How to set up company in Spain

How to set up company in Spain

How to set up company in Spain


Today we will talk about the necessary procedures to create a company in Spain while abroad. Undertaking, from the idea of ​​the project, through the effective implementation of the business plan to the development of the activity itself, is not easy.

The complicate thing is if we add the additional obstacles of being an immigrant, such as the problems of linguistic comprehension, the adaptation of the idiosyncrasy to a new context, culture and lifestyle, the management of the numerous procedures and necessary permits and the rest.

If you are concerned about the paperwork in the way of establishing your company in Spain, do not be overwhelmed. You can always count on the help of a professional consultancy that provides you with quick solutions and can guide you in your adaptation process as an entrepreneur.

For this our agency specialized in advising companies, national leaders in their sector, will help you how to set up a business in Spain. So you can focus all your energy on evolving and running your business.

Can a foreign company create a company in Spain?

The possibility of creating a company in Spain as an immigrant exists. If the intention of the entrepreneur is, in addition to forming and owning the business, working on it, then it will be required to have a residence and work permit on his own.

What type of company can you set up in Spain and what does each one offer you?

How to register as a freelancer online and in two easy steps

In the case of being part of a business project only as a capitalist partner, as long as the work is carried out by hired personnel or Spanish partners who have a work permit in Spain, it will not be necessary to process this type of authorization.

Requirements for how to set up a company in Spain as a non-community immigrant

In the first place, obviously, not being a citizen of a State of the EU, European Economic Area or Switzerland, since the corresponding regime would apply.

No criminal record in Spain in any of the crimes included in the Spanish code, as well as in the other countries in which the interested party has resided.

Not to be in an irregular situation in the country. Therefore, not to have the entry prohibited, not to be rejected in Spain or any of the territories with which there are agreements in this area, as well as being out of the commitment period of no return to Spain after voluntarily returning to the country of origin .

Have professional qualification required or accredited experience for the exercise of your specific activity, as well as, if necessary, professional membership.

Be able to justify the ability to cover the investment planned for the start-up of the project, as well as reflect if there is the possibility of generating new jobs in Spain.

Accreditation of having the economic capacity for maintenance in addition to the expenses deducted from the development of your professional activity.

Comply with current regulations regarding the opening and start-up requirements of the business.

Requirements for how to set up a business in Spain if you are a European citizen

Fortunately for you, if it is your case, the current agreements between the member countries of the EU and the territories included in the European Economic Area, state that:

· Any EU citizen has the right to: create his or her own company (even as a sole proprietor) in any EU country (or Iceland, Norway or Liechtenstein).

· Create a branch or subsidiary of an existing company that has its registered office in the EU and is already registered in an EU country.

Basic procedures for how to set up a business in Spain as a foreigner

Once we are clear that we meet the requirements mentioned in the previous section, the immigrant who intends to start and create a company in Spain will have to present the following documentation, attaching the original copy of each procedure translated into Spanish or co-official language of the territory, in the Office Spanish consulate corresponding to your country of residence.

1. Printed in duplicate of the application EX-07, correctly completed and signed.

2. Full copy of the valid passport or travel title with a minimum validity of four months.

3. In the case of creating a company whose activity has a commercial retail nature, in a permanent location with a floor space equal to or less than 300 square meters, you must present the declaration of responsibility or prior communication, as well as the proof of payment of the corresponding tax.

4. In the rest of the activities not included in the previous section, it will be necessary to prove the list of authorizations and / or licenses required for the start-up of the activity, indicating the status of the procedures for its achievement, including, if there were , certification of application to organisms.

5. Proof of job training and professional qualification legally required for the exercise of the profession.

6. Demonstrate own investment capacity to face the project or the economic endorsement by a financial institution or similar.

7. Business plan that reflects the nature of the company, characteristics, sources of financing, capacity to generate employment, projection of the activity and, ultimately, viability of the project.

8. Payment of the residence and work rates: from the moment of validation of the application process, to be paid in a period of 10 working days:

Model 790 code 052, epigraph 2.1 for the initial authorization of temporary residence.

Model 790 Code 062, filling in section 1.5 with reference to "authorizations for self-employment"

9. Accreditation that proves the nullity of criminal records in the countries of residence of the last five years, issued by institutional bodies of said territories.

10. Medical certificate.

How to apply for a residence visa to start a business in Spain

Non-EU immigrants who intend to create a company and undertake business in the country can obtain a visa that allows them to remain in Spain for a maximum period of one year, provided that the reason for the stay is to manage the procedures prior to creating a company and develop an entrepreneurial activity

It will be understood as an entrepreneurial activity that is of an innovative nature with special interest for Spain and for this purpose have a favorable report from the Commercial Office where the investor submits the visa application.

More information:

www.setupcompanyinspain.comHow to set up company in Spain
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