Steps to apply for the Moves III Plan in the Community of Madrid in 2024

Updated on January 23, 2025: The Government has not secured enough support for the extension of the Plan Moves 2025. We remain attentive to the latest news that may arise in the upcoming Council of Ministers regarding its approval.

The Plan Moves III is an incentive program aimed at promoting sustainable mobility and reducing pollutant emissions in Madrid. It provides financial aid for the acquisition of electric vehicles and the installation of charging infrastructure.

In the Community of Madrid, it represents a significant step towards increasing the installation of charging points. This plan offers a series of aids and benefits for citizens and businesses in Madrid. 

Who is responsible for applying for the Plan Moves III in Madrid in 2024?

Unlike other autonomous regions, you will not need to personally manage the application for aid. The requirement is that the installation company is responsible for the entire application process. To do this, the company must be properly registered on the official Plan Moves III Madrid platform.

Requirements and steps to apply for the Plan Moves III Madrid in 2024

Applying for the Plan Moves III in Madrid may seem complicated at first. But as we mentioned earlier, it is essential that the installation company is responsible for carrying out the procedures and managing the aid.

Here is a step-by-step guide on how to apply for the Moves plan in the Community of Madrid:

  • Contact an installation company: It is essential to have the support of an installation company to start the process. This company will be key in the installation and application for aid.
  • Submit an application for the Plan Moves III Madrid: Once you have the installation company, they will be responsible for completing the aid application form.
  • Documentation requirements for the Plan Moves III aid: It is essential to gather all necessary documentation. In the Community of Madrid, you need the Certificate of Tax Residence in Spain and other documents such as the technical report of the installation.
  • Evaluation of the Plan Moves III Madrid application: Once the application is submitted with the necessary documentation, you just have to wait for the evaluation, which usually takes between 6 and 8 months.

If you need help with the Plan Moves III, discover our network of professional car charger installers in Madrid.

How much do they give you for the Plan Moves?

The Plan Moves offers generous grants for both individuals and companies in the Community of Madrid:

  • Individuals: They can receive up to a 70% discount on the installation cost of charging points, increasing to 80% in towns with fewer than 5,000 inhabitants. Additionally, individuals can access a maximum subsidized amount of 10,000 euros between the installation of charging points and the purchase of electric vehicles, with aid reaching up to 7,000 euros for the purchase of low-emission vehicles.
  • Companies: The subsidy for companies reaches up to 30% of the installation cost of the charging point, increasing to 40% in municipalities with fewer than 5,000 inhabitants. Companies, both large and SMEs, can access subsidies that range between 1,600 and 2,200 euros for the acquisition of low-emission vehicles.

Who can apply for the aid in the Community of Madrid?

The aids from the Plan Moves III are aimed at both individuals and companies and self-employed workers who meet the requirements established by the program. A requirement is to reside in Madrid to be able to acquire an electric vehicle or install charging points. You may also be interested in the Plan Cambia Madrid 360, new aids for the purchase of electric car chargers available for users in the Community of Madrid.

How long does it take to pay the Plan Moves 3 Madrid?

The time required for the Community of Madrid to approve the Plan Moves III can vary depending on the volume of applications received and the established evaluation process. Generally, this process is expected to take place within a reasonable timeframe after the application is submitted.

Is it necessary to declare the Plan Moves III from the Community of Madrid in the income tax return?

Yes, like any aid or subsidy, the Plan Moves III is taxable. Although this program offers financial aid for the purchase of electric vehicles and charging points, it is crucial to keep in mind that these aids are also subject to taxation.

Upon receiving this subsidy, you must deduct the IRPF concept from the total received. This can result in a considerable percentage, especially if your salary level is high. It is important to be aware of this aspect and consider the available tax incentives.

In general terms, for individuals, the taxation varies according to income level.

  • If your taxation does not exceed 12,450 euros, the tax rate is 19%.
  • For incomes up to 20,200 euros, the taxation is 24%. 
  • With incomes up to 35,200 euros, the taxation is 37%. 

Therefore, it is essential to include the subsidy received in your next income tax return and consider its impact on your taxes. You can consult our guide on how to deduct IRPF for the purchase of electric cars and charging points.

What is the deadline for the Plan Moves III in Madrid?

The deadline to apply for the Plan MOVES III in Madrid is December 31, 2024. It may vary depending on the year and the specific conditions of the program. It is important to stay alert to the established deadlines to not miss the opportunity to access these aids.

How many aid applications can be made in Madrid?

The Plan Moves III sets limits on the number of vehicles for which aid can be requested. For private companies, the maximum is 30 vehicles per beneficiary, but it may be lower if the established aid limit is reached. For individuals and self-employed professionals, the limit is one vehicle per person. In all cases, an aid application must be submitted for each vehicle. These measures aim to provide an equal distribution of resources and promote the adoption of electric vehicles.

Do you need help installing your charging point in Madrid and taking advantage of the Plan Moves III?

If you are considering benefiting from the Plan Moves III in Madrid in 2024, it is important to be prepared to start the application process and take advantage of the opportunities offered by this incentive program for sustainable mobility in the region. At V2C, we have the largest network of car charger installers in Spain, find yours today.