In order to be considered an emerging company/Start-up and benefit from the tax and legal incentive, it is essential to be accredited as such, establishing a procedure to obtain an emerging company certification.
The Start-Up Law (Ley 28/2022, de 21 de diciembre, de fomento del ecosistema de las empresas emergentes) aims to strengthen the Spanish ecosystem of emerging companies by attracting capital and foreign talent so that they become part of this ecosystem, which is so important for the growth and spread of knowledge and for the economic and business structure of Spain.
On 28 December 2022, Spanish Law 38/2022, of 27 December, was published in the Official State Gazette (BOE), creating the Temporary Tax on Large Fortunes, as well as other temporary taxes and amending other tax regulations.