Set up a limited company in Mallorca

Advice on limited company formation in Mallorca. Our team of advisors are ready to assist you to set up your limited company and make the right decisions.

andres-mora-llabres

Andrés Mora Llabres

CEO

A limited company structure provides a firewall between the finances of the company and its owners.

Set up a limited company in Mallorca

SIGNIFICANT ADVANTAGES OF A LIMITED COMPANY:

  • LIMITED LIABILITY

The company is a separate legal entity and this can protect your personal assets from business creditors if for any reason the company is unable to clear all of its debts and has to cease trading.

  • TAX EFFICIENCY

Trading as a limited company can be more tax efficient due to dividends.

  • CREDIBILITY

In some business sectors in Spain, the words SL after a business name may give credibility.

  • EASY TRANSFERABILITY OF SHARES

Shares can be transferred with very little restrictions.