company act in spain
TRANSCRIPT
Company Act in Spain
A presentation brought to you by CompanyFormationSpain.com
1
2
Incorporate a company in SpainThe procedures of company formation in Spain fall under the regulations of the Company Act in Spain.
The legislation for company incorporation in Spain is based on the Commercial Code and the Corporations Law.
Other regulations related to company formation in Spain are the Limited Liability Companies Law and the Mercantile Register Regulation.
3
Regulations for company formation in Spain
Company Act in Spain was modified by the Law 19/1989, called the Corporations Law.
Regulations related to the incorporation of limited companies are available under the Limited Liability Companies Law, introduced in 1995.
The Capital Companies Act in Spain was approved in 2010.
4
Regulations of the Spanish Company Act >>
Company Act in Spain regulates all the business forms in this country.
The most popular are considered the stock corporations and the limited liability companies.
The Company Act in Spain mentions that a sole proprietorship in Spain can be registered with the Trade Registry as a company with only one owner.
5
>> Regulations of the Spanish Company ActCompany registration in Spain must also follow the regulations of the Company Act in Spain.
A Central Commercial Registry certificate must be obtained for confirming the name of the company.
A tax identification code must also be issued for the company.
It is also necessary to deposit the minimum share capital.
6
Other regulations of the Company ActAccording to the Company Act in Spain, company registration in this country is followed by the procedure of VAT registration.
Employment Law in Spain is related to the Company Act in Spain.
Our team of company formation representatives in Spain can provide in-depth information related to the employment regulations available here.
7
Company Act – employment regulationsThe Act provides regulations for the employers, who must register with the Social Security General Treasureship.
All employment contracts must be registered with the Spanish Institute of Employment.
It is important to know that the employment regulations available in Spain are aiming to sustain the employment of young persons.
8
Legal entities in Spain The Company Act provides a comprehensive image related to the types of companies that can be registered here.
Investors can incorporate one of the following:
• private limited liability company;
• public limited liability company;
• general partnership;
• limited partnership;
• sole trader.
9
Business entities in Spain Our team of company formation agents in Spain can assist investors with more details on the business entities that can be set up here.
The Company Act prescribes that the businessmen can also register a company as one of the following:
• subsidiary;
• branch of the parent company .
10
Business consultancy in Spain
Investors can receive legal advice for other corporate matters.
For example, their company in Spain can benefit from the provisions of the double taxation treaties signed here.
Please contact our team of company formation consultants in Spain for more information related to the registration of a business.
Thank you for your attention!
For more information please contact us at:
(+44)203-287 0408 (for international clients)
www.companyformationspain.com
11