Taxes for a new SL in 2026
One of the advantages of creating an SL in Spain is the reduced Corporation Tax rate for newly created companies. Instead of the general 25%, you pay only 15% during the first two financial years with a positive tax base.
Who can apply the 15%?
All newly created SLs, as long as the activity was not previously carried out by a related person and the company is not a holding company.
Other tax advantages for new SLs
- Free depreciation: companies with turnover under €10 million can freely depreciate new assets.
- Capitalisation reserve: if you retain profits, you can reduce the tax base by 10% of the retained amount.
- Broad deductible expenses: rent, utilities, vehicle (with limits), per diems, insurance, training, digital marketing.
Set up your SL in 48-72 hours with Notaría Online. From €395 + VAT.