Start your Spanish business off on the right foot. We offer:
How long will it take?
Do I need a NIE?
What are the steps to form a company in Spain?
What information do we need from you to get started?
Will the company have a VAT number?
What costs are involved in forming a company in Spain?
Can a foreign company be the sole shareholder?
Can I avoid the trip to Spain?
What are the tax and accounting obligations for a company in Spain?
Why choose Strong Abogados?
NIE, CIF, VAT#: ID numbers
Tips on corporate banking in Spain
How to search for information about a company in Spain
Types of business entities
Guide to government resources
Tips on selling a business in Spain
A common situation is that you live in Spain and work for a foreign company. If the company wants you to be hired as an employee, then depending on the duration of your work, the company can either hire you directly or it can get a Spanish employer number to hire you. If you plan to work as a consultant, then the decision between self-employment and forming a company is primarily a tax decision based on how much you will be earning. Self-employment has an additional issue concerning invoicing the company (click here for more).
With an off-the-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, an off-the-shelf company is not the best option.