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Setting up a business
Types of Corporate Entity
The most common types are as follows:
| TYPE OF ENTITY* | NO. OF SHAREHOLDERS | MINIMUM CAPITAL | LIABILITY | SEE |
| CORPORATION | At least 1 | At least €60,102 | Limited to capital contributed | FEATURES FORMALITIES |
| EUROPEAN COMPANY | At least 1 | No less than €120,000 | Limited, in principle, to the capital subscribed | FEATURES FORMALITIES |
| LIMITED LIABILITY COMPANY | At least 1 | At least €3,006 | Limited to capital contributed | FEATURES FORMALITIES |
| NEW BUSINESS LIMITED LIABILITY COMPANY | Minimum 1 / Maximum 5 at the time of formation | Between €3,012 and €120,202 | Limited to capital contributed | FEATURES FORMALITIES |
For more information, visit www.ipyme.org
* 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 that they contemplate the specific requirements included in the Professional Services Firms Law.
Establishing a business in Spain
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Company and commercial law
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Spanish financial law
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Accounting and auditing issues
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Prepared by Garrigues
Edited by Samuel Passow
