The corporation tax may be reduced in the following circumstances:

  • 2% if the accounting equity is positive and the accounting own capital is at least equal to half of the subscribed share capital;
  • If the company registers an annual increase of the adjusted own capital of the year for which the tax is due compared to the capital registered in the previous year and simultaneously fulfills the condition previously provided, the reductions are:
Tax reduction percentage Annual growth intervals of adjusted equity
5% Up to 5% inclusive
6% Over 5% and up to 10% inclusive
7% Over 10% and up to 15% inclusive
8% Over 15% and up to 20% inclusive
9% Over 20% and up to 25% inclusive
10% Over 25%
  • 3% if it registers an increase over the level provided in the following table regarding the adjusted equity of the year the tax is due compared to the adjusted equity registered in 2020.
The year for which he owes the tax Minimum adjusted equity increase percentage
2022 5%
2023 10%
2024 15%
2025 20%

During the application of the mentioned provisions, the deadlines to submit the returns and to pay the tax are June 25 of the following year.