of accounting challenges. Foreign companies often face:

Complex regulatory requirements under Spanish GAAP (Plan General de Contabilidad), which differ significantly from international standards.

Monthly or quarterly filings that require precision and real-time updates with local tax authorities.

Language barriers and local terminology that make accurate communication and interpretation difficult.

Incompatible reporting formats between the parent company and local Spanish systems.

Constant legislative changes, making it hard to stay compliant from a distance.

Even a small error or delay can escalate into serious legal, tax, or reputational issues.

Spain accounting services

Handled, compliant, and aligned with your growth

We tailor every service to give you clarity, control, and full compliance—so your accounting supports your business, not slows it down.

Bookkeeping & financial statements. Ongoing bookkeeping under Spanish PGC. Accurate, audit-ready records at all times.

Accounting for tax filing. We prepare accounting documents for VAT, Corporate Tax, IRPF—fully aligned with local tax rules.

Monthly & annual closures. Timely reconciliations and closings to avoid errors, delays, and compliance risks.

Accounting for subsidiaries or foreign companies. Local accounting for foreign-owned businesses, aligned with global reporting needs.

Management accounting & reporting. Custom reports to monitor cash flow, profitability, and performance.

Accounting audits & internal reviews. We get your books ready for audits, mergers, and internal reviews—no surprises.

accounting in Spain

Why choose GCO’s accounting in Spain advisory service?

Our accounting team is certified, bilingual, and fully updated on the latest regulatory changes.

All-in-one advisory: integrated with tax, labor, legal, and financial services.
Local experts, global perspective: we understand both Spanish law and international standards.
Personalized attention: a dedicated advisor for your business.
Multilingual support: we bridge communication gaps by offering services in multiple languages, so nothing gets lost in translation.
Trusted network: We’re members of the Ilustre Colegio de Economistas de Cataluña, AEDAF, CGS of Barcelona, and IUSFUL European Legal Network—meaning your business benefits from proven expertise, professional integrity, and access to a reliable legal and fiscal support network across Spain and Europe.
GCO Conta: Real-time financial dashboard for easy, transparent accounting and on-demand reporting

Process and Methodology

A Clear Path to Excellence for your Company

Our customer-centric process is tailored to your specific needs. From initial analysis to strategy implementation, we are with you every step of the way.

Case Study

TechInnovate Global Expansion

TechInnovate, a technology startup, faced the challenge of internationalization. With our strategic orientation, they not only conquered new markets but also optimized their overall tax structure, doubling their profitability in two years.

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Case Study

HR Dynamics transformation

HR Dynamics, a human resources firm, required a modernization of its labor management. We implemented innovative solutions that improved their efficiency and internal cohesion, resulting in a 40% increase in employee satisfaction.

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Case Study

GreenEco's Sustained Growth

GreenEco, a renewable energy company, sought to ensure its sustainable growth. With our advice on financial planning and auditing, they achieved financial stability that allowed them to invest in new sustainability initiatives.

SEE THE SUCCESS STORY

FREQUENTLY ASKED QUESTIONS

Answering all your doubts about our Spain accounting service

Do I need a local accountant if my business is based abroad?

Yes. Spanish regulations require local compliance, which means your accounting must follow local standards (PGC). A local partner ensures you avoid non-compliance, delays, or penalties.

Can you manage accounting for my Spanish subsidiary?

Absolutely. We manage accounting for foreign-owned subsidiaries and coordinate reporting with your headquarters or parent company.

How often do I need to submit accounting reports in Spain?

Depending on your company type, monthly or quarterly VAT filings are required, along with annual corporate tax and year-end financial reports.

Can you handle both local and group-level reporting?

Yes. We prepare reports that meet Spanish statutory requirements while aligning with your international group’s structure and reporting formats.

Is GCO the right fit for startups or large enterprises?

Both. We work with startups, SMEs, and multinational corporations. Our service scales with your business, ensuring efficient and compliant accounting at every stage.

Nuestro equipo fiscal