Training Credit (FUNDAE): Who Qualifies and What You Get
Learn how businesses in Spain can use training credits to fund courses for their staff and avoid losing these funds.
This scheme provides businesses with financial credits that can be used to cover the costs of training courses for their employees.
Who it's for
This program is available to all businesses that pay training contributions. If your business is required to make these specific contributions as part of its regular social security obligations, you are eligible to use the scheme to support your staff's professional development.
What you get
You receive a credit designed to pay for staff training courses. This allows you to invest in the skills and knowledge of your employees by using the credits you have accumulated through your mandatory contributions. It is a way to fund professional education for your team using existing credits rather than extra capital.
What it costs you
While the training is funded by your credits, the mechanism for using them requires a specific administrative step: the cost must be deducted from your social security payments. This means the benefit is handled through your regular payroll and social security settlement processes rather than through a direct cash payment to you.
The catch to know
The most significant risk is that these credits are not permanent. You must use your training credit before the end of the year, or it will expire. If you do not schedule and complete your staff training within the current calendar year, you will lose the ability to use those specific funds.
How to apply
- Verify that your business is paying the required training contributions.
- Select the training courses you wish to provide for your staff.
- Arrange for the training costs to be handled via your social security deductions.
- Ensure all training is completed before the end of the year to prevent the credit from expiring.