Bringing your business to Spain and growing it here is an opportunity you should not overlook.
Investments and Trade in Spain
The door is open. In the European Union and in Spain there are no restrictions on investments from or to other countries. Have you considered it? There are simply certain limits regarding specific fields such as defence.
Another possibility is to export goods and services from Spain to other locations worldwide, or otherwise import them into this country. Find out more information and perform related procedures via the Internet.
Business in Spain: Collaboration with other enterprises
You have the opportunity to expand your business. This is an economic decision involving an investment of resources, with the aim of recovering this in the future and obtaining a profit. There could be various reasons to expand your business in this way: regional or sectoral expansion or diversification, increased market share, execution of a particular project, increased efficiency, a competitive edge or other factors. The aim is better to position the enterprise within the marketplace and increase profits. It is vital to plan such an initiative properly.
There are various possibilities for this purpose depending on the case in question. You may wish to have establishments and representatives dependent on your enterprise, or otherwise collaborate with other business owners.
A) You can do business in Spain through establishments dependent on your enterprise: a subsidiary company, branch or representation office with a representative. Access further information via the following link.
B) Another possibility would be a joint venture, in other words collaboration with other enterprises or partners. Collaboration or association with other business owners will allow you to combine capacities, resources, enjoy greater possibilities, go further.
It is important to choose your travelling companions well. Collaboration with other business owners could involve different levels of commitment depending on the case in question, from one-off, temporary collaboration to the incorporation of a stable enterprise with other partners for a significant economic activity.
Get to know other business owners in your economic sector at business forums, Chambers of Commerce, trade fairs, other events or in your personal life. You may find these links to be of interest, although there are many other possibilities.
You can embark on enterprise initiatives by collaborating with other businesses. The legal structure employed may differ depending on your aims.
To undertake business in Spain without setting up your own centre of operations you could: reach a distribution agreement for your goods or services under which another business owner distributes them. Commission another business owner to perform certain economic activities in your name, as an agent or representative.
You could also consider setting up a franchise network. In other words, a set of establishments or stores belonging to other business owners. They undertake to distribute your products or services in accordance with the rules and instructions established in the franchise agreement. Joint actions are typically undertaken for the whole network of establishments selling the products or services: those directly dependent on your enterprise and those run as a franchise.
In order to undertake ancillary activities, for example to acquire certain supplies, implement a specific project, such as the construction of infrastructure or a technological project, you may find it useful to establish the following forms of collaboration with other enterprises: Economic Interest Grouping, European Economic Interest Grouping or Temporary Joint Venture (UTE).
One further step would be to establish a "participation account" agreement, with one or more business owners simply contributing capital to another business for the economic activity administered by it. They all share in the results of this activity, whether profits or losses, to the extent agreed.
Another possibility is to set up enterprises engaged in a joint economic activity in the long term, or as a main business: you can set up enterprises with the legal status of companies. One particular case would be European public limited-liability companies. This concept allows persons from different countries of the European Union to collaborate.
This link sets out detailed information about the various possibilities referred to above, in Spanish and English.
Other options for expanding your business are taking over an existing one, merging with another company or opening a branch in another EU country.
Many official procedures with the Spanish public authorities can be performed in a simple and convenient manner online. On occasion without identification, while in other cases you will need to use passwords, an electronic certificate or electronic ID card.