2.7.1.7 Foreign securities holding entity

This key will be set by those entities that adhere to the regime of foreign securities holding entities regulated in Chapter XIII of Title VII of the Corporate Tax Law.

Entities whose corporate purpose includes the activity of management and administration of securities representing the equity of entities not resident in Spanish territory, through the corresponding organization of material and personal resources, may benefit from this regime.

The securities or shares representing participation in the capital of the foreign securities holding entity must be registered.

The option for the regime of entities holding foreign securities must be communicated to the State Tax Administration Agency. The regime will apply to the tax period that ends after said communication and to the successive periods that end before the State Tax Administration Agency is notified of the renunciation of the regime.

Entities subject to the special regimes for Spanish and European economic interest groups and temporary business associations and entities whose main activity is the management of movable or immovable assets under the terms established in section 2 of article 5 of the LIS cannot benefit from this regime.