Does it make any difference if I rent my villa to a Spanish company instead of an individual?

05 May Does it make any difference if I rent my villa to a Spanish company instead of an individual?

Yes, it does. To start with, companies normally limit the responsibility they may incur into (including due lease rents), up to the amount of their share capital. Another substantial circumstance is the fact that most companies may legally change their board of shareholders as many times they find appropriate without informing anyone; thus the persons you may have seen at the time of contracting the lease may be substituted by others you do not know at all.

A properly drafted lease contract should avoid these and any other risky issues even if the tenant is to be a company.

Emilio Pino – Abogados can help you regarding such contract.