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How to Set Up an SA, SL or SLNE
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How to set up a limited liability company (Sociedad Limitada/SL or Sociedad de Responsabilidad Limitada/SRL) in Spain...
The Sociedad Limitada (SL)
is the most common form of company in Spain and is similar to a limited company
in other countries. The advantage of this sort of company structure are that
there is a minimum of capital required and limited liability to the owners.
- For more
information about SL from Invest in
Spain
The New Business Limited Company is
a simplified form of the SL but has its own naming requirements. The
company name must include one of the founder's names and a registration number.
It must also have the words SLNE or Sociedad Limitada Nueva
Empresa. Also, there can not be more than five shareholders at
the start.
- For more
information about SLNE from
Invest in Spain
- An SA corporation
is the equivalent of a public limited company with a large minimum trading
capital.
- For more information about SA from Invest in Spain