Foreign investors interested in opening an IT company in Spain
should be familiar with the commercial legislation
available here. Investors who are citizens of the European Union (EU)
can open a business in Spain
without any restrictions; citizens outside the EU space are limited by several restrictions, in the sense that they should receive a visa and that they should make the proof of the fact they have a minimum capital that can be invested in the company; our company formation agents in Spain
can offer you assistance on the incorporation of an IT company
Registration procedure in Spain
The incorporation procedure lasts approximately two weeks and it is comprised of the following steps:
the proposed company name can be requested by the founding partners at Central Mercantile Registry
, which will issue a certificate stating the uniqueness of the company name
• opening a bank account for the company – the investor is required to deposit the minimum capital for the company, in accordance with the legal entity chosen at the registration process;
• complete the Single Electronic Document, which is filed at the Ministry of Industry, Energy and Tourism; the document can be filed on the online platform of the Ministry; from there, the document is sent to the tax agency, social security agency and to the commercial registry.
• receive the public deed of incorporation from a Spanish notary;
• receive the fiscal identification number;
• pay the municipal tax;
the Town Council where you have registered your company must receive a notification stating that the company has started its commercial activities; our Spanish company formation agents
can offer you consultation on this process.
Legal entities in Spain
Persons who want to open a company in Spain should know that they can incorporate the business under several legal entities, available under the Spanish legislation.
The most frequent legal entities in Spain are:
• public limited company;
• new enterprise limited company;