Tax Form 202

Our accountancy experts in Marbella will briefly inform you about the advanced payments of the Corporate Income Tax, or Tax Form 202, to make your corporate accountancy easier.

Tax Form 202 is a form fulfilled by companies established in Spain, along with non-resident companies who operate in Spain.

The fulfilling obligation of Tax Model 202 is appliable in the following cases:

Corporations with an annual operational volume above 6 million euros in the previous
year, regardless of whether the net result was benefits or losses.

Corporations that, even with a lower volume of operations, if they had benefits in the
previous year.

There are 3 fulfilling deadlines during the year, which are:

1st deadline: Between the 1st and the 20th of April.

2nd deadline: Between the 1st and the 20th of October.

3er deadline: Between the 1st and the 20th of December.

There are 2 ways of calculating this tax, which can be modified through form 036 of census declaration of registration, deregistration and modification of data. It has to be communicated before the 28th of February of the current year.

1. Based on the last Corporate Income Tax fulfilled, will be calculated based on the net result of the tax form, and applying the corresponding tax rate.

2. Based on the accountancy result of the current year, which will be calculated through the result of the corporate accountancy by the times of presentation of the tax form, which are the following:

1st deadline: It is calculated based on the accountancy result from the 1st of January to the 30th of March.
2nd deadline: It is calculated based on the accountancy result from the 1st of January to the 30th of September.
3rd deadline: It is calculated based on the accountancy result from the 1st of January to the 30th of November.

* Companies that, in the previous year, had overpass 6 million euros in volume of operations, shall be obligated to use the accountancy result calculation. For the rest of the societies, the calculation way will be optional, always communicate it before the 28th of February through form 036, as mentioned above.