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Spain is a popular destination for foreign investors looking to establish a company due to its strategic location, skilled workforce, and business-friendly environment. However, forming a company in Spain can be a complex process, with specific requirements and procedures that must be followed.
The most common form of business entity in Spain is the Sociedad Limitada (SL), also known as a Limited Liability Company. This type of company requires at least two shareholders and a minimum share capital of €3,000. The shareholders are only liable for the company's debts to the extent of their capital contribution.
Another popular form of company in Spain is the Sociedad Anónima (SA), also known as a Public Limited Company. This type of company requires at least five shareholders and a minimum share capital of €60,000. The shareholders are not personally liable for the company's debts.
In order to form a company in Spain, several steps must be taken. These include:
Once the company is formed, it will be subject to Spanish corporate income tax, VAT, and other taxes. It is important to have the help of a professional advisor or lawyer to assist with the company formation process and ensure compliance with all legal requirements.
In conclusion, Spain is a popular destination for foreign investors looking to establish a company. However, forming a company in Spain can be a complex process, with specific requirements and procedures that must be followed.
Spain offers a variety of company structures that are suitable for different types of businesses and investment activities. These include:
It's important to note that each type of company has its own legal and financial requirements, and it's recommended to seek the assistance of a local lawyer or accountant to ensure that the chosen structure is appropriate for your business and that all the legal requirements are met.
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Everyone has questions forming a corporation or LLC. You are not the only one. Therefore we have put together this FAQ page to address the most important issues.
See below for the questions we hear the most, and read the answers you need to know. If you don’t see your question below, please call or email us.
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