Mecides

What Mecides does

Mecides (legal entity MECIDES MANAGEMENT, S.L.) is a Santa Cruz de Tenerife-based fiscal structuring firm that operates as the leading private capital Tax Lease ("Mecenazgo Tecnológico") structurer in Spain. Its core function is to intermediate between R&D+i-active companies — typically technology firms and startups that cannot fully use their R&D+i fiscal deductions due to insufficient taxable income — and private investors who can monetize those deductions. Mecides evaluates projects technically and scientifically, designs the fiscal structure in partnership with leading Spanish law firms, and advances 100% of the project incentive to the company in the current year, while investors receive the tax benefit.

The company operates a sales-led B2B model with a horizontal segment focus on two counterparties: project-owning R&D+i companies seeking non-dilutive financing, and private investors seeking tax optimization. Revenue is generated through professional services fees on Tax Lease structuring, with pricing not publicly disclosed and tailored per engagement. Mecides has structured 400+ projects and mobilized €350M in fiscal credits cumulatively, with a stated 40% client recurrence rate. Around this Tax Lease core, the firm has layered adjacent services including the binding Informe Motivado Vinculante (IMV) certification, Cashback for deduction monetization, Patent Box advisory, Tax Equity arrangements, Social Security bonus optimization for research personnel, and a specialized Tax Lease product for film production.

Mecides distributes exclusively within Spain via direct sales, supported by content marketing (corporate blog, LinkedIn) and a small in-house team of approximately 20 people combining technical R&D+i justification expertise with fiscal structuring know-how. The business is privately held, with no disclosed funding rounds, no named institutional investors, and no disclosed management team or revenue figures.

Name

Mecides

Legal name

MECIDES MANAGEMENT, S.L.

Website

https://mecides.es

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Mecides is a Spain-based fiscal structuring firm that intermediates between R&D+i project companies needing non-dilutive financing and private investors seeking tax benefits, using the Spanish "Tax Lease" instrument and adjacent R&D+i fiscal services.

Ownership category

akta.pro rank

Product category

Fiscal Structuring Services

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Debt Capital Raising Intermediation (Private Debt/Mezzanine/Bonds) (FSAEALAM)

Keywords

• Tax lease financing
• R&D fiscal structuring
• Innovation project financing
• Fiscal credit monetization
• Patent box services

Headquarters

HQ city

Santa Cruz De Tenerife

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Tax Lease Structuring Services: Mecides earns revenue by structuring Tax Lease financing arrangements between R&D+i project owners and private investors. The company provides technical evaluation, fiscal structuring, and project certification services, facilitating the advancement of fiscal credits to companies in exchange for investor participation in tax benefits.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Mecides is a Spanish fiscal structuring firm that intermediates Tax Lease (Mecenazgo Tecnol\u00f3gico) financing for Research, Development, and Innovation (R&D+i) projects. The company evaluates R&D+i projects technically and scientifically, optimizes fiscal structures, and connects project-owning companies (including startups) with private investors seeking fiscal benefits, advancing 100% of the fiscal incentive to the company in the current year.

Product overview

Mecides operates as a unified financial services platform built around its core Tax Lease (Mecenazgo Tecnológico) product. The company functions as Spain's leading private fiscal structurer for R&D+i projects, offering a portfolio of interconnected services including project financing for companies with innovation projects, investment matching for tax-seeking investors, and specialized fiscal instruments such as the Informe Motivado Vinculante (IMV) for certification, Cashback for deduction monetization, Patent Box for IP exploitation benefits, and Social Security bonuses for research personnel. The ecosystem connects companies seeking non-dilutive financing with private investors looking to optimize their tax position through qualified R&D+i investments.

Differentiator

Problem solved

Functional benefit

Products and services

• Tax Lease (Mecenazgo Tecnol\u00f3gico) Financial instrument for private financing of Research, Development, and Innovation (R&D+i) projects, designed for companies of any size and sector including startups. Tax Lease enables companies to access financing for their innovation projects while allowing investors to obtain fiscal benefits in return.
• Financiaci\u00f3n de Proyectos I+D+i Financing service for companies with Research, Development, and Innovation projects. Mecides evaluates projects technically and scientifically, optimizes fiscal structuring, and advances 100% of the project's fiscal incentive in the current year, providing non-dilutive financing without taking on debt.
• Inversi\u00f3n en Proyectos I+D+i Investment matching service connecting private investors with pre-vetted R&D+i projects. Investors can reduce their tax burden by investing in qualified projects that offer fiscal benefits through Tax Lease structures.
• Informe Motivado Vinculante (IMV) Binding Motivated Report certification service that verifies companies' R&D+i activities and expenses qualify for fiscal deductions, providing legal security for tax benefits for R&D+i-deductible activities.
• Tax Lease para Cine Specialized Tax Lease financing for film and audiovisual production projects in Spain, enabling producers to access external funding without increasing debt levels for audiovisual works.
• Cashback - Monetizaci\u00f3n de Deducciones I+D+i Service enabling companies to monetize R&D+i fiscal deductions by converting them into immediate monetary returns, improving cash flow and liquidity by accelerating deduction monetization before fiscal cycle completion.
• Patent Box Fiscal incentive service for companies exploiting intangible assets (patents, software, utility models), offering a reduction of up to 60% in taxable income derived from qualifying intellectual property.
• Bonificaciones por Personal Investigador Service helping companies obtain Social Security fee reductions of up to 50% for hiring qualified research personnel dedicated to R&D+i activities.
• Tax Equity Investment fiscal model allowing companies to monetize fiscal credits from R&D+i projects by partnering with strategic investors who receive the tax benefits in exchange for advancing the fiscal value.

Quantifiable outcome

• €350 million mobilized in fiscal credits
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Regional players

• Garrigues: Spain's largest law firm by revenue, with a dedicated tax practice covering R&D+i deductions and innovation incentives. Comparable as a regional legal services incumbent operating in the same Spanish fiscal advisory market.
• Cuatrecasas: Leading Iberian law firm with a substantial tax practice covering R&D+i incentives and Patent Box. Comparable as a regional legal services player that Mecides itself partners with to deliver Tax Lease structures.

Direct peers

• BDO Spain: Mid-tier professional services firm with a dedicated R&D tax incentives practice in Spain advising on tax deductions and certifications for R&D+i projects. Comparable to Mecides in serving the same project promoter and investor base with fiscal structuring expertise.
• RSM Spain: Global mid-tier accounting network with a Spanish tax practice covering R&D+i incentives, Patent Box, and innovation tax credits. Comparable to Mecides in targeting the same corporate R&D+i fiscal advisory market segment.
• Ayming: European R&D tax credit and innovation financing consulting firm operating across multiple countries including Spain. Directly comparable to Mecides as it also intermediates fiscal incentives between R&D project owners and investors, with similar advisory-led service model.

Broad incumbents

• Deloitte España: Big Four firm with significant R&D tax credit and innovation incentives practice in Spain. Comparable as a broader incumbent that competes for the same project promoters and investors as Mecides through its larger tax and advisory portfolio.
• EY España: Big Four firm with Spanish R&D tax credit and innovation financing practice. Comparable as a broader incumbent offering Tax Lease-adjacent fiscal structuring services to the same Spanish R&D+i market.
• PwC España: Big Four firm with established Spanish R&D+i tax credit advisory practice and dedicated innovation incentives team. Comparable as a broad incumbent operating in the same fiscal advisory space, though as part of a wider services portfolio.
• KPMG España: Big Four professional services firm with a Spanish tax practice covering R&D+i incentives, Patent Box, and tax credit advisory. Comparable as a broader incumbent offering overlapping fiscal structuring services as part of a wider portfolio.

Others

• CDTI (Centro para el Desarrollo Tecnológico e Industrial): Spanish public agency that funds and certifies R&D+i projects, including managing Innovation CDTI grants and Participative Loans. Comparable as a thematic ecosystem participant touching the same R&D+i project universe that Mecides serves, though operating as a public grant/loan provider rather than a private fiscal structurer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mecides

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mecides