Business in Spain
Abad Lawyers and Accountants offers its specialised services for those who have a business in Spain, providing a great knowledge of the applicable legislation and practical reality in Spain.
Abad Lawyers and Accountants offers its specialised services for those who have a business in Spain, providing a great knowledge of the applicable legislation and practical reality in Spain which makes Abad the best partner for the development of your business.
Corporation tax is an important factor to consider when you have a company in Spain, and in terms of being able to plan your taxes. Whether you are a resident or a non-resident if you form part of a company in Spain, you will have to pay personal and company taxes. Personal taxes will be filed annually and the company’s tax reports will be submitted every quarter, and then annually to the Commercial Registry (Mercantil).
The incorporation of a company in Spain is very similar to any other country within the European Union, given that a lot of legal obligations are general regulations covering the EU as a whole. However, most of the legal and financial responsibilities will be formed according to local and national jurisdiction. So when forming a new company, or purchasing a ready-made company , the overall process, apart from the initial company registration, will be very similar. A registered private limited company in Spain is a “Sociedad Limitada” or commonly seen as “S.L.”.