Process to obtain the emerging company certificate
One of the recent inquiries we’ve received from our clients, especially from recently established companies, is the procedure to obtain the certificate as an “emerging company.” This qualification granted by ENISA not only adds prestige to the company among its stakeholders (investors, clients, suppliers, banks, employees, and other parties interested in the company) but also provides a series of advantages, including:
- Reduction of the Corporate Tax rate to 15% for a period of 4 years from the first positive fiscal year, instead of two years, extending to 7 years for biotechnology, energy, and industrial companies.
- Possibility of deferring tax debt without guarantees or interest for a certain period.
- Exemption from the obligation to obtain the NIE (foreigner identification number) for non-resident foreign investors during the first three years.
- Bonification, for three years, of Social Security contributions for self-employed entrepreneurs who also work as employees.
- Increase in the deduction for investment in newly created companies, raising the rate from 30% to 50% and the maximum base from 60,000 to 100,000 euros.
- Exemption of the company from dissolution due to losses related to or causing an equity imbalance.
The process to obtain the emerging company qualification is advisable to be carried out through a specialized consultant in these matters, who will prepare the necessary documentation, knowing the criteria for approval by ENISA. We can distinguish two stages in this procedure:
- Preparation of documentation between the company and the consultant. This involves providing information about the type of product or service to be developed, considering that it should be innovative and scalable. This process may take a few weeks, depending on the documentation previously prepared by the company (business plan).
- Submission of documentation to ENISA and approval: the estimated period is currently about three months.
If the company has previously applied for financing through ENISA, the first step will be simpler, as the company already has most of the documentation to apply for the emerging company certificate.
If you are considering obtaining the emerging company certificate, we can assist you in achieving it through our specialized partners.