Newly Created Limited Liability Company in Spain
A “Sociedad Limitada Nueva Empresa” is the legal name for a Spain New Limited Liability Company (SLNE). This type of business is a novel take on the S.L. (LLC). Because LLCs can have an unlimited number of stockholders, it is ideal for small and medium-sized businesses. The formation is a straightforward and rapid registration process, similar to that of an LLC.
In 2003, a law authorizing the formation of SLNEs was passed. Its goal was to support the formation of small businesses in Spain. Instead of the unlimited stockholders that an LLC enjoys, the SLNE cap is set at five.
We guide you throughout the incorporation process.
Get started
A commitment to satisfying our customers, to accurate document filings, to prompt service for those matters under our control, and to supporting our valued clients’ best interests.
We are the best in incorporating an S.L.N.E in Spain.
Newly Created Limited Liability Company registration conditions
To register a new SLNE, all that is required is to submit a single electronic document to the public Deed of Formation. Within 48 hours of submission, approval may be granted.
Timeline
An SLNE can be registered in person or online, and the process takes only one day.
Fees
Contact us for detailed information regarding Newly Created Limited Liability Company incorporation fees.
Compulsory regulation
The number of SLNE stockholders might range from one to five.
An SLNE’s minimum share capital is 3,000 Euros, with a maximum of 120,000 Euros. Unlike an LLC, where shareholders can make “like-kind” contributions instead of cash, SLNE shareholders can only make monetary contributions.
An Annual General Shareholders’ Meeting is required by law. Because SLNE is a small organization, the meetings can be held in a variety of ways.
Documents
List of documents required:
- Name of the company,
- Date of incorporation,
- Registration details,
- Objects of the company,
- Registered office,
- Share capital,
- Paid share capital,
- CIF number,
- Company contact details.
Consultation about Newly Created Limited Liability Company registration
We offer extensive consultancy, business survey, registration services, and effective management solutions to our clients.
Accountancy
Every SLNE in Spain is required to keep comprehensive accounting records and financial statements, including cash flow, income, expenses, losses, change in equity, and a balance sheet.
Taxes
The national (central), regional, and local governments all levy taxes in Spain. In 2013, tax income in Spain accounted for 36.3 percent of GDP. Income tax, social security contributions, corporate tax, and value-added tax are among the many taxes levied on various sources; some are applied at the national level, while others are applied at the national and regional levels.
Bank account
Open corporate bank account in Spain with help of our professional assistance. Press the button below for details:
Our company registration services are dedicated to your growth and success.
Other legal forms in Spain
The most frequently found legal structures in Spain are:
- Sole Trader/Sole Proprietor (Empresario Individual or Autónomo),
- Partnership (Sociedad Civil),
- Limited Liability Company (Sociedad Limitada/SL or Sociedad de Responsabilidad Limitada/SRL),
- Public Limited Company (Sociedad Anonima /SA),
- New Enterprise Limited Company (Sociedad Limitada Nueva Empresa/SLNE),
- Co-ownership (Comunidad de Bienes/CB).
Ready for the next step
Accelerate your business growth while we take care of everything else.