Starting a business in Spain
As Spain slowly pulls out of the economic doldrums, it can be a great opportunity for those businesses getting into Spain now: salaries and office rental is less expensive, there is less competition, and excellent employees may be found who have left failing businesses. Businesses focused on innovation and excellence can emerge in a strong position.
Strong Abogados is a wise choice to guide you to the right decisions for starting your business in Spain. Strong Abogados has been providing expertise for Spain's international business community since the year 2000. We offer a full range of business services in-house: incorporation, accounting, tax, and payroll.
Talk to us. We can help you choose the right options to establish your business in Spain with minimal tax burden.
| If you have a business outside of Spain: | If you're starting a new business: | |
| Create a branch office in Spain | Form a company in Spain | |
| Hire employees in Spain | Buy an off-the-shelf company | |
| Recover VAT tax paid to Spanish providers |
Articles:
Types of business entities
Doing business in Spain: tips for the business traveller
How to search for information about a company in Spain
Tips on corporate banking in Spain
Getting a business valuation in Spain
Tips on renting business premises in Spain
Use of a company credit card in Spain
Spanish ID numbers: NIE, CIF, VAT#
Corporate taxes
Government offices in Spain, with links
Types of business entities in Spain
The following chart summarizes the different types of business entities. In most cases, the choice is between Sociedad Limitada and Sociedad Anonima.| Business Type | Liability | # of Partners | Backing Capital | Taxation |
|---|---|---|---|---|
Empresario individual (self-employed) |
individual |
1 |
not required |
individual income tax, VAT tax |
Sociedad Limitada (limited-liability company) |
corporate |
1 to 50 |
minimum 3000€ |
corporate taxation |
Sociedad Anónima (corporation) |
corporate |
1 or more |
minimum 60,102€ |
corporate taxation |
Sociedad Colectiva (co-partnership) |
corporate |
2 to 50 |
0 - 250,000€ |
corporate taxation |
Sociedad Cooperativa (cooperative) |
corporate |
3 or more (if Cooperativa Laboral, 1 must be a Spanish citizen) |
minimum 25,000€ |
corporate taxation |
Sociedad Limitada Laboral (limited partnership) |
corporate |
3 or more (1 must be a Spanish citizen) |
minimum 25,000€ |
corporate taxation |