Ready-made company in Spain

September 15, 2022
Ready-made company in Spain

There are two ways for foreign investors to launch a company in Spain. One of the choices entails starting a business using the usual registration process; the alternative involves buying a ready-made company in Spain.

A ready-made company is typically chosen by entrepreneurs who want to begin their operations as soon as possible because this kind of company has already been incorporated and the only thing left to do is transfer ownership. If you are attracted to the quick incorporation of your business our attorneys are ready to help you with looking for a company for sale in Spain.

Why should you buy ready-made companies in Spain?

The main benefit of choosing to buy a business rather than forming a new company is that the administrative processes will take much less time. Spanish shelf companies are already in operation because some of them also need additional licenses or permits, which lengthens the registration process.

  • Its establishment papers have been drafted, signed, and it is registered in Spain;
  • It is formed under one of the legal persons accessible in Spain and has already been registered with the Spanish Commercial Registry;
  • It has a business bank account and receives financial identity numbers;
  • a shelf company established in Spain with the sole intention of being sold, which engaged in no commercial operations;
  • By acquiring various types of assets, the firm’s representatives can raise the capital of the company;
  • The capital can be increased when the document for the transfer of stock is signed, as well as at any time after the ready-made business is purchased.

The conditions for buying a shelf company in Spain

It is important to realize that, if the investors have decided to purchase a shelf company, the acquisition procedure is rather simple. If you’re an investor from outside the country, you don’t need to go there to make the purchase. Our company can handle the purchase transaction and assist with the entire procedure.

The directors of a purchased ready-made business are one of the adjustments that must be made, and in this regard, it is important to be aware that the investors must supply a tax identification number for the selected director.

Benefits of a company in Spain?

The usual registration process for establishing a company in Spain can take a while; the benefit of finding companies in Spain for sale is that you can start engaging in economic activity right away.

The investors will save time on the initial implementation because the firm is already registered with the government municipalities, but they can also take advantage of other benefits, including those listed below:

  • regardless of the corporate structure that the shelf business is incorporated, the company’s purchasers are not required to deposit any share capital because the legal entity already has the necessary capital;
  • as previously noted, a certificate confirming that the shelf company has no commercial activity will serve as proof of this;
  • a certificate stating that the company had no prior business activities and that it is debt-free will be provided to buyers when they buy a shelf company;
  • a Spanish notary authenticates this documentation, which is provided when investors buy the company’s stock;
  • The company’s goals might be changed to suit the requirements of the new owners’ enterprise.

How long does the buying process take in Spain?

When opposed to beginning the process of Spanish company incorporation, buying a Spanish shelf company saves time, as was previously noted. While buying a ready-made firm can be done in one day, registering a company using the regular incorporation process can take several weeks. Once the business has been acquired and the necessary paperwork has been signed, the new management can officially launch the business.

What modifications are possible for a Spanish shelf company?

As seen in this article, a shelf company’s new owners can readily change the kind of activities that will be handled by this kind of firm. The entrepreneurs can also modify the company’s trading name in this situation, a process that could be initiated once the ownership transfer is complete. This is not the only modification that can be made, though.

It is also possible to change the company’s trading name before you buy the business, but doing so is significantly more difficult because the Spanish Mercantile Registry needs to be notified and a new certificate for the company’s trading name needs to be issued. The buying process may take longer in this instance than it would normally.

If you are attracted in seeking a Spanish company with a bank account for sale, our lawyers can consult you on questions that are connected with the process of purchasing and registration.

Our specialists will help you choose the best option among various businesses for sale. Feel free to contact us anytime.

Related insights

Offshore bank license in Cayman islands

Commonly-chosen space for banking, largely dominating the rest due to high-quality private-banking. Offshore bank license in Cayman Islands gives entrepreneurs possibilities to provide banking-services legally, thereby strengthening assurance of partners and capital-holders. Offshore banking licenses Cayman Islands Presently, Caymans are a promising and desirable hub for Chinese establishments. Several new banks already applied for permits…

Read more 21.03.2023

Offshore bank license in Bahamas

Bahamas banking-niche possesses a status of a rapidly growing segment of economy. Banking facilities offering commercials only for people and structures without residence are considered non-residential companies for foreign exchange monitoring goals. Thus, it isn’t permitted for them to propose services for locals and businesses not previously getting Central Bank’s approbation. It makes it easy…

Read more 21.03.2023

Offshore bank license in Gambia

Having a permit such as offshore bank license in Gambia gives possibilities to offer accounts opening and management services, and to carry out all related operations related to them. Offshore-accounts in the Gambia give certain advantages. The list of such privileges includes: strong assets protection-mechanisms; higher interest-rate; low-rates or no taxation. How to get offshore…

Read more 16.03.2023

Offshore bank license in Labuan

Possessing such a permit as offshore bank license in Labuan requires passing through a complicated process. All local commercial structures are administered by Labuan FSA. This authority is in charge of managing jurisdiction’s International Center and acts as main local enforcement body. Firms intending to get permission for such activities apply in person to FSA….

Read more 16.03.2023

AEMI license in Cyprus

AEMI is a financial establishment that carries out electronic money circulation. According to Cyprus law, AEMIs must have an appropriate license from the Central Bank of Cyprus to ensure a high level of protection of client funds. Overview Cyprus legislation allows AEMI to carry out a wide range of financial operations, such as issuing electronic…

Read more 13.03.2023

AEMI license in Czech Republic

Today’s country has favorable legislation that makes it easy to register and conduct business in the country. The government seeks to create favorable conditions for entrepreneurial activity, which makes the Czech Republic one of the most suitable countries for obtaining a permission for an Electronic Money Institution. Authorized Electronic Money Institution (AEMI) in the Czech…

Read more 13.03.2023

AEMI license in Ireland

Ireland has one of the most developed virtual money industries in Europe. The country has several key players in the market such as PayPal, Stripe and Skrill. These firms issue virtual money and supply remittance favors to millions of customers worldwide. Overview The E-Money Act in country requires all electronic money issuers to be licensed…

Read more 13.03.2023

AEMI license in Poland

Today’s country, which has been a member of the EU from 2004, when supplying the issue of virtual money and remittance systems, must be controlled by the Second Directive of Europe and the demands of the GDPR adjustment. At the state level, the monetary controller (Financial Supervision Committee) has not formed liberal or proscriptive terms,…

Read more 13.03.2023

Crypto Regulating in Poland 2023

The popularity of crypto is growing rapidly. But the work of crypto-companies is complicated by the lack of a developed legal workspace in most states. In Poland, the government regulates digital currency. Entrepreneurs who want to work in this field register corporations in the state and supply services to inner and foreign markets. Crypto license…

Read more 09.03.2023

Cryptolicense in Germany

Germany is a favorite territory for investors searching to enroll a crypto business-company in Europe. This country is a highly-developed EU participant country with the fourth biggest economy worldwide. Country was one of the first states in the world to propose monetary establishment legal certainty permitting them to retain crypto assets. State’s crypto adjustment stipulates…

Read more 09.03.2023

Crypto registration in Isle of Man

In the past, many businessmens were interested in one of the tax-free jurisdictions – the Isle of Man. To date, Isle of Man administration agencies have passed a series of laws aimed at controlling crypto actions, mostly ICOs. If you are interested in acquiring a Isle of Man Crypto exchange permission , you should keep…

Read more 04.03.2023

UK Forex Brokerage License

The British FX brokerage permit is one of the most authoritative permissions in the world. In order to complete the operation of achieving a FX broker license in the UK, the firm must be enrolled in the country. An organizational and lawful form such as a limited liability corporation (LLC) is the best choice. Regulation…

Read more 03.03.2023