Deduction for investment in companies of new or recent creation
Regulations: Articles 68.1 and Thirty-eighth Additional Provision.2 Law IRPF
The deduction for investment in new or recently created companies is introduced in the IRPF with the aim of encouraging companies, whether new or recently created, to raise equity from taxpayers who, in addition to financial capital, wish to contribute their business or professional knowledge to the development of the company in which they invest (local investor or "business angel"), or also from those taxpayers who are only interested in providing capital (seed capital).
The highlights of this deduction are as follows: