UAE entrepreneurs can start a Spanish Sociedad Limitada (SL) without travelling. Steps include:
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Get a NIE – Foreigner Identification Number for all shareholders.
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Reserve Company Name – Approved by the Spanish Mercantile Registry.
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Open Bank Account & Deposit Capital – Minimum €1, usually €3,000.
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Prepare Articles of Association – Define business activities and rules.
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Notary Signing – Done in Spain or via Power of Attorney.
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Register for Tax & VAT – Complete with Spanish authorities.