Spain Start up Business – Emprendedores Residence Visa
Spani start up business – Are you interested in starting your own business in Spain? Do you want to know more about the Emprendedores Residence Visa for entrepreneurs? Spain is an attractive destination for start-ups due to its excellent infrastructure and vibrant business community, and the Emprendedores Residence Visa provides an opportunity for entrepreneurs to live in Spain while setting up their business. In this blog post, we’ll discuss the eligibility requirements, benefits and steps required to apply for the Emprendedores Residence Visa in Spain.
Benefits of European Business Visa
According to Articles 69 to 70 of Law 14 September 27, 2013, the resident Visa mentioned above could be requested by those foreigners who request to enter the country and they intend to initiate, develop or direct an economic activity as an entrepreneur. They may be provided with a residence authorization to develop their business activity valid throughout the national territory. The entrepreneurial activity must have an economic interest for Spain.
“The Spain Start Up Business scene is full of enthusiasm, with many entrepreneurs looking to make their mark on the world.“
We provide the following services:
- Management of the required documentation in order to get the Start up Business.
- Emprendedores residence Visa in Spain approval for the client which the possibility to include ascending, descending or couple.
- Design and development of the necessary business plan.
- Registration process of the company and registration process of the brand in the Ministry of Labor, Migration and Social Security.
- Spanish N.I.E. processing.
- Hiring a private health insurance policy for a year period in order to covering all the specialties with a company that only operates in Spanish territory.
- Cultural integration in Spain.
- Processing all the needed documents not only in Spain but also in the International Commercial Office of the Spanish Embassy in the client´s country of residence.
Consulting about spain start up business
The Services will also include any other consulting tasks which the Parties may agree to in writing, until the client receives the Start up Business – Emprendedores residence Visa in their original passport. The entrepreneurial activity must have an economic and INNOVATION interest for Spain.
The Client should provide the Company with all the documentation required by articles 69 to 70 of the Law 14 of September of 2013 of the Spanish Government in order to be able to receive the Start up.
Business residence Visa approval. The requirements of the mentioned law are the following:
- Address in Spain: The Spanish Government will evaluate that both the client and his family group intend to take root in the country to integrate culturally. Also, that the client has an address where they can locate it or intend to acquire a property, either their own or through a leasing contract. As established by the Royal Decree above mentioned, the Spanish Government will take this point into consideration for the purposes of the residence Visa approval and subsequent renewal.
- Professional profile: the Spanish government will assess different aspects for the Client´s Curriculum Vitae.
- Business Plan: the Client must be include all possible information about the innovation project that will be presented, describe processes, promotional activities, sales strategies, describes products and services in order to design and develop the required Business Plan.
- Original and photocopy of Passport.
- Economic solvency certificate.
- Signed authorization for Paragoal Businessmen Services to manage the documents.
- 4 passport photos.
- Negative criminal record issued in the last three months by the authorities of the country or countries where the client have resided in the last five years. Original Police Clearance of Client´s country of residence.
The approximate term for the realization of these services is between 6 to 9 month, depending on the time it takes the business plan approval.
In the event that the Startup business residence Visa isa denied, the Client could choose to require the approval of the non lucrative residence Visa.
How to Start a Business in Spain in 8 Steps?
- Research the local market: Before you start a business in Spain, it is important to research the local market. This will help you understand the local consumer demand and the competition you face.
- Choose the right legal structure: Selecting the right legal structure for your business is essential. The type of business structure you choose will determine your tax obligations, the amount of paperwork you will need to complete and the amount of liability you will have.
- Register your business: Once you have selected the right legal structure for your business, you will need to register it with the Spanish authorities. This will require you to provide the necessary paperwork and pay a registration fee.
- Obtain the necessary permits and licenses: Depending on the type of business you are starting, you may need to obtain certain permits and licenses.
- Open a business bank account: You will need to open a business bank account in order to manage your company’s finances. You will also need to provide the bank with the necessary paperwork to open an account.
- Hire employees: If you plan on hiring employees, you will need to submit the necessary paperwork to the government and obtain a work permit for each employee.
- Comply with tax regulations: You will need to register for tax purposes and comply with the Spanish tax regulations. This will require you to submit the necessary paperwork to the Spanish tax authorities.
- Advertise your business: Once you have set up your business, it is important to start advertising your services. You can do this through traditional methods such as print, radio and television, or through digital channels such as social media and search engine marketing.