Spain

Ease of Doing Business in

Spain

This page summarizes Doing Business 2015 data for Spain. The first section presents the Ease of Doing Business rank (out of 189 economies) and the distance to frontier (DTF)** measure, overall and by topic. The second section summarizes the key indicators for each topic benchmarked against regional averages.

Economy Overview

 
Region OECD high income
Income Category High income
Population 46,647,421
GNI Per Capita (US$) 29,180
City covered Madrid
Doing Business 2015 Rank Doing Business 2014 Rank*** Change in Rank
33 32 down -1

Doing Business 2015 DTF** (% points) Doing Business 2014 DTF** (% points) Change in DTF** (% points)
73.17 72.24 down 0.93
Positive=Doing Business reform making it easier to do business. Negative=Change 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 2015 Rank 74 DB 2014 Rank*** 115 Change in Rank up41
DB 2015 DTF** (% points) 88.08 DB 2014 DTF** (% points) 79.68 Change in DTF** (% points) up8.40

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).

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Procedures (number)
6.0 4.8

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)
13.0 9.2

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)
4.6 3.4

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)
13.8 8.8
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 on average EUR 16.25
2 Open a bank account for the company; deposit capital in the bank and obtain a deposit certificate 1 day no charge
3 File the single electronic form (DUE) and make an appointment with a notary 1 day no charge
4 Obtain the registered public deed of incorporation of the company and the fiscal identification number (CIF) before a public notary 7 days see procedure details
5 Submit a notification of start of operations (declaración responsable) to a private agency authorized by the municipality (ECLU) 1 day EUR 350. The cost varies depending on the location and the size of the business premises.
* 6 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 score shows how far on average an economy is at a point in time from the best performance achieved by any economy on each Doing Business indicator since 2005 or the third year in which data for the indicator were collected. The measure is normalized to range between 0 and 100, with 100 representing the frontier. Read more...

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

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