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

🏙️ Renting Commercial Property in Málaga – What You Need to Know

Whether you need a retail unit, office, or shared workspace, Málaga has flexible commercial property options. Foreigners can rent through a company (SL), as freelancers, or even via Power of Attorney.


🏢 Types of Office Space in Málaga

Property Type Typical Users
Traditional office SL companies, agencies, legal teams
Co-working space Freelancers, consultants, startups
Retail / storefront Shops, cafés, tourism services
Warehouse / industrial Logistics, storage, import/export
Virtual office Registration + mail services

We help review leases, check zoning, and negotiate favorable terms.


📋 Documents Required to Rent

Needed For Documents
SL company NIE, CIF, company deed, POA (if remote)
Freelancer NIE, Modelo 036/037, ID
Foreign company Passport, tax ID, Spanish legal rep

📌 Málaga landlords usually require a 2–3 month deposit, plus proof of business purpose and ID.


⚖️ Key Lease Terms to Watch

  • Use clause – Only permits approved business types

  • Rent increase – Usually tied to IPC (inflation)

  • Duration – Commonly 5 years with renewal

  • Maintenance & repairs – Clarify responsibility

  • Termination clause – Watch for early exit penalties

💡 Most contracts are in Spanish — we draft, review, and translate leases before signing.


💶 Estimated Rental Costs in Málaga

Property Type Rent Range (€ per m²/month)
City center office €10–€18
Retail in high-traffic zones €20–€40
Co-working desk €120–€250/month
Industrial property €4–€8
Virtual office €15–€45/month

🏦 Opening a Business Bank Account in Málaga

A Spanish business bank account is mandatory for company incorporation and tax compliance. We can help you open one in person or remotely with Power of Attorney.


🏛️ Best Banks for Business in Málaga

Bank Foreign-Friendly English Support Notes
CaixaBank (HolaBank) ✅ Yes ✅ Yes Ideal for foreigners
Sabadell ✅ Yes ✅ Yes Flexible corporate accounts
BBVA ✅ Yes Partial Modern interface
Santander ✅ Yes Limited Best for large-scale banking
N26 Spain (freelancers) ✅ Yes ✅ Yes App-based, no physical branches

We recommend banks based on your legal form, nationality, and POA preferences.


📝 Documents Needed to Open an Account

SL Company Freelancer
NIE & CIF NIE & Modelo 036
Notarized deed of incorporation ID or passport
Certificate of registration Proof of address
Power of Attorney (if remote) Digital certificate (if online)

📌 We prepare and submit all documents — no need to be in Spain.


🕒 Timeline & Process

Step Time Needed
NIE + CIF 5–10 days
POA signing 1–3 days
Bank appointment 3–7 business days
Capital deposit & certificate 1–2 days after deposit

We work with trusted bank managers in Málaga who understand foreign company needs.


❌ Common Mistakes to Avoid

⛔ Signing a lease without verifying property zoning
⛔ Forgetting to register office address with tax authorities
⛔ Using a personal account for business expenses
⛔ Opening an account outside of Andalucía
⛔ Failing to secure a capital deposit certificate for SL incorporation


🧑‍💼 Our Legal Services in Málaga

Borderless Lawyers helps:

✅ Rent and register commercial offices legally
✅ Draft or review lease agreements
✅ Open business bank accounts (in person or via POA)
✅ Register company addresses with AEAT
✅ Set up virtual offices for compliance


📞 Need Help With Office Space or a Business Bank Account in Málaga?

From securing a professional lease to opening your account without leaving home — we handle everything, legally and efficiently.

👉 Contact us for property and banking setup in Málaga.

error: Content is protected !!