Starting your own business in Spain

Starting your own business in Spain - www.intro-law.com

Company Formation in Spain

Do you want to start your own business in Spain?

In Spain, there are different types of business forms to choose between. One of the most popular forms is the Spanish limited liability company (Sociedad Limitada) and the sole proprietorship (Autónomo).

Depending on which kind of company, you choose, there will be different requirements for the registration process. However, the first document you will need is the N.I.E. - number of the administrator/owner and registered address for the company.

For limited liability companies, the owner or the owners will also need to acquire a company bank account and pay the deposit for the shares, deed for forming the company and register the company in the local business register. In the case of a sole proprietorship, the process is different and the registration consists of notifications to the social system and the tax authority that the person is going to start an entrepreneurship.

Other things to take into account are the required contracts, insurances and possible registrations in professional registers for the economic activity that one is going to start, etc.

Our INTRO™ lawyers team will help you through the whole process, including finding a property for your business via our property search www.intromarbella.com (or an address service provider), formation and registration of the entity, assistance in opening a local bank account, insurances, etc.