Spain Business Legal Forms: Capital, Liability, Tax & Social Security
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Understanding Business Legal Forms in Spain
When establishing a business in Spain, selecting the appropriate legal form is a critical decision. This choice impacts various aspects, including capital requirements, liability, taxation, and social security obligations. Below is a comparative overview of common Spanish business structures.
Sole Trader (Autónomo)
- Minimum Members: 1 (the individual entrepreneur)
- Capital Requirement: No minimum initial capital required
- Liability: Unlimited (personal assets are not protected)
- Taxation: Personal Income Tax (IRPF)
- Social Security Regime: Special Regime for Self-Employed (RETA)
- Key Characteristics:
- Simplest form to establish.
- Direct management by the individual.
Community of Property (Comunidad de Bienes - CB)
- Minimum