Business Set Up & Self employment

 

We can talk you through the benefits and disadvantages of being self employed or forming a company in Spain. Self-employment is the most common option when you’re just starting out as you don’t have to commit money or have accountancy worries.

However, if you are self-employed (Autónomo) and someone files a lawsuit, then you are liable – your personal assets may be taken from you.. Choosing the right business structure is important to accommodate your businesses present and future goals. The legal business structures in Spain are as follows:

Sole Trader or Sole Proprietor (Empresario Individual or Autónomo)
Comunidad de Bienes (C.B.)
Partnership (Sociedad Civil)
Public Limited Company, or Corporation (Sociedad Anónima or S.A.)Limited Liability Company (Sociedad de Responsabilidad Limitada, S.R.L., or S.L.)
New Enterprise Limited Company (Sociedad Limitada Nueva Empresa)
Worker-Owned Company (Sociedad Laboral)
General Partnership (Sociedad Colectiva)
Limited Partnership (Sociedad Comanditaria)
Cooperative (Sociedad Cooperativa)

 

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