H&CO Spain

We combine local expertise with the strength of a global network to help businesses and individuals navigate the Spanish market with confidence. Our team provides comprehensive tax, accounting, and business advisory services tailored to both domestic and international clients. 

Spain is a gateway to Europe and Latin America, offering unique opportunities in trade, investment, and expansion. With our in-depth understanding of Spanish regulations, tax incentives, and corporate frameworks, we assist companies in establishing and growing their operations while ensuring compliance with local and international standards. 

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Doing Business

Spain offers a strategic gateway to Europe and Latin America, with a strong economy, skilled workforce, and attractive tax incentives. Our guide provides key insights into the legal, tax, and regulatory environment to help businesses succeed in the Spanish market. 

Doing Business

How to open a Business

Starting a business in Spain requires choosing the right legal structure, registering with local authorities, and meeting tax and labour obligations. With proper planning and expert guidance, foreign investors can efficiently establish operations in one of Europe’s most dynamic markets. 

Starting a Business

Tax Treaty with the U.S

The Spain-U.S. tax treaty prevents double taxation on income, reduces withholding taxes on dividends, interest, and royalties, and provides clarity for cross-border investors. It ensures that businesses and individuals can operate efficiently while complying with both countries’ tax regulations. 

Tax Treaty

Most relevant industries in Spain 

 

Tourism 

Tourism has a significant impact on the economy, contributing roughly 13.4% to GDP in 2023. Spain is ranked among the world's top destinations, drawing millions of international visitors each year. 

 

Agriculture   

Agriculture remains a vital part of Spain’s economy, contributing around 3–4% of GDP and driving exports. The country is the world’s largest producer of olive oil, a leading exporter of wine, and a major supplier of citrus fruits, vegetables, and grains to both European and global markets. 

Manufacturing 

Pharmaceuticals, metals, machine tools, and other products are among the primary export commodities from Spain's manufacturing industry. 

 

Services 

The services sector drives Spain’s economy, accounting for more than 75% of GDP. Key areas include finance, real estate, education, healthcare, and public administration. With a skilled workforce and strong infrastructure, Spain’s service industry offers vast opportunities for investors and global businesses.
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FAQs About Doing Business in Spain

Why Invest in Brazil?

Brazil is one of the largest economies in Latin America and the Caribbean, according to the gross domestic product (GDP) recorded in 2023. In that year, the value of goods and services produced in Brazil reached an estimated $2.12 trillion USD, based on current values.

The country boasts a diverse and robust economy driven by key industries such as agribusiness, where it leads global production and exports of soybeans, sugarcane, and coffee; mining, as the largest exporter of iron ore and a significant producer of gold, aluminum, and oil; and renewable energy, with hydropower as its main energy source and growing investments in wind, solar, and ethanol production.

This economic strength, combined with abundant natural resources and opportunities for growth, makes Brazil a prime destination for investment.
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Source: Gross domestic product (GDP) in Latin America and the Caribbean in 2024, by country (in billion U.S. dollars).

Key Contacts

Our Offices
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Madrid

C/ Castelló 8
2ª B
28001 Madrid

 
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Barcelona

Rambla Catalunya 60
Segundo 2ª A
08007 Barcelona

 

Start doing business in Spain

 

Why H&CO?

We specialize in guiding global investors, families, and multinational businesses through the complexities of cross-border investments and business expansion. With offices in over 30 countries, we are a trusted partner for those seeking to relocate, invest, or expand their business abroad providing tax, advisory, and integrated global solutions.

  • 1,000+ multilingual professionals, providing local expertise with a global perspective.
  • Client-focused leadership with deep industry experience in global markets.
  • Forbes America’s Top 200 CPAs, 2025
  • Forbes Best in State Top CPAs, 2025
  • USA Today America’s Most Recommended Tax and Accounting Firms, 2025
  • IPA Top 100 Accounting Firms, 2025 – Ranked #66
  • IPA Fastest Growing Firms, 2025
  • SFBJ Largest Accounting Firms by Billings, 2025
  • SFBJ Largest Accounting Firms by CPAs, 2025

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