Tuesday, September 15, 2015
How to set up a company in Spain
A foreign investor who wants to open a company in Spain should follow a few steps before starting his own business in this country. The first step is choosing the proper type of company for his business and this can be done easily with the help of a local lawyer who can present him the main advantages and disadvantages of each type of company available in this country.
Then, the foreign entrepreneur must decide the name of his company, verify it with the Trade Register for availability and draft the documents for the incorporation. If you are interested in finding out what documents you need and the conditions for starting a company in Spain, such as the minimum share capital or the number of shareholders, you may contact a Spanish attorney. He may represent you in front of the local Trade Register for the incorporation procedure, so you don’t have to spend time to travel to Spain for bureaucratic procedures.
After the foreign investor receives the registration certificate and the incorporation is published in the gazette of the Trade Register, he is allowed to start the economic activity.