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Once arrived in Spain the nonresident foreigners are thinking how to invest in Spain and what business in Spain to start. There are several forms of business in Spain that can be configured:
1. You can create a Limited Company (LTD) in Spain, known as the SL.
2. You can organize a small business in Spain, like a restaurant, bar, hairdresser, etc., having previously obtained a license in the local municipality where the business is installed. To do this, you can invest in a commercial property or buy an active business in Spain.
3. You can also register as a self-employed to do business in Spain. In this case, you pay a monthly fixed fee to Social Security, to have health care and to ensure a remunerated retirement pension.
But it is very difficult to start business in Spain without knowing the laws, language, and many of the nuances of life. That's why a good option is to buy business in Spain that will generate a regular income and help a foreigner integrate into this country.
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