Spain has a very competitive tax law called the Spanish Corporation Tax Act (TRLIS). This is a great opportunity for companies whose main economic activity is the leasing of homes located in Spain. It is suitable with other complementary activities and with the transfer of the leased properties after the minimum maintenance period has elapsed. This law is especially useful for property developers who are renting their properties while waiting to sell them.
If your business owns and rents out 8 properties or more, you can receive a reduction of 85% on your corporate income tax (Impuesto de Sociedades).