Fees and timelines in 2022

Fees

payment by instalmentSpain business setup costs in Year 1 will amount to €7,519 and annual company costs in Year 2 and thereafter will amount to €0. The average fee per engagement amounts to €14,689 including Spain company incorporation, corporate bank account setup,tax registration, legal registered office, company secretary and all government registration fees.

Different Spain entity types Cost Draft invoice
Tax resident LLC €14,689 View invoice PDF
Public limited company €15,889 View invoice PDF
Free zone company €12,539 View invoice PDF
Branch of a foreign company €15,889 View invoice PDF
Representative office €13,139 View invoice PDF

Timelines

The average company registration period is 9 weeks as outlined below:

Service LLC Public Limited Company Branch Office Representative Office Free zone company
Engagement Planning 1 week 1 week 1 week 1 week 1 week
Company incorporation period 3 weeks 4 weeks 5 weeks 5 weeks 5 weeks
Bank Account approval 3 weeks 4 weeks 4 weeks 4 weeks 4 weeks
Corporate internet banking approval 1 week 1 week 1 week 1 week 1 week
Engagement completion 1 week 1 week 1 week 1 week 1 week
Total engagement period 9 weeks 11 weeks 12 weeks 12 weeks 12 weeks

spain business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Spain, please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi