What does buying a business in Spain involve?

Acquiring a business in Spain can offer substantial returns, but it’s a process that requires careful preparation, and a detailed understanding of Spanish law to ensure everything is legally and financially secure. The process begins with a letter of intent, which shows that both parties are committed to the purchase. After that, we’ll carry out due diligence to carefully review the company’s finances and legal details. Once due diligence is complete, the purchase agreement is signed. In some cases, the finalisation of the deal may be delayed until any outstanding conditions are met. Finally, after the deal is closed, post-closing steps are carried out to officially complete the acquisition.

At Gascón Bernabéu, our team of English-speaking business acquisition solicitors will help you identify and assess all the legal, financial, and operational aspects of the business, making sure there are no hidden liabilities and that everything is in full compliance with Spanish regulations.

Some of the key considerations when acquiring a business in Spain include:

Due diligence

We conduct a full legal, financial and tax review of the target company, including:

• An analysis of income statements, balance sheets and cash flow.
• A review of the company’s legal structure, contracts, and regulatory compliance.
• Examination of previous tax returns, current tax liabilities, and the implications of the acquisition.

Licences and permits

We’ll check that the business has all the licences and permissions it needs to operate legally and continue running smoothly. This includes making sure everything is valid, up to date, and suitable for the type of work the business does. It’s an important step that helps protect you from issues down the line, like fines or delays, once the company is in your name.

Debts and liabilities

Our English speaking business acquisition lawyers will look into whether the business owes any money, check if there are any legal claims, restrictions, or embargoes on its assets, and review its credit rating and overall financial health, helping you understand any risks before you buy so you can make a confident and informed decision.

Asset verification

We’ll put together a clear and detailed list of everything the business owns – from buildings and equipment to things like trademarks or patents. We’ll also check who legally owns each asset and make sure there are no issues that could cause problems later on.

Business acquisition lawyers who speak your language

At Gascón Bernabéu, we specialise in helping international clients with business acquisitions in Spain. Our approachable, English-speaking business acquisition solicitors combine expert knowledge of Spanish law with a practical understanding of what overseas investors need. Whether you’re taking your first steps or already deep into the process, we’re here to guide you clearly and confidently through every stage.

If you’re thinking about buying a business in Spain and need straightforward, reliable legal advice, we’re here to help. With over a decade of experience, our English-speaking business acquisition lawyers are here to offer clear, expert advice, making this often complex process easier for you. Just get in touch with us in whatever way works best for you, whether that’s by filling in the contact form on our website or sending an email to us at info@gbabogados.co.uk. Or by messaging us on WhatsApp or giving us a call on +44 (0)20 3137 1320 for a free, no-obligation consultation.