Setting up a business

Types of Corporate Entity

The most common types are as follows:

CORPORATIONAt least 1At least €60,000Limited to capital contributedFEATURES FORMALITIES
EUROPEAN COMPANYAt least 1At least €120,000Limited, in principle, to the capital subscribedFEATURES FORMALITIES
LIMITED LIABILITY COMPANYAt least 1At least €3,000Limited to capital contributedFEATURES FORMALITIES
NEW BUSINESS LIMITED LIABILITY COMPANYMinimum 1 / Maximum 5 at the time of formation (only natural persons)Between €3,000 and €120,000Limited to capital contributedFEATURES FORMALITIES

For more information, visit

* Please note that it also exists the Professional Services Firm (S.P.) (whose corporate purpose can only be the pursuit in common by various members of a professional activity), which may be formed in accordance with any of the forms provided for in the law, as long as they contemplate the specific requirements included in the Professional Services Firms Law.


For further information, visit the extended version of our online Guide to Business:

Establishing a business in Spain

Annex I. Company and commercial law

Annex II. The Spanish financial system

Annex III. Accounting and audit issues

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Last updated: 24|01|2018

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