Foreign producers wishing to set up in Spain have several alternatives to formalize their situation.
Provisional establishment in Spain (only companies belonging to the EU)
Those companies belonging to the EU have the possibility to establish themselves provisionally in Spain after registering in the Registry of Finance, for which it is necessary to provide a copy of their articles of incorporation. Then, you will provide the company with a tax identification number for foreigners. The company will have to pay the taxes corresponding to the benefits that it obtains in Spain.
Open a subsidiary office in Spain
The procedure in this case is the same as for any newly incorporated company. The representative of the company must sign before a notary the deed of incorporation of the company, obtain the tax identification number, register for the economic activities tax corresponding to the activity he/she wishes to carry out and apply for registration with the Social Security. The company will be independent from the legal, fiscal and financial point of view, and will be subject to the tax on the value added.
Association with a local producer
A third possibility, and perhaps the most common, is the association of a foreign production company with a local production company, which provides its services in exchange for a previously agreed remuneration or establishes a co-production agreement with the foreign company.
