purchase a company in spain
TRANSCRIPT
Purchase a Company in Spain
A presentation brought to you by our lawyers in Spain
1
How to Start a Business in Spain
Foreign investors coming to Spain have two possibilities of starting a company.
The first one is to register a new company and the second one is to buy a Spanish company, with a business history.
2
Why Purchase a Spanish Company?
An EU citizen has all the rights to do business in Spain as the locals, so buying a company is easy.
The greatest advantage of choosing to purchase a company instead of registering a new company in Spain is saving a lot of time with the administrative procedures.
3
Due Diligence before Buying a Spanish Company
When a foreign investor decides to buy an existing company, he/she must pay special attention to the assets and liabilities of the company.
It is recommended to perform a due diligence procedure that can be handled by a Spanish attorney before buying a company in Spain.
4
Requirements to Buy a Company in Spain
It is quite simple to buy a shelf company in Spain without coming to the country.
You only need to grant power of attorney to our Spanish lawyers who will handle the purchase.
The only thing required is the tax identity number (NIE) for the Spanish company’s director.
5
Steps to Purchase a Company in Spain>>
For buying a company in Spain you need a contract for selling-buying operation and then to transfer the company from the previous owner to the new one.
The transfer can be done in the same time with signing the contract or after that, within a period that is mutually agreed.
6
>> Steps to Purchase a Company in Spain
Once the purchase is completed, you will be able to:
change the company’s name,
to modify its Articles of Association according to your needs,
make other modifications you see fit.
7
Documents Required to Buy a Company in Spain
A shelf company in Spain comes with the following features:
it has the incorporation documents prepared and notarized,
it has a registered address,
it is already registered with the Spanish Companies Registry ,
it has a fiscal identity number,
it has a bank account.
8
Legal Services Available in Spain
Our law firm in Spain offers a wide range of legal services for foreign and local clients.
The main legal services are:
setting up companies in Spain,
obtaining special permits and licenses,
tax advice and planning,
liquidation of Spanish companies.
9
Thank you for your attention!
For more information, please contact us at:
(+44) 203-287 0408 (for international clients)
www.lawyersspain.eu/10