Creating a Shelf Company in Spain
Our lawyers will guide you step-by-step in establishing your new entity.
Shelf Company in Spain
Take the first step towards purchasing a shelf company in Spain and turning your business idea into a thriving reality!
What is Shelf company and what are the benefits of it?
A shelf company is a fully registered, legal company, but it does not carry out any activity. The benefits of creating this entity include establishing a presence in a new market that may have residency requirements on certain activities and leverage for future business deals involving the company.
How to buy a Shelf Company?
To establish a shelf company, you must go through most of the same incorporation process as setting up a fully functioning incorporation. Buying an existing shelf company involves negotiating with the current owner and exchanging the necessary documents to transfer ownership.
Contact Us
To request a free consultation case, please provide us with your contact details below and we will contact you via email or phone.
What Our Clients Are Saying
Don’t try to go through the shelf company purchase process on your own. Seek the help of an experienced corporate lawyer to increase your chances of success and make the process as smooth and stress-free as possible.
How can I purchase a shelf company?
- Buying a shelf company requires paying the company’s social capital. This is at least €3,000 and the corresponding purchase price to be agreed with the seller.
- The purchaser must have an National ID number
- Corporate changes must be registered at the Mercantile Registry. This may delay the acquisition process.
- Purchasers must be physically present on the day when signing the Purchase Deed and opening of a corporate bank account, unless a Power of Attorney is granted.
Process of purchase
- Granting Power of Attorney allows shareholders to delegate duties to a legal expert when acquiring the company. The services we offer within this include:
- Buying shares from the company
- Obtaining Foreign Identification Number (NIE)
- Signing purchase deed
- Drafting the Article of Association
- Drafting the Shares Purchase Agreement
- Reviewing and applying relevant tax implications and regulations
Find you Corporate Lawyer
Héctor Lopez Vazquez
Head of Corporate Department
Madeleine Cadwell
Lawyer
Francesca Coluccio
Trainee
Luisa Rivera
TraineeFrequently Asked Questions
Our lawyers will help you with all the necessary resources and actions to find and acquire an aged limited company.
Shell companies and shelf companies are two separate things. Shell companies have become synonymous with tax evasion and other criminal activity. However, both shell and shelf companies can provide completely legal economic benefits to their owners.
One of the main benefits of creating such a company is when the entity resides in an area that carries certain residency requirements in order to perform activities.
There also are benefits in cases where creditors require a period of time to do business. By forming a shelf company or purchasing a properly aged shelf company, a corporation is able to sidestep the time requirements of an area when they wish to start business there.
Be happy. Join a community of satisfied and successful customers
Jonathan Elron
07:37 13 Aug 23
A great law firm that covers anything an expat might need. I needed help with real estate initially, and they also helped me with immigration, taxes, and corporate legal matters. Fantastic people to work with. Alejandro from their real estate and immigration department is my main contact and he is an absolute pleasure to work with. Highly recommended!
Juan B Colombo
15:25 04 Jul 23
I had an issue with an incorporation and I had to request a refund for my order. It took a little longer to get the refund but the CEO took personal care of my case and issued the refund as soon as it heard about the case. Very serious and responsible company.
pawel grochola
10:55 18 May 23
I used Lexidy services to apply for SETR status.I did it after contacting a number of providers, but Lexidy were the only ones that consistently kept regular communication, promptly answered e-mails, kept all the appointments. Something that is a normal expectation but rarely met in Spain :).In addition they were very competent, provided clear and accurate advice. They also flexible and accommodating and Sara Rinaldi that i dealt with is a very pleasant person to deal with.It seems it is a business that have a clear business model of providing good quality service and as such I think it deserves to be promoted.
Harald Malm
11:35 09 Apr 23
Lexidy's first submission on my behalf cost 400+VAT. For up to two years, I thought everything was fine. Until I received a notice from the Spanish tax authorities asking for official receipts and translations which were quoted at over 4000 euros. The submission was rejected and my tax liability was re-calculated making me owe thousands..During the process, there was no personal consultation, I had to edit and make several corrections, documents for the wrong year were submitted, the draft cover letter addressed me as a female.A attention to detail and quality control does not exist. I was moved from one advisor to the next and eventually left on my own with Spanish Tax Authorities.Had they given me proper tax advice like I paid them for, I would have been informed as to exactly what documents I should gather and translate for this process. Lack of clarity and communication is evident in the pathetic email chain with this company.They called with an urgent request for an additional 800+VAT and stated that if I did not immediately pay they would not support me any further when the issues has not been brought to resolution at all. How am I to trust this company and pay them another penny when I have been provided with a lack of competence and accountability.I am still waiting to hear back. Not a phone call nor email, even after following up via their website. No reply 🙁
Bob Tricarico
12:34 15 Mar 23
Lexidy Law Boutique supported us on our recent home purchase in Portugal. It was a long process, but our lawyer, Pedro Saldahna was with us every step of the way. He guided us through the process and even helped with our builder, our estate agent and our mortgage company. The entire Lexidy team has been super supportive throughout the whole process. Highly recommend!
Bella F.
19:09 11 Jan 23
I'm so over this crowd. Paid a huge deposit 2 YEARS AGO just to be passed from pillar to post. I'm now on lawyer number 5 - all the others left the company - go figure. I'm moving on to a different firm and will be requesting a refund. Don't waste your time and money like I did. I agree with other reviews that the positives are probably sponsored
Ryan Rich
12:47 17 Aug 22
Lexidy has helped us so much in both the business and immigration side. We continue to use them for all legal needs and recommend them highly.
Ali Delshad
11:49 26 Jul 22
First of all, I would like to appreciate all the team members of Lexidy for helping me to get my residency card.I had a great experience especially on the SEF appointment day with their kind and helpful Brazilian expert which made my experience smooth and without stress.When you decide to work with this law company you should notice that you don’t just pay for lawyers but also for the quality, respect and safety.I’m totally happy with the processes and quality of their job.
Foysal Miah
20:47 25 Jul 22
It’s been more than two years now, I have known Lexidy and their amazing team. This company peoples are so active and helpful especially Karla. She is very kind and patience. Really appreciate your job and helping us to get a better future.
RICHARD BRITTON
21:46 29 Jun 22
We contacted Lexidy Law boutique when we recently moved from Cyprus to open a new chapter in our lives to move into a house in Brittany that we had bought 12 years previously. We had underestimated the twists and turns involved in obtaining residency in France - so we contacted Lexidy Law Boutique and were assigned Eleonore, an immigration lawyer well acquainted with French immigration laws. From the very beginning we realised she was determined that we should have a successful outcome and she guided us expertly to avoid all the pitfalls in the process of applying for residency. She even accompanied us to the prefecture and ensured that everything went smoothly - without her presence we might well have not succeeded.We thank and highly recommend Eleonore and Lexidy Law Boutique.
Declan Ryan
20:48 01 Jun 22
The Lexidy team is uniquely positioned to provide pan-European business and tax advisory services; what would be complex or impossible for a country-specific advisor is straightforward for Lexidy. They answered in days what would take weeks for other firms.
Rick Kleinhans
13:03 27 Apr 22
Lexidy has been a lifesaver. The entire team has helped us so much on different matters both personal and corporate. Isabel in correcting an error by a previous accountant that was costing us an extra €1000 every month in social security payments! Jose with various matters and tax advice. Diego in helping us get documents notarized in Valencia even though he is based in Madrid. I cannot recommend them enough!
Aleksandar Vorinski
08:12 25 Apr 22
I recently purchased apartment, got NIE and opened bank account with their help. I m satisfied with their service, they are accurate and responsible.
A
17:31 24 Apr 22
I’ve dealt with hundreds of solicitors through business over the years but I must say Cristina and Lexidy Law are really something special. Responsiveness, proactiveness, knowledge and professionalism is, quite frankly, outstanding.M.
Jonas Hendrickx
15:50 03 Dec 21
The labour law advice I was looking for. Delivered the answer quoting the law texts in Spanish as requested to make sure I was actually getting the correct answer for my question!These people are worth your money.
Kristen Wilkinson
14:53 20 Oct 21
Update: While all of the initial responses were pretty quick, they started getting busy, so I had to constantly follow up. We have since sought assistance elsewhere.My husband and I plan to move from the USA to Porto, Portugal in the spring/early summer of 2023. We didn't know where to start or what to expect. I searched online and found Lexidy Law Boutique. Their website is intuitive, informative and inviting. I emailed the office and Lidiane responded within a few hours. Based on the information in my email, she emailed us appropriate information on our situation. She was very professional and offered to set up a web call if we wanted to. We ended up having our web call today and will be starting our journey of becoming Portuguese citizens. She informed us of the first steps, all of the documentation we need and what the law firm can do for us. Right after our call, she emailed us detailed information regarding pricing and what is entailed in that pricing. So far, the beginning of our journey is a positive one.
Parisa Fardad
05:20 21 Sep 21
I have started to work with this company which was my friend recommendation. My first experiences have been very good. They are responsive, friendly and cares about their costumers.
Thijs van de Laak
05:16 15 Sep 21
I experienced good, constructive and accurate service by Lexidy in composing my SHA. Thanks Hector and Samual
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