Choose the legal form

The first thing is to determine the type of company that you are going to réate and determine the
legal form: joint-stock company, limited company, cooperative … You can see here the one that
best suits your situation according to your characteristics.

2. Negative certification

You must obtain in the Central Mercantile Registry the negative Certification of the name of the
company (CNN) that proves the exclusivity and non-existence of another company with the same
name. It can be processed in person with a form at the Mercantile Registry offices, by mail or
through the web.

3. Share capital
Deposit an amount of money in a bank, which will vary depending on the share capital required in
each case. For a limited company the minimum is 3,000 euros, and for a public limited company
the capital may not be less than 60,000 euros.

4. Request the NIF

Obtain the Tax Identification Number at the Tax Agency, first provisional by presenting the
necessary documentation (model 036, copy of the articles of incorporation and copy of the
statutes), and then the final one (no later than 6 months) presenting the deed.

5. Creation of the company

You must make a public deed before a notary in which the partners sign the constitution of the
company.

Registration in the Commercial Registry

Registration of the company in the Provincial Mercantile Registry to obtain full legal competence.
It will take place at the Mercantile Registry office of the same province where the company is
domiciled.

7. Registration with IAE

You must register for the Tax on Economic Activities with the business activity that is going to be
carried out, in an office of the Tax Agency.

8. Company books

Legalize the company books (inventory book, annual accounts book and daily book) in the
corresponding Mercantile Registry of the province. It consists of putting an official certificate on
the first page of the books and marking the rest of the pages with the seal of the Registry.

9. Patent and trademark registration

Registration of distinctive signs such as words, phrases, images or symbols in the Spanish Patent
and Trademark Office, since having previously registered a denomination in the Commercial
Registry does not mean having it protected as a trademark.

10. Commissioning

After carrying out the previous steps you will be almost ready to start your business, although
depending on the type you may have to do some more, for example, if you are going to have
workers you must notify the opening of the work center to the Provincial Directorate of the
Ministry of Employment and social security and obtain a guest book for inspections. In addition, it
is highly recommended to obtain an electronic certificate to be able to sign documentation
electronically and streamline processes.
This whole process may seem tedious, although all of us who have set up a company have gone
through it and in the end it is to get. But I have good news.