I want to start a company
We help you to speed up the opening of your business.
Get Started: Individual Entrepreneur or Company?
In terms of expenses, it is cheaper to start the activity as a self-employed person, as long as the capitalization of unemployment benefit.
Regarding tax relief, the Companies have greater possibilities than the individual entrepreneur.
What is the same, both for Companies and for individual entrepreneurs, are the expenses for hiring workers (Social Security and Personal Income Tax), as well as VAT.
If you want to become an entrepreneur and need attention and advice, you can access the services of the Community of Madrid
Types of companies
Self-employed (individual entrepreneur)
Natural person who carries out an economic activity on their own account, whether or not they have contracted workers. No minimum capital and unlimited liability.
Limited Liability Entrepreneur
Natural person who, with limitation of liability under certain conditions, carries out an economic or professional activity on their own account, whether or not they have contracted workers. No minimum capital and limited liability. Notarial formalities are necessary.
Limited society
Company of a mercantile nature in which the share capital is divided into social participations, made up of the contributions of all the partners. They will not be personally liable for social debts. Capital equal to or greater than €3.000, which can be in kind and without expert certification, and limited liability.
Limited Company of Successive Formation
Company of a mercantile nature with the same system as Limited Companies, except for certain obligations to guarantee liability to third parties. No minimum capital and limited liability. It does not require an initial outlay but requires a capital of €3.000 and limited liability.
Labor Limited Company
Limited companies in which most of the share capital is owned by the workers who provide paid services. Capital greater than €3.000 and limited liability
Community of goods
Private community property contract, detailing the activity of the business, the Contributions, which may be in money or in kind, and the percentage of participación that each community member has in profits and losses, the use of common elements and the system of administration. No minimum capital and unlimited liability of partners
Cooperative Society
The cooperative is a company constituted by at least three people who are associated, under a regime of free membership and voluntary withdrawal, to carry out business activities, with a democratic structure and operation. The minimum share capital cannot be less than one thousand eight hundred euros, and at least 25% must be paid up at the time of incorporation. Liability is limited.
Anonymous society
Commercial company with legal personality in which the capital, divided into shares, is made up of the contributions of the partners who are not personally liable for company debts. Minimum share capital of €60.000.
Aid for the creation of companies
Capitalize your unemployment benefit
If you are thinking of starting a job on your own, you can benefit from the single payment to set up your company
Aid to the Entrepreneur
All the aid offered by the Community of Madrid for the creation of companies
AvalMadrid
Reciprocal Guarantee Society whose task is to facilitate and help finance SMEs, freelancers and entrepreneurs in the Community of Madrid.