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Setting up a Business

Setting up a business in Spain.

The types of business entities available are in keeping with those existing in other OECD countries and there is also a wide range of possibilities capable of meeting the needs of the different types of investor who wish to invest in or from Spain. It is also worth noting that foreign investment restrictions and exchange controls have been virtually eliminated in line with the EU legislation on deregulation in this area.

This chapter describes the basic requirements of the different business structures for investing in Spain, as well as the key formalities that a foreign investor must fulfill in order to set up or start up each of them.

Setting up a business in Spain.

The types of business entities available are in keeping with those existing in other OECD countries and there is also a wide range of possibilities capable of meeting the needs of the different types of investor who wish to invest in or from Spain. It is also worth noting that foreign investment restrictions and exchange controls have been virtually eliminated in line with the EU legislation on deregulation in this area.

This chapter includes the following topics:

  • Options for setting up a business
  • Types of Corporate Entity
  • Corporation (S.A.)
  • European Company (S.E.)
  • Limited Liability Company (S.L.)
  • New Business Limited Company (S.L.N.E.)
  • Professional Company (S.P.)
  • Branch
  • Representative Office
  • Start-Up Costs
  • Intellectual Property

Options for setting up a business

A foreign investor can invest in Spain by:

  • Opening a branch or representative office.
  • Forming a Spanish company: traditionally, the most-used corporate form has been the corporation (S.A.); however, in recent years the formation of limited liability companies (S.L.s) has also become commonplace.
  • Associating with other businesses already established in Spain: joint ventures are a common way of setting up business in Spain, since they enable their members to share risks and pool resources and experience. Spanish law provides for different types of joint venture.
  • However, creating a new entity or associating with pre-existing entities is not the only way to invest in Spain. It is possible to gain a foothold in the Spanish market without having to physically set up a center of operations in Spain by:
  • Making distribution agreements.
  • Operating through an agent.
  • Operating through a commission agent.
  • Establishing a franchise.
BASIC STANDARD FULL SERVICE
€ 850 € 1750 € 2950
Company Name Company Name Company Name
Bank Account

The customer will be advised and accompanied

Bank Account Bank Account
Notary and Registrar Fees

The customer will be advised and accompanied to the Public Notary office

Notary and Registrar Fees Notary and Registrar Fees
Company Tax Number Company Tax Number Company Tax Number
Company Registration Company Registration Company Registration
Electronic Certificate (Director and Company) Electronic Certificate (Director and Company)
Company Address (1 Year)

In Madrid Center

Company Address (1 Year)

In Madrid Center

Accounting and Tax Compliance (1 Year)

For further information, meet us Spain State lawyer services…

 

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