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Business services

Company formation

Accounting and tax filing

Payroll

NIE application

Virtual office

Phone:
+34 933 941 778
USA: (786) 224-0405

Barcelona office:
Balmes 173, 4 2
08006 Barcelona
Spain
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Madrid office:
Hermosilla 59, bajo izq.
28001 Madrid
Spain
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Tenerife office:
Plaza 25 de Julio 4, 1D
38004 Santa Cruz
Spain
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lawyer in Spain
Company formation in Spain

The reasons we are the leader in company formation in Spain for international business people:

  • Lowest price: Free company formation when you use our accounting services for one year. Learn more.

  • Great service: With a single provider for all your needs, all your important documents -- company formation, taxes filed, payslips -- will be in your client area, accessible 24/7.

FAQs:
What are the costs?
How long will it take?
What are the steps to form a company?
What will I receive?
How do I get a NIE number?
Should I form a new company or buy a ready-made company?
What are the tax and accounting obligations for a company in Spain?
Can I avoid the trip to Spain?
Will the company have a VAT number?
Do I need an address in Spain for the company?
What is the minimum capital required for the company?
Is there any advantage to registering the company in the Canary Islands?

Articles:
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What are the costs?

You can either choose our flat fee of 1200€ for company formation, or choose our offer of free company formation when you pay one year of our accounting service (3155€). For both options, all the costs to fully create and register your sociedad limitada are included. The name certificate, notary and mercantile registry fee are paid by us.

Note that when you form a company in Spain, there are accounting and tax filing obligations. Keep this in mind when adding up the costs of establishing a company in Spain.

 

How long will it take?

Once you have your NIE, the following chart shows the time scale for the company to be fully established. However, if your company requirements fulfill the new regulations, then we can establish the company in one day. Please contact us for more information.

Task Time to complete
Get the name certificate 4-6 days
Prepare to sign at the notary 1 day
Get the company tax ID (CIF) 1 day
Receive mercantile registry certificate 15-30 days

 

What are the steps to form a company?

  • We order the company name.
  • We prepare your incorporation documents.
  • You come to our office and we go to sign at the notary.
  • We send you your company tax ID (CIF). At this point, you can starting invoicing your clients with the new company.
  • We register your company at the Mercantile Registry.

 

What will I receive?

When you establish a company with us, you will receive the following:

  • Company name certificate.
  • Company deed, including shares, bylaws, and title of ownership.
  • Company tax ID (CIF).
  • Registration at the Mercantile Registry and publication in the Registry's Official Bulletin.
  • Form 600 (stamp duty) filed.
  • Form 036 (tax ID registration) filed.
We have a client area where these documents will be available. As soon as the first document is posted, we will send you the login information. If you use our accounting and payroll services, all related documents for these services will also appear in your client area.

 

Should I form a new company or buy a ready-made company?

With a ready-made company ("shelf company"), you save the step of registering a new name (4-6 days). The problem is that in order to register the change of company director, the mercantile registry can take longer than it takes to register a new company. The law stipulates that a new SL must be registered in 15 business days, but there is no time limit specified for changes to an existing company. The bank account won't be in your name until the mercantile registry delivers the stamped company title, so if the use of a bank account is urgent, a ready-made company is not the best option.

 

What are the tax and accounting obligations for a company in Spain?

You are required to file tax forms every quarter, as well as yearly tax forms. You are also required to fill out four accounting books, and present them yearly to the Mercantile Registry. These requirements hold true even if your company has no financial movement. See our accounting page for more information.

 

Can I avoid the trip to Spain?

Yes, you can give us a power of attorney. Please contact us about the best way to get a power of attorney.

 

Will the company have a VAT number?

Yes, the company will have a Spanish tax ID (CIF), which is the VAT number. You will have the tax ID the day you sign at the notary. With the tax ID, your Spanish company can do business anywhere in the EU.

If the company will be exchanging frequent invoices with companies in the EU but outside Spain, then you may want to be listed in the EU VAT registry (censo VIES) so you won't have to bill and be billed for IVA in your EU transactions. While the requirements for approval in the EU VAT registry vary, one of the current requirements is that you have your own office or other permanent establishment. Please ask us for more details about this service.

 

Do I need an address in Spain for the company?

Companies incorporated under Spanish law are required to have a registered address (domicilio) in Spain. Your SL will be registered at the provincial Mercantile Registry corresponding to this corporate address. It is the public address that shows up if anyone does a search on your company, such as a credit search or a search for judicial reasons. It is also where your year-end accounting books get sent to.

If you choose to use our accounting service, then our address may be used for your registered address.

 

What is the minimum capital required for the company?

The minimum capital required is 3000€. This money is put directly into the new bank account for the company. You may withdraw this money from the account as soon as the bank account is fully set up.