- 16 February, 2026
- Category: Tax
We hereby inform you that taxpayers subject to Personal Income Tax (IRPF) or Corporate Income Tax who are holders of assets and rights located abroad as of 31 December 2025 may be required to file the following informative returns by 31 March 2026:
Form 720
Annual informative return on assets and rights located abroad.
This return must be filed by individuals and legal entities resident in Spain, permanent establishments of non-residents, and entities under income attribution regimes that are holders, representatives, authorised persons, beneficiaries or have powers of disposal, where the total value of each category of assets exceeds €50,000:
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Real estate and rights over real estate located abroad. The return must include identification details, location (country, city, street and number), date of acquisition and acquisition value (depending on whether full ownership, usufruct, bare ownership or other rights are held).
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Accounts with financial institutions located abroad. The return must include the name and address of the financial institution, identification of the accounts, dates of opening or closure, balance as of 31 December, average balance for the last quarter, and, where applicable, the date on which the status of holder, representative, authorised person, beneficiary or person with powers of disposal ceased.
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Securities, rights, insurance policies and income deposited, managed or obtained abroad.
Important:
If Form 720 has been filed in previous years, it will only be required again where:
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The total value of any category of assets has increased by more than €20,000; or
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Ownership, authorisation or the previously declared status has been terminated.
Filing must be carried out exclusively by electronic means.
Form 721
Informative return on virtual currencies located abroad.
Form 721 must be filed by individuals or entities who are holders, beneficiaries, authorised persons or beneficial owners of virtual currencies held with entities located abroad, where the total value exceeds €50,000 as of 31 December 2025.
It will also be mandatory to file this return in subsequent years where:
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The total value has increased by more than €20,000; or
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The previously declared ownership has been terminated.
In view of the broad scope of persons required to report (including beneficial owners and co-holders), we recommend reviewing each specific situation carefully.
Should you require any clarification or wish us to review your particular circumstances and prepare the corresponding return, please do not hesitate to contact us.
Yours faithfully,
GRUPO JDA