Spain: from company profit to money in your pocket
If you own the company you work through, two taxes hit the same money in turn. The company pays corporate tax on its profit. Then you pay income tax on the dividend you take out of what is left. In Spain the second tax gives you no credit for the first one — the two stack. That is what the numbers below are showing you, and it is why a calculator that works out only one of them is telling you half the story.
€200,000 of profit, taken out in full
| Your company | Corporate tax | Tax on the dividend | You keep | Total rate |
|---|---|---|---|---|
| New company, first profitable year | €30,000 | €37,980 | €132,020 | 34.0% |
| Turnover under €1M | €41,000 | €35,450 | €123,550 | 38.2% |
| Turnover €1M–€10M | €46,000 | €34,300 | €119,700 | 40.2% |
The gap between the best and worst case here is €12,320 on the same €200,000 of profit — decided by how long the company has been profitable and how much it turns over, not by anything you do differently in the year.
Where the money goes, step by step
Taking the middle case — turnover €1m–€10m:
| Company profit | €200,000 | |
|---|---|---|
| Corporate income tax | -€46,000 | Empresas de reducida dimensión (art. 101 LIS) |
| Tax on dividends | -€34,300 | 19% is withheld at payout and credited against this |
| In your hands | €119,700 | Total tax rate 40.2% |
What this assumes
- One owner, resident in Spain, taking the whole post-tax profit as a dividend.
- A small owner-operated company — no group, no consolidation, no transfer pricing.
- No other savings income in the year. Dividends stack with interest and capital gains on the same scale, so other investment income pushes the dividend into higher bands.
- Salary you pay yourself is a different route with different numbers — see the income tax calculator.
All Spain taxes · Corporate tax on its own · Dividend tax on its own · How we calculate
Figures still waiting on the law
These amounts are in force in practice — the administration applies them — but the statute that fixes them for this tax year has not been passed yet. We show them because leaving them out would give you a worse answer, not a safer one.
- regimes[0].reduced_contribution.amount_per_period (EUR 80/month, tarifa plana) — EUR 80/month was fixed by law only for 2023-2025 (DT 5ª RDL 13/2022); from 2026 the amount must be set by the annual Budget Law, which has not been passed (budget rollover). No norm of statutory rank sets the 2026 figure. Seguridad Social nevertheless applies EUR 80 de facto and publishes the 2026 tables with it. Publishing it is less wrong than omitting the reduced cuota altogether, which would overstate a new freelancer's first-year cost by roughly EUR 1,400. (what we relied on) · we re-check after 2026-12-31
- regimes[0].reduced_contribution.surcharge_per_period (EUR 8.64/month, MEI on top of the reduced cuota) — Derived from the total of EUR 88.64/month that Seguridad Social publishes for 2026 (88.64 - 80.00). It rests on the same unpassed Budget Law as the EUR 80 itself, and the MEI base used by the administration to reach 88.64 is not stated in any norm we could open. (what we relied on) · we re-check after 2026-12-31