Our Business Solicitors can help you, allow us tosummarize the process and options and explain you how it works in Spain
Are you thinking of setting up a Spanish SL company to carry on with your business here in Murcia or Orihuela Costa? Or are you maybe considering investing in Real Estate via a limited liability company due to the tax advantages? Our Business Solicitors can help you, allow us to summarize the process and options and explain you how it works in Spain.
CREATING A LIMITED LIABILITY COMPANY
The minimum share capital to set up a private limited liability company is 3.000 € and the process is quite straightforward:
First, we have to find a name for the company and request the appropriate certificate
Secondly, a bank account must be opened, and the funds deposited.
Thirdly, the articles of incorporation and memorandum of association will be draftedto reflect the company’s purpose.
Fourth, everything must be signed before a Public Notary.
Fifth and lastly, everything has to be registered and sent to the Spanish equivalent of Company House.
The process can be done quickly, since there is a special simplified process for certain business activities. Please, bear in mind that the Administrator will have to become self-employed to manage the company.
If you have any questions, don’t hesitate to contact our Solicitors in the Murcia and Orihuela Costa areas, we will assess with you your needs and advise on the best course of action.
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