Starting A Business in Spain
Doing Business in Spain
As the fourth largest economy in the EU, Spain represents an important potential market for many companies. That said, Spain has a reputation for being the most bureaucratic of all European countries and even ranks below several African countries for ease of starting a business.
However, the Gonzalo Calderon team encompasses English-speaking legal and tax consultants located across Spain so, whatever the size or location of your business in Spain, we can provide you with all of the support you need to make your business a success.
All of our consultants are registered and regulated by the relevant authority in Spain – most typically the local Law Society and/or the Accountancy body equivalent. We will provide details of each of our consultants credentials upon request.
We ensure that each of our consultants is able to speak a high level of English in order to be able to provide our clients with a superior service, though not at any additional cost over and above the standard rates available to Spanish businesses and individuals.
Sole Trader v Limited Company
Before providing in-depth details of our services it is first necessary to determine whether you need a limited company in Spain or if registering as an ‘autonomo’ or sole trader is more appropriate.
The main advantages and disadvantages of each form of business are described in Starting a Business in Spain: Sole trader vs Ltd Company.
Once the most appropriate structure for your business in Spain has been determined you can review the components of each service:
Autonomo Service Package;
Limited Company Service Package;
Autonomo – Service Features
Our English-speaking consultants will answer your questions about how Spanish law affects your business and then make sure you comply with Spanish legal requirements relating to legally constituting a business.
You will need to first register as a sole trader and then comply with Spanish taxation laws. So typically you will require some of the following services:
1. Registration with Hacienda for income tax
2. Registration with Hacienda for VAT (IVA)
3. Registration with the Social Security Office
4. Dealing with Invoicing
5. Handling of presentations for operations over €3000
6. Payroll Services
7. Initiation and termination of employment contracts
A monthly retainer is payable and the specific charge will typically depend on the specific services that are required by the customer. Please contact us by email or telephone for a quotation for your business in Spain.
Limited Company – Service Features
The Limited Company Service package includes as much – or as little – as your business requires, but usually incorporates some of the following features:
1. Constitution of a Ltd Company Inc. Inscription on Commercial Registry
2. Registration with Hacienda for income tax
3. Registration with Hacienda for VAT (IVA)
4. Registration with the Social Security Office
5. Dealing with Invoicing
6. Handling of presentations for operations over €3000
7. Payroll Services
8. Initiation and termination of employment contracts
9. Presentation of Annual Accounts
10. Dealing with labour issues
A monthly retainer is payable and the specific charge will typically depend on the specific services that are required by the customer. Quotations are tailored to each individual situation and consideration is taken where the company has no employees and a simple structure. Please contact us to discover our reasonable fees for setting-up and maintaining your limited company in Spain.