🇪🇸 Taxes · Spain
Taxes in Spain
Rates of personal income tax, corporate tax, VAT and other mandatory payments for investors and Spanish tax residents.
Spain taxes residents on their worldwide income and non-residents only on income from Spanish sources. Below are the main rates an investor needs to know.
The main taxes in Spain
Personal income tax is charged on a progressive scale of 19-47%. Tax residents pay it on their worldwide income, non-residents only on income earned in Spain.
Corporate income tax
Companies that are Spanish tax residents pay corporate tax on their worldwide income, foreign companies only on income from Spanish sources. The general rate is 25%. Newly incorporated companies get a reduced rate of 15%.
VAT
The standard VAT rate is 21%. Reduced rates of 10% and 4% apply to certain categories of goods and services.
Social security contributions
Employees pay a social security contribution of 6.35% of their salary.
Property transfer tax
On the purchase of property the rate is 5-11% depending on the region.
Gift and inheritance tax
Rates are progressive, from 7.65% to 34%, and also depend on the region.
We calculate the exact tax burden for your situation - taking your region, income structure and assets into account - on a free consultation.
What matters for an investor
Reduced rate for new companies
Newly incorporated companies pay corporate tax at 15% instead of the standard 25%, which eases the load at the start of a business.
Regional differences
Property transfer tax and gift and inheritance tax rates depend on the region of Spain, so where you register and live affects your final tax bill.
Residence status drives the burden
Tax residents pay tax on worldwide income, non-residents only on Spanish sources. Getting your status right determines how much you pay.
FAQ
What is the personal income tax rate in Spain?
What corporate tax do companies pay in Spain?
What is the VAT rate in Spain?
Do non-residents pay tax on worldwide income?
Don’t want to figure this out alone?
We handle the whole process end to end: we check your documents, match a program to your situation and give you honest timelines and costs. Leave your details and a migration expert will get back to you. The first consultation is free.