Registering a new LLC in this reputable European jurisdiction is easy and straightforward. Foreign entrepreneurs need to keep in mind these straightforward requirements, including:
i) one director of any nationality;
ii) one shareholder of any nationality, securing 100% ownership.
iii) minimal capital requirement for new limited liability entities is €3,000
However there are no requirements to rent local office premises or hire any local staff.
With the expert aid of Healy Consultants, now the Client doesn’t have to travel during a simple 4-week engagement.
About the compliance considerations in Spain
A typical Spanish company still requires a resident company secretary must be appointed. Foreign entrepreneurs looking to setup Public Limited Company will need to deposit a paid up share capital of €60,000.
While Spain does not have exchange controls, all resident companies must report their monetary transfers to the authorities for statistical requirements;
The contribution to an employee’s social security is 28% with 24% being contributed by the employer. Foreign entrepreneurs should know that before firing an existing employee, the employer must provide compensation worth 20 days’ salary per year worked. Spanish law prohibits all types of discrimination in matters of employment on the grounds of religion, caste, creed and gender.
About Healy Consultants
Healy Consultants provide a full range of professional services, which include the following:
• Offshore financial services
• Accounting and taxation
• Corporate finance
• Business start up services
• Corporate banking
• Global marketing services
• Company formation
• International trading strategies
Healy Consultants are professionals who offer quality services, which perfectly match the needs of our highly sophisticated clients. We are also proud of the fact that our services are affordable and accessible by our most modest customers.
Our clients have access to an excellent range of quality products and services. We come with rich experience and a global presence, resulting in unique market awareness beneficial to your firm in more ways than one.