Spain Branch Office – Sucursal
We can register a Spanish branch office/ Sucursal for your company. If you wish to do business in Spain, but do not require an incorporated company, you can register a Branch which is administered like a company
To proceed, we need a resolution from the parent company to register a Spanish branch.
The resolution does not need to be legalised, but a Power of Attorney needs to be drafted in the name of the company by a director granting powers to us.
Process to Register a Branch
- Register the branch with the tax authorities
- Appoint a local officer
- Lodge the registration documents with the Registry
- An instruction by the person or people who are going to be officers of the branch.
Spanish Branch Office
Our Branch Registration service includes:
- Ensuring a copy of the foreign company documents are apostilled, together with a Good Standing Certificate
- Translating the documents into Spanish
- Ensuring that the person appointed to administrate the branch has a fiscal identification (NIE) in Spain
- Obtaining apostilled Powers of Attorney
- Appointment with the notary, to draw up the incorporation deed
- Obtaining a CIF number for the branch
- Stamp the deed of registration at the regional tax office
- Lodge the deed of registration in the Mercantile Registry
Accounting Requirements for Branches in Spain
- It is compulsory to maintain accounts and file a Corporate Tax return/ Impuestos sobre sociedades even if the company has had no activity.
Documents to be filed
A company or a branch will have to lodge quarterly forms and statements, which include:
- IVA/ VAT return
- Return about rents paid and received; including the payment of withholding tax
- A return about professional retention’s and advanced income tax retention’s for employees
- Record of European inter-community sales and purchases
and once a year the following is required:
- Corporation Tax return – this is a 50 page document, including balance sheet, record of movements of reserves and equity, profit and loss account and notes.
- Annual VAT or indirect tax summary
- Annual summary of payroll and professional retention details
- Annual summary of rent withholding tax details
- Intrastat records
- Record of European inter-community sales and purchases