Can a non-resident register a company in Spain?

Yes. A foreigner may be a founder and administrator of a Spanish SL. Identification documents must be prepared, the required Spanish tax or personal identification numbers obtained, and notarial, corporate and banking checks completed.

Can an SL be opened remotely?

In many cases, the main part of the procedure can be completed through a representative acting under a notarised power of attorney. However, the procedure for obtaining an NIE, executing the power of attorney, bank identification and signing documents depends on citizenship, structure and the requirements of the particular institutions.

A foreign individual who participates in notarial incorporation, becomes a shareholder or administrator of the company usually requires an NIE. For foreign legal entities, a Spanish tax identification number is obtained and a separate package of corporate documents is prepared.

What is the current minimum share capital for an LLC (SL)?

The “Crea y Crece” law allows a company (SL) to be registered with share capital from €1. However, the company will be required to allocate 20% of its annual profit to the legal reserve until the combined amount of share capital and reserve reaches €3,000.

Can every startup pay 15% for four years?

No. The extended regime for empresas emergentes requires ENISA certification and compliance with requirements concerning innovation, scalability, age, turnover, structure and presence in Spain. Without such certification, the general rules for newly established companies apply.

REGISTRATION OF AN INDIVIDUAL ENTREPRENEUR IN SPAIN ᐈ

The procedure for registering an individual entrepreneur in Spain

To register as an individual entrepreneur in Spain, you will need to obtain a tax number (Número de Identificación Fiscal – NIF).

To do this, you need to contact the local office of the tax administration agency (Agencia Tributaria) and submit the relevant documents.

In Spain, an individual entrepreneur can choose between different forms of taxation, such as the simplified taxation system or the general taxation system. The choice depends on the nature of your activity and the amount of profit.

After obtaining the tax number and choosing the form of taxation, you must register your business activity in the register of individual entrepreneurs (Registro de Empresarios Individuales). This can be done online or in person at a local office.

Opening a bank account for an individual entrepreneur in Spain

Usually, a bank account is required for business activities. Therefore, before registration, it is necessary to choose the optimal bank and open an account.

After registration, you will be provided with documents that confirm your status as an individual entrepreneur.

It is important to include your tax number and other information on all official documents.

Based on the above data, the registration of an individual entrepreneur in Spain is an important step for doing business in this country.

The procedure includes obtaining a tax number, choosing a form of taxation, registering relevant documents, and possibly other stages depending on the nature of your activity.

For successful registration, it is recommended to contact specialists in the field of law or tax consulting in order to comply with all requirements and avoid misunderstandings in the future.

Leave a request on the website or call the indicated phone numbers and receive a comprehensive consultation or full legal assistance in matters related to the registration of your business in Spain.