With a population of more than 40 million citizens, Spain
has a developed online community
, which is gradually increasing. In 2015, the total number of Spanish online users
reached 21.6 million
, while in 2017
, it increased to 23.6 million
. The estimates are showing that by 2021
will have approximately 30 million online users
, so opening a business
in the online sector
could represent an attractive way of investing in this country.
In order to open a company in Spain
in the online sector
, the investors may set up a website
or they may register on the Amazon platform
. Our team of lawyers in Spain
can advise on the main procedures that should be followed in the latter case.
Top e-commerce activities in Spain
• fashion items;
• hobby and do-it-yourself (DIY) products.
By 2021, the above mentioned items will still be the leading e-commerce products and the market share for these categories of products will further increase. The total value of the fashion products sold through online platforms will reach $11 billion.
Minimum requirements for Amazon stores in Spain
As a part of the Amazon online platform
, the investors will have to follow the standard registration
requirements imposed to companies
with commercial activities
on the Spanish territory
. This means that the respective online business
should be represented by a legal entity
; then, it should register for taxation purposes
(including value added tax
) or set up a corporate bank account
and our team of Spanish lawyers
can offer further advice on the steps that are to be followed in this case.
When operating through the Amazon platform
, the company’s clients
should be able to complete online transactions
, which are generally carried out through a PayPal account
. A similar procedure can also be implemented by setting up a merchant account
offers numerous types of merchant accounts
, which can accept a wide range of credit cards
, both domestic and foreign.
As a general rule, the Spanish customers prefer to purchase online products by using credit cards, while the other top option is represented by the PayPal account.