{"id":3883,"date":"2021-07-19T16:30:15","date_gmt":"2021-07-19T15:30:15","guid":{"rendered":"http:\/\/www.btsasociados.com\/?p=3883"},"modified":"2021-07-19T16:30:16","modified_gmt":"2021-07-19T15:30:16","slug":"the-report-of-the-draft-law-for-the-promotion-of-the-ecosystem-of-emerging-companies-is-approved-startups-law","status":"publish","type":"post","link":"https:\/\/www.btsasociados.com\/en\/the-report-of-the-draft-law-for-the-promotion-of-the-ecosystem-of-emerging-companies-is-approved-startups-law\/","title":{"rendered":"The Report of the Draft Law for the promotion of the ecosystem of emerging companies is approved – STARTUPS LAW"},"content":{"rendered":"\n

The Government has approved the aforementioned Bill that contains a series of measures aimed at promoting the creation and relocation of emerging companies in Spain<\/strong> with the aim of continuing to attract international talent and capital for the development of an entrepreneurial ecosystem with an innovative vocation in our country. .<\/p>\n\n\n\n

1. OBJECTIVE SCOPE<\/p>\n\n\n\n

The norm affects companies – natural or legal person – with the following characteristics:<\/p>\n\n\n\n

  1. Age of the company: it must be newly created or a maximum of 5 years<\/strong> from its constitution, or 7 years in the case of biotechnology, energy or industrial.<\/li><\/ol>\n\n\n\n
    • Independent.<\/li>
    • Have a registered office or permanent establishment in Spain.<\/li>
    • 60% of the workforce must have a contract in Spain.<\/li>
    • Innovative character.<\/li>
    • Not to be quoted.<\/li>
    • Not having distributed dividends.<\/li>
    • Not reaching a turnover of 5 million euros.<\/li>
    • Accredited as such by ENISA.<\/li><\/ul>\n\n\n\n

      2. TAX MEASURES<\/p>\n\n\n\n

      2.1. Corporation Tax and IRNR with EP<\/p>\n\n\n\n

      – Rate: in the first period they obtain a positive base and in the next 3 it will be 15%.<\/p>\n\n\n\n

      – Postponement: of the tax debt of the first 2 self-assessments with positive base for 12 and 6 months, respectively, and with waiver of guarantees.<\/p>\n\n\n\n

      They are exempted from making installment payments in the first 2 years after obtaining positive bases.<\/p>\n\n\n\n

      2.2. Personal income tax<\/p>\n\n\n\n

      – Taxation of stock options for employees is improved<\/strong> , raising the annual exempt minimum for these companies from \u20ac 12,000 to \u20ac 45,000.<\/p>\n\n\n\n

      – The deduction for investment in a new or recently created company is modified by<\/strong> increasing the type of deduction from 30 to 40%, increasing the maximum base from \u20ac 60,000 to \u20ac 100,000 and the time during which a newly created company is considered, which is extended until equating it with the maximum age of an emerging company, going from 3 to 5 years, in general (7 years for certain companies).<\/p>\n\n\n\n

      – Access to the special tax regime for impatriates is improved<\/strong> , reducing, from 10 to 5, the tax periods in which the taxpayer has not been a tax resident in Spain, and extending, from 5 to 10, the years during which they can pay tax by this regimen.<\/p>\n\n\n\n

      In addition, the possibility of opting for the special regime is extended to other members of the family unit of the main impatriate -when the sum of the taxable bases is less than that of the main impatriate-: their spouse or the parent of their children, minor children 25 years old and disabled children, regardless of their age.<\/p>\n\n\n\n

      – Finally, it should be noted that it is not compulsory to obtain the NIE for investors who are not going to reside in Spain<\/strong> , facilitating the electronic application for the NIF, which is a requirement to materialize and document the investment. Identification will be allowed by obtaining only the NIF and, in the case of a foreign entity, provided that the new entity is created through CIRCE, the obtaining of the NIF for the foreign investing entity is allowed by this same system.<\/p>\n","protected":false},"excerpt":{"rendered":"

      The Government has approved the aforementioned Bill that contains a series of measures aimed at promoting the creation and relocation of emerging companies in Spain with the…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[26,17],"acf":[],"_links":{"self":[{"href":"https:\/\/www.btsasociados.com\/en\/wp-json\/wp\/v2\/posts\/3883"}],"collection":[{"href":"https:\/\/www.btsasociados.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.btsasociados.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.btsasociados.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.btsasociados.com\/en\/wp-json\/wp\/v2\/comments?post=3883"}],"version-history":[{"count":0,"href":"https:\/\/www.btsasociados.com\/en\/wp-json\/wp\/v2\/posts\/3883\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.btsasociados.com\/en\/wp-json\/wp\/v2\/media?parent=3883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.btsasociados.com\/en\/wp-json\/wp\/v2\/categories?post=3883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}