Company Registration in Spain | Bon
The most common way to set up a business in Spain is a Sociedad Limitada (SL), the Spanish equivalent of a limited liability company. It is the standard choice for small and medium businesses because liability is limited to the capital invested and the minimum share capital requirement is low compared to other EU jurisdictions.
Setting up a company in Spain involves several sequential steps, and the order matters: the bank certificate for the deposited capital has to exist before the notary can sign the incorporation deed, and the deed has to exist before the Commercial Registry will register the company. We manage this sequence on your behalf so nothing stalls waiting on a document that should have been requested earlier:
- Reserving the company name with the Central Commercial Registry
- Obtaining a NIE (foreigner identification number) for the founders, if not already held
- Opening a Spanish bank account and depositing the share capital
- Drafting the articles of association and signing the incorporation deed before a notary
- Registering the company with the Commercial Registry and the tax authorities
- Obtaining the company's tax ID (CIF) and registering for the relevant taxes
We also advise on which structure fits your situation best, since a branch of a foreign company or a different company type may be more suitable depending on your plans and whether you already operate a business elsewhere in the EU. Once the company exists, we can continue with accounting and bookkeeping, licenses and permits, and support for residence permit applications linked to the new business.
Frequently asked questions
How much capital do I need to register an SL company in Spain?
The Sociedad Limitada has a low minimum share capital compared to most other EU company forms, which is one of the reasons it is the default choice for small and medium businesses. We confirm the exact current figure and deposit requirements at the start of your case.
Do I need to be in Spain in person to register a company?
Not necessarily. With a properly legalised power of attorney, most of the process, including signing before a notary, can be handled without the founder travelling, though some steps such as opening the bank account may require a personal appointment depending on the bank.
How long does company registration in Spain take?
Once the bank capital deposit and NIE numbers are in place, incorporation and registry entry typically take a few weeks. The NIE and bank steps are usually what determine the overall timeline, not the notary or registry stage itself.
Money-back guarantee
Long-term experience accumulated our experts are fully responsible for their quality of work and results. Good relationship with the Department of Immigration, Tax Inspectorate, the Social Insurance Inspectorate, Centre of Registers and other state and non-state institutions helps to ensure the highest quality services.
We do not operate in automatic machine principle and look deeper into the needs of each client. Whether it is business acquisitions, advice on migration, finance, accounting, or other issues - this is a unique process.
Only in this way we can ensure the highest quality services. Therefore, we provide our clients 100% money back guarantee if due to our fault you do not receive a temporary residence permit. We also guarantee that the company You will purchase has no debts or other liabilities. Our accounting services are insured, so if fees are wrong calculated, we or our insurance company will cover all losses.
RESIDENCE PERMIT
Process time for a temporary residence permit for each country depends on that country's laws. Usually it takes 2-6 months. If you have additional questions, the Migration Department may extend length of the proceeding up to 3 months. The answer may be a negative if the client:
- Was deported;
- Punished for crime;
- Has records in the police department;
- Other negative entries of personal biography;
- The information about the client is false, untrue;
- Going to false immigration.
If it turns out that the negative response to the temporary residence permit is due to one of these reasons, we will not return your money.
If the client has a clean biography and correct data about him/her, but due to our fault do not receive a temporary residence permit, in this case within 30 days we will return 100% of his/her money and will not ask for any compensation concerning experienced costs.
Business acquisitions and start-up
All of our sales companies do not have any debts or obligations. If you buy a new company (without any history), the company has absolutely no bookkeeping records. If you are going to buy an existing company with a history of activity, in this case you will provide the company financial reports and you will be able to assess the Company's status. If after the acquisition of the company, there would be unforeseen events and it would be our fault, we will take all the responsibility on ourselves.
Accountancy services and consultations
We take full responsibility for the provision of accounting services. Our accountants have many years of experience, good skills in preparing various reports to the state institutions; also we provide representation during an inspection. We look very responsibly to our work that is why we insured our employees from the possible errors, so if fees are calculated wrongly, we or the insurance company will compensate them.
