Since the reform of the Capital Companies Act (2023), the minimum share capital to establish a Limited Liability Company in Spain is 1 euro.
However, with such little capital:
- The company must allocate 20% of its profits to reserves until reaching 3,000 euros
- If the company is liquidated before reaching that threshold, the shareholders are subsidiarily liable for the debts up to 3,000 euros
For practical reasons (credibility with suppliers, banks, and clients), it is recommended to contribute at least 3,000 euros as initial share capital.
The capital must be fully paid up at the time of incorporation, whether in cash or through non-monetary contributions.