VIRTUAL ONE STOP SHOP FOR INTERNATIONAL INVESTORS
/Incorporate a company
Steps for incorporating a company:
- Select a legal structure: Choose the legal structure for the business, with the most common options being a limited liability company (S.L.) or a public limited company (S.A.), both of which limit partners’ liability to their capital contributions. Further information is available here Legal Forms
- . Secure a certificate of name availability: Request a certificate from the central commercial registry to ensure that the chosen company name is unique and available for registration.
- Open a corporate bank account and deposit share capital: Set up a bank account in the company’s name and deposit the required share capital according to the selected legal form. Obtain a bank certificate verifying the deposit.
- Draft the company’s articles of association: Prepare the articles of association to establish the rules for the company’s management and operations li>
- Execute the deed of incorporation before a notary. Finalize the deed of incorporation with a notary, providing all required documents, including a real ownership declaration.
- Obtain a provisional tax identification number (NIF): Apply for a provisional NIF from the state tax administration agency (AEAT) within 30 days of executing the public deed, supplying the necessary documentation.
- . Fill in the self-assessment form for the Tax on Patrimonial Transmissions and Documented Legal Acts: Complete the self-assessment, though payment is generally exempt.
- Register the company with the Madrid commercial registry: File the deed of incorporation and other required documentation with the commercial registry in Madrid.
- . Obtain the permanent tax identification number (NIF): Apply for the permanent NIF through the AEAT by submitting the registered deed and related documents.
- Complete additional tax and employment registrations: Register for VAT and the economic activities tax (IAE), submitting the relevant census forms and declarations via Form 036.
/ Links to relevant municipal areas and institutions
/ Estimated costs
Incorporation costs vary by legal structure. Additional fees to consider include:
- Notary and registry fees
- Applicable taxes
- Professional service fees for legal advice and processing
/ Average processing time
- The overall time to incorporate a company is typically 2 to 8 weeks.
- Limited liability companies (S.L.) can be formed within 24 hours.
/ Professional knowledge required
Certain steps require the involvement of a notary and registration with the Madrid commercial registry. It is advisable to have legal counsel for the entire incorporation process, particularly for drafting the articles of association.

