If you have in mind a technological or non-technological but innovative project that can change the world, because here we will tell you how to set up a Startup, starting your own startup is a very good start. This type of organization is much easier to get than a traditional company. Therefore, it may be a very good idea to start your own technology company.
How to set up a startup
atresr Economist Lawyers
How to set up a startup
What you need to start a startup
Next, we will talk about the main things you need to start with a startup in Spain.
1. An idea
Unlike a traditional company, a startup starts from an innovative idea. The main function of this type of organization is to respond to a need of society. That is why the first thing is to find a problem and develop an innovative solution.
In some cases it may be necessary to have a prototype or demo of the product or service you want to market. From this, you can work together with the startup team to perfect it so that it is what people really need.
2. Initial capital or seed
Every project requires money to get ahead, startups are no exception. While it is true that these figures can operate with a small budget, they still need capital.
In some cases, these can start with nothing, in cases where the developers of the project work for free. This may be in the beginning, but sooner or later it will be necessary to have money to grow. In fact, to legally constitute itself as a startup, around 3,000 euros are needed today.
3. Financing
Having an idea that can change the world does not mean that you have the budget to carry it out. This is something quite common, you can have a great idea of a profitable business, but if you do not have the money to carry out the project you will be able to do little.
That is why external financing is required, the most common way is to resort to crowdfunding or business angels who contribute the necessary capital.
4. Legal procedures
Once you have your business model and financing, it will be necessary for you to establish yourself legally. To do this, you have to meet a series of legal requirements, that is, you will have to register your startup.
For this it is necessary to carry out a series of steps such as defining the statutes, procedures before the treasury, incorporation document and more. For those starting out in this, something scary can come, but it’s nothing you can’t do with the right advice.
How to set up a startup
Get the best legal advice to start your Startup
To be able to start a Startup in Spain, whether you are in Madrid, Mallorca or any other city, is a process that can be complex. Currently, it seeks to simplify that process with the Startup Law, however, the law is still under discussion.
If you want to start your startup right now, there are a number of legal steps you’ll need to follow.
That is why you will need legal advice and we offer you everything you need. We are experts in commercial issues, so you can count on our help in case you want to start a startup or a company.
We are in Mallorca and Madrid, so you need something, we are here to offer you the best.
How to set up a startup
We provide service both in Marbella and in Madrid contact us to arrange a meeting or make use of the contact form.