Html code will be here

Start a Company in Spain: Structured, Compliant, Ready for Banking

We incorporate Spanish SL companies for international founders with integrated tax registration, governance structuring and bank compliance preparation.
Start Incorporation Download Incorporation Checklist

Why Open a Company in Spain in 2026?

Best European Pratices
Spain offers access to the EU market, strong banking infrastructure, and a predictable corporate framework. The standard structure is the SL (Sociedad Limitada), suitable for trading, consulting, digital services and holding activities.

Spain company features:

  1. Access to EU market
  2. Corporate tax framework
  3. Residency & relocation options
  4. Established banking system

What we do

Full Company Setup — Not Just Registration

  • Name reservation (Registro Mercantil Central)

  • Notarial incorporation

  • NIE support

  • Corporate bank account preparation

  • Tax registration (Modelo 036)

  • UBO & compliance support

  • Ongoing accounting & reporting

Company Formation, Marketing & Corporate Services in Spain

We provide structured incorporation, tax registration and ongoing compliance support for Spanish SL companies.

Spain Compared to Southern European Alternatives

Choosing the right jurisdiction depends on taxation, banking access, substance requirements and market positioning.
Portugal
Competitive corporate tax regime with strong digital infrastructure and international positioning.
Compare Spain vs Portugal →
Italy
Large domestic market with complex regulatory and tax environment.
Compare Spain vs Italy →
France
Strong economy with higher compliance and employment costs.
Compare Spain vs France →
Andorra
Low corporate tax and favorable residency programs outside the EU framework.
Compare Spain vs Andorra →
Croatia
EU member state with growing business ecosystem and competitive operating costs.
Compare Spain vs Croatia →
Where are you in your Spain expansion?
Choose your stage — we’ll handle the rest.
I am entering the Spanish Market
Spain Market Entry
→ Full setup from 6,000€
My company is set up — but structurally weak
Fix structure, reduce risk, and make it bank-ready

EU Substance & Governance
→ Ongoing support from 3,000€/month
I need specific support

Case 1. Bank Refusal in Spain

Background:
A non-EU founder incorporated a Spanish Sociedad Limitada (SL) but was unable to open a corporate bank account after multiple attempts with Banco Santander, CaixaBank and Banco Sabadell.

Issue:
The company structure lacked clear operational positioning, documented governance and decision-making, consistency between declared activity (Modelo 036) and actual business model.

As a result, the company failed to pass internal KYC and compliance review.

What we did:

  • restructured the company’s activity positioning in line with Spanish regulatory expectations
  • corrected tax and activity registration via Modelo 036
  • aligned corporate documentation with the actual business model (Escritura + internal documentation)
  • prepared a full KYC narrative, including UBO background and source of funds explanation
  • implemented a basic governance layer and assigned a local administrador to interface with the bank and Agencia Tributaria

Result:
Corporate bank account successfully approved with a Spanish bank within 5 business days after resubmission.

Case 2. Structural Risk

Background:
Spanish company managed entirely from abroad with no local decision-making layer. Directors did not have Spanish Residence Permit.

Issue:
High permanent establishment exposure and tax uncertainty.

What we did:

  • implemented governance structure
  • introduced formal decision-making process
  • aligned documentation across jurisdictions

Result:
Structure became defensible under EU tax review.

Case 3. Post-Incorporation Failure

Background:
Company successfully incorporated but unable to operate effectively.

Issue:
No coordination between accounting, legal and real activity.

What we did:

  • rebuilt operational structure
  • aligned contracts and roles
  • introduced ongoing governance support

Result:
Company moved from “inactive” to fully operational.

Timeline to setup a company in Spain for Expats

Process time: 3 weeks
Week 1.
Structure & Name Approval

  • Define company structure (SL), shareholders and director
  • Determine share capital allocation (standard 3,000 EUR or higher if required)
  • Select business activities and CNAE codes
  • Draft Articles of Association (estatutos)
  • Reserve company name with Registro Mercantil Central
  • Obtain NIE for foreign founders (if not already issued)
  • Preliminary banking compliance assessment (business model & source of funds review)
  • Prepare Power of Attorney (if incorporation is handled remotely)
Week 2.
Notary & Registration
  • Open provisional bank account and deposit share capital
  • Obtain bank certificate confirming capital deposit
  • Sign incorporation deed before a Spanish notary
  • Obtain provisional NIF (tax ID)
  • Submit incorporation to the Commercial Registry (Registro Mercantil Provincial)
  • Monitor registration process and respond to registry queries if required
Week 3.
Tax Activation & Banking Preparation

  • File Modelo 036 for tax registration
  • Register for VAT (if applicable)
  • Register director with Social Security (if required)
  • Activate digital certificate (Certificado Digital)
  • Update company books and corporate records
  • Prepare full banking compliance file
  • Initiate corporate bank account activation
  • Set up accounting framework and reporting calendar

What documents an Expat needs to setup S.L.

Talk about the services you offer. What customer problems does your business solve?

  • ID & Passport

    Clear plain scan copies of all the passports and valid IDs

  • NIE

    Spanish ID for foreigners. Issued for a lifetime.

  • Fill a formular

    Our standard formular with the most important points.

Reserve Your Spanish Company Name
Fast Track Review

We verify availability with the Central Mercantile Registry (RMC) and assess rejection risks before formal reservation, typically completed within 24–48 hours.
Check Name Now