- Crypto service providers need a MiCA authorization from the Comisión Nacional del Mercado de Valores (CNMV) or from the regulator of another EU country. Spain’s transitional period for firms in the old Banco de España register ended on 1 July 2026.
- Individuals pay income tax when they sell crypto or swap it for another crypto-asset. The gain is savings income, taxed at 19% to 30% in 2025 and 2026. Staking rewards are savings income too; airdrops are taxed at the general rates.
- Crypto also counts for the wealth tax at its value on 31 December, with rules that differ by region, and for the solidarity tax on net wealth above €3,000,000.
- Companies pay corporate income tax at 25% in general in 2026, with lower rates for smaller companies.
- The income tax return is due by 30 June. If you hold more than €50,000 in crypto with providers outside Spain, you also file the modelo 721 by 31 March.
This guide covers private individuals and companies that hold, trade or accept crypto in Spain. It does not cover issuing tokens. This page gives the overview; each topic has its own page with the details, examples and sources. It is general information, not legal or tax advice.
Key figures
| Item | Figure | Details |
|---|---|---|
| Tax rates on crypto gains (savings base, 2025 and 2026) | 19% to 30% | Personal tax |
| Staking rewards (2026) | Savings income at the euro value on the day received | Staking and DeFi |
| Wealth tax, state rules (2025) | €700,000 exempt, rates 0.2% to 3.5%; regions differ | Wealth tax |
| Solidarity tax (2025) | Net wealth above €3,000,000, rates 1.7% to 3.5% | Wealth tax |
| Income tax return 2025 | 8 April to 30 June 2026 | Deadline calendar |
| Modelo 721 (crypto held abroad) | Above €50,000 on 31 December; file 1 January to 31 March | Modelo 721 |
| Corporate income tax (2026) | 25%; 23% below €10 million turnover; 19% and 21% below €1 million | Business tax |
| End of the MiCA transitional period | 1 July 2026 | Regulation |
| Self-hosted wallet check | Transfers above €1,000 | Self-custody |
Legal status
Spain applies the EU Markets in Crypto-Assets Regulation (MiCA). The CNMV authorizes and supervises crypto-asset service providers; the Banco de España supervises stablecoin issuers. Since 1 July 2026 only authorized providers may serve customers in Spain. More on regulation.
Tax for individuals
Selling crypto for euros and swapping one crypto for another both give a capital gain or loss, calculated per coin with FIFO and taxed in the savings base at 19% to 30%. Staking, DeFi and lending rewards are savings income when received; airdrops go into the general base. Crypto also counts for the wealth tax and the solidarity tax. The rules, a worked example and the rules for moving to or from Spain are on personal tax.
Tax for companies
Companies record crypto at cost, as inventory or as an intangible asset, and pay corporate income tax on their profit: 25% in general in 2026, 23% below €10 million turnover, and 19% and 21% below €1 million. Exchanging crypto for money is exempt from VAT. More on business tax.
Reporting and filing obligations
Individuals report crypto sales and swaps in the income tax return, due by 30 June, and crypto held with providers abroad above €50,000 on the modelo 721, due by 31 March. Companies with a calendar financial year file between 1 and 25 July. Spanish providers report balances and transactions to the AEAT every January; the EU directive DAC8 had not yet been transposed in October 2026. The full calendar, record-keeping and penalties are on filing and deadlines.
Exchanges and KYC
Check a provider in the CNMV and ESMA registers before you use it, and expect identity checks and the EU travel rule on transfers. Which exchanges are authorized, and their fees and features side by side, are on exchanges.
Self-custody
Your own wallet does not need to be registered. It is not reported on the modelo 721, but it counts for the wealth tax, and gains are taxed when you sell or swap. For transfers above €1,000 to or from your own wallet, the provider checks whether the wallet is yours. More on regulation.
Sources
Each topic page lists all the sources it uses. The main ones:
- Agencia Tributaria: Manual práctico de Renta 2025, Compra y venta de monedas virtuales: tributación en el IRPF del inversor (last checked October 2026)
- BOE: Ley 35/2006 del Impuesto sobre la Renta de las Personas Físicas (consolidated text) (last checked October 2026)
- Dirección General de Tributos: database of binding rulings (consultas vinculantes V1766-22, V0648-24, V0612-26, V0376-24, V0138-25, V2843-21 and V1274-20) (last checked October 2026)
- Agencia Tributaria: Manual práctico de Patrimonio 2025, Monedas virtuales (last checked October 2026)
- Agencia Tributaria: Preguntas frecuentes sobre el modelo 721 (last checked October 2026)
- BOE: Ley 27/2014 del Impuesto sobre Sociedades, articles 5, 29, 101 and 124 and transitional provision 44 (last checked October 2026)
- Agencia Tributaria: Calendario campaña de Renta 2025, junio (last checked October 2026)
- CNMV: MiCA, nueva regulación de criptoactivos (last checked October 2026)
- CNMV: Proveedores de servicios de criptoactivos (register) (last checked October 2026)
- ESMA: Markets in Crypto-Assets Regulation (MiCA), interim MiCA register (CASP, non-compliant entities and EMT files of 7 October 2026) (last checked October 2026)
This page is general information, not legal or tax advice. Rules and rates change, so check the official sources before you act.