SPAIN
Investment in Spain
Growth in investment by French companies in Spain
According to official information from the Ministry of Economy in its report on foreign direct investments, 2023 flows (official data https://lc.cx/aS_48z), French companies invested a total of €2,583,000,000 in Spain in 2023, and €3,424,000,000 in 2022, with a projected growth of 11% for 2024.
| Spain | France | |
|---|---|---|
|
Taxation |
15% for the first two years for new companies
|
26.5% from the start (possibility of 28%)
|
|
Maximum Tax Bracket |
47% <301.000€
|
49% <500.000€ |
|
Tax Exemptions |
42% of R&D&I expenses |
30% incentives for innovation (Research Tax Credit)v |
|
Social Security |
29-33 % |
30- 45% |
|
Real Estate |
10% VAT |
20% VAT |
|
Notary Fees |
1% |
2% |
|
Wealth Tax |
Exempt up to €300,000, and €0 in Madrid and Andalusia |
1,5% |
The purchase and sale of real estate in Spain (official data https://lc.cx/LwlwMl): France is the third country after England and Germany
| Year | Operations | Total operations in Spain |
|---|---|---|
|
2021 |
5.712 |
7,62% |
|
2022 |
6.106 |
6,97% |
|
2023 |
6.233 |
6,66% |
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