call us

How much does it cost to incorporate a company in Spain?

|
October 5, 2021
|
0 comments

The cost of setting up a company includes some fixed elements, such as registration fees, and other variable elements, such as lawyer and notary fees. To incorporate a limited company, the first initial cost will be the minimum capital required. Anyone wishing to incorporate a limited company in Spain must deposit a minimum of 3,000 euros in a Spanish bank account. There will also be registration fees to be paid at the Mercantile Registry. A negative certificate of company name will cost 13.52 euros + VAT. The final registration will cost between 40 and 100 euros, depending on where the company is located.

Other nominal fees may apply, such as those related to obtaining the NIE (Número de Identidad de Extranjero), digital certificate, etc. The processing fee for a NIE is 10-15 euros, depending on how it is obtained (i.e. in Spain or abroad). The digital certificate will cost 14 Euros + VAT.

The biggest cost will be for services which will vary depending on who you hire. These services include hiring someone who can draft the partnership deed. This can cost between 300-1000 euros. A lawyer can even work on your behalf when given proper authorization. Signing before a notary will be a requirement at some point. Their fees can cost between 200-400 euros. Finally, you may need to have some documents professionally translated. A professional translation (traducción jurada) can cost between 60-80€.

Share:

Anna Klevtsova

Anna holds an LLM in International Human Rights Law, and is a Certified Lawyer with the Bar Association of Barcelona. With more than 20 years of legal practice in International Law, Anna specialises in business set-up, investment transactions, and immigration strategies.

Related news

Digital Nomad Visa in Spain – requirements published

The Spanish Immigration Office on International Mobility has published the long awaited detailed list of documents that digital nomads applicants need to provide. ...

It will be easier and cheaper to set up a company in Spain with the new Company Law

April 8, 2022
As global economies emerge from the pandemic and seek to recover from the damage sustained, Spain is planning to introduce the new Company Law - ‘Ley de Creación y Crecimiento de Empresas’, which has numerous implications on the formation and… ...

2021 Spanish labour market reform: key changes, implications and nuances

January 27, 2022
With the introduction of a new Spanish labour market reform at the end of 2021, it is important to understand the key changes and their implications for employees, employers, or anyone looking to enter the Spanish market. In this article,… ...

Explore all our news posts

View all news