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VIRTUAL ONE STOP SHOP FOR INTERNATIONAL INVESTORS

/Open a bank account

Basic information on the procedure.

/ Object

/ Basic information

Opening a bank account is one of the formalities that must be carried out when incorporating a foreign company in Spain, since it is necessary for paying-in the share capital. To do so, you must go to a bank with a valid tax identification number (NIF or NIE).

/ Links to the municipal areas and institutions in charge of the procedure

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/ Approximate costs

Banks may charge fees for opening accounts, maintenance, services, etc.

/ Resolution period

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/ Professional knowledge required

It is not necessary to hire professional advice to open a bank account in Spain.

/ Where and how to submit documentation

Opening an account can be done in person and/or online, depending on the bank and the type of account.

/ Modalities

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/ Type of procedure

Incorporating a company | Bank account

/ Relatad procedures

/ Version and date of the last update

Version 1.0 Date September 2023

Consult other procedures