The Sociedad Limitada (SL) and the Sociedad Anónima (SA) are Spain’s two major corporate forms. Both give shareholders limited liability, but they are designed for very different realities. The fundamental difference: capital The SL can be formed with €1 of capital (Crea y Crece law). The SA requires a minimum of €60,000, at least 25%…
Creating an SL is not hard, but the same mistakes get repeated over and over — and they are expensive to fix later. These are the five most common. 1. Incorporating with €1 of capital without understanding the consequences The Crea y Crece law allows a €1 SL, and many do it to save money….
Many people think you need several partners to create a company. You don’t: the Single-Shareholder Limited Company (SLU) gives you an SL with just one shareholder, combining the asset protection of a company with full control of an individual business. What exactly an SLU is An SLU is a normal limited company in every way…
