Check list of documentation. Modelo 720 and 721

This is the basic and mandatory information that we need to be able to prepare your Model 720. (Modelo 721 below)

Modelo 720 is an informative, NON-TAXABLE, statement of the assets abroad, owned by all residents in Spain, and that exceed €50,000 in any of the three blocks, in a first-time report; who have had the value of the block increased by €20,000 in subsequent declarations; or that they have closed any of the assets already declared on previous occasions.

Make sure you have uploaded all the information that appears on this page to your Clients Area. Please, fill in the Excel file “Model 720 Client’s data 2024” that we have prepared and that can be downloaded from Modelo 720 Clients data 2024.  Please, if we already have any documentation from this list from previous years, do not upload it again. Thank you!

1. Full name and date of birth of the taxpayer and spouse. Copy in pdf of the DNI / NIE not expired.
2. Copy of the last 720 submitted, in pdf.
3. Copy of the “Model 720 Client’s data 2024.xls” or, failing that, a document containing the following information, of the three blocks:
   1. Block 1: All bank accounts opened abroad must be declared, with the following information:
      1. Full name of the entity / bank.
      2. Address of the entity – address, town, province, postal code and country.
      3. Account type: checking, savings, deposit, etc.
      4. Account number.
      5. BIC or SWIFT of the bank.
      6. Bank’s tax identification number.
      7. Full name and NIF / NIE of the owner or owners, % of ownership.
      8. Account opening date and, where appropriate, the closing date.
      9. Balance as of December 31 and average balance for the 4th quarter.
   2. Block 2: All actions, bonds, share capital, mutual funds, equity funds of collective investments, trust, life insurance, pensions, annuities, etc. must be declared:
      1. Entity’s full name
      2. Address of the entity – address, town, province, postal code and country.
      3. Number of stocks, bonds, etc.
      4. ISIN number.
      5. Tax identification number of the entity.
      6. Full name and NIF / NIE of the owner or owners, % of ownership.
      7. Date of purchase and, where appropriate, date of sale of the assets.
      8. Value as of December 31 or on the sale date.
   3. Block 3: All real estate properties located abroad must be declared:
      1. Full address of the property.
      2. Property type, urban, rural
      3. % of ownership / type of ownership
      4. Full name and NIF / NIE of the owner or owners, % of ownership.
      5. Value as of December 31 or acquisition value and in the case of its sale.
      6. Acquisition date and sale date, if applicable.

This is the basic and mandatory information that we need to be able to prepare your Model 721.

Modelo 721 is an informative, NON-TAXABLE, statement of the assets abroad, owned by all residents in Spain, and that exceed €50,000 in any of the three blocks, in a first-time report; who have had the value of the block increased by €20,000 in subsequent declarations; or that they have closed any of the assets already declared on previous occasions.

Make sure you have uploaded all the information that appears on this page to your Clients Area. Please, fill in the Excel file “Model 721 Client’s data 2024” that we have prepared and that can be downloaded from Modelo 721 Clients data 2024.  Please, if we already have any documentation from this list from previous years, do not upload it again. Thank you!

1. Full name and date of birth of the taxpayer and spouse. Copy in pdf of the DNI / NIE not expired.
2. Copy of the last 721 submitted, in pdf.
3. Copy of the “Model 721 Client’s data 2024.xls” or, failing that, a document containing the following information:
   1. The name and last name or the company name, tax identification number of the country of tax residence of the person or entity that provides services to safeguard private cryptographic keys on behalf of third parties, to maintain, store and transfer the virtual currencies, as well as its home address and website address.
   2. The complete identification of each type of virtual currency.
   3. The balances of each type of virtual coin at date December 31st expressed in virtual currency units, and their valuation in euros.
   4. If the condition of being obliged to declare had expired before December 31st, then the information to be provided will be based on the date the extinction occurred.