Ready-made company in Spain

Published:
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

Obtaining residence permit and citizenship in Turkey when buying a property

Dreaming of life under the Turkish sun? A Turkish Residency Permit is your ticket to a carefree holiday. Residency allowance not only legalizes your stay for a year or more but also opens doors for work, depending on the type of document obtained. Learn who can get the coveted status, under what terms, and what…

Read more 03.06.2024

NIE NUMBER in Spain: Definition, Types, Procedure and Papers

Provided that you are a non-citizen, buying a property in Spain is possible with the NIE. It is your unique number as a non-citizen. It’s vital for various activities, from buying housing to making a bank account. However, it’s important to note that the NIE alone doesn’t grant lawful residency. This article will guide you…

Read more 28.05.2024

How to Purchase a Property in Spain

Buying a property in another state offers numerous chances, from generating rental income to becoming a resident or even a citizen. With a diverse range of places to choose from, finding the ideal house in Spain is within reach. While the acquiring procedure may appear daunting at first, this guide provides a clear and concise…

Read more 28.05.2024

Gaming license in Portugal

The gaming industry in Portugal has seen substantial growth, prompting both local entrepreneurs and global investors to explore opportunities in this lucrative market. Understanding the legal framework for obtaining a gaming license in Portugal is essential for those interested in documenting this sector. This comprehensive guide covers the essentials of the gaming-license process, the associated…

Read more 27.05.2024

Buying A House In Spain In 2024

Acquiring housing requires careful navigation of legal procedures and a keen awareness of the accommodation market. Before investing, in-depth investigation is vital to avoid scams, understand taxation, and stay ahead of market changes.  This guide provides valuable insights for a smooth transition to homeownership in Spain, whether you’re interested in coastal areas or major cities….

Read more 27.05.2024

Buying an apartment in Spain: Is it a good idea

Acquiring a property in Spain can be an appealing choice for numerous international investors. The country boasts stunning beaches, a pleasant climate, and a rich culture that draws people from various backgrounds. In this article, we will delve into the reasons why investing in an apartment in Spain is a wise decision. Embracing the Mediterranean…

Read more 21.05.2024

How does the Process of Buying a Property in Turkey Work?

Turkey, with its rich cultural heritage, stunning landscapes, and booming real-estate field, has become an increasingly popular destination for possession investing. Whether you’re looking for a holiday home, a retirement retreat, or a lucrative investing possibility, guiding the method of Purchasing Property in Turkey can be an exciting yet daunting task. In this comprehensive guide,…

Read more 13.05.2024

Crypto license in the Dominican Republic

Crypto has significantly altered the economic landscape globally, offering innovative ways to transact and invest. As these digital assets gain traction, various countries are establishing adjustment substructures to oversee their use and protect investors. The Dominican Republic, known for its progressive policy to technology and finance, has also begun to navigate the complex terrain of…

Read more 24.04.2024

5 Best jurisdictions for Gaming license

In the vibrant realm of online-gaming, selecting a jurisdiction for achieving gaming permission transcends a mere adjustment formality; it’s a crucial decision impacting field access, tax obligations, and the brand’s prestige. A wise choice can unlock doors to profitable fields, build trust among players and partners, and ensure a stable legal framework conducive to growth….

Read more 17.04.2024

In which countries is it better to buy Real Estate in 2024?

In the ever-evolving landscape of global real-estate acquisition, the question of where to invest money is crucial. While the past may offer some insights, the future is where depositors aim to position themselves for success. Now, in 2024, various factors come into play when determining the best countries for real-estate acquisition. From economic solidity to…

Read more 16.04.2024

Top 6 Best Offshore Jurisdictions for crypto:

In recent years, the cryptocurrency field has witnessed exponential growth, attracting investors and enthusiasts alike from all corners of the globe. However, navigating the legal landscape surrounding cryptocurrencies can be complex, with adjustments varying significantly from one lawfulment to another. For those looking to establish a crypto-related business or simply seeking a favorable adjustment circumstances…

Read more 08.04.2024

What is important to know when buying Property in Turkey?

Whether you’re considering purchasing a holiday home, an investment in property, or relocating permanently, buying real estate in Turkey can be a rewarding venture. However, like any possessions purchase, it requires careful consideration and research to ensure a smooth transaction and avoid potential pitfalls. In this guide, we’ll explore the key factors to keep in…

Read more 21.03.2024