Company Creation in Spain
Are you thinking about starting a business and don't know where to begin? In Spain, setting up a company can be an exciting process, but also a complex one due to the legal and administrative requirements. In this article, we will explain to you step by step how to set up a company in Spain and how to Eurolex Study can help you simplify this process so you can focus on what really matters: growing your business.
What does a business advisor do and why do you need one?
Why start a business in Spain?
Spain is an attractive place for entrepreneurs for several reasons:
- Growing economy: It offers opportunities in sectors such as tourism, technology and services.
- Access to international markets: Its strategic location facilitates trade with Europe, Latin America and Africa.
- Initiatives to support entrepreneurs: There are grants and subsidies for new businesses.
However, the process of creating a business requires compliance with certain regulations that can be overwhelming without proper guidance.
Key steps for setting up a business in Spain
Defining the legal form of your company
The first step is to decide what type of business you are going to create. Some of the most common forms include:
- Autonomous: Ideal for self-employed workers.
- Limited Company (SL): Requires a minimum share capital of €3,000.
- Public limited company (SA): More suitable for large companies, with a minimum capital of €60,000.
- Cooperative: Perfect for collective projects.
Why choose Estudio Eurolex as your business advisor in Madrid?
Choosing the right advisor is a strategic decision for any business. These are the reasons why Estudio Eurolex highlights:
- Proven experience: More than 15 years advising companies in Madrid and helping them achieve their goals.
- Personalized attention: We design tailor-made solutions for each client, ensuring that we cover all your needs.
- Multidisciplinary team: We have experts in key areas such as taxation, law, accounting and human resources.
- Commitment to success: Your growth is our priority. We work with you to overcome any business challenge.
2. Request the name of the company
It is necessary to verify and reserve your company name in the Central Commercial Registry.
3.Draft the articles of association
The statutes define the operating rules of the company and are mandatory for any company.
4. Open a bank account and deposit the share capital
You must open a business account and deposit the minimum capital required for your type of company. The bank will provide you with a certificate for subsequent procedures.
5. Registration in the Commercial Registry
Your company must be officially registered to obtain legal status.
6. Obtaining the CIF
The Tax Identification Code (CIF) is essential to operate legally. It is requested from the Tax Agency.
Registration with the Treasury and Social Security
You must register your company with the Treasury to comply with tax obligations and with Social Security to hire employees.
H2: Why trust Estudio Eurolex for business creation in Spain?
When choosing Eurolex Study, you ensure that the entire process is smooth and hassle-free. Here are some of the reasons why our clients trust us:
- Proven experience: More than 15 years helping entrepreneurs achieve their dream of having their own business.
- Regulatory knowledge: We stay up to date with the latest regulations.
- Personalized attention: We adapt to the specific needs of your project.
Saving time and effort: We let you focus on developing your idea while we manage the paperwork.
How long does it take to start a business?
Depending on the legal form and procedures, the process may take between 15 and 30 business days.
Can I create a company without being a resident in Spain?
Yes, but it is necessary to obtain a Foreigner Identity Number (NIE) to be able to operate legally.
What documents do I need?
- Identity document of the owner or partners.
- Company name certificate.
- Bylaws.
- Bank certificate of share capital.
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