10.15.36. By investment in the acquisition of shares or social participations in new or recently created entities

Amount

30% of the amounts invested during the year in the subscription and payment of shares or corporate interests as a result of agreements to establish or increase the capital of public limited companies, limited liability companies and labour companies or of voluntary or compulsory contributions made by partners to cooperative companies with a limit of 6,600 euros.

The deduction may increase by an additional 15%, with a limit of 15,000 euros or 9,900 euros in the case of taxpayers who died before December 30 when, in addition to meeting the requirements indicated below, the entities receiving funds meet any of these conditions:

• They must prove to be innovative small and medium-sized companies for the purposes of Royal Decree 475/2014, of June 13, on bonuses in Social Security contributions for research staff, or be owned by universities or research organizations.

• Have their tax domicile in a municipality at risk of depopulation.

  For a municipality to be considered at risk of depopulation, it must be a beneficiary of the Municipal Cooperation Fund for the fight against depopulation of the municipalities of the Valencian Community in the budget year in which the tax accrues, or in the previous year. The municipalities that give the right to the deduction are those included in the files "Municipalities benefiting from the cooperation fund 2024" and "Municipalities benefiting from the cooperation fund 2025".

• They are classified as Emerging Companies of the Valencian Community. (This assumption will not apply to taxpayers who died before December 30, 2025).

The limits of 6,600 euros and 15,000 or 9,900 euros are independent of each other when they apply to different investments.

In the event that the taxpayer does not have sufficient regional tax to apply all or part of this deduction in the period in which the right to its application is generated, the amount not deducted may be applied in the following three tax periods until its total amount is exhausted, if applicable.

If there are amounts pending application from previous years of this deduction or any other deduction, priority will be given to rights acquired earlier.

Requirements

• The investment cannot be made in shares or interests in an entity through which the same activity is carried out that was previously carried out through another ownership.

• The entity in which the investment is to be made must meet the following requirements:

  1. It must have its registered office and tax domicile in the Valencian Community and maintain it for three years following its incorporation or expansion.

  2. It must carry out an economic activity during the three years following its incorporation or expansion. For this purpose, its main activity does not have to be the management of movable or immovable assets.

  3. It must have, at least, one person employed with a full-time employment contract, registered in the general Social Security system for three years following its establishment or expansion.

  4. If the investment was made through a capital increase or new contributions, the company must have been established within the five years prior to the date of this increase, or within the seven years following said establishment in the case of emerging companies in biotechnology, energy, industrial and other strategic sectors or that have developed their own technology, designed entirely in Spain, referred to in section 1 of article 3 of Law 28/2022, of December 21, on the promotion of the ecosystem of emerging companies.

     However, in the case of taxpayers who died before December 30, 2025, if the investment was made through a capital increase or new contributions, the company must have been incorporated within the three years prior to the date of this increase.

     In any case, it is necessary that, in addition, during the twenty-four months following the date of the start of the corporate tax period in which the investment was made, its average workforce increases by at least one person compared to the average workforce existing in the previous twelve months and that this increase is maintained for an additional period of another twenty-four months.

     To calculate the company's total average workforce and its increase, the number of people employed will be taken into account, in accordance with the terms established by labour legislation, taking into account the contracted working hours in relation to the full working day.

  The requirements contained in numbers 3 and 4 will not be applicable to labor companies or to worker cooperative societies.

• The operations to which the deduction is applicable must be formalized in a public deed, in which the identity of the investors and the amount of the respective investment must be specified. However, in the case of cooperative societies and except in the cases of constitution, it will not be necessary to formalize in a public deed, the subscription and disbursement of the mandatory or voluntary contributions to the share capital made by the members must be justified by a certificate signed by the person holding the secretary of the cooperative, with the approval of the president of the same and with the signatures notarized.

  Legitimation will not be necessary if the certification is digitally signed using a qualified trust service as provided for in Regulation (EU) 910/2014 of the European Parliament and of the Council of 23 July 2014 on electronic identification and trust services for electronic transactions in the internal market. (In the case of taxpayers who died before December 30, 2025, this assumption will not apply, so legitimacy will be necessary in all cases).

  When the same member has made several subscriptions or payments during the year, it will be sufficient to issue a single certificate, which includes all the subscription and payment dates.

• The shares acquired must remain in the taxpayer's assets for a minimum period of three years following the incorporation or expansion.

• The amounts of money that entitle the deduction to be applied will be paid by credit or debit card, bank transfer, personal check or deposit into accounts in credit institutions.

Incompatibility

This deduction is incompatible for the same period and the same entity receiving the contributions with the deduction "For contributions to the own funds of entities"

Completion

It will reflect the amount of the deduction generated in previous years that is pending application due to not having had sufficient quota.

You will enter the amount invested in the year, the NIF of the entity and if the investment is made in companies that give the right to the increase of the deduction, you will mark the box enabled for this purpose.

The program will transfer the data to Annex B.11 of the declaration.