
Spain is establishing itself as an increasingly popular destination for entrepreneurs looking to create their startup. With a dynamic ecosystem, competitive costs, and a favorable regulatory framework, the country offers numerous advantages for developing an innovative young company. Discover in this article everything you need to know to launch your startup in Spain.
Spain, a Startup Paradise?
The Spanish startup ecosystem has experienced remarkable growth in recent years. Several factors contribute to making Spain an attractive destination for entrepreneurs:
– A pool of qualified talent, particularly in technology and digital fields – Competitive creation and operating costs compared to other European countries – A favorable regulatory framework with simplified procedures for creating a business – Numerous incubators, accelerators, and coworking spaces in major cities – Easier access to public and private funding for innovative startups
Major Spanish cities are competing to attract startups. Barcelona and Madrid position themselves as the two main hubs, but other metropolitan areas like Valencia, Malaga, or Bilbao are also developing dynamic ecosystems.
According to the latest data, the Spanish startup ecosystem grew by 16% in 2024. The country is attracting more and more foreign entrepreneurs, drawn by the quality of life and economic dynamism.
Good to know:
Spain offers a special visa for innovative entrepreneurs, facilitating the settlement of foreign project leaders.
Which Legal Structure to Choose for Your Spanish Startup?
Several legal forms are available to entrepreneurs wishing to create their startup in Spain. Here are the main suitable structures:
Sociedad Limitada (SL) This is the equivalent of the French SARL. This structure offers several advantages: – Minimum share capital of €3,000 – Limited liability for partners – Management flexibility – Possibility to create a single-member SL
Sociedad Anónima (SA) Equivalent to the French SA, this structure suits projects requiring significant capital: – Minimum share capital of €60,000 – Structure adapted for fundraising – Enhanced credibility with partners
Sociedad Limitada Nueva Empresa (SLNE) This specific structure aims to simplify business creation: – Creation in 48 hours through online procedures – Share capital between €3,000 and €120,000 – Tax benefits in the first years
Empresario Individual (EI) Equivalent to the self-employed status, it is suitable for starting a business alone: – No minimum capital required – Simplified procedures – But unlimited liability for the entrepreneur
The choice of legal structure will depend on your project, your capital needs, and your development goals. It is recommended to consult an accountant or lawyer to guide you toward the most suitable structure.
Good to know:
Spain recently introduced a new “innovative European company” status aimed at facilitating the development of startups on a European scale.
How to Finance Your Startup in Spain?
Funding is a crucial issue for any startup. Spain offers various options for raising funds:
Public Aid The Spanish government and autonomous communities offer numerous support schemes: – Innovation grants (CDTI) – Subsidized loans (ENISA) – Research tax credits – Support programs (ICEX)
Venture Capital The venture capital ecosystem is rapidly developing in Spain: – Investment funds specialized in startups – Active business angels in major cities – Investor networks like ASCRI
Crowdfunding Crowdfunding and crowdlending platforms are multiplying: – Equity crowdfunding to raise capital – Participatory loans to finance growth – Pre-sale campaigns to test the market
Banks Banking institutions offer dedicated packages for startups: – Innovation loans – Specific credit lines – Bank guarantees
Accelerators and Incubators Many programs offer support and funding: – Seed capital for early-stage projects – Connection with investors – Access to resources and expertise
To optimize your chances of obtaining funding, it is crucial to prepare your business plan and pitch well. Do not hesitate to seek guidance from experts to structure your project and convince investors.
Good to know:
The European Investment Bank (EIB) recently granted a loan of €515 million to Spain to support innovation and R&D, from which startups can benefit.
Keys to Success for Your Spanish Startup
Launching a startup in Spain offers great opportunities but requires meticulous preparation. Here are some tips to maximize your chances of success:
– Study the Spanish market and its specificities in depth – Build a strong team, mixing local and international talent – Integrate into the local ecosystem (events, networks, associations) – Master the legal and tax aspects specific to Spain – Develop your network and strategic partnerships – Adopt an international approach from the start
Spain offers fertile ground for innovative startups. With adequate preparation and a solid project, you will have all the advantages to make your business take off in this dynamic market.
Good to know:
More and more American entrepreneurs are choosing Spain to develop their startups, attracted by the quality of life and growth opportunities in Europe.
Disclaimer: The information provided on this website is for informational purposes only and does not constitute financial, legal, or professional advice. We encourage you to consult qualified experts before making any investment, real estate, or expatriation decisions. Although we strive to maintain up-to-date and accurate information, we do not guarantee the completeness, accuracy, or timeliness of the proposed content. As investment and expatriation involve risks, we disclaim any liability for potential losses or damages arising from the use of this site. Your use of this site confirms your acceptance of these terms and your understanding of the associated risks.