Spanish Accountancy

Classification of Mercantile Companies in Spain

19, 03, 2018|Spanish Accountancy|

Welex, your accountant in Marbella is pleased to provide you a classification of Mercantile Companies in Spain. Spanish mercantile companies can be classified according to the following criteria:   1. From a structural point of view A classification can be made between societies of persons and corporatists versus capitalist companies. In the first, the partnership [...]

When is a credit considered as impossible to recover or to charge in Spain?

10, 01, 2018|Spanish Accountancy|

Litigation lawyer in Marbella Hopefully it will never come to this, but it is possible that at some stage in your professional life, you must face credits that are impossible to charge: therefore, we have some valuable information for you today.   Before you try to tackle the subject, we need to clarify in which [...]

Spanish Company under Formation

26, 12, 2017|Others, Spanish Accountancy|

Welex—Your multilingual law firm in Marbella! The Spanish company in formation exists from the moment when the members decide to form the company until the company is registered in the Mercantile Register. The Spanish Capital Companies Law of 02/07/2010 regulates the company in formation by Articles 36 to 38, which establish the following: Regarding the [...]

Spanish Accountancy Books and Annual Accounts in Spain

20, 12, 2017|Spanish Accountancy|

Welex Accountantsn Marbella are pleased to provide additional information on the well-known accountancy books and annual accounts in Spain:   Every company in Spain has a series of obligations of registration before the Spanish mercantile register: Accountancy books in Spain Spanish annual accounts.   The accounting books are presented before said registry within 4 months [...]

How to open a bank account in Spain as a non-resident

19, 11, 2017|Spanish Accountancy, Tax in Spain|

Welex, your leading law firm in Marbella, Málaga, Spain has answers and advice for you! If you are wondering if you can open an account in Spain when you are a foreigner, the answer is yes. Currently Spanish legislation and most banks in the financial system have the necessary resources and mechanisms for a non-resident [...]

Registering a magazine in Spain

16, 10, 2017|Others, Spanish Accountancy|

First, it is important to mention that there are two Registries: REGISTERING THE MAGAZINE AT A TERRITORIAL REGISTRY OF INTELLECTUAL PROPERTY    A) General information  The Intellectual Property Registry is an entity provided for in intellectual property law, which is unique throughout the country. The Registry is conceived as a system for the protection of [...]

Limited Liability Company in Spain

09, 10, 2017|Others, Spanish Accountancy|

The Limited Liability Company (LLC) is one of the most common company forms in Spain; its capital is divided into shares, which are integrated by the contributions of all partners who are not personally responsible for social debts.   The main characteristics are: – The partners are not personally responsible for social debts, but only [...]

All you need to know at the time of the constitution of a limited company in Spain

02, 10, 2017|Spanish Accountancy|

A Spanish limited company is governed by the Capital Companies Law, Royal Decree 1/2010, 2nd July.   The minimum capital is €3,000, which is divided into shares to be assigned to the shareholders, according to their contribution, and who will not be personally responsible for the debts of the company.   To set up a [...]


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