Working in Spain for a corporation in Sri Lanka

By Mark 04 April 2022

Can I work remotely for a company in Sri Lanka while being in Spain?

It is usually doable, but we recommand to check the following key points first:

  1. The company you are working for is registered in Sri Lanka. If it is not, you will need to be registered as a Sri Lankan citizen.
  2. You are not a resident of Sri Lanka. If you are not a resident of Sri Lanka, you will need to have a work permit to work in Sri Lanka.
  3. You are not a citizen of Sri Lanka. If you are not a citizen of Sri Lanka, you will need a work permit to work in Sri Lanka.
  4. You are not a citizen of any other country. If you are not a citizen of any other country, you will need a work permit to work in Sri Lanka.
  5. You have no other work permit. If you have any other work permit, you will need to apply for a new work permit to work in Sri Lanka.
  6. You are not a national of any other country. If you are not a national of any other country, you will need a work permit to work in Sri Lanka.
  7. You are not a national of any other country and you are not a citizen of Sri Lanka. If you are not a national of any other country and you are not a citizen of Sri Lanka, you will need a work permit to work in Sri Lanka.

How to live in Spain and find remote work in Sri Lanka?

Finding remote work in Sri Lanka if you are located in Spain might be difficult, therefore we recommend you to consider a move to Sri Lanka.

The country is known for its beautiful beaches, warm weather and friendly people. If you are a digital nomad, you can find remote work in Sri Lanka and live in Spain.
Sri Lanka is a tropical island nation in the Indian Ocean. It is located off the southern tip of the Indian subcontinent and is bordered by India to the north, the Maldives to the east, the Laccadives Sea to the south and the Andaman Sea to the west.
The country has a population of about 21.4 million people and is the second most populous island in the Indian Ocean.
The country is a popular tourist destination, especially for backpackers and divers.
Sri Lanka is a popular tourist destination, especially for backpackers and divers.

How a company in Sri Lanka can send my salary in Spain?

When working remotely for a corporation in Sri Lanka, you salary can be send to Spain but it will be held in a bank account in Spain.

If you are a Sri Lankan citizen, you can apply for a visa to Spain to work in Spain. If you are a foreigner, you can apply for a work permit to Spain to work in Spain. If you have a Spanish company, you can apply for a residence permit to Spain to work in Spain.

A company in Sri Lanka can send your salary in Spain, but it will be held in a bank account in Spain.

Where to pay my taxes when working remotely in Spain for a company in Sri Lanka?

If you are working remotely in Spain for a corporation established in Sri Lanka, taxes could seem complicated but in fact it is not.

The Spanish tax system is based on the principle of double taxation, so the taxes paid in the country of residence and in the country of incorporation of the company are the same. However, in Spain, there are some differences in the tax rates and exemptions.
In this article we will explain the different types of taxes that you must pay when working remotely in Spain for a company in Sri Lanka.
Types of taxes
In Spain, there are four types of taxes:
Value added tax (IVA). This is a tax on the value added in the country.
Corporate income tax (IC). This is a tax on the income of the company.
Income tax (IRPF). This is a tax on the income of the individual.
Social security (AFS). This is a tax on the earnings of the company, based on the number of employees.
Value added tax (IVA)
The value added tax is a tax on the value added in the country. In Spain, the tax rate is 21%.