S.L.N.E. in only 72 hours
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The ADL can help you to legally set up your company in only 48 hours. The legal form is Sociedad Limitada Nueva Empresa (SLNE), meaning Limited Society - New Company. This type of company is similar to the regular Sociedad Limitada; the difference is simplified accounting requirements, and the existence of fiscal benefits for its creation. Main points defining a SLNE:
  • Founding partners are limited to a maximum of 5. They have to be persons, they cannot be other companies. A one-only founder SLNE is acceptable.
  • Minimum initial investment is 3,012 €. Maximum is 120,202 €. This amount has to be completely paid, using money, at the moment of foundation.
  • The activity definition is always a non-detailed, generic one, which allows a modification in the company's activity without the need to make a costly modification of its published governing rules.
  • The company's name consists of the name of one of the founders plus a code. This can be changed later.
  • Public governing rules made according to a standard model are acceptable. The use of these standard rules will reduce the delay at Notary and Registration offices to a maximum of 24 hours each.
  • There are two ways to create the SLNE: online from the ADL, and in person.
  • You will receive a form for accounting. The form is adapted to the reality of very small businesses, and fulfils the authorities accounting and fiscal requirements. You can use the information also as a management tool.
If interested please do not hesitate to contact us. We will appoint you to explain all the details.
 
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Last update on Domingo, 5 de Septiembre de 2010.
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