Confianz

Etiqueta: fiscalidad empresarial

  • What is a large company for tax purposes in 2025

    The Tax Agency has drawn a clear line: any company with an annual turnover exceeding €6,010,121.04 is considered a large company. This figure is not calculated on the basis of profits or net income, but on total turnover. And the change in status is immediate: if you exceed this threshold this year, you will be a large company next year.

    This volume is calculated by adding up all deliveries of goods and services provided, including those exempt from VAT. Tax payments and occasional transactions such as the sale of real estate or assets are not included. Financial transactions and certain agricultural or livestock activities that are taxed under special regimes are also not counted.

    Crossing this threshold changes a lot. It is not just a matter of invoicing more. From then on, the tax authorities expect a different way of operating. Failure to adapt can lead to penalties, management errors or even liquidity problems.

    What it means to be a large company in tax terms

    Once your company is considered a large company for tax purposes, everything changes: deadlines, how to file returns, your relationship with the administration… It’s a leap in level. These are the main consequences:

    • Monthly returns. It is no longer enough to file them quarterly. VAT (form 303) and withholdings (forms 111 and 115) must be submitted every month.
    • Mandatory SII. Immediate information provision requires keeping VAT records electronically, sending invoice data to the tax authorities almost in real time.
    • Electronic notifications. All official communications are made electronically. The company must have a digital certificate and pay attention to notifications.
    • Installment payments other than corporation tax. The system provided for in Article 40.3 of the Corporation Tax Act applies, which requires payments to be calculated on the basis of actual results for the financial year.

    In addition, many self-assessments must be submitted exclusively electronically, including forms as diverse as 200, 232, 349 and 720, among others. The list is long and leaves no room for error.

    Managing all this requires more than just technical resources. It requires solid tax organisation, cash flow forecasting and experienced teams. It is not uncommon for growing companies to find themselves overwhelmed after changing status.

    How to prepare to become a large company

    The best way to deal with the status of Large Enterprise for tax purposes is to anticipate it. If your company is approaching the threshold, it is advisable to carry out an internal tax review. What systems do you have in place to control invoicing? How is the accounting done? Are you prepared to file monthly returns without errors?

    An essential step is to digitise your processes. The use of accounting software adapted to the SII is no longer optional. You must also ensure that you have a valid electronic certificate and that your finance team is aware of the new deadlines.

    Another key point is cash flow. Filing and paying monthly can affect liquidity. Adjusting collection and payment schedules or planning corporate tax instalments well is vital to avoid financial stress.

    At Confianz, we help many companies that have taken this leap. We know that the problem is not only technical: it is organisational and strategic. That is why we not only comply, but also help you gain efficiency, avoid penalties and maintain control even when the tax pressure intensifies.

    Becoming a large company for tax purposes is much more than a change of category. It is a complete transformation in the way you interact with the tax authorities. Knowing what this entails, anticipating it and having a good tax strategy is what makes the difference between a company that adapts and one that struggles.

    At Confianz, we not only know the regulations, we also understand the reality of growing businesses. If you are close to the large company threshold, we can help you make the leap with confidence. Let’s talk.

  • Corporate Tax 2025: key strategic points

    Corporate tax 2025 has become the procedure that determines the competitive advantage of Spanish companies. Those who master its new rates, deductions and obligations will gain margin, cash flow and peace of mind. However, the reform brings nuances that cannot be summed up in a simple headline. That is why we break down the essentials here, with a practical approach.

    New corporate tax rates for 2025

    The general rate remains at 25%, but everything below that has changed.

    Micro-SMEs with a turnover of less than one million will be taxed at 21% on the first €50,000 of taxable income. For the rest, a rate of 22% applies, two points less than in 2024.

    Medium-sized SMEs will see an intermediate step with a rate of 24%, while small entities will move to 20%.

    Start-ups and newly created companies will maintain the 15% rate for the first four years of profitability, a key respite for early liquidity.

    Meanwhile, the minimum rate of 15% for groups with sales exceeding twenty million remains in force. It is advisable to review deferred adjustments so as not to lose deductions.

    The reduction for micro-SMEs will not stop in 2025. The government plans annual reductions until the first tranche reaches 17% and the rest 20% in 2027. Therefore, bringing forward profits to this financial year may be advantageous.

    Consolidated tax groups must calculate their minimum tax on the sum of individual tax payments. It does not apply to the consolidated result, which may increase the tax if there are companies operating at a loss.

    Corporate tax deductions and incentives

    The deduction for R&D&I carries more weight than ever. It now covers the purchase of intangible assets developed by third parties, provided that the project has a report from the Ministry of Science. The Supreme Court has confirmed that this report is binding on the tax authorities and guarantees deductibility.

    Green projects receive further support. The freedom to amortise renewable self-consumption installations up to five hundred thousand euros is maintained. In addition, accelerated amortisation is introduced for electric vehicles and charging points.

    The capitalisation reserve is being strengthened. The reduction is now 20% of the increase in equity. It even reaches 30% if the average workforce grows by more than 10%.

    Finally, the deduction for donations is increased from 35% to 40%. Ticking the ‘Solidarity Company’ box costs taxpayers nothing and multiplies the social impact.

    The digital revolution also reaches corporate tax in 2025. A ten per cent tax credit is created for expenditure on advanced data analysis and cybersecurity software. This incentive is compatible with the innovation deduction and can be combined with accelerated depreciation of hardware.

    The limitation on financial expenses remains anchored at 30% of EBITDA, but is relaxed for certified green infrastructure projects. In these cases, an additional threshold of five million is allowed, which, when calculated correctly, reduces the tax base without altering the debt ratio.

    Formal obligations and strategy

    The 2025 corporation tax return must be filed between 1 and 25 July, or 22 July if you pay by direct debit. Form 200 includes a section on beneficial ownership that requires the identification of the individuals who control the company.

    Corrective self-assessments simplify the correction of errors. Simply submit a new Form 200 and calculate the interest yourself without waiting for a request.

    In compensation for negative bases, the old brackets reappear. The general limit of 70% drops to 50% between twenty and sixty million in income and to 25% above that amount.

    The 2025 corporation tax rewards early action. Those who combine smart investment with compliance control obtain real reductions and reduce risks.

    Remember that the 2025 corporation tax interacts with the minimum supplementary tax approved by the OECD, which will be settled in 2026. Anticipating accounting adjustments this year will ease the global double tax burden of Pillar Two.

    Request a free meeting with one of our specialists.

  • A holding structure for SMEs is desirable

    What is a holding structure?

    More and more SMEs are considering transforming their business structure into a holding company to take advantage of the many tax and organisational advantages it offers. A holding company is a grouping of companies where a parent company owns the majority or all of the shares of other companies, with the aim of running and managing the business group in a unified manner.

    This structure is not only valid for large corporations, but is also beneficial for small and medium-sized companies seeking to optimise their management and taxation.

    A holding structure consists of a parent company that controls and manages the shareholdings of several subsidiaries. The holding company is usually not directly involved in the day-to-day operations of the subsidiaries, but focuses on the strategic and financial management of the whole. This configuration allows for a centralisation of decisions and better coordination between the different business units.

    Advantages of a holding structure 

    Implementing a holding structure can offer multiple benefits to SMEs, including the following:

    1. Tax optimisation: Holding companies can benefit from the tax consolidation regime, which allows the losses of some subsidiaries to be offset against the profits of others, reducing the overall tax burden of the group.
    2. Wealth protection: By separating assets into different companies, the risk of financial problems in one subsidiary affecting the rest of the group is limited, thus protecting the overall wealth.
    3. Operational efficiency: Centralising functions such as human resources, finance or marketing in the holding company generates economies of scale and synergies that improve efficiency and reduce costs.
    4. Ease of diversification: A holding structure facilitates the acquisition or creation of new subsidiaries in different sectors or markets, allowing the company to diversify its activities and reduce risks associated with a single business.
    5. Simplifying business succession: In family businesses, a holding company facilitates the transfer of ownership and control to the next generation, ensuring business continuity.
    6. Access to more favourable financing: A holding structure allows for better financial planning and makes it easier to obtain financing on more advantageous terms by consolidating the group’s results.
    7. Greater operational flexibility: If one company within the group has financial difficulties, more agile strategic decisions can be made without compromising the whole group.
    8. Reducing the tax burden on the transfer of assets: When a holding company sells a subsidiary, in many jurisdictions it can benefit from tax exemptions on the capital gains realised.
    9. Ease of international expansion: Holding companies make it possible to structure expansion to other countries more efficiently, avoiding double taxation and adapting to local legislation.

    Disadvantages of a holding structure 

    Despite the advantages, it is important to consider the potential disadvantages of adopting a holding structure:

    1. Administrative complexity: Managing multiple companies implies an increased administrative burden and the need to comply with various legal and fiscal obligations.
    2. Additional costs: The creation and maintenance of a holding structure entails expenses for legal, accounting and tax advice, as well as possible costs for auditing and filing consolidated accounts.
    3. Loss of corporate identity: By centralising management, there is a risk that subsidiaries lose their autonomy and corporate culture, which can affect employee motivation and customer perception.
    4. Monopoly risk: If the holding company acquires a dominant position in the market, it could face legal problems related to competition and antitrust regulations.
    5. Difficulties in decision-making: While centralisation of management is an advantage in many respects, it can lead to internal conflicts when strategic decisions do not coincide with the interests of each subsidiary.
    6. Double taxation risk: Depending on the country, the distribution of profits between the parent company and its subsidiaries could be subject to double taxation if not properly structured.
    7. Increased tax scrutiny: Tax authorities often pay particular attention to holding structures, so a well-planned tax strategy is crucial to avoid penalties.

    Is a holding structure advisable for your SME?

    The decision to adopt a holding structure should be based on a detailed analysis of the company’s needs and objectives. Not all SMEs require this transformation, but those seeking to optimise their tax burden, improve their operational capacity and protect their assets can benefit significantly.

    Expert advice is essential to properly structure the holding company, ensuring that all tax regulations are complied with and associated risks are minimised.

    If you are considering this option, contact us and we will advise you every step of the way, as we have already done with more than 400 companies in Spain.