Doing business in Spain. Entering the spanish market

Our services

Save your business tens of thousands of dollars
when entering Spain

Save your business tens of thousands of dollars
when entering Spain

Learn more about our services Learn more about our services

Spain market research

You will receive an analysis of the competitive landscape, insights into your target audience, and detailed industry analytics. This will help you assess business conditions in advance and successfully adapt to the local business environment.

Spain market research

Business plan & strategies

Receive a thoroughly developed business plan for entering the Spanish market, created with consideration of local economic conditions, cultural specifics, and your strategic goals. The plan will include all key sections—from market and competitive analysis to financial modeling and risk assessment.

Business plan & strategies

Business setup consultation

We will develop personalized recommendations for entering the Spanish market. We will help you gain a deeper understanding of your target audience’s needs, analyze competitors, and consider the specifics of local consumer behavior. You will receive a clear understanding of the key steps necessary for a successful launch and sustainable growth in the Spanish business environment.

Business setup consultation

Positioning strategies

We will help you gain a deeper understanding of your target audience’s needs, analyze competitors, and consider the specifics of local consumer behavior. You will gain a clear understanding of the key steps required for a successful launch and sustainable growth in the Spanish business environment.

Positioning strategies

General information

Population
47 420 000 people
Official language
Spanish
Main religion
Christianity
Currency
EURO
Time zone
UTC+1

Economy of Spain

GDP per capita
30 103 USD
Economic growth
5,5%
Unemployment
10,01%
Inflation
6,4%
Investment inflow
36,6 млрд долларов США

Business in Spain

Popular type of legal entity
Sociedad Limitada (SL)
Minimum number of shareholders
1
Company registration period
1-2 weeks
Minimum share capital
3000 euro
Restrictions for foreigners on starting a business
No
A local director is required?
No
Corporate tax
25%
VAT
the standard rate is 21%, with reduced rates of 10% and 4% applied to certain goods and services

Advantages and disadvantages

Advantages
strategic location, strong tourism industry, rich cultural heritage, skilled workforce, favorable living and working conditions, developed infrastructure, and access to the EU market
Disadvantages
bureaucracy, high unemployment, language barrier for non-Spanish speakers, limited access to startup financing, economic instability, and high corporate tax rate