Chartered Accountants◆Practising since 2016

Spain to India · Incorporation

Incorporating an Indian subsidiary from Spain, step by step

CA Utsav Dogra, Chartered Accountant, ICAI M. No. 542375 · Updated

In brief

A Spanish parent incorporates its Indian company online through SPICe+, which also issues PAN and TAN. The Spanish work comes first: Mercantile Registry certificate and board papers legalised for India. After the certificate, the company opens its bank account, receives capital, allots shares and reports to the RBI.

What is specific to Spanish companies

Spanish parents provide a Mercantile Registry certificate, the estatutos and a board resolution. Signature calls fit a Spanish morning.

Spanish parent entities

Typical parents are SL and SA companies. India is 3.5 hours ahead of Spain in summer and 4.5 hours in winter, which decides when signature and bank KYC calls can be held.

Our services

How SU and Company helps

We run the incorporation end to end from New Delhi and tell the parent exactly what to sign and legalise.

  • Country-specific document checklist and review before legalisation
  • Name application, digital signatures and DINs
  • SPICe+ filing with PAN, TAN and registrations
  • Bank account coordination and capital receipt
  • Share allotment, demat shares and FC-GPR
  • INC-20A and first-year compliance calendar

Questions

Is there a minimum share capital?

No statutory minimum. Capital should match the business plan so that early costs are not funded by intercompany loans by default.

General information as at 5 November 2026, not advice for a particular case. Indian and Spanish rules change often; confirm the current position before acting. Spanish law points should be confirmed with a Spanish adviser.

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