shelf company in spain
TRANSCRIPT
A presentation brought to you by LawyersSpain.eu
Shelf company in Spain
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Ways to enter the Spanish market Foreign investors coming to Spain have two possibilities of starting a company.
The first option refers to the registration of a company in Spain.
The second one is the purchase of a ready-made company, also known as shelf company in Spain.
Such companies can start their activities in 1-2 days after the purchase.
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Main reasons to purchase a shelf company The greatest advantage of purchasing a shelf company in Spain refers to the amount of time saved on the administrative procedures.
Spanish shelf companies are available for starting the business operations, as opposed to newly formed companies.
They are already registered with the local authorities for tax purposes, VAT and many other legal aspects.
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Shelf companies in Spain – main features
The main features of a shelf company in Spain are the following:
it has the incorporation documents prepared and notarized;
it has a registered address in Spain;
it is already registered with the Spanish Companies Registry;
it has a fiscal identity number;
it has a bank account.
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Shelf company in Spain – legal forms
Shelf companies in Spain can be registered under any of the legal entities available here.
However, most of the businesses in Spain are registered as limited liability companies.
The registration procedure for each of the legal forms is performed following the procedures prescribed by the Commercial Law.
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How to purchase a shelf company in Spain >>
Those interested in starting a business in Spain through shelf company must follow a simple procedure.
Investors will need to grant power of attorney to our company formation specialists in Spain, who can handle the legal requirements. It is also necessary to provide information on the company’s directors and company’s secretary.
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>> How to purchase a shelf company in SpainFurther on, the company will receive a new tax identity number (NIE).
The procedure can be handled by our team of company formation representatives in Spain.
After the purchase, the businessmen will be able to modify the company’s statutory documents. They can also modify the company’s trading name.
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Obtaining a NIE in Spain
The NIE – numero de identificacion extranjero – refers to a tax identification number available for foreigners.
It is used for the identification of a person’s financial activities. The procedure is compulsory for all foreigners, tax residents of the European Union (EU) or non-EU countries.
The NIE is necessary for all transactions which are registered with the Spanish Inland Revenue office.
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The uses of a NIE number in Spain The NIE number in Spain is compulsory for a wide set of activities, such as:
opening a bank account;
purchasing a property in Spain;
paying taxes;
paying for employment taxes;
applying for a business permit.
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Business Consultancy in Spain
Foreign investors can contact our team of company formation agents in Spain for other legal matters, such as:
registering a subsidiary in Spain;
advice for tax minimization procedures;
advice on the employment legislation;
investment opportunities in Spain.
Thank you for your attention!
For more information please contact us at:
(+44)203-287 0408 (for international clients)
www.lawyersspain.eu
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