Spain: “Start-ups law” adopted
Notable tax-related developments for investors, entrepreneurs, inbound expatriates and venture capital managers
Notable tax-related developments for investors, entrepreneurs, inbound expatriates and ven
Law 28/2022 of 21 December 2022, to Promote the Start-up Ecosystem (widely known as the “Start-ups law”) was published in the official gazette on 22 December 2022.
The Start-ups Law provides for a set of tax incentives aimed at attracting talent and investment to these kinds of companies. It also ushers in other relevant tax measures intended, on the one hand, to incentivize the establishment in Spain of non-resident workers and entrepreneurs and, on the other, to attract investment by venture capital companies.
The law becomes effective 23 December 2022 (the day after its publication in the official gazette) with its main tax-related provisions taking effect 1 January 2023.
Read a December 2022 report [PDF 541 KB] prepared by the KPMG member firm in Spain that summarizes the most notable tax-related developments for investors, entrepreneurs, inbound expatriates and venture capital managers
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