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Spanish Sociedad Limitada (SL) Company Formation

Incorporating in Spain is very quick and simple and we have an office in Madrid very close to the Tax Office and Mercantile Registry making dealing with the authorities very simple.

Enquire about an Spanish company formation

Company Name

All company names must be approved by the Mercantile Register, taking around three days and can be reserved for 10 days. Once approved the Register will issue a name clearance certificate. Company names must not be identical or deceptively similar to other companies already registered. The name must end with the suffix Sociedad Limitada or SL.

Registered Office

The company must have a registered office in Spain where all official correspondence may be sent. This may be a commercial or residential address. We offer registered office services as part of our incorporation package.

Directors

Only one director is required for your company and there are no residency or nationality restrictions. Corporate directors are not permitted. The director may also be a company shareholder.

Shareholders

Only a single shareholder is necessary and there are no restrictions on the nationality or residency of the shareholder. Corporate entities are permitted. An initial shareholder register is filed upon incorporation but any subsequent changes to shareholdings does not need to be filed.

Share Capital

The minimum share capital is EUR 3,000 and may be expressed in cash or assets.

Filing Requirements

Companies are required to file annual financial statements and an annual return. If the company is considered ‘small’ both these may be simplified and there is no requirement to appoint a statutory auditor.

Timescale

It takes just two weeks to incorporate in Spain once all information and proof of identities have been received

Fees

Proof of Identity

As part of our due diligence we require proof of identity in the form of a passport copy for all directors and shareholders of the company.

Travel

Travelling to Spain is optional. Incorporation documents must either be signed by the company owner before a notary in Spain but we can do this on your behalf if granted Power of Attorney.