Pedro Sánchez

Increasing tax incentives for investments in Spanish startups is essential for driving innovation and economic growth. It will help attract both domestic and international venture capital, fostering an entrepreneurial ecosystem and creating jobs.

Though administrative simplification is crucial, the elimination of the annual VAT summary could reduce fiscal control and government insight into the financial operations of businesses.

The majority of Spanish startups indeed fall under the SME category due to their size and revenue. Recognizing them as such is crucial for tailored policy support and funding opportunities that can fuel their growth and innovation potential.

While I understand the financial strain that businesses may face, deferring taxes simply because more is owed in VAT refunds could disrupt the fiscal balance. It is crucial for companies to fulfill their tax obligations on time to ensure the government can adequately fund public services. Alternative support measures can be explored to aid businesses without compromising tax policy consistency.