What accounting books are mandatory for an SL? Updated guide 2025
The Sociedad de Responsabilidad Limitada (SL), as a commercial company in Spain, is subject to a series of accounting and registration obligations. These are based on the Commercial Code, the Capital Companies Act and the General Accounting Plan (PGC). The correct keeping, legalisation and preservation of accounting and company books not only guarantees regulatory compliance, […]
Corporate Tax and Annual Accounts in Spain: Essential Guide for Companies
Compliance with tax and accounting obligations is crucial for any company operating in Spain. Two of the main responsibilities are filing corporate tax returns and preparing annual accounts, interrelated obligations that reflect the company’s economic and financial situation before the Tax Authorities and the Commercial Registry. This article provides a practical and up-to-date guide for […]
Differences between a Limited Company (SL) and a Public Limited Company (SA) in Spain: Which is the best option for your business?
When you decide to start or expand your business, one of the most important decisions is choosing the right legal form. In Spain, Limited Liability Companies (LLC) and Public Limited Companies (PLC) are the most commonly used options, but they have key differences in terms of start-up capital, partner liability, management, taxation and access to […]
Common Errors in Drafting the Deed of Incorporation of a Company and How to Avoid Them
The incorporation of a company in Spain is a process that requires meticulous attention to various legal and administrative aspects. One of the most critical steps is the drafting of the deed of incorporation, the document that formalises the creation of the company and establishes its operational basis. However, it is common for entrepreneurs to […]
Tax Obligations Every Company Should Know in its First Year in Spain
Starting a business in Spain involves complying with a series of tax obligations from the moment the company begins its activity. These obligations are essential to avoid penalties and ensure that the company complies with the law. Below are the main tax obligations that every company should be aware of during its first year of […]
Incorporation of Companies: Formalities and Documentation
When starting a new business or commercial project, it is natural for an entrepreneur to focus on the development of the idea. However, it is crucial from the outset to consider the legal structure of the business, the first fundamental step being the incorporation of a company. Benefits of Incorporation Companies offer the advantage of […]