In this booklet we will look at:
• Applying for an NIE
• Applying for a Social Security Number
• Setting up as Self-employed (Autonomo)
• How to benefit form reduced social security payments
• Setting up a Limited Company (SL)
• Registering in the Register of Intra-Community Operators ("ROI")
This booklet has been compiled to give you an insight into starting a business in Spain and to give you some of the questions you should be asking whichever professional (gestor/assessor/accountant) you chose to assist you in your venture.
If you are thinking of starting a business in Spain, you will probably be deciding between starting up as self-employed (autonomo) or creating a Limited Company (Sociedad Limitada) as these are the most common options.
Previously, many people started as autonomo and eventually progressed to an SL. The main reason for this was the high cost of starting an SL and the accounting expenses associated with the SL.
However, starting a business in Spain as an SL is no longer as expensive as it used to be.
This booklet is an introduction to what is involved in starting a business in Spain. It will give you good insight and provide you with enough information to know whether it is something you wish to embark on.
Whatever your situation, this booklet will explain some of the most popular options available to you and a rough calculation of costings.
This booklet is in no way designed to replace expert advice provided by qualified accountants and tax advisers.
Preparing questions based on the topics covered in this booklet will give you a good feel as to whether the person you are talking to is qualified to assist you.
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