Companies can operate in Spain in different ways: by setting up a Spanish business with its own legal personality (a corporation or limited liability company), through an individual entrepreneurship (natural person).
The S.L. is the most common and suitable company for SMEs, companies with very few partners and for family-run businesses.
Benefits of business of Spain: •Developed sector of tourism, real estate & restaurant industry •Stable taxes rates & initial tax discounts for new entrepreneurs •Low initial investment in a ready business activity
How to start a business in Spain? There are different rules applied for EU citizens and international entrepreneurs. We are happy to support you with the registration processes and relieve you from all the difficulties that it might bring.
If you want to set up an LLC company in Spain, there is a concrete path to follow:
To get a NIE number (either from Spain or from Consulate in your local country)
Register the company name with the Mercantile Registry (Registro Mercantil Central or RMC)
Get a company tax identification number (CIF)
Sign the deed of incorporation
Register the company
Register for social security
Open bank
We help you to overcome all processes.
The registration is taking 1-2 weeks
An S.L. can consist of one person.
Minimum share capital of 3,000 euros fully paid. Can be also added by assets of the company, for example laptop, phone.
Liable for Corporate Tax (25% general rate) although the average effective rate is lower (22%)