Spain

Ease of Doing Business in

Spain

This page shows summary Doing Business 2012 data for Spain. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. 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 46,217,400
GNI Per Capita (US$) 31,650.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
44 45 down 1
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 133 148 up 15
Dealing with Construction Permits 38 39 up 1
Getting Electricity 69 70 up 1
Registering Property 56 45 up -11
Getting Credit 48 45 up -3
Protecting Investors 97 93 up -4
Paying Taxes 48 76 up 28
Trading Across Borders 55 57 up 2
Enforcing Contracts 54 53 up -1
Resolving Insolvency 20 21 up 1

Economy Profile

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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 2012 Rank 133 DB 2011 Rank 148 Change in Rank up15
Indicator Spain OECD high income 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).

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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.

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Time (days)
28 -- 12

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.

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Cost (% of income per capita)
4.7 -- 4.7

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.

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Paid-in Min. Capital (% of income per capita)
13.2 -- 14.1
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 3 days EUR 15.95 (certificate) + EUR 3 (stamps)
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 EUR 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 Identificacion 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 EUR 155
7 Legalize company books 15 days EUR 25 per book (2 books) + EUR 21.14 to legalize
* 8 Submit a notification of start of operations (declaracién responsable) to the municipality. 7 days EUR 350
* 9 File for social security and affiliate all workers with the local general treasury of social security (Tesoreria General de la Seguridad Social) 1 day (simultaneous with procedure 7) no charge
10 Notify the Delegación Provincial de la Consejería de Trabajo e Industria 1 day no charge
* Takes place simultaneously with another procedure.

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