Málaga has established itself as one of the top cities for entrepreneurs and business owners in southern Spain. Its combination of climate, quality of life, and a growing business infrastructure makes it an excellent choice for setting up your company. If you’re considering starting a company in Málaga, here’s an overview of the most common business types, the steps to follow, and the benefits of choosing this city.

 

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Benefits of Establishing a Company in Málaga

Málaga offers a range of advantages to companies that decide to settle here, making it an increasingly attractive city for entrepreneurs:

✅ Strategic location: Málaga is a city with excellent national and international connections, thanks to its port, airport, and transport infrastructure.

✅ Entrepreneurial ecosystem: Málaga is emerging as one of Spain’s main tech hubs, with a dynamic ecosystem of startups, business incubators, and innovation centers. This creates the perfect environment for businesses looking to grow and connect with other companies.

✅ Access to talent: The city is home to universities and educational centers that provide a wide pool of qualified talent, especially in areas like technology, tourism, and international trade.

✅ Quality of life: Málaga is a coastal city with a privileged climate that enhances the quality of life for its residents. It also offers a rich cultural scene and high-quality services that attract both business owners and their employees.

✅ Incentives and support: The Junta de Andalucía and other local institutions offer grants and aid to businesses setting up in the region, facilitating the creation and growth of companies.

 

Establishing a Limited Liability Company in Málaga

The Limited Liability Company (LLC) is the most common legal form for small and medium-sized enterprises in Málaga. This type of company requires a minimum capital of 3,000 euros, which must be contributed at the time of incorporation. Additionally, the liability of the partners is limited to the contributed capital, offering security against potential debts or liabilities of the company.

The advantages of an LLC include:

  • Simplicity in incorporation: It is easy to set up and manage, making it a popular choice among entrepreneurs.
  • Flexibility: Partners can agree on how to distribute profits and manage the company.
  • Low incorporation cost: It requires a relatively low initial investment compared to other types of companies, making it an excellent option for small business owners and startups.

 

Steps to Create an LLC in Málaga

The process to create an LLC in Málaga is relatively straightforward and involves the following steps:

1. Obtain the negative name certification: Ensure the company name is not already registered by another entity.

2. Open a bank account and deposit the capital: The minimum capital of 3,000 euros must be deposited in a bank account in the company’s name.

3. Draft the bylaws: The bylaws define the rules that will govern the company, from profit distribution to decision-making.

4. Sign the public deed: This document must be signed before a notary to formalize the incorporation of the LLC.

5. Register with the Commercial Registry: The next step is to register the company with the Málaga Commercial Registry.

6. Obtain the Tax Identification Number (NIF): Apply for the company’s Tax Identification Number.

7. Register with the Tax Agency: Complete the business activity registration using form 036.

 

✅ Ready to Start Your Business in Málaga?

If you’ve decided to start a business in Málaga but don’t know where to begin, don’t worry. At Adlanter, we can guide you through every step of the process, from company incorporation to fiscal and administrative procedures.

Contact us today and make your business project in Málaga a reality.

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