Business Structures in Spain: A Detailed Comparison
Classified in Law & Jurisprudence
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Sole Trader
Sole Trader:
- Partners: 1 person
- Minimum Capital: None
- Liability: Unlimited
- Tax: Personal Income Tax (PIT)
- Submitted to the Commercial Code in commercial matters and the Civil Code concerning rights and obligations. The legal personality of the company is the same as that of its owner.
Community of Property
Community of Property:
- Partners: Minimum 2 partners
- Minimum Capital: None
- Liability: Unlimited
- Tax: PIT
- A thing or right belongs to a few people or co-owners.
Civil Society
Civil Society:
- Partners: Minimum 2 partners
- Minimum Capital: None
- Liability: Unlimited
- Tax: PIT
Partnership
Partnership:
- Partners: Minimum 2 partners
- Minimum Capital: None
- Liability: Unlimited
- Tax: Corporate Income Tax (IS)
- Traditional corporation. The general or capitalist partners