Special system of the group of entities

What is a group of companies?

A group of companies is considered that which is formed of a parent company and its subsidiary companies, provided that the seats of economic activity or permanent establishments for each of these companies is located in the tax's territory of application (Peninsula or Balearic Islands).

As of 1 January 2015, companies must be firmly bound to one another in their financial, economic and organisational order, however a temporary regime has been established that allows existing groups to adapt to the new requirements throughout 2015.

No business or professional can simultaneously form part of more than one group of companies.