Company registration in Spain
Reasons to open company in Spain
European Union membership and political stability
It is useful to have an operating company in Spain because the country belongs to EU. Free movement of goods, capital, services and labour opens for the foreign investors wide business opportunities for their business development and growth. In addition, Spain is an active member of NATO alliance. A stable country‘s political situation and diplomatic relations guarantee development opportunities for companies doing business in Spain, and reduces the risk of potential conflicts and disagreements with other countries.
Geographic location and climate
Spain has a perfect location for any business wishing to develop in Western Europe. Spain has access to the Atlantic Ocean and the Mediterranean Sea with numerous of large and good seaports. The predominantly Mediterranean climate with mild witners and hot and dry summers makes the country very attractive for the visitors, potential customers and business investors. Also, Spain is full of business opportunities in various different locations for starting a business in Spain – starting from the capital Madrid to Las Palmas or Valencia. According to the World Bank, doing business in Spain is easiest in the cities like Madrid, Valencia, Barcelona, Las Palmas. The aggregate ranking on the ease of setting up a business in Spain is based on 4 indicators: starting a business, dealing with construction permits, getting electricity and registering property.
Since joining the Eurozone, economic growth in Spain has been well above the EU average. For the past several years, the country has experienced one of the strongest rates of GDP growth in EU. Also, the Spanish tourism industry has grown to be the second largest in the world. According to the World Bank, Spain‘s economy is the ninth largest worldwide and the fifth largest in Europe. Therefore, doing business in Spain may be very advantageous and profitable for the new market players – foreign investors.
Business development opportunities
Spain can offer many developing benefits for new and profitable businesses like low labour an transport costs. Being a member of EU, country benefits from he transit of goods within EU without unnecessary formalities, including exchange rate fluctuations and transaction costs. Also, EU is very generous towards Spain with its structural and cohesion funds. Moreover, Spanish Government offers various incentives and flexible policies for developing businesses like creating a welcoming environment for foreign investments.
What can we offer for you?
Our services when incorporating a company include
We are always more than happy whenever we can helo you and assist in starting a business in Spain. We really know how hard it is to enter a new market and that you need only the best support and most professional and honest consultancy at the beginning. Therefore, our company is always ready to help you to find new business opportunities in new markets. If you want to setup things in a right way at the very first time when starting a business in Spain, then we are ready to help you with:
- Registration of the name of a newly registered company;
- Preparation of the articles of association;
- Preparation of documents necessary to obtain the taxpayer code;
- Assistance in preparing a business plan;
- Assistance in opening a bank account (a person must come personally to open a bank account);
- Preparation of all necessary documents to be certified by a notary;
- Virtual address (if necessary);
- Accompanying of a client to various institutions;
- If necessary, representation in the institutions by power of attorney (with the exception of opening a bank account, in this case, the person performing this action has to come personally to the bank).