Corporate income tax and microenterprise tax discounts between 2% and 15%
The discount is applicable to the annual corporate income tax/microenterprise tax due, subject to the fulfilment of the following conditions related to the net asset position:
- The net assets are positive;
- The adjusted net asset position increases on an annual basis with a minimum percentage.
Please refer to the table below for details on the system of discounts, which can be cumulated, depending on the fulfilment of the applicable conditions:
Annual discount | Condition |
2% | Positive net asset position |
5% - 10% | Annual increase of the adjusted net asset between 5% - 25% or more |
3% (applies starting with 2022) | Annual increase of the adjusted net asset between 5% - 20% or more, for each year during the period 2022 – 2025, compared to 2020 |
In the above-mentioned context, we can assist you with the following:
- Assessing your particular situation to determine whether a tax discount can be applied;
- Assessing the evolution of the net asset position and subsequently, the related tax discounts that the company may apply under certain scenarios;
- Assessing the potential measures for increasing the net asset position to apply higher tax discounts.
In case this is of interest to you, please do not hesitate to contact us.