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Service 02 · SL and other legal entities

Companies in Spain: we set them up, take them over and look after them

From the articles of association and the notary to accounting, tax and staff. All in English, and with an official representative's signature.

Setting up an SLfrom €490
Ongoing accountingfrom €199.90 / month
Express registration+€150

All prices exclude VAT.

Setting up an SL

from €490

End to end: from idea to final tax number

  1. Initial consultation: business activities, partners and your goals
  2. We prepare the paperwork: articles of association, deed of incorporation, powers of attorney (if needed) and the statement of beneficial ownership, tailored to your activities and needs
  3. We accompany you to the notary
  4. We register the company at the Companies Registry (Registro Mercantil)
  5. We file the beneficial ownership declaration
  6. We obtain the company's final tax number (NIF)

Notary and registry fees are paid separately, at the official rates of the notary and the Companies Registry.

Need it faster? Express registration · +€150Ask us whether express registration is possible in your case.
Ask us
Set up your SL with K21

Additional services

Help opening a bank account€150
Registering directors' activity with the Seguridad Socialfrom €40
Business activity licences (architect's fees not included)from €200

Prices exclude VAT.

Spanish NIF for a foreign company

from €650

Is your company registered abroad but needs to buy property, open a bank account or do business in Spain? We will get it a Spanish tax number.

Request the document list

Ongoing company accounting

from €199.90 / month

Every company's workload is different, so we don't sell one-size-fits-all packages. Answer five quick questions and we will give you an exact price at the consultation.

Get a quote for your SL

Prices exclude VAT.

What the price depends on
01
Bank accountsHow many accounts need to be kept and reconciled.
02
Volume of paperworkHow many invoices and transactions go through each month.
03
Employees (laboral)Contracts, payroll and Seguridad Social contributions.
04
Activities and licencesOne line of business or several.
05
International businessClients and suppliers in the EU and elsewhere.

Switching from another asesoría

We confirm the exact price at the consultation: it depends on the state of your records and the amount of work involved.

We take on a limited number of companies so that each one gets enough of our attention. Ask us for the next available switchover date.
Check the switchover date
How the switch works
01Consultation: we review your records and give you a price
02You sign an authorisation and we request everything from your previous asesoría
03We carry on looking after your company without interruption

Questions about companies

From the blog, under “Companies”.

All questions and guides
How long does it take to set up an SL?

Usually from 10 working days from signing at the notary until registration in the Mercantile Register (Registro Mercantil) and receipt of the definitive NIF (tax ID). With express registration (+€150), from 4 working days. The exact time depends on how busy the notary and the register are.

Do I need share capital, and how much?

The minimum share capital for an SL (Spanish limited company) is currently €1. However, if it is below €3,000, the law requires 20% of profits to be set aside in a reserve until the reserve plus the capital reaches €3,000, and on liquidation the shareholders are liable for the company's debts up to the shortfall to €3,000. That is why most people choose €3,000 of capital. It can be paid into a bank account (the bank issues a certificate) or contributed in cash: in that case no bank certificate is needed, but the founders state the contribution in the incorporation documents and are jointly and severally liable for it actually having been made. We will advise which option suits your case best.

How do I work out what an employee will cost?

On average, the full cost of an employee to the company is the gross salary plus around 37%: on top come the employer's Social Security (Seguridad Social) contributions and other mandatory payments. For example, with a gross salary of €2,000 a month, the company's cost will be roughly €2,740. The exact amount depends on the type of contract and job category. We will work it out for your case.

How do I switch to you from another adviser (asesoría)?

You sign an authorisation in our favour and we take care of everything else: we request your documents and filing history from your previous adviser and carry on managing your affairs without interruption. The easiest time to switch is at the start of a quarter (for companies, at the start of the year), but you can start at any time.

Setting up a company or thinking of changing asesoría?

Book a consultation: we will look at your situation and give you a price.