A Spanish Sociedad Limitada provides a fully legal EU business entity with strong corporate protection and credibility.

When the company is based in Tenerife (Canary Islands), it operates under a special tax regime outside the EU VAT area. Instead of standard EU VAT (IVA), businesses apply IGIC (Canary Islands General Indirect Tax), which in many cases can result in a more flexible and tax-efficient structure depending on the business model.

This structure is ideal for long-term business growth, offering stability, flexibility, and access to the wider EU and international markets.

• Accounting services: from 150 €/month
Includes full monthly bookkeeping, corporate tax management, invoice processing, financial reporting, and communication with Spanish tax authorities (Hacienda). The service ensures your company remains fully compliant with Spanish accounting regulations throughout the year. Pricing may vary depending on transaction volume and business complexity.

• Company director social security: approx. 100 €/year in the first year, increasing to around 440 €/year in later years
This covers mandatory social security contributions for company directors in Spain. During the initial period, reduced rates may apply, especially under new business incentives. These payments ensure full legal compliance and access to the Spanish social security system.

Important requirement – NIE number

A NIE (Foreigner Identification Number) is required for all foreign nationals who wish to start a business or carry out legal and financial activities in Spain. It is necessary for company registration, tax purposes, opening a bank account, and conducting business operations.

The NIE can be obtained either in person in Spain or through the Spanish Embassy or Consulate in your country of residence.

What can we offer?

We provide a complete SL (Sociedad Limitada) company formation service in Spain, guiding you through the entire process from the initial planning stage to full business activation.

Our goal is to make the setup process simple, efficient, and fully compliant with Spanish legal and tax requirements, regardless of whether you are starting a new venture or expanding an existing business into the EU.

Our services include:

• Full assistance with company incorporation in Spain
• Support with obtaining your NIE number if required
• Preparation and coordination of all legal incorporation documents
• Company name reservation and registration with Spanish authorities
• Notary process coordination and Commercial Registry registration
• Registration with the Spanish Tax Agency (Hacienda)
• Guidance with Social Security registration for company directors
• Assistance with business bank account setup (Spanish banks or Revolut Business, depending on eligibility)
• Optional registered business address in Spain if required for incorporation
• Ongoing guidance to ensure proper structure and compliance from day one

Autónomo allows you to operate legally as a self-employed individual in Spain, issue invoices, and pay taxes under the Spanish system. It is often used as a fast entry point into the Spanish business system.

Registration is done with the Spanish tax office (Hacienda) and social security system. In many cases, the process can be completed in a single day in Tenerife, making it one of the fastest ways to become legally active.

Costs & taxes:

The Autónomo setup is a simple and cost-effective way to start working legally in Spain. The registration process typically costs from 590 € and can often be completed within a single visit.

After registration, monthly social security contributions usually range between €80–100 during the first year, benefiting from reduced rates. From the second year onwards, contributions generally increase to approximately €320 per month.

Income earned as an Autónomo is subject to personal income tax, which starts at around 20%. For annual income exceeding €30,000, additional tax may apply, typically around 7%, depending on your individual tax situation.

Important requirement – NIE number

A NIE (Foreigner Identification Number) is required for all foreign nationals who wish to start a business or carry out legal and financial activities in Spain. It is necessary for company registration, tax purposes, opening a bank account, and conducting business operations.

The NIE can be obtained either in person in Spain or through the Spanish Embassy or Consulate in your country of residence.

What can we offer?

We provide a complete Autónomo registration service in Tenerife, guiding you through every step of the process from start to finish. Whether you are relocating to Spain, starting a freelance activity, opening an online business, or becoming self-employed for the first time, we can help make the process simple and stress-free.

Our services include:

• Assistance with obtaining your NIE number.
• Guidance on registration with the Spanish Tax Agency (Hacienda).
• Registration with the Spanish Social Security system (Seguridad Social).
• Support with selecting the most suitable business activity classification.
• Help with tax obligations and administrative requirements.
• Assistance with opening a Spanish bank account when needed.
• Ongoing support after registration, including accounting and tax-related guidance.

We provide a complete Autónomo registration service in Tenerife, handling the entire process from start to finish. Whether you are a freelancer, entrepreneur, remote worker, or digital nomad, we help you start your business legally in Spain while taking care of the paperwork.

*Prices and rates are subject to change due to fluctuations in foreign country pricing, currency exchange rates, decisions made by AssistPRO, as well as changes in national or international taxes and fees. To receive an accurate proposal with pricing details, please contact us!