Spain is a fantastic destination for entrepreneurs looking to start or expand their businesses. Both individuals and companies, including small and medium-sized enterprises (SMEs) and family-run businesses, can open a business in Spain. Whether you’re a seasoned entrepreneur or new to the business world, Spain offers a range of opportunities and benefits.
Who Can Open a Business in Spain?
- Individuals and Companies:
- Spanish Business Entities: You can establish a Spanish business entity, such as a corporation or a limited liability company (S.L.). The S.L. structure is particularly popular and suitable for SMEs and businesses with few partners.
- Individual Entrepreneurs (Natural Persons): You can also operate as an individual entrepreneur.
- Don’t Have a Business Idea? No Problem!
- If you don’t have a business idea but still want to own a business in Spain, we can help you find a profitable business for purchase. This will not only provide you with a steady income but also make you eligible for Spanish residency.
Steps to Start a Business in Spain
- Obtain a NIE Number:
- The NIE (Número de Identificación de Extranjero) is a tax identification number for foreigners in Spain. It’s essential for all business activities.
- Register the Company Name:
- You need to register your company name with the Mercantile Registry to ensure it’s unique and legally recognized.
- Get a CIF:
- The CIF (Código de Identificación Fiscal) is your company’s tax identification number.
- Sign the Deed of Incorporation:
- This legal document establishes the formation of your company. It must be signed before a notary.
- Register the Company:
- Your company must be registered with the Mercantile Registry.
- Register for Social Security:
- You need to register your business and employees for social security.
- Open a Bank Account:
- A Spanish bank account is necessary for handling all financial transactions of your business.
Opening a Business as a Freelancer (Autonomo)
- EU/EEA/Switzerland Citizens:
- You can enter Spain, obtain a NIE number, and register as an Autonomo.
- Non-EU Citizens:
- You will need a visa, residence permit, work permit, NIE number, and a Spanish bank account or you authorize us to do it.
Why Start a Business in Spain?
Spain offers stable taxes, a relatively low initial investment requirement, and a thriving tourism, real estate, and restaurant sector. The business environment is welcoming and supportive, making it an ideal place for both new and experienced entrepreneurs.
What after openinig a business in Spain?
Apply for an antrepreneur visa. We can help you get self employed or entreprenuer visa on the basis of your own business and you don’t need any sponsor your work permit, basically you get a self sponsored work permit.
Contact Us!
We are here to make your business setup process in Spain as smooth and headache-free as possible. Whether you need help finding a business to buy or navigating the legal and administrative requirements, we can assist you every step of the way.
Contact us today to learn more about how we can help you start your business journey in Spain!
Other visa options for Spain
For more information or a free 15-minute consultation, contact us at: info@apply2migrate.com