Spain Company Formation

The directory listing gives the address Calle Villalar, 7, Bajo Izquierda, Madrid, Spain, and the telephone number +34 938 07 40 56. The site also offers an online contact form for enquiries.

Their site states that standard company registration costs around EUR 425 as a government fee, with 1.5 to 3 months processing time, while urgent company formation is around EUR 600 and ready in one week. Legal fees are quoted at around EUR 3,900, a virtual office package starts from EUR 25 per month and accounting services start from EUR 150 per month for small companies.

The minimum share capital for an LLC in Spain is EUR 3,000, and at least one shareholder is required. The most popular structure for international clients is the Spanish S.L. (Sociedad Limitada).

The site says an LLC can be incorporated in about 5 weeks, while standard registration is given as 1.5 to 3 months and urgent formation as ready in one week. The company NIF and a digital certificate must be obtained as part of the process.

Shareholders and directors must have an NIE, the Spanish ID for foreign citizens, and the company needs a registered address in Spain, a reserved business name, articles and memorandum of association, a company tax ID (NIF), a digital certificate, a local bank account and a power of attorney for a company representative. If the owner lives in Spain and holds more than 25% of the shares, they must register with the Spanish Social Security as an autónomo societario.