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Spain can be a very nice place to live in, with its lovely weather, friendly locals and reasonably affordable lifestyle.
So if you’re considering moving here and opening your own business, we explain you how.
If you want to open a business in Spain, you need to have a permit to live and work in the country. In case you’re an EU citizen, you’ll only need to obtain your tax identification number called NIE (Número de Identificación de Extranjero). With it you are able to pay your taxes, as well as any other activity that requires an official process, like opening a bank account or buying a property.
If you’re not from the EU, you will also need a visa and work permit.
To apply for a work permit when you’re planning to open a business, you have to do it at the Spanish embassy or consulate in your home country and you`ll need to provide the following documents:
After obtaining your permit, you will have to prove you still fulfill all these conditions every year for the next five years. After this, you can apply for long-term Spanish resident status.
Regulated professions and businesses
Certain professions and types of business are heavily regulated. So you need to verify that you comply with the applicable rules for your situation. Your qualifications will probably need to be officially accredited and in some cases, you may also need to apply for a license.
Rules can also vary between regions, so you should check out the national and regional rules of the region you plan to base your business.
info@labeabogados.com