Open your business / branch
Let our lawyers and specialists guide you in the process of opening your business in Spain.
You will save time, headaches and money.
The process of opening a business or a local branch in Spain, especially if you are from abroad, is not easy. There are many questions and hurdles. Which structure should I choose, where should I establish the company, what is the process o create the company are only some of the numerous questions you will ask yourself.
To save time, money and in particular choose the right structure to optimize the local taxes, you should rely on experts in spanish legislations.
Legal Advisory Spain has the experience, know-how and the team to accompany you through all the steps of the process.
Why should you invest in Spain
By investing in Spain, you will benefit from a long list of advantages. To underline some of them:
- Access to the dynamic European Market, its free movements of services and goods and its single currency
- A highly educated labour force at a competitive cost
- A very good infrastructure
- Investor-friendly policies with subsidies and grants to promote the job creation and knowledge transfer
- A stable political and economical situation
We will guide you to define where you should establish your company depending on your activity and how to benefit from all local advantages.
Choose the right business structure
The first decision that must be thoroughly studied is the format and its legal and fiscal implication
- Sole trader
- Autonomous
- Sociedad limitada unipersonal
- Limited liability company (Sociedad Limitada)
- Stock corporation (Sociedad anónima)
Watch our YouTube video on the steps to create a limited liability company (in Spanish)
The business structure has also its importance when opening a business in Spain. You may choose between
- Opening a branch office in Spain
- Opening a Representative office (oficina de representación)
- Opening a Subsidiary in the country
Steps to open a business in Spain
These are the steps to open a business in Spain
- First, you need to obtain a personal NIE number (Número de Identificación de extranjero)
- Then propose and validate at least 3 possible names of the company.
- Define the purpose of the company following the CNAE (National classification of the economic activities).
- You will then obtain a so called “certificate of uniqueness“
- Obtain a company’s Tax ID number (the CIF, Código de Identificación Fiscal). You may later ask for a European VAT number
- Open a bank account at the name of the company
- Define the shareholders and the shareholders agreement
- Sign the public deed of incorporation at the notary
- Then register it at the national and local tax authorities
From a labour and social security standpoint, the following formalities must be performed: learn more
How long does it take to open a business in Spain
The first step is the time required to evaluate the different company structure forms, depending on the headquarter’s objectives.
The second step is the time needed to create and validate all the paperwork and documentation: translations, official stamps, etc.
To become shareholder of the newly created company, every partner need to obtain a Foreigner Identification Number (NIE), a process that may take around a couple of weeks.
Finally, when all previous steps are fulfilled, the whole company creation process takes between 4 to 6 weeks.
How much does it costs to open a business in Spain
The cost of opening a business in Spain vary depending on different elements:
- The required documentation that differ if you want to create a local branch or simply open a company in Spain
- The capital stock amount
- The mandatory costs of notary, the local commercial registry, taxes …
- The lawyers and their service level provided
Contact Laver Advisory
Should you need any advice or information, please contact us by mail (mdominguez@laverconsultores.com) , phone or whatsapp (+34 932 929 930), or send us the following form. We will get back to you as soon as possible.
