Domiciles Tropical Tenerife

General Info Ownerschip & purchase
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Establishing a Canarian Company (S.L.)

Because of the necessary confirmation of the company's name, by the commercial register in Madrid, the term for establishing takes from. 2 - 4 weeks.
This term may be cut short, if a certificate for such a name is available in our office.

The period of validity of such a certificate is restricted to 8 weeks, within this term, the Memorandum of Association must be recorded by a solicitor.

Costs of Establishing & Registering (authorized) Capital:
Entry in Commercial register ca. 300.- €  
Solicitor's Fees memorandum (articles) of association ca. 600.- €

(Solicitor Fees Offer

ca. 300.- €

) only if you want to do this with an offer

(Solicitor Fees acceptance of the offer

ca. 150.- €

) only in case of an offer at the date of acceptance

Administration Fee DT ca. 900.- €  
Registered capital 3.005.- €
Total (without costs for offer) 4.805.- €

After establishing a company, the registered capital, may be used, for example, as a part of the purchase price for buying a property.

If necessary we will establish such a company and transfer the shares and the management to you with a solicital contract or a solicital offer. In this case it is necessary to draw up a written agreement.
A draft of such an agreement, can be ordered by e-mail.

 

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