Updated on Tuesday, September 28, 2021 – 16:07
The bonuses in the IBI, IAE and ICIO will be based on the investment and the jobs that are generated
With the aim of making Zaragoza “a competitive city and creating jobs”, the City Council of the Aragonese capital, governed by PP-Cs, has promoted the Investment Attraction Tax Plan, which, according to him, is a “pioneer” in Spain.
He does it through discounts on three taxes that “have a strong impact on corporate taxation”: the Real Estate Tax (IBI), the Tax on Economic Activities (IAE) and the Tax on Constructions, Installations and Works (ICIUS).
The aforementioned Plan is aimed at new companies that are installed in the municipal area of Zaragoza and contemplate a discount of up to 95% for five years depending on the promotion of employment and the volume of investment.
To calculate the discount, the following sections will be taken into account: if they are generated from 20 to 49 work station, they will have a minimum 30% bonusand a maximum of 49%; from 50 to 99 employees, 50% and 74%, respectively; from 100 to 199 jobs, 75% and 94%; and if they are created 200 seats or more, a 95% incentive.
According to the Council, if the new companies are installed on public land, the maximum allowable reduction in the corresponding section will be applied.
In addition, the reduction corresponding to the first three tranches can be increased by 1% for every million euros of investment accredited.
To obtain the bonus, the properties in which the new companies are installed must obtain from the Municipal Plenary the declaration of special interest or municipal utility.
These measures have been included in the draft Tax Ordinances that the Zaragoza City Council has drawn up for 2022, in which its commitment to “lower taxes, promote job creation and make Zaragoza a pole of business attraction” is reflected.
The Municipal Head of Finance, Mara Navarro, has highlighted that these incentives to attract new companies are included in a broader plan to contain and reduce fiscal pressure.
Thus, the government team has decided lower the IBI to 0.4087, 0.87% less, which will mean that the City Council will stop raise 1,116,900 euros.
According to municipal sources, Zaragoza is, with respect to the ten large provincial capitals of Spain, the municipality with the lowest general IBI rate, the average being 0.5642.
Annually the Consistory rotates the tribute through more than 521,000 receipts that suppose an income of more than 158 million euros.
The IBI bonus for large families remains on the same terms as in previous years, reducing receipts between 60 and 70%, depending on the category of each family.
According to the criteria of
The Trust Project Learn more