Renting Offices & Opening a Business Bank Account in Ibiza – Legal Guide for Foreigners

🏙️ Renting Business Premises in Ibiza

Whether you’re opening a beachside café or launching a design studio, you’ll need a legally registered fiscal address. Options in Ibiza include:

Type Best For
Private commercial office SL companies, agencies, startups
Retail or food premises Shops, restaurants, beach bars
Coworking spaces Freelancers, creatives, digital nomads
Virtual office Remote operations needing a fiscal address
Industrial units Logistics, equipment storage

We help you secure a legal address — including virtual office solutions that meet AEAT and registry standards.


📝 Leasing a Commercial Property in Ibiza – What to Know

Leases in Ibiza follow national commercial law, but be cautious of:

  • Zoning & activity license (licencia de apertura)

  • Tourist zone restrictions (especially for retail & food)

  • Deposits and long-term obligations (often 1–3 years)

  • Premises condition and liability clauses

  • Language: Contracts will be in Spanish — legal review is essential

✅ We handle lease reviews, due diligence, and activity license coordination with Ibiza’s Ajuntament.


💸 Office & Retail Rent Prices in Ibiza

Space Type Average Monthly Cost (€/m²)
Coworking desk €200 – €400
Basic office €15 – €25/m²
Retail space (city center / port) €35 – €60/m²
Industrial unit €6 – €10/m²
Virtual office €35 – €70/month

Prices spike during the tourist season — plan accordingly if leasing long-term.


🏦 How to Open a Business Bank Account in Ibiza

A business account is required for:

✅ SL company capital deposit
✅ Invoicing and tax compliance
✅ Payroll and supplier payments

We can open an account in person or remotely using Power of Attorney.


📄 Documents Needed to Open a Business Account

SL Companies Freelancers (Autónomos)
NIE + CIF NIE + Modelo 036 or 037
Company formation deed (Escritura) Proof of residence
Articles of Association Passport or EU ID
Notarial POA (for remote process) Optional digital certificate

💡 We ensure all documents meet bank due diligence requirements — no delays.


🏛️ Banks in Ibiza Popular with Foreigners

Bank Strengths Notes
Sabadell Expats, strong English support Fast SL account setup
CaixaBank HolaBank program for foreigners Multilingual staff
BBVA Efficient online services Online-only banking available
Santander Good local branch coverage Less English support
N26 / Revolut Only for freelancers Not suitable for SLs

We assist with appointments, document submission, and remote onboarding where applicable.


⏳ Account Setup Timeline

Step Estimated Time
NIE + digital certificate 5–10 business days
In-person or remote account opening 1–5 days
Deposit share capital (SL) Same day
Certificate for notary 1–2 business days
Tax registration Immediate after deposit

❌ Common Mistakes to Avoid

⛔ Signing leases without confirming business zoning or licensing
⛔ Using residential addresses for SL registration (non-compliant)
⛔ Missing bank documentation (e.g., notarized company deed)
⛔ Operating without a fiscal address on invoices
⛔ Opening a personal account instead of a business one


🧑‍💼 Our Legal Help in Ibiza

Borderless Lawyers offers:

✅ Full support with commercial leases, virtual office setup
✅ Activity license coordination with Ibiza authorities
✅ POA-based bank account setup (SL & autónomos)
✅ Business registration, accounting, and compliance
✅ Bilingual legal review of all contracts and filings


📞 Need Help Renting an Office or Opening a Bank Account in Ibiza?

We simplify the entire process so you can focus on building your brand — not battling bureaucracy.

👉 Contact us today for full legal setup support in Ibiza.

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