Company creation process
The Entrepreneur’s Guide for Spanish Market is a seven-step framework to handle foreign entrepreneurs setting up their business in Spain.
Starting your own business is not just about having a good idea. There are real steps to ensure your business a successful start. What are the elements you should consider when launching your new business? This entrepreneur’s guide was thought and written to recount your business process step by step.
The first part that we could call “pre-creation steps” highlights the work you must do before creating your company in Spain. The second part describes all the steps that you need to perform as well as documents required to start a business in Spain. The third part deals with Spanish tax matters like corporation tax, income tax, and welfare costs for self-employed entrepreneurs. Regarding the fourth part, it concerns all “post-creation steps” whose the purpose is the effective implementation of your company in Spain. This part will provide you all the necessary information to optimize the launching of your new business in Spain.
Do you want to set up a business in Spain? Do not hesitate to download for free the “Entrepreneur’s Guide for Spanish Market: how to start a business in Spain”.… Continue reading
You want to set up your business in Spain? But, before you start, you still have some doubts remain?
You certainly said: “The crisis in Spain has weakened the market, the economic situation is critical, there is no opportunity to seize, and it is not the right time to start a business in Spain.” We will demonstrate in 15 points why it is advisable to create your company in Spain, all your doubts will be dispelled and you can finally get started on your entrepreneurship project with complete peace of mind!… Continue reading
The Spanish ETVE is a holding company even more advantageous than traditional Dutch and Luxembourgish holding companies.
Dividends remitted to a Spanish holding company by foreign subsidiaries are exempt from taxation. Be aware that this kind of company takes advantage of the most attractive European tax system with an exemption on profits from foreign subsidiaries which may arise from the distribution of dividends or capital gains from the sale of investments.
Culture, quality of life, access to talented professionals, technology and the opportunities that remain undiscovered make our country an attractive destination for entrepreneurship. Yago Arbeloa, president of the Association of Investors and Entrepreneurs Internet, believes that “the advantages we have are the climate, food and culture. Fancy living in Spain.”
Besides the quality of life, our country is attractive because it is part of the European Union, there is a legal certainty, is a bridge to Latin America and represents a market of 47 million people.… Continue reading
A business plan is a written description of your business’ future. It sets the direction for your business and keeps you on track once you’re up and running.
It may also be a requirement when seeking finance.
Your plan should reflect the current reality of your business, the environment in which it operates, and your present and future goals.… Continue reading
An NIE Number (Número de Identificación de Extranjero) is a tax identification number to be used in Spain.
Both EU citizens and non-EU citizens get issued an NIE. It consists of an ‘X’ or ‘Y’ followed by 7 or 8 digits then another letter.
The NIE is not a fiscal residency identification; you can have a NIE and be fiscal resident in another country.
The NIE number is needed in order to file taxes, buy property, set up a business, open a bank account, and for almost all other forms you fill out. When forming a company, everyone who will be directors and shareholders of the company will need a NIE. This is the first step in forming a company or in buying a shelf company.… Continue reading
Creating a company in Spain may be long and complicated. Indeed, it is required to carry out many administrative tasks. In order to get an effective company, two or three weeks will be necessary and you will be required to come several times in Spain.
However, there is an alternative to obtain your company in less than 24 hours.
You can buy a ready-made company. They are company previously registered with a view to being sold. They have not registered any activity and are of course free of any debt. They are registered in the Spanish Companies Register with a generic name that you will be able to change.