Spain offshore company incorporation

If you want to form a Spain offshore company and you are not resident in the country, you will need to obtain a number that identifies you for tax purposes (known as the ‘NIE’). We can help you get this number so that you can open your company in Spain.

There are three types of companies for foreign investors. The first is the ‘sociedad limitada’, whose corporation tax is set at 15% in the first year if financial results are positive, moving to a fixed rate of 25% as long as company profits do not exceed 8 million euros.

The second is the ‘sociedad anónima’, which requires a minimum capital of 60,000 euros and is subject to a tax rate of 30%.

Finally, the ETVE (similar to a holding company), which allows total exemption for dividends reinvested abroad.

All these elements promote the Spain offshore company incorporation.

Spain is a member of the European Union, and a social and democratic state of law whose form of government is a parliamentary monarchy. Its territory is divided into 17 communities and two autonomous cities.

Although the tax rate in Spain is not one of the lowest in Europe, spanish taxation nevertheless allows some degree of manoeuvre that mitigates the corporation tax rate.

The self-employed are taxed progressively, according to the income obtained during the fiscal year.

Holdings companies (the ‘Sociedades de patrimonio ‘) have been subject to a new regime since 2003. By bringing together stakes in various companies, the Holding company offers numerous tax advantages.

The ETVE (entities holding foreign securities) are the Spanish version of the participation exemption regimes offered by Austrian Holding companies or even those in Luxembourg (Soparfi).

This regime consists of exonerating profits from foreign sources that are paid in the form of dividend distribution or capital gains from transfer of shares.