COMPANY INCORPORATION SERVICES IN PALMA DE MALLORCA

Starting a business in Spain can be difficult. Avoid weeks of paperwork and confusion. Bufete Quadrant can set your organisation up within a few days. Let us resolve the complex process of company formation in Spain.

Benefits at Bufete Quadrant

We can help you find the right business structure, while also focusing on the company size, purpose, how many shareholders you will have and so on. The Spain Company Formation services include:

Consulting on which company structure is most suitable for you.

Help with getting the “Certificación Negativa del Nombre” (this certificate shows your company name is valid and not taken).

Registering your company at the local mercantile register.

Help with applying for the company tax identification number (VAT-number).

Getting the Deeds of Incorporation signed with power of attorney.

Write the official company statutes (escritura de la constitución).

Filling out of the company tax payment forms.

Help with getting the right company bank account.

Help with getting a real postal address.

How does our company formation service work

We will make sure you properly deal with the Spanish company registration and tax authorities, and won’t have any legal difficulties or expensive changes in the future. Contact our business experts, and get help to start your business in Spain. When you contact us and explain your situation, we can give you an all-inclusive quote for the work that will be involved with your specific company formation. The cost can include taxes involved, land registry fees, and notary fees, consulting fees, etc.

When we Contact we will need some information. These include the company activity, passport copies, personal shareholder details and the NIE numbers (if already available). In case you are not in Spain, our lawyers are still able to arrange the company formation via the power of attorney. We make it easy for you by handling the entire process, while making sure the experience is seamless and convenient.

Frequently Asked Questions

There are many type of entities in Spain:

  1. Sole Trader/Sole Proprietor (Empresario Individual or Autónomo)
  2. Public Limited Company (Sociedad Anonima /SA)
  3. Partnership (Sociedad Civil)
  4. New Enterprise Limited Company  (Sociedad Limitada Nueva Empresa/SLNE)
  5. Limited Liability Company (Sociedad Limitada/SL or Sociedad de Responsabilidad Limitada/SRL)
  6. Co-ownership (Comunidad de Bienes/CB)

The two main types of companies that are recognized in Spain are The Joint-Stock Company and the Limited Liability Company.

The main difference is that the Joint-Stock company is most appropriate for large companies. In contrast, the Limited Liability Company is a better-fit for shareholdera that do not need a large amount of capital.

Yes, a Spanish company can be formed by a single individual, and you can be the sole director and shareholder of the company.

The answer is Optional. All of the incorporation process can be done using a Power of attorney.

However, PoA should include a cover application for the tax identification numbers of the company’s directors and shareholders before a Spanish notary.

The minimum share capital will depend on the type of legal entity you adopt. For the Joint-stock company, the minimum share capital is € 60.000, while the limited liability company costs € 3.000.

Yes, a limited liability company can accommodate almost any type of investment. However, sectors such as pharmaceutical, fund management, insurance, or banking must be carried out through a Joint-Stock company.

No, Foreigners can incorporate a company in Spain. However, you will need a unique identification number (NIE) to carry on with the process.

Yes, all companies need a registered address in Spain. If you don’t have one, Bufete Quadrant can provide you with a service address.

 
 
 
 

The (Numero de identificacion de Extranjeros- NIE) is a tax identification number of Spain’s foreigners. This unique number allows you to carry out any economic activity in Spain, including buying a house, starting a company, or when appointed as a company’s administrator.

Don’t believe in fake promises. Incorporating a company in Spain takes several days, and it depends on the complexity of each case, including (NIE requirements and shareholder’s nationality).

Why not get in touch with the Bufete Quadrant experts to get a more accurate idea.

A proof of the foreign investor’s existence will be needed by the tax authorities and the Spanish notary. A notarial affidavit (with the correct wording) document is the preferred document for this purpose. Except for an excerpt of a public body, such as the chamber of commerce, the company’s house, or the mercantile registrar could be used.

Yet, we strongly recommend the notarial, as a result of our experience.

Contact us for comprehensive support

Get a grip on your financial administration with our accountant in Palma De Mallorca
Scroll to Top