The minimum opening share capital for a private limited company (S.L.) is 3,006 Euros. Your bank will issue you with a certificate of deposit (certificado de ingreso) of this capital, which is necessary for the constitution to take place.

For non-resident companies wishing to set up a subsidiary here, it is necessary to supply a document produced by the company registry in the country of incorporation. This document should state the registered address of the company, and the names of its shareholders and directors. It should the be legalised (with the Hague Apostille) before sending to us.

The document also needs to be translated into Spanish; we can provide a sworn English-Spanish translation service at this end for 100 Euros plus VAT.

In addition, at least one of the company directors must apply for a foreigners' ID number (NIE). This can be obtained either at the Spanish embassy/ consul in your country or at any local police office in Spain. As the NIE can take some time to issue, we advise the client to apply at the very beginning.

If one or more parties cannot be present in Spain for the proceedings, and wish to sign Power of Attorney over to us to complete the signing, we will prepare the necessary documents to be signed in front of a UK Notary. Our extra charge for this is 150 Euros plus VAT.

However please note that person named as the Administrator of the Spanish company must be present at the signing, as this power cannot be delegated in Spain.

The Notary’s signing will take place at our contact Notary in Barcelona, and can usually be arranged within seven days once the company formation documents have been pepared.

It is a legal requirement for your company to have a registered address in Spain. If you do not have a physical office here, we can refer to you to some business centres in Barcelona who provide a registered address service.

Our charge for the formation in Barcelona of an S.L. with the minimum share capital, is € 1,399 plus VAT.

This includes the following:

• Notary fees and Mercantile Registry charges.
• Payment of Stamp Duty on the issue of share capital.
• Registering your company with the Tax Office.
• Obtaining a tax code (CIF) for your company.

In order to commence the company formation process, you should provide us with the following:

• A list of three alternative company names, starting with your first choice.
• A payment on account of 348 Euros (300 Euros plus 16% VAT), payable by bank transfer.

Company formation FAQ's                                                 Back to home page