Frequently asked questions about form 196 (fiscal year 2026 and subsequent years)

The criterion for determining whether an entity is required to submit the declaration is whether the entity is registered with the Bank of Spain as an entity authorized to operate in the Freedom to Provide Services or in the Register of the European Banking Authority (EBA).

form 196 must include all accounts that meet the following conditions:

1. The accounts are opened in entities that operate in Spain in LPS.

2. These are accounts whose holder, bare owner or beneficiary is resident in Spanish territory or a permanent establishment in Spanish territory of a non-resident.

3. The accounts have been opened to a holder or in favor of a beneficiary, resident in Spanish territory, or for a permanent establishment in Spanish territory of a non-resident, in the development of the activity carried out under the LPS regime through which the entity operates in Spanish territory in accordance with the applicable financial legislation.

To determine the residence of its clients, the entity may use the due diligence procedures of CRS/DAC2, those derived from anti-money laundering obligations or any other regulations that may be applicable to them.

No, the type of accounts to be reported is that included in key L8 of Annex I of Order HAC747/2025, of June 27 (BOE of July 15).

The submission may be made by the taxpayer, an authorized representative or a social collaborator, who must have a recognized electronic certificate.

Applications that send information to web services must authenticate with the client's electronic certificate or qualified seal certificate.