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Starting a business in Spain doesn’t always need to be an arduous process. Depending on the type of company you are setting up, however, you might find the journey somewhat bureaucratic and long-winded.
EU citizens setting up as sole traders or partnerships can jump through the required hoops relatively quickly. It’s a different matter, though, for expats from outside of the EU; they will require a work permit to move to Spain and set up a business.
With a range of different business structures available, setting up a limited company can be both time-consuming and expensive. This is largely due to the Spanish government invoking minimum financial requirements for those looking to incorporate in Spain.
SPAIN
Companies and individuals in Spain are required to pay the following taxes:
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A 15% tax rate applies to newly created companies during their first two fiscal years in which the taxable base is positive.
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1% is the applicable rate for investment funds.
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0% is the applicable rate for Spanish REITs (known in Spain as SOCIMIS)
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30% is the applicable rate for bank institutions and companies belonging to the hydrocarbons industry.
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0% applicable to charitable entities, nonprofits and pension funds.
Requirments:
By ordering our service, you get:
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3000 Euro Statutory capital
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Minimum 1 shareholder
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KYC/KYB procedures
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No local director requirement implied
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Legal address with correspondence service for a year (renewal 890 EUR/year + VAT)
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Registration in all necessary authorities and obtaining tax and identification numbers
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Submission of mandatory tax returns and applications to the register of beneficiaries
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Consultation on the chosen direction of activity
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All registration fees
Prices:
Company registration - 1890 Euro
If you need to register a company in Spain with additional services (open a corporate account, get a VAT number, business license), check the total price individually with our lawyers.