Starting a Business in Galicia: Everything You Need to Know
In this post, we explain in detail the advantages of starting a business in Galicia.
10/03/2026
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Thinking about starting a business in Galicia? Here’s what you need to know about setting up your company in this high-potential region with a dynamic economy.
Steps to Create an SL in Galicia
- Register your company name. The first step is to obtain a negative name certificate to ensure your company name is available.
- Open a bank account. You must deposit the share capital in a bank, which will then provide the certificate needed for the next step.
- Draft the company bylaws. Once you have decided the type of company, draft the bylaws and sign the incorporation deed before a notary.
- Obtain your company’s tax identification number (CIF). This is required to legally operate your business.
- Register with the Mercantile Registry. Registering your company gives it formal legal recognition.
- Request the definitive CIF. Once your company is registered, you can obtain the final CIF, essential for operations.
- Submit the census declaration. Using form 036, you must notify the Tax Agency of the start of your business activity.
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Which Type of Company Is Right for You?
In Galicia, as in the rest of Spain, choosing the type of company is one of the first steps. The most common options are the Limited Liability Company (SL) and the Public Limited Company (SA). The SL is the preferred choice for small and medium-sized entrepreneurs due to its flexibility and lower requirements.
It is important to select the type of company that best suits your needs. To learn more about the differences, we invite you to read our post on the types of companies in Spain.
Legal Requirements and Specific Procedures
Once you choose the type of company, you must comply with certain legal procedures. This includes drafting the bylaws, opening a bank account, and obtaining a tax identification number (NIF).
If you are planning to set up a company in Galicia, consider the advantages offered by the region depending on the area or sector, as well as the required fiscal, accounting, and labor procedures. The Xunta de Galicia also notes that required documentation may vary by municipality. It is therefore recommended to consult the corresponding department of the City Council where the company will be established.
Share capital is the amount of money partners contribute to start the company. The minimum capital varies depending on the type of company, for example, for an SL the minimum is €3,000. Galicia offers various financing options for entrepreneurs, from bank loans to grants and subsidies from the Xunta de Galicia, especially for innovative or sustainable projects.
Additionally, the Galician Institute for Economic Promotion has launched a program to help start or launch your business in 2025. Some of these grants, co-financed by the European Union, aim to fund projects with eligible investments between €800,000 and €10 million.
Compliance with Fiscal and Accounting Obligations
Once your company is incorporated, it is essential to stay on top of all fiscal and accounting obligations. You need to monitor taxes such as Corporate Tax or VAT, and maintain rigorous accounting records.
At Adlanter, we not only help you create your company but also offer comprehensive post-incorporation advisory services to ensure you comply with all fiscal, accounting, and labor obligations.
Networking and Business Support Opportunities in Galicia
Galicia fosters an entrepreneurial spirit, so it is important to take advantage of networking and support opportunities. In major Galician cities like A Coruña, Vigo, or Santiago de Compostela, you will find events, business incubators, and organizations that can help expand your network and provide professional guidance.
🚀 Ready to Start Your Business in Galicia?
If you’ve decided to take the step and start your business in Galicia, count on Adlanter to support you throughout the process—from incorporation to fulfilling fiscal and labor obligations.
📲 For more information or personalized advice, contact our team of corporate law experts. We are here to help you grow your business in Galicia.
Do you have any questions?
If you have any questions after reading "Starting a Business in Galicia: Everything You Need to Know", we are here to help you.
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