IMPORTANT INFORMATION ABOUT DOING BUSINESS IN SPAIN

  • Types of companies in Spain

    The most popular companies among foreign investors are:
    • Sociedad Limitada (SL); and
    • Sociedad Anónima (SA) because of their limited liability.
    • The minimum share capital for SL is EUR 3,000, for SA - EUR 60,000 (partial payment is possible).
    • Business registration involves entering the Trade Register and obtaining a CIF (tax identification number).
    • Preparation of the registration certificate requires a careful approach, taking into account the nuances of Spanish corporate law.
    Sign up for a first free consultation with us, where we will explain these nuances.
  • Taxes

    • Corporate income tax for new companies is 25%, with reduced rates available in certain regions.
    • Permanent establishments of non-residents are also subject to this tax regime.
    • The standard VAT rate (IVA) is 21%.
    • The key aspect is also the fulfillment of registration and invoicing requirements.
    • Strategic tax planning, double taxation treaties and local incentives, particularly in the renewable energy and technology sectors, can be used to reduce tax burden and risks.
  • Bank accounts and finance

    • The process of opening a bank account may require the presence of company representatives and a thorough verification procedure.
    • Spain's banking sector includes both local and international institutions offering comprehensive services to support businesses.
    • Understanding the best practices of financial management in the Spanish context, together with knowledge of the specifics of the banking sector, guarantees uninterrupted financial operations for your business.
    We help with opening bank accounts in Spain on a turnkey basis and provide advice on financial matters.
  • Laws on employment and labor

    Spanish law provides strong protection for employee rights, including aspects of employment contracts, working hours, minimum wages and dismissal procedures. Understanding and complying with these rules is essential for effective HR management and legal compliance.

    We recommend engaging local experts to draft employment contracts and resolve labor disputes.
  • Real estate

    The choice between urban centers and remote locations depends on operational needs, cost considerations and strategic market access.

    We know how to properly conclude local real estate transactions and negotiate lease terms effectively. We will be happy to assist you.
  • Access to the market

    The Spanish market is a gateway to 47 million consumers and access to Latin American markets.

    Researching industries and studying market dynamics, especially for e-commerce, opens up new opportunities for growth.
  • Protection of intellectual property

    Thorough trademark, patent and copyright protection in Spain and the EU strengthens your competitive advantage and protects your business assets. Gain an edge in your business with our expert support in registering and protecting your intellectual property, including EU unified systems.
  • Data protection and privacy

    Compliance with GDPR and data protection regulations is key to successful business practices in Spain. Implementing a strict policy and possibly appointing a data protection officer (DPO) demonstrates a commitment to regulatory standards and maintains customer trust.
  • Business support

    Spain provides a variety of support for businesses, including in the areas of innovation, exports, and regional development. Collaboration with local economic development agencies and the use of available grants, tax incentives and support programs can help accelerate business growth and expansion.
  • Legal and professional assistance

    The complexity of Spain's legal and regulatory environment for non-residents underscores the importance of specialized legal and tax advisory services. Gain an advantage in the Spanish market with our expert support.

    Our experienced legal and financial advisors with a deep understanding of Spanish corporate law, taxation and industry regulations will help you not only with compliance, but also with strategic positioning for successful business in the Spanish market.

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