A major component of the economic growth refers to allowing the development of foreign investments
in a country. In this sense, Spain
is a jurisdiction which offers numerous programs designed to assist the increase of foreign direct investment (FDI)
, through local funding schemes
or through European programs
, as the country is a member-state of the European Union (EU). Our team of company formation representatives in Spain
can provide assistance to the investors who want to open a business
in the field of R&D
Open call for foreign investment in the Spanish R&D field
Foreign investors who want to open a company in Spain
in the field of research and development (R&D)
should know that they can apply for the open call
provided by the EU under the Investment Program for Foreign Companies in R&D Activities
. The program aims at the increase of R&D activities
in the case of companies
with foreign capital
established in Spain
and the total amount available under the funding scheme
is set up at EUR 2 million. Our team of company registration agents in Spain
can offer in-depth details on the legal aspects of the program.
Under the regulations of the program, foreign capital
should represent at least 10% of the company’s capital
. Those interested in company registration in Spain
must know that the 10% capital share of foreign origin
can also be represented by the participation of a third party foreign entity
Requirements for grants in Spain
In order to apply for this program, the legal requirements stipulate that both companies registered in Spain
, as well as those domiciled elsewhere may register, but there are different stipulations applicable in this sense.
Investors who are interested in the procedure of company formation in Spain should know that they must have a CIF number in order to apply.
Companies can receive funds of EUR 200,000 in a period of three fiscal years. At the same time, it is important to know that eligible companies have to carry out their business activities in the following regions of Spain:
• Canary Islands;
• Castilla la Mancha;
• Valencian Community.