Spanish Company Formation

SOCIEDAD LIMITADA (S.L.)

Private Limited company. Liability is limited to the amount of capital paid up. Bureaucracy is less strict than for SAs. Most common form in Spain. Please contact us for assistance

SOCIEDAD ANONIMA (S.A. )

Public Limited company. Limited liability, shares may be transferred. Please contact us for further details.

SOCIEDAD LIMITADA LABORAL (S.L.L.)

Private Limited Liability Partnership – working shareholders control the company

SOCIEDAD ANÓNIMA LABORAL (S.A.L.)

Public limited liability Partnership – working shareholders control the company

SOCIEDAD COOPERATIVA (S.COOP.)

Not for profit organisation

COMUNIDAD DE BIENES

for property ownership (a public title deed is only requirement when the company holds property

EMPRESARIO INDIVIDUAL (AUTÓNOMO)

Sole trader Unlimited liability but less bureaucracy than S.L. No annual return.

Spanish Company Formation Structures

Subsidiary: Spanish SL 100% owned by a foreign company. For further assistance on this type of Spanish company formation structure and how we can help, please contact us.

Branch office: A Spanish branch office of a foreign company is considered a permanent establishment in Spain. It is fully dependent on the foreign head office (same as the Representative office) in terms of responsibility. The foreign HQ is fully responsible for all liabilities incurred by the Spanish branch. Please contact us for further details on this type of Spanish incorporation structure.

Holding company: Companies main activity is holding assets (direct or indirect shareholding of minimum 5%). Trading activities may also include offering services to the companies in which they invest and to the companies in the same corporate group.

Please contact us for assistance to structure a holding company. We can also assist with setting up European entities as part of the holding structure through our sister company www.openaeuropeancompany.com.

Spanish Company Formation - NIE Numbers

In order to open a Spanish company, individual shareholders and directors are required to obtain a Foreign ID number called an NIE (Número de Identidad de Extranjero)

Open A Spanish Company can assist with NIE applications as well as any type of Spanish company formation structure. We offer excellent value and a full service package, from small one shareholder enterprises to large corporations.

Apart from our specialist Spanish incorporation services, we can also provide assistance with opening Spanish bank accounts, VAT registration, both local and EU and virtual office or serviced office rental.

Once the business has been set up, we provide ongoing support through the provision of accountancy, payroll and tax filing as well as assistance with employment contracts and all related support work, regarding the financial administration of the new company.