finReg360

finReg360 has positioned itself as a leading firm in the financial sector by providing regulatory and tax advice to FinTech companies, crypto assets providers and exchanges and traditional financial institutions that need to implement innovative business models to adapt to the changing landscape of the financial sector.

finReg's tax department is known for our knowledge of the financial sector, our experience advising financial sector entities and our innovative approach to providing strategic tax advice, combining a high degree of specialization with a holistic view of the tax issues affecting financial sector entities to provide business-compliant advice.

At finReg360 we focus on service quality and sector and market expertise to offer real solutions to our clients.However, from our point of view, it is fundamental to achieve a work balance. This concept is part of our internal policies where we also promote the benefits of telecommuting and flexible working hours so that our professionals can combine their career plans with their personal lives.

• Business model

Financial taxation has become progressively more complex, challenging and intrusive to our clients' business models. Firstly, there is a constant flow of legislative, doctrinal and jurisprudential changes, both Spanish and European, which have a direct impact on our clients and their businesses. Secondly, we face the challenge that, in general, there is no specific tax regulation applicable to financial institutions, but we must apply general tax rules (often outdated and not adapted to sectoral developments) to institutions in a sector as specific as the financial sector. This challenge is especially challenging when it comes to advising FinTech entities or entities or entities in the world of crypto-assets developing innovative financial businesses.

We are witnessing a new reality in which law firms are now focused on finding efficiencies to comply with tax obligations while maintaining their business.

In our view, this reality requires an approach that goes beyond traditional legal and tax analysis. Our approach offers clients solutions to guide their business, considering both tax compliance and the identification of strategic business opportunities, as well as the identification of synergies between different activities. We support, assist and accompany our clients in the full implementation for tax purposes perspective of business, systems, contracts and procedures, as well as ongoing tax support.

• Business lines and credentials

We advise in tax matters to all kinds of financial entities, both foreign and Spanish. Our advice covers credit institutions (retail and investment banking), FinTech entities, investment services companies, independent financial advice companies, private banks, family offices, private equity and venture capital, collective investment vehicles (regulated and non-regulated), and investment management companies.

In the last year we have not only consolidated our client data base but also, we have significantly increased the clients as well as our participation in innovative projects.

The firm has position itself as a reference firm providing tax advice to the main financial and non-financial entities in Spain to incorporate in their processes FinTech companies or its technology and providing ongoing tax advice to tier 1 banks, market infrastructures and major retailers, among others.

We are also experts in the taxation of Blockchain, Smart Contracts, Tokenization and Crypto assets operations and transactions. From 2024 and 2025 we are consolidating our position in the world of crypto assets by advising some of the most relevant entities in that industry. In 2023, the prestigious publishing house Francis Lefebvre asked finReg360 to help them prepare a memento analysing, among other issues, the current tax framework for cryptoassets.Our partner Ana Mayo and our associate Victor de Miguel participated in its preparation. https://lefebvre.es/tienda/catalogo/derecho-mercantil/criptoactivos-y-monedas-virtuales-marco-regulatorio-y-tributacion Currently, finReg360 is the most prestigious law firm in Spain for tax advice in the cryptocurrency industry, as we know the sector and the most reputable firms in the industry choose us as their trusted tax advisors.

Likewise, many of our clients rely on us to advise them on an ongoing basis in their day-to-day efforts or with assistance in specific tasks.

We provide global and comprehensive advice on all aspects of their taxation, including, but not limited to:

• Direct and indirect taxation
• Indirect taxation of products, contracts, and structures of a financial nature
• Restructuring transaction and investment/divestment in companies and assets, and their financing
• Structuring of regulated and nonregulated investment vehicles
• Private equity and venture capital structures
• SOCIMIS
• Remuneration schemes (carried interest)
• Taxation of life insurance contracts (Unit-linked) and pension funds
• Complex financial products with tax impact
• Cross-border services and transactions
• Legal assistance in tax audit procedures before the Spanish tax administration and tax litigation
• Information and tax reporting obligations: FATCA and CRS
• Crypto assets tax advice and reporting obligations: DAC 8m CARF and domestic obligations.

Another of our major business lines is the design and implementation of operations, structures and contracts for the optimization and minimization of the impact that VAT usually has on the business models and operations of traditional financial institutions and FinTech entities.

We also have experience and recognized prestige in advising personal and private banking clients, high net worth and ultra-high net worth individuals and families, family businesses, entrepreneurs and executives of high-net-worth companies and family offices, both resident and non-resident in Spain. We provide our clients with a global vision of the taxation of their personal, wealth and inheritance affairs, their financial investments and their businesses, with highly specialized knowledge of Spanish financial and international taxation. On most occasions, financial institutions refer to us their most important clients to advise them on their tax affairs, given that they are usually clients with significant financial positions, investing in complex financial products, in which specialized knowledge of the industry and financial products is required to be able to advise these types of clients appropriately and avoid incurring tax risks.

Additionally, the firm is proud of its program of “law for equity”, active since the firm´s incorporation. This program supports those entities and clients that want to develop new ideas or implement innovating solutions, supporting them in the initial phases of their projects.

Finally, our professionals participate in courses, webinars, specialized seminars and mentoring programs related to financial taxation, the tax implications of FinTech operations, taxation of crypto-assets and related businesses and the impacts on taxation and taxation affecting private clients.