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Frequently Asked Questions

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FAQs

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1. Why start a company in Spain?

Since the opening of European borders in 1993, any EU citizen can establish a company in the member state of their choice without being required to reside there, in compliance with national corporate law and in accordance with the 11th Council Directive of the European Union (89/666/EEC).

To bring the French decree of May 30, 1984 (regarding the registration in France of commercial companies headquartered abroad) in line with EU directives, the 11th directive was incorporated into French law by decree no. 92.521 of June 16, 1992, published in the Official Journal on June 17, 1992. Similarly, other European countries have also transposed this directive into their national legislation.

2. How long does it take to finalize the purchase of a Spanish SL (Limited Liability Company)?

Once we have received all the necessary information and documents from you, the timeline will only depend on how soon our notary is available to schedule an appointment for signing the company formation documents. Typically, we can arrange an appointment within 48 hours, or even less in some cases.

3. Do I need to be physically present to create my company?

The administrator must be present in person. However, if there are shareholders involved, the transfer of shares can be done remotely.

4. When will the company be operational?

The company is ready to start invoicing from the day the documents are signed at the notary’s office.

5. What are your payment terms?

To reserve your company, we initially require a deposit of €500 by bank transfer. The remaining balance is paid on the day of the signing, either in cash or by credit/debit card.

6. What banking regulations apply?

A European directive governs bank transfers between countries. For transfers under €50,000, funds must be made available within a maximum of 6 days, double charges are prohibited, and failed payments must be refunded with interest. In addition, customers must be informed of processing times, exact fees, and available remedies. Specific regulations also apply to cross-border transactions to make them comparable to domestic ones (ATM withdrawals, transfers, card payments).

 

Transfers to a personal European bank account are unrestricted for amounts below €7,600 per transaction. For amounts above this limit—whether money, securities, or valuables—a customs declaration is required under anti-money laundering laws.

 

7. Can I create a company if I’m banned from managing or banking in France?

There are no restrictions preventing individuals who are banned from management or banking in another country from creating a company.

8. What are the social charges for an S.L. (Limited Liability Company) in Spain?

In Spain, the total mandatory social contributions amount to 36.95% of the gross salary—30.60% paid by the employer and 6.35% by the employee. These cover social security, unemployment, training, and other statutory benefits.

You can view the full breakdown here.

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OUR SERVICES

Everything you need to start your society in Spain

Creation of society

The formula we offer allows you to create a Spanish limited liability company within 24 hours, operational the same day without capital deposit, with bank accounts, and without residency requirements.

Bank account

For many years we have worked with all the largest Spanish banks, we will help you find the one that best suits your needs and your activity and can advise you on the future of your business and its needs.

Domiciliation

The domiciliation of your company is a crucial choice that impacts its image and credibility. Our firm can domicile your company in our business center, located in Barcelona’s business district.

Accounting

We offer an integrated accounting service that processes all data year-round to keep your company compliant with tax and administrative regulations. You also have access to our partners: lawyers, notaries, insurers, translators, and more.