Spanish Company Formation
Spain has one of the most robust economies in the EU, thanks to strong inward investment, a booming manufacturing sector and a liberal business environment. Its annual growth has been outperforming the EU average for a number of years. Spain´s corporate tax is 35%; however, small companies, annual turnover is below €3 million, pay 30%. Common type of companies in Spain: Public Limited Company (S.A.) and Private Limited Company (S.L.)
Requirements:
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Submit annual accounts to the regulatory authorities
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One shareholder required
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Annual audit is required according to company size
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Required share capital for S.A. Is €60,101.21 (25% paid up) and for S.L. Is €3,005.06 (100% paid up)
