Setting up a startup in Spain

Setting up a startup in Spain

Setting up a startup in Spain can be an exciting and rewarding experience. With its vibrant startup ecosystem, supportive government policies, and favorable business climate, Spain has become a popular destination for entrepreneurs looking to start and grow their businesses.

The most common legal structures for startups in Spain are sole proprietorship, limited liability company (SL), and corporation (SA). Each structure has its own advantages and disadvantages, so it is important to choose the one that best suits your needs.

You need to choose a name for your company and check its availability with the Central Commercial Registry (Registro Mercantil Central). Once the name is approved, you need to register it with the Commercial Registry (Registro Mercantil) in the province where the company will be headquartered.

After registering company with the Spanish Commercial Registry you need to get obtain a tax identification number (NIF). You will also need to open a business bank account and obtain any necessary licenses and permits for your business activity.

 

Popular Topics

Facebooktwitterredditpinterestlinkedinmail