Modelo 720: Assets and rights held abroad
Modelo 720: Assets and rights held abroad is filed with Agencia Tributaria — modelo 720. With Managora you do it 100% online: you answer a few questions, sign a digital mandato (power of representation) and we draft, sign and file your application for you. Estimated total cost: €80 to €80.
We file your annual informative declaration on assets and rights located abroad (accounts, securities/insurance/annuities, real estate). We automatically detect whether you are obliged based on the 50.000 € threshold per block and, if you declared before, we check the increase of >20.000 € that triggers the obligation to re-file. Deadline: 1 Jan to 31 Mar of the following year.
- Estimated total cost
- €80 to €80
- Managora's fee
- €96.80 (21% VAT incl.)
- Tasa (official government fee)
- No tasa payable
- Processing time
- 1 January to 31 March of the year following the tax year (Orden HAP/72/2013).
- Where it is filed
- Agencia Tributaria — modelo 720 ↗
- What you receive
- Application
Cost breakdown: Our fee 80 €. The Modelo 720 is informative: it does not generate any amount to pay or any tasa (official fee). Fixed total cost..
Modelo 720: Assets and rights held abroad: how is it filed?
- 1Answer the chat questions (~10 minutes).
- 2We automatically detect whether you are obliged based on the thresholds per block and, if you declared before, we check the increase of >20.000 € that reactivates the obligation.
- 3Payment of 80 €.
- 4Sign the mandate from your mobile.
- 5We file the Modelo 720 telematically at the AEAT (Spanish Tax Agency) online portal with your certificate / Cl@ve (Spanish government online identity system). We check consistency with your IRPF (personal income tax) and IP (wealth tax) to avoid cross-checks and adjustments.
- 6You receive the stamped copy with the CSV (secure verification code) of the filing.
Which documents do you need?
- •Certificate of balances as at 31 December and average balance of the 4th quarter for each account held abroad.
- •Statements from the broker or securities management entity showing the price as at 31 December.
- •Insurance and annuity policies with surrender value / capital paid up.
- •Deed of acquisition of the properties held abroad (acquisition value).
- •Certificate of tax residence (if applicable).
- •If re-filing: copy of the last Modelo 720 filed.
Legal basis and things to bear in mind
- Nature: INFORMATIVE declaration (no amount to pay). 3 blocks with independent thresholds of 50.000 € (accounts, securities/insurance/annuities, real estate).
- Accounts: the threshold applies to the balance as at 31 December OR to the average balance of the last quarter (whichever is higher).
- Re-filing: only obliged if in later years the total of any block INCREASES by >20.000 € compared with the last declaration, or if you no longer hold an asset that was previously declared.
- Deadline: 1 January to 31 March of the year following the tax year. No extension possible.
- Penalty regime AFTER Ley 5/2022 (following STJUE C-788/19): the ordinary LGT (General Tax Act) regime applies (~150-200 € per omitted item). The 150 % regime on the value of the asset and the non-time-barring rule NO LONGER apply.
- Subjects: residents in Spanish territory (individuals and legal entities), permanent establishments and estates pending distribution.
- Coordinate with IRPF (foreign capital income) and Impuesto sobre el Patrimonio (wealth tax) where applicable to avoid cross-checks and adjustments.
Modelo 720: Assets and rights held abroad: frequently asked questions
Modelo 720: Assets and rights held abroad: how much does it cost?
The estimated total cost (our fee + official tasas and taxes) is €80 to €80: Our fee 80 €. The Modelo 720 is informative: it does not generate any amount to pay or any tasa (official fee). Fixed total cost.. Managora's fee is €96.80, 21% VAT included (€80.00 net + €16.80 VAT). This procedure carries no official tasa.
Modelo 720: Assets and rights held abroad: how long does it take?
1 January to 31 March of the year following the tax year (Orden HAP/72/2013).
Modelo 720: Assets and rights held abroad: which documents do I need?
You need to have to hand: Certificate of balances as at 31 December and average balance of the 4th quarter for each account held abroad., Statements from the broker or securities management entity showing the price as at 31 December., Insurance and annuity policies with surrender value / capital paid up., Deed of acquisition of the properties held abroad (acquisition value)., Certificate of tax residence (if applicable)., If re-filing: copy of the last Modelo 720 filed.. You do not upload them here: we collect the details through the guided chat.
Who files the procedure?
Managora files it in your name with Agencia Tributaria — modelo 720. You only provide the details through the chat and sign a mandato (power of representation); we prepare, sign and register it.
Can it be done online?
Yes. The whole process is online: you answer a few questions in the guided chat, sign a simple mandato on screen and receive the receipt and the official documents by email, with full legal validity.
Related procedures
- Registering as self-employed (Hacienda, the Spanish tax authority, and Seguridad Social)
- Baja como autónomo (Hacienda + RETA) (deregistration as a self-employed worker)
- Deferral of a Seguridad Social (Social Security) debt (LGSS art. 23 plus RD 1415/2004)
- Deferral or instalment plan for a debt with the AEAT (Spanish Tax Agency) (art. 65 LGT)
- Application for a refund of amounts wrongly paid (devolución de ingresos indebidos) (LGT art. 221 + RD 520/2005)
- Tarifa Plana for the self-employed: application for the reduced flat-rate contribution
Based on the legislation in force and on the official site of the competent authority: Agencia Tributaria — modelo 720 ↗.
Shall we get started with «Modelo 720: Assets and rights held abroad»?
We file it for you, from start to finish.
Start now →