Starting a business
From choosing the right legal structure to ongoing tax compliance: we support every step of setting up your business.
Apply for a NIF for the business entity from the Tax Agency (Agencia Tributaria).
General rate of 25%. Reduced-size companies (revenue between €1M and €10M) are taxed at 23%; microenterprises (revenue under €1M) apply a progressive scale from 17% to 20% depending on taxable income (2024 reform, Law 7/2024). Newly created companies still benefit from a reduced 15% rate for their first two profitable years. Annual tax returns filed using form 200, with payments due in three instalments.
Standard rate, with reduced rates of 10% and 4% for specific goods and services. Quarterly VAT returns filed using form 303.
Sole proprietors and certain business partners must pay IRPF on business income. Businesses must withhold IRPF from employee salaries and certain professional services quarterly.
Employers contribute a percentage of each employee's salary. Self-employed individuals (autónomos) pay their own monthly contributions.
Business Activity Tax applies to businesses with revenue exceeding €1 million. Real Estate Tax is paid annually on business-owned property.
Accurate accounting records must be maintained in accordance with the Spanish General Accounting Plan. Certain businesses require an annual financial audit.
Submit annual accounts to the Commercial Registry, alongside corporate tax returns, VAT returns and other periodic filings.
Provide legal employment contracts, issue detailed payslips showing salary and deductions, and ensure health and safety compliance.
We help you choose the right structure and stay compliant from the very first day.