Modelo 202 installments are an advance: the SL pays during the year part of the Corporate Tax it has not yet settled. There are two ways to calculate them. The most common for small companies uses the tax liability of the last closed year as a reference; the other is based on the actual result accumulated during the current year and is mandatory for larger companies, though any company can opt into it.
A newly created SL in its first year usually has no previous liability, so under the liability method the payment normally comes out at zero. In practice, many small companies have nothing to pay in Modelo 202 until they close a profitable year, but it is worth checking each period.
The typical mistake is not planning for the first 202 with an amount due after a good year: the SL closes the year with a profit and reports it on Modelo 200. Shortly afterwards it starts paying installments based on that liability. Another slip is not considering a switch to the actual-result method when the current year is going much worse than the previous one, since it can lower the advances.
Everything paid through Modelo 202 is later subtracted in Modelo 200. So it is not an extra tax but a prepayment. kontora calculates the 202 from the SL's bookkeeping and reminds you of each period's deadline.
Guides that use this term
- When Corporate Tax is paid in Spain: modelo 200 and modelo 202 dates in 2026 and 2027
- Modelo 202: the Corporate Tax instalment payment, explained
- Spanish tax calendar 2026-2027 for autónomos and SL companies
- Corporate income tax in Spain: your SL's first year
- Modelo 200: the annual corporate tax return of a Spanish SL, step by step
Related terms
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