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| Guide to setting up a company in Spain |
| The steps in setting up a company are as follows: |
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| 1. Applying for clearance for the company name (giving 3 alternatives). |
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The first step will be to get a certificate (Certificado de denominación negativa) from the Companies Registry stating that the name we want to use is available – that is, not in use or already taken by any other party. |
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The application must be submitted by one of the shareholders, therefore we require copies of the shareholders' passports. |
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| 2. Writing the articles of association. |
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You will need to:
- Appoint directors. The board may consist of a Sole Director or Joint Directors.
- Specify the type of business activity.
- Specify a business address.
- How many shareholders and how the shares are distributed.
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3. Opening a bank account and depositing the capital: minimum €3,006 for an SL (Limited Company). |
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4. Signing the Company's Deed of Incorporation with POA (power of attorney) or attending the notary's office with you. |
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| 5. Applying for the Director's NIE (Foreigner's Tax ID Nº). |
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| 6. Applying for the Company's CIF (Tax ID Code). |
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7. Paying the taxes required by Spanish law (1% of the Company Capital). |
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8. Registering the Company in the Companies Register (Registro Mercantil). |
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We can also help you with:
- Registration of any brand name.
- Accountancy and bookkeeping.
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