Basic tax guide: Your company's first year

Have you just signed the deed of incorporation of your S.L. (Spanish limited company) and don't know what comes next? How much corporate income tax will your company pay, which books have to be legalised and when are the accounts filed? This guide explains it in plain language, with one example from start to finish: the first year of a small S.L., from the deed to the tax return in July.

What it includes

• 📄 6-page PDF guide (A4), from the ‘Basics’ series.
• 📊 ‘My company's first year’ spreadsheet (3 tabs): enter the date of the deed and of the year-end and you get every deadline of the first year; plus a corporate income tax calculator for the first financial year.
• 🇪🇸 Also in Spanish. The PDF and the spreadsheet, in English and in Spanish, in the same download.

What you will find

• The provisional and the definitive tax ID number, and registering with the Tax Agency on modelo 036 (tax registration form).
• Corporate income tax: the 15% rate for newly created companies (and when you don't count as one), and each year's rates, up to the final ones, for companies with a turnover below €1 million and below €10 million.
• Modelo 200 (corporate income tax return) in July, and why there are no instalment payments (modelo 202) in the first year.
• VAT and withholdings each quarter, in brief.
• The books: the journal, the inventory and annual accounts book, the minutes book and the register of shareholders, and legalising them online within 4 months of the year-end.
• The annual accounts: drawing them up, approving them at the general meeting, filing them, and the beneficial ownership declaration.
• The director's pay, on the tax side: the articles of association and the withholding.
• The full example, from profit to tax, and the most common mistakes.

Who it is for

For anyone who has just set up a small limited company, or is about to: online stores, workshops, shops, studios and services.

How you receive it

When you pay, you get the PDF and the spreadsheet straight away, on the confirmation page and in your e-mail. The spreadsheet also opens in Google Sheets or Numbers. It is digital content: once you receive it, you lose the right of withdrawal.

Version

October 2026 version, with the rules in force on that date.

Who wrote it

DPL Asesores, a tax and accounting advisory firm in Alicante that handles the bookkeeping and taxes of freelancers and small businesses. Guide written with the help of artificial intelligence tools.

⚠️ This is general information as of the version date, written to be understood without prior knowledge. It applies to companies in mainland Spain and the Balearic Islands: in the Canary Islands, Ceuta and Melilla there is no VAT, and the Basque Country and Navarre have their own corporate income tax. It does not replace advice on your specific case.

€5 VAT included.

🎁 And if you then book a consultation with DPL Asesores within the following 3 months, we take the €5 for the guide off: the code is on its last page.

Terms of sale: dplasesores.com/en/ecommerce/condiciones-de-contratacion