Skip to content

Scale your startup with advisors who speak tech

We support technology companies and startups throughout their growth journey, from incorporation to international expansion, with tax, legal and corporate advisory tailored to Spain's digital ecosystem.

45.655
active companies in Spain
566.956
registered workers (SS)
56.9B€
annual revenue (INE)
34,9%
5-year survival rate
10,3%
sector gross margin
4,7%
EU business share

Source: cifex · Seguridad Social · INE EEE · INE DIRCE

120+
startups and scale-ups advised
€85M
in funding facilitated
15+
years in Spain's tech ecosystem

Spain’s technology sector is experiencing unprecedented expansion. With nearly 45,655 active companies and more than 566,956 workers registered with Social Security, the digital ecosystem has accumulated aggregate revenue of €56.9 billion, cementing Madrid and Barcelona as leading European hubs. The sector’s share of the European Union market stands at 4.7% — a figure that, in relative terms, signals enormous opportunity: Spain has significant room to grow technologically compared with Germany, France or the Netherlands, and the conditions — the Startup Law, a qualified talent pool and competitive living costs — are favourable for capturing that differential.

The figure that should matter most to any founder or investor is the five-year survival rate: 34.9%, which reflects the high demands of the technology market and the importance of building on solid foundations from day one. The average gross margin of 10.3% indicates that many companies in the sector compete on high-volume models or invest aggressively in growth before scaling profitability — making tax and financial planning that anticipates investment cycles and exit moments indispensable.

At BMC we accompany startups and technology companies at every stage of their lifecycle. From company incorporation and shareholder agreement design through seed and Series A round structuring, employee equity plan management and tax planning ahead of an exit. Our team combines expertise in corporate finance, commercial law and international tax to deliver integrated advisory that understands the language and needs of the digital ecosystem.

R&D tax deductions, Startup Law incentives, public grant management (CDTI, ENISA, European funds) and VAT optimisation for cross-border digital services are areas where we deliver tangible, measurable value. We also advise on data protection compliance, digital regulatory matters and technology contract structuring to ensure your company’s growth is built on solid foundations.

Glossary

Key Sector Terms

Accelerated Depreciation in Spain (Amortización Fiscal Acelerada)

Accelerated depreciation (amortización fiscal acelerada) in Spain allows companies to deduct a higher proportion of an asset's cost in the early years of its useful life for Corporate Tax purposes, reducing taxable income sooner than straight-line accounting depreciation would permit. Spain offers both statutory accelerated tables and specific regimes for SMEs, newly hired personnel, and R&D assets.

EU AI Act

The EU Artificial Intelligence Act (Regulation EU 2024/1689) is the world's first comprehensive legal framework for artificial intelligence. It classifies AI systems by risk level, imposes obligations on developers, deployers, and importers, and establishes penalties of up to €35 million or 7% of global turnover for the most serious violations. It entered into force in August 2024 with phased compliance deadlines through 2027.

Annual Accounts (Cuentas Anuales)

Cuentas Anuales are the statutory annual financial statements that all Spanish companies must prepare, approve, and deposit at the Commercial Registry each year. They include the balance sheet, income statement, statement of changes in equity, cash flow statement (for larger companies), and notes.

Arbitration and Mediation in Spain

Spain has a well-developed framework for alternative dispute resolution (ADR). Arbitration is governed by Ley 60/2003 de Arbitraje (based on the UNCITRAL Model Law) and provides a binding, private process with enforceable awards. Mediation in civil and commercial matters is regulated by Ley 5/2012. Spain is a signatory to the New York Convention (1958), enabling international enforcement of Spanish arbitral awards in 170+ countries.

Autónomo — Self-Employed in Spain

An autónomo is a self-employed individual in Spain who carries out an economic activity on their own account. Autónomos must register with the AEAT for tax purposes and with Social Security (RETA regime), pay quarterly income tax instalments and VAT returns, and pay monthly Social Security contributions.

Balance Sheet in Spain

The balance sheet (balance de situación) is a statutory financial statement that presents a company's assets, liabilities, and shareholders' equity at a specific point in time. In Spain, it is a mandatory component of the annual accounts (cuentas anuales) prepared under the Plan General Contable (Spanish GAAP) and filed at the Commercial Registry.

FAQ

Frequently asked questions

The Sociedad Limitada (SL) is the most common structure for startups in Spain due to its flexibility and low setup cost. However, if you plan to raise investment or implement an equity plan, it is worth considering shareholder agreements, phantom shares or stock options, and potential holding structures from the outset.
Technology companies can benefit from deductions in Corporate Income Tax of between 25% and 42% of qualifying R&D expenditure, and 12% for technological innovation activities. Additionally, a cash-back regime allows startups without sufficient tax liability to monetise these deductions.
Key programmes include CDTI (R&D projects, Neotec), ENISA (participating loans), regional grants such as IVACE in Valencia or ACCION in Catalonia, and European funds under Horizon Europe. We manage the full application and justification cycle.
Stock options are treated as employment income at the time of exercise, with an exemption of up to €50,000 per year under the Startup Law (Law 28/2022). Phantom shares are taxed as employment income when paid out. Early equity plan design is essential to optimise tax costs for founders and employees.
Law 28/2022 introduces benefits including a reduced 15% Corporate Tax rate in the early years, stock option exemptions, a startup visa for foreign founders, and simplified re-domiciliation. Eligibility requires ENISA certification as an emerging company.

Request a personalized consultation

Our experts are ready to analyze your situation and provide tailored solutions.

Call Contact