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Fees and timelines in 2023

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 €14,789 including Spain company incorporation, corporate bank account setup,tax registration, legal registered office, company secretary and all government registration fees.

Different Spain entity typesCostDraft invoice
Tax resident LLC€14,789View invoice PDF
Public limited company€15,989View invoice PDF
Free zone company€12,539View invoice PDF
Branch of a foreign company€15,889View invoice PDF
Representative office€13,239View invoice PDF

Other fee considerations

Timelines

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

ServiceLLCPublic Limited CompanyBranch OfficeRepresentative OfficeFree zone company
Engagement Planning1 week1 week1 week1 week1 week
Company incorporation period3 weeks4 weeks5 weeks5 weeks5 weeks
Bank Account approval3 weeks4 weeks4 weeks4 weeks4 weeks
Corporate internet banking approval1 week1 week1 week1 week1 week
Engagement completion1 week1 week1 week1 week1 week
Total engagement period9 weeks11 weeks12 weeks12 weeks12 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
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