Large business setup in Spain
Starting a big company requires thorough preparation and effort, with specific challenges and considerations to keep in mind when establishing a corporation. Let’s talk about the benefits of launching a large company in Spain and how our specialized solutions can help your success.
The process of setting up a large business
Creating a big company in Spain requires a similar procedure to that of starting a small or medium-sized business. Nevertheless, given its larger size and intricacy, establishing a large business usually demands a greater amount of time and resources. The steps involved in the process are:
Choose a business name
The name of the business must be original and not currently in use. You can verify the availability of a name on the Spain Trade Registry’s website.
Select legal entity type
Choosing the correct legal structure is crucial for the success of your major business. We offer expert advice on Limited Liability Company (S.L.), Newly Created Limited Liability Company (S.L.N.E.), Public Limited Company (S.A.), Branch Office, Holding Company to assist you in making an informed decision that fits your specific needs and future goals.
Set up legal address
It is crucial to have a valid address when launching a business, as it acts as the primary point of contact for government entities, legal organizations, and significant business communication. Selecting a legal address that complies with local laws and aligns with your business needs is essential.
Get the necessary paperwork ready
We have a team of specialists who will assist you in developing detailed and tailored documentation that aligns with your organization’s structure and objectives. We promise to comply with all legal requirements and handle the filing procedures on your behalf.
Open a bank account
We will support you in the process of opening a bank account, making sure the company follows the regulations and selecting a trustworthy financial institution for your account in Spain.
Company registration
We take care of the registration process with authorities such as the Trade and Companies Register and tax authorities, freeing you from the administrative workload. This ensures that your business is legally recognized and compliant from the very beginning.
Setup accounting
In order to effectively start a major business, it is crucial to keep precise financial records. Our group of accounting professionals can assist in creating efficient accounting and bookkeeping procedures that adhere to the regulations in Spain.
Large business examples
Large companies operate in various industries and sectors, each with distinct requirements. Here are a few examples of large companies:
- Aviation: Airlines, major aircraft manufacturers
- Bank: Large, national, or international banks
- Blockchain: Depending on the company, it can also be also medium or small sized business
- Cars and vehicles: Major car manufacturers, large fleet management companies
- Construction: Firms handling large infrastructure projects
- Energy: Utility companies, oil and gas producers
- Freight and package transportation: Major shipping and logistics companies (FedEx, UPS, etc.)
- Minerals: Large-scale mining operations
- Tourism and travel: Major hotel chains, international tour operators
Benefits of establishing a large business in Spain
Spain is an attractive location for the establishment of large companies, providing a variety of benefits.
Strategic location
Spain has a varied market that includes a strong tourism sector and a stable economy, especially in real estate, hospitality, and other service industries. Its strategic location, modern infrastructure, and skilled labor force make it a great choice for businesses wanting to take advantage of its vibrant and growing economy.
Favorable tax regime
Spain imposes a corporate income tax rate of 25% which can vary for certain types of income. In order to encourage research and development, as well as environmental sustainability, the country provides deductions and incentives.
Banking
Spain has an advanced banking system that offers a variety of financial services, and its stable economy makes it a favorable environment for investment and banking operations.
Our Large business setup solutions
We understand the value of your time and resources. That’s why we offer two convenient choices to streamline the company formation process.
Business formation online
By utilizing the online platform offered by Spain, individuals can start and finish the procedure of setting up a business from any location globally. The capability to track advancement, upload necessary paperwork, and access our services via secure digital platforms guarantees a seamless and convenient process.
Business formation remotely
If you would rather not be involved in the paperwork, we are able to take care of it for you. Our experts will handle all the necessary formalities, fill out all the required documents, and communicate with the appropriate authorities on your behalf to ensure you feel at ease.
Contact us
Contact us today to schedule a consultation and begin pursuing your business goals. Let’s start this journey together.