Can a foreigner form a company in Spain?

Yes. Foreign shareholders can participate in a Spanish company, but the required identification, documents, translations and the director's position must be reviewed before incorporation.

What type of company is commonly used?

A Sociedad Limitada, or SL, is commonly used by small and medium-sized businesses. The right structure depends on shareholders, capital, activity, risk and tax circumstances.

Can an SL be formed with less than 3,000 €?

Spanish company law allows an SL to be incorporated with capital from 1 €, but special reserve and liability rules apply while capital remains below 3,000 €. The practical amount should be reviewed for the business.

Does forming a company grant Spanish residence?

No. Company formation and immigration status are separate matters. Residence, work permission and personal tax residence require their own advice.

How much does ongoing accounting cost?

Billeo's company plan starts at 159 € per month plus VAT. Volume, employees, international transactions, annual accounts and any backlog affect the final scope.

What should I receive after formation?

You should keep the deed, tax number, registry evidence, tax registration, beneficial-owner information, bank evidence and a clear calendar for accounting and tax obligations.

Contactar

COMPANY FORMATION · SPAIN

Company formation in Spain with ongoing tax and accounting support

Billeo helps founders define the tax and accounting scope around forming a Spanish limited company. We separate incorporation costs from ongoing company accounting and confirm both before engagement.

Written scopeNo lock-inNamed advisor

Discuss my case See what we review

Updated: 21 August 2026 · 8 min read · Tax content reviewed by Alberto López

Billeo · verified scope

Service summary

From

159 €/month + IVA

ongoing accounting after incorporation

Formation mapReviewed

Tax registrationReviewed

Ongoing accountingReviewed

FIT

When it fits. And when it does not.

A reliable recommendation also explains its limits. Billeo confirms activity, documents and scope before engagement.

It may fit if…

Founders creating a Spanish limited company
Foreign shareholders who need English explanations
Freelancers moving to a company structure
Small companies that need accounting after incorporation

It needs a separate review if…

Visa or immigration advice included by default
International holding structures without specialist review
Projects without defined shareholders, activity or management

SCOPE

What the service should cover.

The scope is defined through concrete tasks, not a generic list of tax, accounting or payroll services.

Service 01

Formation map

Shareholders, director, company name, articles, capital, notary, tax number and registration steps.

Service 02

Tax registration

Activity, tax address, VAT, withholding and corporate-tax obligations after incorporation.

Service 03

Ongoing accounting

Bookkeeping, periodic tax returns, annual close and corporate obligations under the agreed scope.

Service 04

Payroll coordination

Director, employee and Social Security requirements reviewed separately when applicable.

Service 05

English-speaking contact

A named contact and written separation between formation work, recurring work and extras.

BEFORE ENGAGEMENT

Four checks that prevent surprises.

01
Define shareholders and the director
02
Separate company formation from residence or visa matters
03
Confirm the business activity and countries involved
04
Request the ongoing annual compliance scope in writing

Dudas resueltas

Real questions before you decide.

Todo lo que necesitas saber. Sin letra pequeña ni sorpresas.

VERIFIABLE SOURCES

Official guidance and bodies consulted.

Spanish Government · Company creation through PAE Central Mercantile Registry Spanish Tax Agency · Tax identification

AUTHORITY

Identifiable human review.

Reviewed by Alberto López

Billeo tax advisor

View profile and editorial criteria

English accounting services in Spain English-speaking tax advisor Freelancer in Spain Trust and company details

COMPANY FORMATION CHECK

Tell us about the shareholders, activity and timing.

We separate incorporation work from ongoing accounting and confirm both scopes in writing.

Formation checklist
Ongoing tax and accounting scope
Named English-speaking contact