Frequently Asked Questions
What is the process for forming a company in Spain?
- Choosing a company name and ensuring it is available for use
- Drafting the company's bylaws and articles of incorporation
- Appointing directors and shareholders
- Depositing the minimum share capital in a bank account
- Filing the necessary paperwork with the Commercial Register
- Obtaining any necessary licenses or permits
- Registering for taxes and social security
What are the benefits of incorporating a company in Spain?
- Spain offers a favorable tax environment for companies and individuals, with corporate tax rate of 25%
- Spain has a modern and flexible legal framework for companies.
- Spain offers a skilled workforce and a strong economy.
What are the requirements for directors and shareholders of a Spain company?
- A minimum of one director is required for a Spain company.
- The minimum share capital required for a Spain company is usually €60,000
What are the ongoing compliance requirements for a Spain company?
- Spain companies are required to file annual financial statements with the Commercial Register.
- Spain companies are required to hold an annual general meeting and to keep accurate records of their meetings and resolutions.
- Spain companies are required to appoint a legal representative and maintain a registered office in Spain.
Please note that regulations and laws are subject to change and you should consult with a professional service provider or the Commercial Register for the most up-to-date information.