Spain

Company Formation in Spain

Spain

Formation Time

1–2 weeks

Min. Capital

€3,000 (SL)

Corporate Tax

25%

Foreign Ownership

100%

Overview

Spain is the EU's fourth-largest economy with a growing tech scene centred in Barcelona and Madrid. The SL (Sociedad Limitada) is the standard SME structure. Spain's digital nomad visa and special tax regime for incoming workers (Beckham Law) attract international talent.

EU 4th economy

Digital nomad visa

Beckham Law

96 treaties

Why Choose Spain

EU's 4th largest economy

Digital nomad visa available

Beckham Law — 24% flat tax for incoming workers

Strong startup ecosystem in Barcelona and Madrid

96 double tax treaties

Business Entity Types

Entity	Ownership	Directors	Capital	Tax	Best For
SL (Sociedad Limitada)	100%	1	€3,000	25% corporate tax	SMEs, tech, services

Step-by-Step Formation Process

Obtain NIE

1–3 weeks

Apply for Spanish foreigner ID number.

Name Certificate

3–5 days

Obtain name availability certificate from Central Mercantile Registry.

Capital Deposit

1–3 days

Deposit share capital at Spanish bank.

Notarial Deed

1 day

Execute deed before Spanish notary.

Registration

1–2 weeks

Costs & Fees

Government / License Fee	EUR 400+
Our Service Fee	USD 3,500+
Annual Renewal	USD 2,500+

Fees are indicative and may vary based on business activity, entity type, and additional approvals required. Contact us for a precise custom quote.

Get Custom Quote

Banking

Spanish banks are accessible but require physical presence for initial setup in most cases.

Account Opening Time

1–3 weeks

Multi-Currency

Yes — multiple currencies supported

Recommended Banks

CaixaBankBBVASantanderSabadell

Tax Overview

Corporate Tax

25%

Personal Income Tax

19–47%

VAT / Sales Tax

21%

Capital Gains Tax

25% (participation exemption available for qualifying holdings)

Withholding Tax

19% on dividends (reduced by treaties)

Double Tax Treaties

96 countries