Spain is a good destination for company registration due to its strategic location in Southern Europe, serving as a gateway to both European and Latin American markets. As a member of the European Union, it offers businesses access to a market of over 500 million consumers. The country boasts a well-developed infrastructure, including modern transport networks, efficient telecommunications, and a robust legal system that adheres to EU regulations, ensuring a stable business environment.

Spain's diverse economy is driven by various sectors, including tourism, manufacturing, renewable energy, and technology. The government has implemented numerous incentives to attract foreign investment, such as tax benefits, grants, and support for research and development activities. Spain's corporate tax rate is competitive, and recent reforms have aimed to simplify the tax system and reduce the administrative burden on businesses.

Moreover, Spain's robust legal framework for intellectual property protection and its adherence to international treaties provide a secure environment for businesses to innovate and grow. The country's banking system is well-regulated, offering a range of financial services to support business operations. With ongoing efforts to enhance digital infrastructure and support for digital transformation initiatives, Spain is positioning itself as a hub for technology and innovation.

Manimama ensures a seamless company registration process in Spain. Trust us to provide expert guidance and support, so your business can thrive from day one in Spain. Start your journey with confidence, knowing you have the best team by your side.

schedule a call

Legal Opinion about Spain as a Jurisdiction for Company Formation

Ganna Voievodina

Manimama

CEO

“Spain presents a compelling combination of economic stability, regulatory support, and a high quality of life, making it an ideal location for company registration and business growth. Contact us and we will help you to quickly complete the incorporation of your company in Spain”.

Send Request

Our Packages

Our comprehensive packages simplify the process of setting up the perfect legal entity for your business whether you are a small start-up, a non-profit company, or an international company. Let us guide you through every step, ensuring your business begins on a solid foundation.

Company Formation

Company formation in Spain
Opening a bank account

Order now

Additional Services

Registered address for 1 year
VAT registration

Order now

Documents

Apostille corporate documents (Certificate of incorporation and Articles of Association)
Document delivery

Order now

Key Numbers about Incorporations

at least 1

director for a company

up to 1 month

timeline for a company registration

€3,000

minimum share capital

25%

corporate income tax (CIT) rate

19-47%

personal income tax (PIT) rate

21%

value added tax (VAT) rate

Send Request

Set up Your Company in Spain in Several Steps

Step 1. Initial setup

Initiating a preliminary project assessment;
Preparation and filing of the package of documents

Step 2. Company registration

Choosing corporate name
Obtaining Spanish Tax Identification Number (NIF) / Spanish Foreign Tax Identification Number (NIE) for non-resident individuals who will be shareholders and/or appointed directors
Opening a preliminary banking account for contribution of the shared capital and supporting of the process of deposit
Facilitating the notarial process for the company's official registration
Registration in Mercantile Registry
Apply for a company Tax Identification Number (CIF)
Obtaining the Certificate of incorporation from Mercantile Register, Memorandum and Articles of Association
Obtain any necessary licenses or permits for your specific business
Registration in the Spanish Social Security, Seguridad Social, if the company will act as an employing entity and hire employees in Spain

Requirements for Company Formation in Spain

Before deciding to set up a new company in Spain, read the information below to understand the characteristics of a Limited Liability Company / Sociedad de Responsabilidad Limitada (SRL):

Shareholders: the company must have a minimum 1 shareholder. Both individuals and legal entities are eligible to hold shares in an SRL.

Director: the company is required to have at least 1 director. The director can be a resident or non-resident of the country.

Company secretary: no requirement.

Minimum share capital: the minimum authorized share capital for a SRL is €3,000.

Legal address: a registered office address in Spain is required for legal correspondence and official notifications.

Liability: the shareholders’ liability in a Spanish SRL is limited to their contribution to the company’s capital.

Accounting: company is required to prepare quarterly filings and annually balance.

Taxes in Spain

Corporate income tax (CIT)

The standard rate is 25%.
Companies with a turnover less than €1 million are subject to a reduced tax rate of 23%.
Newly established companies can benefit from a 15% rate for the first two profitable fiscal years, under certain conditions.
Submitting corporate tax in Spain involves a streamlined online process through the Agencia Tributaria’s website.

Personal income tax (PIT)

Spanish tax residents are liable to pay income tax on their worldwide income, once personal allowances have been taken into account.

The PIR rates are as follows:

up to €12,450 - 19%
from €12,451 to €20,200 - 24%
from €20,201 to €35,200 - 30%
from €35,201 to €60,000 - 37%
from €60,000 to €300,000 - 45%
over €300,000 - 47%

Value-added tax (VAT)

The standard rate is 21%.
The reduced rates are 10% (cultural activities; water used for irrigation or food for humans or animals; hospitality services; utilities such as electricity, natural gas, and any organic fuel; transportation; pharmaceuticals; vision correction items; real estate; etc.) and 4% (medicines for human use; physical media such as magazines, books, and newspapers; vehicles for persons with reduced mobility or with a disability; implants, prostheses, and wheelchairs; etc.).
The Agencia Tributaria provides the specific cases that qualify for VAT exemption: donations, health care, training courses, insurance, postal services, etc.

Double taxation avoidance agreements in Spain: Albania, Germany, Andorra, Saudi Arabia, Algeria, Argentina, Austria, Australia, Armenia, Azerbaijan, Belarus, Barbados, Belgium, Bolivia, Bosnia and Herzegovina, Brazil, Bulgaria, Cape Verde, Canada, Qatar, Czech Republic, Chile, China, Cyprus, Colombia, South Korea, Costa Rica, Croatia, Cuba, Denmark, Ecuador, Egypt, United Arab Emirates, Slovakia, Slovenia, The United States, Estonia, Philippines, Finland, France, Georgia, Greece, Netherlands, Hungary, India, Indonesia, Iran, Ireland, Iceland, Israel, Italy, Jamaica, Japan, Kazakhstan, Kuwait, Letonia, Lithuania, Luxembourg, Macedonia, Malaysia, Malta, Morocco, Mexico, Moldova, Nigeria, Norway, New Zealand, Oman, Pakistan, Panama, Poland, Portugal, United Kingdom, Dominican Republic, Romania, Russian Federation, El Salvador, Senegal, Serbia, Singapore, South Africa, Sweden, Switzerland, Thailand, Trinidad and Tobago, Tunisia, Turkey, Uruguay, Uzbekistan, Venezuela, Vietnam.

Start Your Company Formation Process with Manimama

There are numerous reasons why Manimama is the leading company formation agent in Spain:

Expertise in Spanish Regulations

1. Manimama has an in-depth understanding of Spain's legal and regulatory framework.
2. Our team ensures all legal requirements are meticulously met for a seamless company formation process.

Local and International Experience

1. With extensive experience in both local and international markets, Manimama can cater to a diverse range of business needs.
2. Our expertise spans various industries, providing customized solutions for each client.

Efficient and Timely Service

1. We pride ourselves on our swift turnaround times, ensuring your company is registered promptly.
2. Our efficient processes minimize delays and get your business up and running quickly.

Client-Centric Approach

1. Manimama prioritizes customer satisfaction by offering personalized support and guidance.
2. Our dedicated team is always available to address any concerns and provide expert advice.

Robust Network of Local Partners

1. We have established strong relationships with local authorities, banks, and service providers.
2. This network ensures that your business receives the best possible support and resources.

Ongoing Compliance Support

1. We provide continuous support to ensure your business remains compliant with Spanish laws.
2. Our team keeps you updated on any regulatory changes that may impact your company.

Frequently Asked Questions

How long does it take to register a company in Spain?

The process typically takes up to 1 month, depending on the complexity of the business structure and the efficiency of document processing.
What is the minimum share capital required for an SRL?

The minimum share capital for an SRL is €3,000.
Are there any restrictions on foreign ownership of companies in Spain?

No, there are no restrictions on foreign ownership. Foreign nationals can fully own a Spanish company.
Do I need a local address to register a company in Spain?

Yes, a registered office address in Spain is required for company registration.
Can I register a company in Spain remotely?

Yes, it is possible to register a company remotely, but it requires granting a power of attorney to a representative in Spain.
What is the corporate tax rate in Spain?

The general corporate tax rate in Spain is 25%, but there are reduced rates for certain types of companies and activities.
Can a single person register a company in Spain?

Yes, a single individual can register an SRL in Spain, known as a sole proprietorship limited liability company.
What are the benefits of registering a company in Spain?

Benefits include access to the EU market, a strategic location, a skilled workforce, favorable tax incentives, and a high quality of life.

Semen Kaploushenko

KUNA, CBDO

“Thanks to their work, we were able to start our business without any delays or problems”.

Vadym Grusha

Trustee Wallet, CEO

“I would especially like to note the friendly and considerate attitude of the Manimama OU`s staff, who were always ready to help and advise on any questions”.

Yuriy Soshenko

WhiteBit, CLO

"Manimama OU prepared all the necessary documents and accompanied us at every stage, which saved us a lot of time and nerves”.

Manimama as the Best Solution for Your Company Formation in Spain

Choosing the right partner for company registration is crucial for a smooth and successful business launch. At Manimama, our legal experts specialize in navigating complex legal landscapes, providing holistic solutions tailored to your needs.

Comprehensive Legal Expertise
Since our inception, Manimama has been at the forefront of tackling intricate legal challenges with innovative and thorough solutions. Our team of dedicated lawyers evolves alongside our firm, reflecting our people-centric philosophy and commitment to excellence.
Results-Driven Approach
Manimama is a results-oriented law firm that offers an extensive array of legal services to both individuals and corporate entities. We pride ourselves on maintaining the highest standards of integrity and a "client-first" approach, leveraging our extensive skills and knowledge to achieve the best outcomes for our clients.
Global Presence and Local Expertise
Our journey began with the establishment of Manimama OU's first European office in Estonia, a country renowned for its progressive regulation of virtual currencies, international investments, fintech, and gambling sectors. Estonia’s favorable tax system and digital-friendly investment climate provided a robust foundation for our expansion.
Community Commitment
At Manimama, we believe in giving back to society and making a positive impact. Our commitment to social responsibility is integral to our operations, ensuring that we contribute to making the world a better place while helping our clients achieve their business goals.

By choosing our company formation service in Spain, you are partnering with a law firm that values integrity, expertise, and client satisfaction. Let us help you set up your company in Spain and pave the way for your business success.