Features

A European Company (S.E.) offers companies that operate in several EU Member States, the option of being established as a single company for the purposes of EU law, and of being able to operate in the EU under a unified management and reporting system. The S.E. makes it possible for companies to reduce their overall administrative costs with a legal structure that is compliant with EU Regulations.

The subscribed capital may not be less than €120,000, and the S.E. can be formed by means of a merger; forming an S.E. holding company; forming an S.E. subsidiary, or converting an existing S.A. It must be registered at the Mercantile Registry. The managing bodies are: (i) the Shareholders’ Meeting; and (ii) either a managing body (one-tier system) or a managing body and an oversight body (two-tier system). The liability of the shareholders is limited, in principle, to the capital subscribed.

Legal formalities to form an S.E.:

similar to a SA

.

Establishing a business in Spain (1758kb.)

Company and commercial law (2007kb.)

The Spanish financial system (3048kb.)

Accounting and audit issues (2121kb.)

Prepared by Garrigues

 

Last updated: 19|02|2010