Spain

Ease of Doing Business in

Spain

This page summarizes Doing Business 2014 data for Spain. The first table lists the overall "Ease of Doing Business" rank (out of 189 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region OECD high income
Income Category High income
Population 46,217,961
GNI Per Capita (US$) 30,110
City covered Madrid
Doing Business 2014 Rank Doing Business 2013 Rank*** Change in Rank
52 46 down -6

Doing Business 2014 DTF** (% points) Doing Business 2013 DTF** (% points) Improvement in DTF** (% points)
71.39 72.70 down -1.31
Positive=Doing Business reform making it easier to do business. Negative=Doing Business reform making it more difficult to do business.
 

Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2014 Rank 142 DB 2013 Rank*** 136 Change in Rank down-6
DB 2014 DTF** (% points) 77.79 DB 2013 DTF** (% points) 76.70 Improvement in DTF** (% points) up1.09

Information on new business density and number of newly created firms with limited liability can be found at Entrepreneurship Database.

Indicator Spain OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

View methodology
Procedures (number)
10 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

View methodology
Time (days)
23.0 11.1

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

View methodology
Cost (% of income per capita)
4.7 3.6

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

View methodology
Paid-in Min. Capital (% of income per capita)
13.4 10.4
No. Procedure Time to Complete Associated Costs
1 Obtain a certification of uniqueness of proposed company name (certificación negativa de la denominación social) from the Mercantile Register 2 days EUR 13.52
2 Open a bank account for the company; deposit capital in the bank and obtain a deposit certificate 1 day no charge
3 Grant a public deed of incorporation before a public notary 1 day approximately €500, depends on the amount of the share capital and complexity of the operation.
4 Submit Declaración Censal de Inicio de Actividad and obtain the Tax Identification Number (Numero de Identificación Fiscal, NIF) from the Delegación Provincial de la Agencia Estatal de la Administración Tributaria 1 day no charge
5 Obtain a tax declaration of exemption from the Dirección General de Tributos - Consejería Hacienda Comunidad Madrid 1 day no charge
6 File the public deed of incorporation of the company for its registration with the Mercantile Registry. 6 days and up to 15 days EUR 155 to EUR 300, depending on the amount of the share capital and complexity of the transaction.
7 Legalize company books 10 days approximately EUR 25 to purchase the books (2 books) + EUR 21.49 to legalize
* 8 Submit a notification of start of operations (declaración responsable) to a private agency authorized by the municipality (ECLU) 1 day (simultaneous with previous procedure) EUR 350. The cost varies depending on the location and the size of the business premises.
* 9 File for social security and affiliate all workers with the local general treasury of social security (Tesorería General de la Seguridad Social) 1 day (simultaneous with previous procedure) no charge
* 10 Notify the Delegación Provincial de la Consejería de Trabajo e Industria 1 day (simultaneous with previous procedure) no charge
* Takes place simultaneously with another procedure.

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the topics including Getting Electricity across all economies included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

***Last year's rankings are adjusted: they are based on 10 topics and reflect data corrections.

Explore Economy Data


- OR -

Close