Types of Business Entity - Spain

Spain

  • S.A. (Sociedad Anónima): ≈ plc (UK), minimum capital €60,101.21
  • S.A.D. (Sociedad Anónima Deportiva): a limited liability sports corporation
  • S.L. (Sociedad Limitada): ≈ Ltd. (UK), minimum capital €3,012
  • S.L.L. (Sociedad Limitada Laboral): a labour limited corporation
  • S.L.N.E. (Sociedad Limitada Nueva Empresa): similar to S.L., it was introduced in 2003 to speed up new company registration (registration can be completed in one day), minimum capital €3,012
  • S.C. (Sociedad Colectiva): roughly a general partnership
  • S.Cra. (Sociedad Comanditaria): roughly a limited partnership
  • S.Coop. (Sociedad Cooperativa): a cooperative that typically is owned and democratically controlled by its workers
    • Other initialisations are used for cooperatives; Sociedad Anónima Laboral (SAL); some are region specific e.g. Sociedad Cooperativa Catalana Limitada (SCCL)

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