Spanish company registration

Spain, a constitutional monarchy located in the southwest of Europe, shares the Iberian Peninsula with Portugal and borders France and Andorra in the northeast. Spain boasts developed manufacturing and tourism industries. It is one of the world's largest shipbuilding countries and one of the largest automobile producers, but only possesses a small number of national brands. The more widely known car brand in Spain is SEAT. Spain encourages foreign investment and is very friendly towards small and micro enterprises!

1. Advantages of registering a Spanish company

The geographical location is advantageous

Spain is located in the south of Europe, boasting a unique geographical advantage. Furthermore, Spain has a well-developed transportation network and a mature logistics system, ensuring the rapid and accurate delivery of goods

tax incentives

Spain offers various tax incentives for businesses, including value-added tax and income tax. By making rational use of these tax incentives, businesses can reduce operating costs and enhance their profitability

A comprehensive legal system

Spain boasts a comprehensive legal system that safeguards the business activities of merchants. Once a company is successfully registered, it can enjoy local legal protection and ensure the compliance of its business activities

Diverse business environment

Spain's diverse business environment provides sellers with a wide range of choices and development opportunities. Whether it's online or offline sales, you can find a business model that suits you in Spain.

Common company types in Spain

Sole proprietorship (Empresario Individual)

A sole proprietorship is the simplest business structure in Spain.

Partnership (Sociedad Civil)

Sharing responsibilities and resources, partners have the potential to possess diverse skills

Limited Liability Company (Sociedad de Responsabilidad Limitada)

It is one of the most popular business structures in Spain.

Listed company (Sociedad Anónima)

A public limited company (SA) is suitable for large enterprises. It requires a minimum share capital and can be listed on a stock exchange.

II. Information required for registering a Spanish company

1. New company names (at least 5);

2. Business scope of the new company;

3. Registered capital (paid-in from 3,000 euros);

4. Registered address of the company

5. Scanned copies of color passports and address proofs for shareholders and directors (passports can be notarized, while address proofs do not require notarization or certification)

6. Registration information form

7. A full set of company documents (if the shareholder is a company, the company information needs to be notarized and authenticated, and translated into Spanish; basically including the company registration certificate, articles of association, register of shareholders and directors, etc., with specific requirements varying from country to country)

III. Registration process of Spanish companies

1. Apply for a suitable company name: After the name is approved, a company name certificate will be issued. ‌

2. Open a bank account and deposit the registered capital: This certificate is used to open a bank account and deposit the registered capital according to the partnership ratio. The bank will provide a certificate of the deposited registered capital.

3. Perform notarization and certification of documents and apply for a personal tax card: Prepare the documents for notarization and certification, and simultaneously apply for a Spanish personal tax card. ‌

4. Submit documents to the commercial registration office: After successfully submitting the documents, you can proceed to the registration office to obtain the company registration certificate. ‌

5. Register with the tax bureau and obtain a company tax number: Tax types in Spain include value-added tax (VAT), personal income tax, and corporate income tax. ‌

6. Registration with the Social Insurance Bureau: From the date of registration, the employer must start paying insurance contributions. The employer will also obtain a company social insurance number. With this number, the employer can hire workers. ‌

Note: The legal representative must be covered by the employer's insurance and must hold more than 25% of the company's shares, while non-legal entity shareholders must hold at least 33% or more of the shares.