Company formation in Andalucia

• Sole Trader. Unlimited personal liability
• Limited Company. A minimum capital share of 3000euros is needed. Liability is limited to the amount of shares
• Sociedad Anónima. This is the equivalent of a UK Public Limited Company with a minimum capital share of 60.000euros
• Franchises
• Branch
• Social Enterprises
• Co-operatives
• Charities

• Look for a name for the company and apply for a certificate to the Mercantil Registry in Madrid.
• Draft the Articles of Association for the company according to its specific needs and sign the Articles in front of the Notary.
• Pay the Stamp Duty on the formation of the company.
• Obtained a registration number for tax purposes.
• Register the company in the Mercantil Registry of its region.
• If the business requires premises, a business opening licence must be obtained.
• If the business is to have employees, it must be registered with the Spanish Social Security system.
• The employees must be registered with the Social Security system and with the Employment Office.
• Some types of businesses have the benefit of various incentives on which we can advise.

If you are planning to establish yourself as self employed, the process is simplified.