• [En]
  • [Fr]
  • [Es]
  • [It]
  • [De]
  • [Tr]
  • [Pl]
  • [Ru]

  +34 914 547 020

  office(at)lawyersspain.eu

+34 914 547 020
office(at)lawyersspain.eu
Company Formation Spain

CHECK COMPANY
NAME AVAILABILITY (Step 1)



Articles

Set up a Financial Company in Spain

Updated on Tuesday 19th December 2017

Rate this article
5 5 1
based on 1 reviews


Set-up-a-Financial-Company-in-Spain.pngStarting with 2008, the regulations applicable to the financial sector in Spain have been constantly modified, as a direct consequence of the economic crisis that hit the European countries. At the moment, the Spanish regulations available for financial companies are divided based on specific sectors and the investors who want to open a company in Spain in the financial sector will need to follow the incorporation procedures prescribed for their chosen field of activity. Our team of specialists in company formation in Spain can offer in-depth assistance on the structure of the legislative framework available for this economic field. 
 

Regulatory framework for Spanish financial companies  

 
Given the fact that the regulatory framework is divided on specific financial activities, investors interested in starting the procedure of company formation in Spain are required to respect the provisions prescribed by specific local institutions. 
 
The financial system in Spain is divided on three main categories, as follows:
 
banking institutions;
investment companies;
 
The main supervisory authority for banking institutions is the European Central Bank (ECB), following the introduction into the national legislation of the Eurozone Single Supervisory System (SSM). However, the main legal procedures for the supervisory activity in the field still belong to the local bank, the Bank of Spain
 
ECB is in charge with licensing banking companies in Spain and with prudential supervision. Investors who want to set up a banking company in this country are invited to address to our team of agents in company registration in Spain for further assistance on the requirements established in this sense.
 

Types of financial companies in Spain 

 
The financial sector in Spain is also regulated by the National Securities Market Commission (CNMV), established under the Securities Market Law 24/1988. The procedure on company registration in Spain stipulates a wide range of financial companies, which are available for foreign investors as well: 
 
savings banks;
cooperative banks;
private banks;
finance houses;
branches of foreign banks (registered in or outside the European Union);
investment funds;
investment companies
stock broker companies
 
Foreign businessmen may find out further information on the financial system available in this country from our team of consultants in company formation in Spain. Please contact our experts for professional consultancy services. 
 

Comments

  • Carmen 2017-10-17

    Thanks for the information! I would be interested in finding out the steps for opening a branch office here.

Comments & Requests


Please note that client queries should NOT be posted here but sent through our Contact page.

Meet us in Madrid and Barcelona

Federico spain.jpg

Call us now at +34 914 547 020 or +34 933 443 365 to set up an appointment with Federico Richardson, one of our specialists in company formation in Madrid and Barcelona. Alternatively you can incorporate your company without traveling to Spain.

As a Lecuidy Law Boutique SLP client, you will benefit from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Spain.

Contact us

Online Incorporation

tax-calculator-spain

Tax Calculator

tax-calculator-spain

Testimonials

cristian-darie-lawyer.png

I have had a very good collaboration with the specialists in company registration from CompanyFormationSpain.com. They answered to my requests rapidly and they managed to open a company in just a few days after I had sent all the required documents for my clients.

Cristian Darie, Partner of
Darie, Manea & Associates
www.rolegal.com

Read more testimonials

We Recommend ClientPedia

This website is marketed by ClientPedia

Banner-Promoting ClientPedia-244px.jpg

We accept online payments

paypal-logomic.png