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Business takeover Spain

  • 02 April at 14:00 - by alanphinvst - 867 views

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Hello everyone,

I will definitely go to Spain to open my own business in a few weeks. I have always been self-employed so it should not be a problem. However, I am having a hard time getting to know how a business takeover works in a foreign country. Is there someone who has already taken over a business in Spain and can help me?
Thank you

14 Answers

The business takeover in Spain is a delicate issue...

I only can recommend to consult a lawyer before close a contract. First, the lawyer should clarify whether the intended transaction has the necessary license at all. The new agreement should also be necessarily concluded with the owner, otherwise you automatically take over all liabilities of the predecessor which are still open.

27 April at 14:29 - by oakley2013

I opened a shop in Barcelona last year.  In my case the ‘Traspaso’ included not only the purchase of the existing goods, but also the furniture. We informed the owner and the existing lease went smoothly! Except that the operating permit has been changed at the responsible town hall. Hope this info has been helpful.

08 May at 10:07 - by SusanBlue62

I also took over a bar years ago and had to renew all licenses again (license approval, opening hours, etc.).

These existed already from the predecessor but, as the operator changed, everything had to be rolled up again. I could not quite understand...

15 May at 20:21 - by neptune675

I rented for my nail studio a commercial space directly from the owner. I had to equip the space myself... like for example air conditioning, electrical connections, etc. I didn’t know that I had to take care of it!! In a future take over, I can let these costs flow into the tee-off sum.

30 May at 11:05 - by karen916

I’ve done some research and I think I will try to take over a restaurant in Malaga.

02 June at 12:58 - by  alanphinvst

Best of luck alanphinvst!

02 June at 14:13 - by karen916

I am intrigued as we are thinking of getting a bar near Marbella…any advice at all?

09 August at 00:04 - by anna-snow

I took all the advice that the kind people on here gave me! I have had my restaurant in Benalmadena for 5 months now we didn’t get one in Malaga in the end as Benalmadena was much better value and more touristic trade we swapped out lifestyles too and reallly really happy it hard work but it is a great life

10 August at 09:53 - by  alanphinvst

what a success story!

11 August at 08:50 - by anna-snow

I am so pleased you did it!!

11 August at 19:04 - by SusanBlue62

and we took everyone's advice at it all went very smoothly. laugh

11 August at 20:21 - by  alanphinvst

ok so I need to make sure I know what's included

15 August at 06:58 - by anna-snow

just watch out for the licences mate they can really sting you on those especially if your not used to the spanish system but judt keep your eyes open follow sound advice and you will be fine.

18 August at 11:01 - by neptune675

thankss this is really good! yes

19 August at 01:09 - by anna-snow
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