Company Law

Incorporation of enterprises in Majorca and Barcelona (Spain)

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In Spain it is easier to set up a limited liability company, Ltd. (Sociedad Limitada, SL) than in Germany or the Netherlands for example. Amongst others, the following steps are required: Application for a Spanish tax number for all shareholders and managing directors (NIE or CIF), name request for the denomination of the company to the national trade register, establishment of a Spanish bank account for the company paying the seed capital, application for a provisional tax number for the company, creation of the Memorandum and Articles of incorporation, incorporation of the company before a notary, registration of the company in the commercial register and application for the final tax number.

If you are interested to set up a company in Mallorca or Barcelona, Porta & Associates can help you to perform these procedures, so that you have to invest as little time as possible of your valuable time for the administrative steps of the incorporation process. Porta & Associates can also take care of your patent or trademark registrations.

After the incorporation of the company, special legal and tax regulations must be observed in Spain. Porta & Associates is happy to assist you with the correct accounting of your company and in compliance with other tax and legal provisions. In particular, Porta & Associates can assist you from a legal and tax approach with procedures such as the increases of capital, creating shareholder (loan) agreements or other commercial agreements and in the sale and purchase of shares.

If you are interested to be represented by us at a shareholders’ meeting, Porta & Associates recommends our article “Representation at a shareholders meeting”.

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