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Frequently Asked Questions

Date post: 08-Feb-2017
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A presentation brought to you by LawyersSpain.eu Frequently Asked Questions 1
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Page 1: Frequently Asked Questions

A presentation brought to you by LawyersSpain.eu

Frequently Asked Questions

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Page 2: Frequently Asked Questions

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Legal system in Spain

Persons who will perform business activities in Spain or those who want to relocate here for a definite or indefinite period of time should become familiar with the applicable legislation.

The legal system in Spain provides rules of law for numerous aspects, such as:

• Commercial law;• Civil law;• Criminal law.

Page 3: Frequently Asked Questions

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What are the regulations for investing in Spain?

When establishing a business in Spain, one of the main aspects refers to choosing and reserving a trading name for the company.

Further on, it is required to open a bank account for the legal entity.

Any company operating in Spain must receive a registration certificate and the company’s fiscal identification number.

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How to set up a company in Spain The legal steps for forming an SA and/or SRL are similar.

The company must be registered with local Mercantile Registry.

Spanish law states that foreign citizens may generally operate businesses under the same conditions as the Spanish ones.

Our team of attorneys in Spain can offer more details on this subject.

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Which are the legal systems in Spain?

Local disputes are usually handled by regular courts of law.

There are four areas of law in Spain:

Civil law; Criminal law; Constitutional law; Administrative law.

The litigation settlement is performed in the preliminary proceedings.

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Do I need a visa for Spain?Citizens from EU countries and also from Iceland, Switzerland and Norway do not require a visa for entering Spain.

They will only need a valid passport or an EU ID card.

Non-EU citizens are required to obtain a visa in accordance with the purpose they have for residing in Spain.

Our attorneys in Spain can offer legal representation.

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Do I need special licenses in Spain?

When opening a company in Spain, the investors may be required to obtain business permits and licenses, which are issued in accordance with the business field in which the company operates.

In order to obtain such documents, the businessmen will have to contact the relevant authorities, which are able to provide licenses and permits in Spain.

Page 8: Frequently Asked Questions

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Can I become a citizen in Spain?Foreigners who reside in Spain for ten years are usually granted citizenship.

Persons who are refugees can obtain the Spanish citizenship in five years.

Refugees from Latin America, Philippines, Andorra and Portugal can obtain the citizenship in two years.

Persons who marry a Spanish citizen can obtain the citizenship in Spain in one year.

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What are the employment rules in Spain?Foreign persons are allowed to work in Spain. According to the country in which they are national citizens, it might be necessary to obtain a work permit.

The employment legislation available in Spain is similar with the regulations imposed across the European Union.

EU citizens do not need an employment permit, as they benefit from the same regulations applicable to Spanish citizens.

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Business consultancy in Spain

Investors can receive assistance on other legal services, such as the taxation system applicable in Spain.

Please contact our law firm in Spain for legal advice related to the incorporation of a company or for any other type of inquiry.

Our attorneys can provide legal assistance on the regulations related to the Foreign Investment Law.

Page 11: Frequently Asked Questions

Thank you for your attention!

For more information please contact us at:

(+44)203-287 0408 (for international clients)

[email protected]

www.lawyersspain.eu

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