If your company’s business involves the creation of technical knowledge within an innovative activity, you can take advantage of a tax reduction for licensing your intangibles: patents, drawings, models, plans, formulae, secret procedures and know-how.
The Spanish Corporate Income Tax Law provides for a 50% reduction in taxation on income obtained from the licensing of certain intangibles to third parties or group companies to be utilised for business purposes. The limit on income qualifying for the reduction is six times the cost of creating the intangible.
The benefits could be very interesting for your business:
There are different conditions in the Basque Country, which are even more beneficial.