What do Starbucks, Repsol, Telefonica, Vodafone and American Express have in common? Apart from being well-known multinationals, all of them have incorporated a Spanish holding (ETVE) as part of their international strategy.
Indeed, Spanish holdings were created in the mid-nineties and have proven to be a very useful and competitive tool for tax planning and internationalization. In fact, many companies prefer holdings in Spain to other jurisdictions.
Both corporations/ public limited companies and LLCs/ private limited companies can be used to incorporate a holding. The latter needs a minimum share capital of just €3,000.
Indeed, Spanish holdings were created in the mid-nineties and have proven to be a very useful and competitive tool for tax planning and internationalization. In fact, many companies prefer holdings in Spain to other jurisdictions.
Both corporations/ public limited companies and LLCs/ private limited companies can be used to incorporate a holding. The latter needs a minimum share capital of just €3,000.
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