In compliance with Directive 2013/34/EU to introduce public Country-by-Country Reporting (EUPCbCR) requirements, Hays is required to publish a Country-by-Country Report annually. The directive mandates that multinational enterprises with consolidated revenues exceeding €750 million disclose key financial and tax-related information for each EU Member State and specified non-cooperative jurisdictions.
This report provides insight into the Group’s global footprint, including revenue, profit before tax, income tax accrued and paid, number of employees, and nature of activities in each relevant jurisdiction. Through this transparency, we reaffirm our commitment to responsible tax practices, compliance with applicable laws, and our positive contribution to the communities and economies in which we operate.
Spain
In compliance with the EU Directive, Spain has transposed this Directive through Law 28/2022, of 21 December 2022, effective for fiscal years starting on or after 22 June 2024, and into Additional Provision 11 of the Auditing of Accounts Act (Law 22/2015).
The report is published on behalf of Hays Business Services SL to meet the public Country by Country Reporting requirements as required in Spain by the Eleventh Additional Provision (“11th AP”) of Law 22/2015. It is anticipated that this publication will be superseded by the publication of a full Hays Plc EU Country by Country Report on income tax information. Publication of the Spanish only data is provided initially due to the accelerated 6-month reporting timetable in Spain. The information to prepare a full Country by Country Report on income tax was not made available to Hays Business Services SL within this accelerated timeframe as the preparation, review, and approval process for the full Hays Plc EU Country by Country Report is aligned with the standard 12-month reporting timetable set out in the Directive.
The Spanish Country-by-Country Report is available here:
This report is prepared in accordance with the EU Directive and its transposition in Spain via Law 28/2022 and the Auditing of Accounts Act. It is intended solely to enhance transparency regarding the Group’s tax position and economic activity. It should not be used as a basis for investment decisions or regarded as a comprehensive representation of the Group’s financial performance. Certain figures are presented on a simplified basis and may not be directly comparable to consolidated financial statements prepared under IFRS or other accounting standards.