Spain Private limited company (SL) tax calculator 2026
A Spanish Sociedad Limitada (SL) pays corporate income tax (Impuesto sobre Sociedades) at the standard 25% rate on its taxable profit in 2026. Newly created companies pay a reduced 15% in the first two years that they report a profit. Dividends paid out to shareholders are then subject to a 19% withholding.
This calculator estimates the corporate income tax a Spanish private limited company (SL) owes on its annual profit, plus the withholding due when profits are distributed to shareholders as dividends.
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Result
Spain Private limited company (SL) tax rates 2026
| Band or item | Rate |
|---|---|
| Impuesto sobre Sociedades | 25% |
| Dividend tax (on distribution) | 19% |
Source: taxsummaries.pwc.com
How is corporate tax calculated for a Spanish SL?
A Sociedad Limitada is taxed as a separate legal person under the Impuesto sobre Sociedades. Tax is charged on the company's taxable profit, which is its accounting result adjusted for non-deductible expenses and other fiscal corrections set by the Agencia Estatal de Administración Tributaria (AEAT).
The standard rate is 25%. This single flat rate applies to the whole taxable base, so a profitable SL multiplies its adjusted profit by 25% to reach the tax due before credits and prepayments. Reduced rates apply to newly formed companies and to micro-enterprises, described below.
Reduced rates for new and small companies
A newly created SL benefits from a lower 15% rate. This reduced rate applies in the first tax period in which the company obtains a positive taxable base and in the following period, giving new businesses two profitable years at 15% before the standard 25% applies.
Companies with a very small turnover (broadly under €1 million) also fall under reduced corporate rules, so the effective rate for a micro-SL can sit below the 25% headline figure. The standard 25% rate remains the reference for established, ordinary-sized companies.
Dividends and the second layer of tax
Corporate tax is only the first layer. When the SL distributes its after-tax profit to individual shareholders as dividends, a 19% withholding applies. For a resident individual, dividends form part of the savings income base, which is taxed progressively starting at 19%, so the 19% withheld is the entry rate on distributed profit.
This means retained profits are taxed once at the corporate level, while profits paid out to owners carry both the corporate charge and the 19% dividend layer.
Worked example
Suppose an established SL reports a taxable profit of €100,000 in 2026. At the standard 25% rate the corporate tax is €25,000, leaving €75,000 of after-tax profit.
If the company then distributes the full €75,000 to a shareholder, the 19% dividend withholding is €14,250, so the shareholder receives €60,750 in hand. A brand-new SL in one of its first two profitable years would instead pay 15% on the €100,000 profit, or €15,000, keeping €85,000 before any distribution.
Frequently asked questions
What is the corporate tax rate for a Spanish SL in 2026?
The standard corporate income tax (Impuesto sobre Sociedades) rate for a Spanish SL is 25% on taxable profit.How much tax does a new Spanish company pay?
A newly created SL pays a reduced 15% corporate tax rate in the first tax period it reports a profit and in the following period, before moving to the standard 25%.How are dividends from an SL taxed in Spain?
Dividends distributed by an SL are subject to a 19% withholding; for resident individuals they form part of the savings income base, which begins at 19%.How much corporate tax on €100,000 profit for an SL?
At the standard 25% rate, an SL owes €25,000 on €100,000 of taxable profit, leaving €75,000 after corporate tax.Do small Spanish companies pay less corporate tax?
Yes. Beyond the 15% new-company rate, micro-enterprises with turnover broadly under €1 million fall under reduced corporate rules, so their effective rate can be below the standard 25%.What is the total tax if an SL pays out all its profit?
Profit paid out is taxed twice: 25% corporate tax, then 19% dividend withholding on the remainder. On €100,000 profit that is €25,000 plus €14,250, leaving the shareholder €60,750.Official sources
- Agencia Estatal de Administración Tributaria (AEAT) — Corporate & personal income tax