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Practical Handbook for Companies 2021

Persons not obliged to make payments by instalments

They are not obliged to make instalment payments:

  • Entities whose net turnover does not exceed 6 million euros during the twelve months prior to the date on which the tax period to which the instalment payment corresponds begins, in the cases in which, in accordance with the rules governing the instalment payments on account of Corporate Income Tax or Non-Resident Income Tax, no payment must be made as an instalment payment of the aforementioned taxes in the corresponding period.(Article 1 of Order HFP/227/2017 of 13 March).

  • The Spanish economic interest groupings and temporary joint ventures under the special regime of Chapter II of Title VII of the LIS, in which the percentage of participation in the same, in its entirety, corresponds to partners or members resident in Spanish territory.(Article 1 of Order HFP/227/2017 of 13 March).

  • The entities referred to in sections 4 and 5 of Article 29 of the LIS (which are taxed at 1 per cent and 0 per cent, respectively), in accordance with Article 40.1 of the LIS.

  • The new limited companies are not obliged to make the instalment payments on account of the settlements corresponding to the first two tax periods concluded since their incorporation, in accordance with the provisions of the sixth additional provision of the revised text of the Capital Companies Act, approved by Royal Legislative Decree 1/2010, of 2 July.