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| Company Type | Time to Incorporate | Cost |
|---|---|---|
| SL |
2 weeks | €1800 |
From our office in the centre of Madrid, we can offer services for the incorporation and maintenance of companies in Spain.
To form a limited company in Spain, the first step is we obtain a license to use the company name from the Registro Mercantil.
We then assist you in opening of the company's bank account. The share capital is €3000 and must be paid at the time of the incorporation.
It is best that any purchasers from abroad purchase property in Spain through a Sociedad Limitadas. This type of company may be owned by a foreign company, thus allowing the shares to be transferred more easily, which allows more flexibility and may affect tax charges in Spain at a later date.
When the property is sold, it is the shares of the holding company that can be sold, instead of the property itself. Therefore it is useful if the bank, or a legal firm or an accountancy practice keeps custody of the holding company's shares. In addition, it is useful if the holding company has no other purpose except for holding the shares in the property company.
You should use a unique company name that is not identical or similar to one that is already used by another company.
You need a Registered Office for your company in Spain and we can provide a registered office for your company if
required.
Decide who will be the shareholders of your company and the number of
shares you will issue to the shareholders in your company.
Decide who will be the directors of your company, only one director is required.
| Timescale | Cost |
| 2 weeks | € 1800 |