The creation or development of a project or activity in Spain will need to comply with the regulations within the Spanish new Commercial Code. The general provisions will depend on the type of company: partnership or venture capital company.
A Partnership in Spain is a recommended choice for small businesses that prefer simple management and minimal investment. Partners bear personal and unlimited liability for third-party debts. Its establishment is simpler and more cost-effective than a company, with no mandatory registration or minimum initial capital requirement, except for specific contributions.
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