When a company has a capital verification, must the funds be transferred from the bank account in the name of the shareholders to the capital verification account?

Yes, the registered capital must be transferred from a bank account in the name of the shareholders in proportion to their shareholding to the company's provisional capitalization account.

Does the government of Spanish have any restrictions on the nationality or status of foreigners registering a company in the country?

The Spanish government does not impose any nationality or identity restrictions on foreigners registering a Spanish company and does not require an EU resident to be a nominee director.

How many shareholders do I need to incorporate a Spanish company? Are there any restrictions on the nationality or legal domicile of the shareholders?

At least one shareholder is required to incorporate a Spanish company. This can be a natural person or a company. There are no requirements or limitations imposed by the government on the nationality or legal domicile of the shareholders of a Spanish company

Do I need a capital verification to register a Spanish company?

A capital verification is required for the registration of a Spanish company. SRL Private Limited Liability Companies have a minimum registered capital of €3,000, which must be fully paid up.

When the capital verification of a Spanish company is carried out, must the funds be transferred from the bank account in the name of the shareholders to the capital verification account?

Yes, the registered capital must be remitted from the bank account in the name of the shareholders in proportion to their shareholdings to the provisional capital verification account of the Company.

Can the company's registered capital be withdrawn from the company's bank account after incorporation?

The company's registered capital must be used for the company's day-to-day operating costs, such as paying for goodscosts, to pay accountants, to pay for the services of TKEG Expat.

What proof of income does a Spanish provider's anti-money-laundering (AML) / risk-control review require, and what if the client has no tax return?

For the AML / risk report that lawyers, banks and agents in Spain (and the EU) must produce, the client has to evidence that their activity generated income. A corporate income-tax settlement/liquidation certificate (in Spanish or English) is preferred. If no tax return is available, income can instead be evidenced through commercial contracts and invoices, or — as a last resort that carries higher risk — via a KYC form used as a sworn declaration.

After incorporating a company in Spain, what ongoing filing is recommended to avoid penalties?

Companies are advised to file annual accounts every year after incorporation in order to avoid fines from the Spanish Tax Agency (Agencia Tributaria). This annual-accounts obligation is separate from the corporate income-tax return and from any statutory audit requirement.

What are the requirements for a power of attorney used to register a company in Spain?

A power of attorney authorising an agent to handle a Spanish company registration (and the associated personal tax-number application) must be notarised in Spanish and then legalised with a Hague apostille. A notarised power of attorney drawn up in another language (e.g. Chinese) with an apostille can be acceptable, but the document must also be translated into Spanish (or English).

In EU company registration, what ownership level triggers a beneficial owner (UBO) declaration, including through a listed parent company?

Any individual holding more than 25% of the company must be declared as a beneficial owner (UBO). This is assessed by tracing the ownership chain through to the ultimate individual — including through a listed parent company. If a new financial report later shows that an individual crosses the 25% threshold, the UBO declaration must be corrected and supplementary supporting materials may be required.

Does a Spanish company need a local resident person if it wants to actually operate and hire employees?

Yes. To begin operating in Spain — for example to hire employees — the company needs a local (Spain-resident) person.

Do foreign documents submitted to a Spanish notary for a corporate matter need legalisation?

Yes. Spanish notaries (Notarios) generally do not treat foreign corporate documents as Spanish 'public documents', so they require a Hague apostille (legalisation) before the documents can be used in a Spanish corporate procedure — this applies even to documents issued in another EU/EEA country.

Is a Power of Attorney (POA) required to incorporate a company in Portugal, Spain, Poland, Malta or Cyprus, and does it depend on nationality?

A POA requirement is not tied to the applicant's nationality. Incorporation in Portugal, Spain, Poland, Malta and Cyprus may not require a POA, but this ultimately depends on the lawyer/supplier handling the specific case. Poland in particular may require the shareholder to attend a meeting.

Company Incorporation

Spain SL Incorporation (Individual Shareholders)

Name: Spain SL Incorporation (Individual Shareholders)
Brand: TKEG Expat ™ (HK SAR)
Price: 1450 EUR
Availability: InStock

Applicable country/region: ES - Spain

English-speaking advisor

Spain local setup support

Tailored service assessment

Unit PriceEUR 1,450 / Company

Estimated Duration25 working days

On-site presenceNot required

View Requirements

Response within 1 working hour on business days. We confirm applicability and estimated fees first.

Fully remote

Remotely Process Your Spain SL Incorporation (Individual Shareholders) in About 25 Business Days

Spain company incorporation with TKEG Expat — we form your Spanish SL (Sociedad Limitada), streamlined variant limited to natural-person shareholders only: name reservation at the Registro Mercantil Central, NIF, deed of incorporation before a Spanish notary, Commercial Registry filing, and VAT registration with the Agencia Tributaria. Minimum share capital is 3,000 EUR, fully paid up. All non-resident founders need an NIE; we handle NIE applications and remote incorporation via Power of Attorney. Legal-entity shareholders are not accepted — choose the standard Spain SL package if a company will hold shares. A Spanish registered office is mandatory — our Madrid address service covers it.

Good to know

Designed for companies with under $10 million annual turnovers, TKEG Expat ™ (HK SAR) is a retail consulting division of THE KEITH & EVEN GROUP, focusing on providing budgeted solutions for companies seeking overseas market entry, company incorporation, assets allocation, and tax strategy.

Product Requirement

Spain SL Incorporation (Individual Shareholders)'s Requirements

TKEG Expat ™ (HK SAR) aims to provide the most straightforward and professional service to our clients. Please use this "Product Requirement Table" to determine if you meet the basic requirement of this product, and if you need services that are not included in this product.

Natural Person Directors and Shareholders must possess a Spanish Foreigner Identification Number (NIE)

To incorporate a company in Spain, each natural person director/shareholder must possess a Spanish Foreigner Identification Number (NIE). TKEG Expat can help you apply for a NIE if you don't already have one.

Solution availableNot included in product

Spain S.L.

Sociedad de Responsabilidad Limitada

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Document Requirement

We Need These To Help You With Spain SL Incorporation (Individual Shareholders)

TKEG Expat ™ (HK SAR) aims to provide the most accurate and up-to-date information to our clients. Please use this "Document Requirement Table" to determine which documents you will need to submit to fulfill the product requirements. Please note, the requirements of document can change depending on your case.

Spain SL Incorporation (Individual Shareholders) - Documents

Natural Person Shareholders & Directors's Required Documents

Passport

Full passport’s apostille of shareholders and directors

Process: ApostilleFormat: Scan Copy

Proof of Address

Shareholder and director address proof: Scanned copies of water, electricity, and gas bills or bank statements. The documents must clearly show the shareholder's/director's name, address, and date, and should not be more than 1 month old.

Process: Not ApplicableFormat: Scan Copy

Frequently Asked Questions

Jurisdiction Overview

About Spain

Spain is a major EU economy with strong GDP growth, strategic access to European and Mediterranean markets, and government incentives for foreign investment. Key sectors include tourism, renewable energy, and automotive.

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Spain Tax Brief

Data Source PwC World Tax Summary
OCED Statistic

Time of Update 4/02/2026

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