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Incorporation
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Before incorporating: the decisions that shape year one
Start from scratch or buy something that already works
Building from zero is not always the best way to start a business. If your idea sits in a heavily regulated sector or one with high barriers to entry — healthcare, hospitality, accommodation — buying a small running business saves you licences, fit-out works, an initial client base and several months without income.
It is worth running the numbers on both routes before deciding. If the comparison interests you, start with our company acquisition page and the marketplace: you will see what is being sold in your sector and at what prices.
Sole trader or company at the start
This is almost always the first question and there is no universal answer. Registering as a sole trader is faster and cheaper at first, but you answer with your personal assets and above a certain profit level it stops making tax sense. Incorporating a limited company costs more upfront and requires formal accounting, but it separates assets, reads better to large clients and makes it easier to bring in partners.
What we usually look at with you is the expected profit in year two, the risk of the activity and whether you foresee partners or outside investment. With that, the decision is normally quite clear.
Starting a business as a foreign national
If you are not resident in Spain there are two separate processes that people often confuse: creating the company and obtaining the right to live here. You can be a shareholder and director of a Spanish company without residing here, but to live and work in the country you need a specific authorisation, and the entrepreneur route requires an innovative project and a favourable report.
We run both fronts in parallel so they do not block each other: the company on one side and the residency file on the other, with the timings coordinated.
Tell us about your project
Questions about starting a business in Spain
Where do I start if I only have an idea?
By grounding the basic numbers: who you sell to, at what price, what it costs to produce or deliver, and how much you need to invoice to cover costs. Before spending anything on incorporating, that conversation avoids a lot of grief. In the first consultation we work through that outline with you and tell you frankly what looks weak.
How much does it cost to get a company running?
Incorporation is the small, predictable part: notary and registry fees, name certificate and procedural taxes, plus our fees. What really drives the budget is what comes after: premises, licences, equipment, staff and the months of cash needed until revenue covers costs. We help you size that cushion, which is where most projects fall down.
Are there grants or subsidies for new businesses?
There are national, regional and local calls, and they change every year in amounts, deadlines and requirements, so a fixed list would be misleading. What we do is review, at the time of your consultation, which lines are open and fit your activity and location, and warn you which ones require that you have not started trading before applying.
Do I need a formal business plan?
For your own use, an honest outline of revenue, costs and cash flow is enough to start. The formal document becomes essential when a third party has to make a decision about your project: a bank, an investor, or the administration in an entrepreneur visa application, where the innovative character of the project is also assessed.
Can you help me find financing?
Yes. We work on bank financing, bringing in investor partners and mixed formulas, and we tell you what is realistic at your stage: a project with no revenue will rarely obtain bank debt, and not every project is investable by a fund. If your case fits private capital better, we channel it through our investor network.
What happens after the company is incorporated?
That is when the important part starts: tax registrations, quarterly obligations, hiring, municipal licences if you have premises and accounting kept properly from the first entry. We support that phase, because early mistakes — a licence wrongly applied for, a late registration — are expensive later.
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Company formation
We handle every formality so you can start your business without complications.
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We help you grow, secure financing and take your business international.
Learn moreVisas and residency
We guide you through the entire process of obtaining your Spanish visa and residency safely and efficiently.
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