• Location: Spain is located in extreme southwestern Europe, occupying about 85 percent of the Iberian Peninsula, which it shares with its smaller neighbor Portugal.
• Total area: 505,992 km² 
• Population: 48.7 million people (2024) 
• Capital: Madrid
• Currency: EURO (EUR) 
• Dialing code: +34 
• Official language: Spanish 
• Ethnic groups: This is the dominant ethnic group in Spain. Catalan: Spoken by around 17% of the population. Galician: Spoken by around 7% of the population. Basque: Spoken by around 2% of the population. Other ethnic groups such as Andalusians, Castilians, and Valencians also exist in Spain. 
• Credit rating: A- 
• Type of government: is a parliamentary constitutional monarchy, with a hereditary monarch serving as head of state and a prime minister as head of government.
• Executive branch: The monarch (currently King Felipe VI) serves as the head of state, with ceremonial and symbolic duties. The Prime Minister (currently Pedro Sánchez) is the head of government, responsible for appointing ministers and overseeing the administration.
• Legislative branch: The Cortes Generals is the national legislature, composed of two chambers: Congress of Deputies (Congreso de los Diputados) 350 members and Senate (Senado) 266 members.  
• Judicial branch: Constitutional Court (Tribunal Constitucional): The highest court in Spain, responsible for interpreting the Constitution and ensuring its compliance. Supreme Court (Tribunal Supremo): The highest court in Spain's ordinary judiciary, with jurisdiction over civil and criminal cases. National High Court (Audiencia Nacional): A high court with jurisdiction over serious crimes and appeals from lower courts. Regional Courts: Each autonomous community has its own regional court system.

Tax System:

• Personal tax: 19% to 45%
• Corporate tax: 25% 
• Corporate tax (in detail): This tax is levied on companies' profits, with a standard rate of 25% 
• VAT: 4% to 21% VAT.
• Details: This is a consumption tax levied on goods and services, with rates ranging from 4% to 21%. 
• Withholding tax: 19% (dividends), 19% (interest), 24% (royalty) 
• Other taxes: Withholding tax is applied to rental income, with a standard rate of 19%. 
• Change control: No 
• Government rate: No 
• Stamp duty: Yes

Types of Company in Spain:

• Limited liability company (Sociedad Limitada)

It is a type of private company that offers limited liability protection to its shareholders.

• Stock corporation (Sociedad anónima)

It is a type of public company that offers shares to the public and is listed on a stock exchange.

       The creation of a company      in Spain:

• Choose a business structure: The most common types of companies in Spain are Limited Liability Companies (SL) and Public Limited Companies (SA).
• Choose a business name (https://sede.registradores.org/)
• Register your company
• Obtain necessary licenses and permits: Depending on the type of business, you may need to obtain licenses and permits from local authorities.
• Open a bank account: You will need to open a bank account in Spain to manage your company's finances.
• Register for taxes: You will need to register your company for taxes, including VAT and corporate tax.

What is included in our register company:

Stock corporation:

• Registered company by laws
• Memorandum
• Articles of association
• Share certificates for a value of €60.000 maximum Social Capital. Company tax ID (NIF) 

Limited liability company:

• Registered company by laws
• Memorandum
• Share certificates for a value of €3000
• Company tax ID (NIF)

Service additionally:

• Virtual Office (optional, 1 year contract) 
• Insurance Commercial (optional)
• Open bank account business.
• Trademark (optional)
• Virtual receptionist (optional)
• Telephone Local (optional)
• Accounting service (optional, referred to a commercial partner)