AGEM has a team of professionals specialising in the education sector, which works closely with other departments in the firm and provides a comprehensive service to clients who ask for advice.

Specifically, our experience includes:

  • Audit of annual accounts and review of financial statements of educational institutions of a different legal nature (educational institutions without independent legal status and owned by religious entities, civil foundations, canonical foundations, etc.)
  • Advice on accounting matters and application of specific sectoral adaptations (general accounting plan for non-profit making entities), together with the preparation of financial statements on different dates to those of the year end close, to be used for decision-making by different organs (management, parents associations, owners of educational institutions), etc.
  • Comprehensive tax advice to entities in the sector: tax regime for not-for-profit organisations and tax incentives for patronage, agreement between the Spanish state and the Holy See on economic affairs, etc.
  • Commercial advice: constitution of entities in the sector, formalisation of property transfer agreements, proceedings before competent bodies (Department of Education of the Basque Government), etc.