Spain

1. 🏛️ Do You Need a Business Bank Account in Spain? Yes — every company in Spain, including SLs and foreign-owned entities, must have a Spanish business bank account to: Deposit share capital (€3,000 min) Receive a certificate for company registration Handle payments (clients, salaries, taxes) Stay compliant with tax and accounting laws Freelancers (autónomos) […]

1. 🏢 Can Foreign-Owned Companies Hire Staff in Barcelona? Yes. Any Spanish company (including those owned by foreigners) can legally hire local or international staff in Barcelona.To do so, you must comply with Spanish labor law, social security, and payroll requirements. If your company is newly formed, you’ll first need: A valid CIF (tax ID)

1. 📌 Why Choose Barcelona to Form Your Company? Barcelona is one of Europe’s most attractive hubs for foreign entrepreneurs thanks to: A thriving tech and startup ecosystem Strong infrastructure and lifestyle International talent and workforce Lower costs than other major EU cities Spain’s flexible SL company structure Company formation is open to both EU

1. 🏢 What Is an SL Company in Spain? An SL (Sociedad Limitada) is the Spanish equivalent of a Limited Liability Company (LLC). It is the most common legal structure for small and medium-sized businesses in Barcelona. Key features: Limited liability: You’re only liable up to the amount invested Minimum capital: Only €3,000 to set

🇪🇸 Can Foreigners Start a Company in Barcelona? Yes — both EU and non-EU citizens can open a company in Barcelona. Spain encourages international business activity, especially in innovation, services, and real estate sectors. You can register: As a sole trader (autónomo) As a company (usually an SL — Sociedad Limitada) Through a branch or