Skip to content

Do business in Spain. Without the mess.

Spain is the EU's 4th largest economy and a gateway to Latin American markets. Commenda handles your SL formation, Registro Mercantil filing, and ongoing compliance so your team can focus on the business.

Why Spain

Why Spain for your next entity

Spain combines a deep domestic consumer market of 47 million people with privileged trade ties to Latin America. The SL structure gives foreign companies limited liability with just €3,000 in share capital, a 23% SME corporate tax rate for qualifying businesses, and access to the EU single market. The Beckham Law flat tax of 15% makes it cost-effective to relocate key executives. With proper setup, Spain is a straightforward jurisdiction. Without it, notary requirements, Registro Mercantil filings, and IVA obligations become time sinks.

Explore incorporation options
  • 25%Standard corporate tax rateApplied to taxable income for most companies operating in Spain
  • 23%SME corporate tax rateFor companies with revenue under €1M, reducing the overall tax burden
  • €3,000Minimum share capital (SL)Low barrier to entry for foreign companies forming a Sociedad Limitada
  • 3-5 weeksTypical incorporation timelineIncluding notary deed, Registro Mercantil registration, and tax IDs

Entity types

Choose the right structure for your business

Recommended

SL (Sociedad Limitada)

Spain's private limited company is the standard choice for foreign businesses entering the market. Liability is capped at share capital contributions, and the structure suits companies of any size from small subsidiaries to operating divisions.


Benefits

  • €3,000 minimum share capital, fully paid on incorporation
  • No Spanish resident director required
  • 23% corporate tax rate for SMEs with revenue under €1M
  • Access to Patent Box regime: 60% deduction on qualifying IP income
  • Single shareholder permitted (sole member SL)

Key considerations

  • Notary involvement required for deed of incorporation
  • Registro Mercantil (Commercial Registry) registration mandatory
  • Registered address in Spain required
  • Spanish codice fiscal equivalent (NIF) needed for all directors

How it works

From kickoff to open for business in Spain

Incorporating in a new country means unfamiliar filings, local requirements, and moving parts across multiple vendors.
We handle all of it so you don't have to.

  1. Day 1

    Onboarding

    Your details submitted once. Entity name checked, documents collected, filings kicked off. No back-and-forth.

  2. Days 1–3

    Entity confirmed

    Incorporation done. Formation documents, company number, and registered address live in your Commenda dashboard.

  3. Week 1–2

    Tax setup

    Tax registrations filed, banking guidance underway. Compliance calendar set for your jurisdiction.

  4. Week 2

    Open for business

    You're operational in a new market. Without a single trip to a government office.

G2 Reviews badge — rated by the teams using it

G2 Reviews

Rated by the teams using it

Scores from finance and legal leads handling compliance globally.

  • Entity Management

    #1 Ranked
    9.6/ 10

    Set up your entity and keep it in good standing. Filings, records, and renewals tracked in one place.

  • Corporate Tax & Compliance

    Top Rated
    9.1/ 10

    Every tax deadline on one calendar. Corporate returns and statutory filings handled without the back-and-forth.

  • Sales Tax & VAT/GST

    Commenda Leads
    9.4/ 10

    Handle VAT, GST, and sales tax in every country you operate in, and manage it all in one place.

FAQ

Common questions

The things finance and legal leads ask before they start their Spain entity.

No. Spain does not require directors to be residents or Spanish nationals. You do need a registered address in Spain and all directors must obtain a Spanish NIF (tax identification number), which Commenda can facilitate.

Typically 3 to 5 weeks from document collection through to Registro Mercantil registration and tax ID issuance. The notary deed signing is the main time variable. Commenda coordinates this process end-to-end.

The Beckham Law is a special tax regime for qualifying foreign nationals who relocate to Spain for work. Eligible individuals pay a flat 15% income tax rate (vs. the standard progressive rate up to 47%) for up to 6 years. It applies to employees, directors, and certain remote workers who haven't been Spanish tax residents in the prior 5 years.

Spanish companies can deduct 60% of qualifying IP income from their taxable base, effectively reducing the tax rate on IP-derived revenue to 10% (at the 25% headline rate). Qualifying assets include patents, utility models, and certain software. Transfer pricing rules apply to related-party IP arrangements.

Annual obligations include filing audited (or unaudited, for small companies) financial statements with the Registro Mercantil, quarterly and annual IVA (VAT) returns, monthly or quarterly corporate income tax installments, and an annual Impuesto de Sociedades (IS) return. Companies with employees also face monthly payroll tax filings.

Yes. Foreign entities can hold 100% of a Spanish SL with no local partner requirement. A sole member (socio unico) SL is a recognized structure. The sole member status must be registered in the Registro Mercantil within 6 months of formation.

Join hundreds of international businesses growing fast with Commenda

Tell us where you're expanding and we'll scope the requirements, handle the filing, and keep your entity compliant, usually within 24 hours of kickoff.