If you are investing in Spanish Properties or setting up your business in Spain, we recommend you to set up a Spanish Company, because:

• The liability is restricted to the share capital.


• There are accountancy advantages (company and business expenses are deductibles).


• Favorable Tax treatment (please check the link “Investments” to get more information about tax implications when purchasing properties by Spanish Company).

The minimum share capital required to set up a Company is € 3,000 (if Ltd Company) or € 60,000 (if Stock Company). You can decided on the Articles of Association (or Company’s Deed) how many managing directors and shareholders own the Company (just one managing director / shareholder is allowed by the Spanish Law).

The main steps of the setting up process are:

• To registry the Company’s Name.


• To open the Company’s Account and deposit into it the share capital.


• To sign the Articles of Association (or Company’s Deed) in presence of a Notary.


• To get the provisional Tax Identification Code for the Company (C.I.F. number).


• To pay the Stamp Duty Tax and arrange the registration of the Company at the Companies’ Registry.


• To run the Company activity at the Tax Office (it can be made when the Company’s Deed is signed as well).

GM Legal Experts will manage the whole process on your behalf, keeping you informed about every step made. Should you require further information about this service, please do not hesitate to contact us.