H&CO
Spain

Your strategic partner for Growth and Innovation in the Global market.  

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Local Expertise in a Global World

Our network of contact offices spans continents, bringing the expertise of H&CO professionals closer to you. Whether you're seeking financial advice, strategic consulting, or tailored solutions, our dedicated teams in various locations are here to serve you with a personalized touch.

Madrid

C/ Castelló 8
2ª B, 28001

Barcelona

Rambla Catalunya 60
Segundo 2ª A, 08007  

Locations 2026-spain-50

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. 

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Locations 2026-spain-52

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.  

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Locations 2026-spain-51

Tax
Treaties

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.  

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.

FAQs About Doing Business in Spain

Key Contacts
 

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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