Incorporating Spanish Companies

To establish an Spanish company is an easy and not much expensive process.

We are experts in incorporating all kind of companies, trusts or other legal associations in Spain: from the simplest civil society managing a little bussines, to the middle range limited liability company, or the big share capital company. This includes NGO, civil right associations, town planning associations, or real estate comunities.

We can offer Spanish on-the-shelf companies ready to use in only one day. You decide if you want to put your own director or a Spanish one provided by us. Our work also includes the day by day management of the Company, acting as a tax representatives and accountants before the Spanish authorities.

We manage Spanish properties and companies for people all around the World with business or real estates in Spain.

Get a Spanish company from our shelf

Our shelf companies are fully formed companies that have never been used. Rather than signing at the notary to constitute the company, you are signing to put the shares in your name.

Step 1: Get a NIE number

The director(s) of the company need a tax identity number (NIE) before the company deeds can be set up. You can either obtain the NIE in Spain or in a Spanish consulate abroad. We are willing to help you in the process of obtaining your NIE.

Step 2: Come to Barcelona to sign or send us a proxy and stay home

We go with you to the notary's office to sign the transfer of the shares to you and to set up all the related documents like change of directors and company official adress.

Step 3: Do your business

Total fees

Our fee of 1.999 € (plus VAT) includes all the costs to register the company in your name. (Obtaining your NIE is not included).

Once the signing of the shares is registered at the Commercial Registry, you will receive the company deeds, a permanent CIF (corporate tax ID), and a bank account for the company with online services in the language you choose. You may then wish to use MUNDILEX for accounting, payroll, and virtual office services.

Documents included:

• Registered with the Spanish Register of Companies
• Tax ID Number
• Notary registered guarantee of non-former activity
• Notary registered garantee of non-debt
• Immediately operational.
• A Spanish Bank Account with internet access.
• A Shareholders Register
• Authenticated Original registration (notary issued)
• Including article of incorporation and By-laws (Largely drawn for all commercial activity, unless you need to modify them).
• Accounting Statement.

Take advantage of our pre-incorporated limited liability companies:

• No need to put-up initial share capital, it's already been invested and registered by: that's 3006 € you will not have to put down
• Your company is operational in few days
• Avoid registration procedures in Spain which are extremely time consuming and expensive
• Our service is completely confidential and can be taylored to an individual customer's specific needs
• Our notaries have been carefully selected to make the system fluid, confidential and very fast.
• You get our guarantee registered by notary's act that the Spanish company has had no former activity and has had no former debt

We offer virtual offices in the centre of Barcelona as well as accountant services.

Incorporate your own company

First of all you must decide wether you will need a Sociedad Limitada (SL) or a Sociedad Anónima (SA).

What is the difference between a Sociedad Limitada (SL) and a Sociedad Anónima (SA)?

• An SL is similar to the British "Ltd" or the American "LLC", while an SA is similar to a corporation.
• Accounting for an SL is fairly simple, and in the first three years, you can apply for "simplified accounting". Accounting for an SA is more complicated, and yearly auditing is required.
• S.L. requires backing capital of 3006€ and SA 60,102€, though only 25% of this needs to be deposited in the bank at the time of incorporation.
• There is wide flexibility regarding how the bylaws can establish the administrative organization of a SL (sole director, joint directors, board of directors). The duration of the director's position is indefinite in this case, unless there is a limit stated in the bylaws. In the SA the bylaws must establish a concrete administration system. Any changes must be modified in writing. The duration of the directors' positions are limited to five years (with the possibility for re-election in equal periods).
• The SL Bylaws are flexible and can contain certain variations from the legal regime. In the SA there are more limited possibilities of establishing variations to the legal regime.
• Non-monetary Contributions in the SL can be made without the necessity of a report by an independent expert, since the SA need these contribution to be appraised by an independent expert.
• Share Transfers in the SL are limited when done to third parties. These limitations can be expanded or reduced in the bylaws. In SA there is freedom of share transfers, although the bylaws can also establish additional conditions.
• Meeting of Shareholders: in the SL can be called by direct communication to the shareholders, if the bylaws allow it. In SA The call for a Meeting of Shareholders should be published in the Official Bulletin of the Mercantile Registry, as well as in the newspaper.
• Dissolution:If the shareholders agree to dissolve the company, it is not necessary to publish the agreement in the newspaper in case of SL. In SA the agreement for the dissolution of the company should be published in the Official Bulletin of the Mercantile Registry and in the newspaper.

You might choose an SA:

• if you want to be able to sell stock or company bonds, or go public (IPO).
• as part of international estate planning.
• to establish a non-resident company in Spain.

Otherwise, you would choose an SL. Most companies formed are now SL's, and not only for small businesses.