Setting up a Spanish Private Limited Company – what are the main features?

• Usual format for small and medium businesses
• Minimum share capital is €3,005.06, all of which needs to be paid up
• Minimum number of shareholders is one
• Annual audit is not usually required

Other Spanish business formats include:

• Sole Trader
• Joint Ownership
• General or Limited Partnership
• Branch or Representative Office

What is required to set up a Spanish company?

• A Spanish ID number (NIE) is required for all directors. This can be applied for via POA(Power of attorney).
• Minimum share capital to be deposited for a Spanish Limited company is €3,006.
• If an EU VAT number is  required for your Spanish company formation, then minimum is a Serviced/Physical Office.
• If only a local tax number is required, then a minimum of a registered office in Spain is required.
• A visit to Spain is required to form your Spanish company.

How long will it take to form my Spanish company?

Once you have your NIE number it takes 2-3 weeks for your Spanish company to be fully established. As soon as you sign at the notary, the company is a legal entity, and you may begin to invoice with the company. Please contact us for more information.

Additional services

Licensehub.in can assist you in setting up a company in Spain, as well as a whole range of professional services which include:

• Registered/virtual office services in Spain
• Spanish bank account introduction
• Accounting/payroll services in Spain
• Licencing requirements in Spain
• Warehouse/premises identification in Spain

Licensehub.in can provide you with an efficient and professional service in all aspects of Spanish company formation. Contact us today for more information on setting up a company in Spain.