Advice for starting a business
Legal advice for starting a business in Spain
Starting a business in Spain can be an exciting opportunity, whether you are launching a new venture or expanding your existing company into the Spanish market. However, the legal, tax and administrative framework can be complex, especially for foreign entrepreneurs unfamiliar with Spanish regulations.
At our international law firm, we provide comprehensive legal and tax advice to individuals and companies looking to establish a business in Spain. Our team guides you through every step of the process, helping you avoid costly mistakes and ensuring your business structure is set up efficiently from the beginning.
Start your business in Spain with expert legal guidance
Our team assists with company incorporation, tax registration and compliance with Spanish corporate regulations, ensuring your business is established on solid legal foundations.
Choosing the right company structure: S.L. or S.A.
Sociedad Limitada (S.L.) – Limited Liability Company:
This is the most common structure for small and medium-sized businesses. It requires a minimum share capital of €3,000 and offers flexibility and limited liability for its partners.
Sociedad Anónima (S.A.) – Public Limited Company
This structure is typically used for larger businesses and requires a minimum share capital of €60,000, of which at least 25% must be paid at the time of incorporation.
Why legal advice is essential before starting a business
Before opening a company in Spain, several important factors must be carefully considered. Decisions taken at the beginning can have significant legal and tax consequences in the future. Proper planning at the outset helps avoid bureaucratic complications and ensures that your company operates smoothly within the Spanish legal framework.
Steps to set up a company in Spain
Certificate of company name availability
Obtain a certificate from the Central Companies Register confirming the company name is available. Up to five names may be submitted. The certificate is valid for three months.
Application for a provisional tax identification number (NIF)
The company must obtain a provisional NIF by filing form 036 with the Spanish Tax Agency (AEAT). This number allows administrative procedures and is valid for six months.
Opening a bank account and depositing the share capital
The founders must open a bank account in the company’s name and deposit the minimum share capital required by law. The bank issues a certificate confirming deposit.
Signing the deed of incorporation before a notary
The company is created by signing the public deed before a Spanish notary. Required documents include articles of association, provisional NIF, name certificate and partner identification.
Tax formalities and registration
After the deed of incorporation, the company must file tax form 600, register in the Commercial Register and apply for the permanent tax identification number (NIF).
Final administrative steps
After registration, the company must complete obligations such as registration in IAE, legalisation of accounting books, Social Security registration, employee registration and workplace opening notification.
Legal and tax support for entrepreneurs
Spain is an attractive destination for entrepreneurs thanks to its lifestyle, international connectivity and growing economy. However, navigating the Spanish legal and administrative system can be challenging without professional guidance. Our bilingual legal team provides practical advice tailored to foreign investors and entrepreneurs. We help structure your business correctly from the outset, ensuring compliance with tax, corporate and regulatory requirements. If you are planning to open a company in Spain or expand your existing business into the Spanish market, our lawyers can guide you through the entire process.