On 23 February 2013, the Official Gazette published Royal Decree-Law 4/2013, of 22 February 2013, which approved measures to support new entrepreneurs, stimulate growth and create employment.
The main measures introduced by the Royal Decree Law have retroactive effect for taxable years starting as from 1 January 2013, and are summarized below.
Corporate income tax
Newly created companies will be taxed at the following reduced corporate income tax sliding scale the first t…