SPAINLAWYER — International Lawyers in Spain
M&A

Buying a business in Spain

Buyers of Spanish businesses are most often caught by three things: employee liabilities, tax history and undocumented arrangements with related parties.

Who this is for

  • Foreign acquirers
  • Entrepreneurs buying an existing business
  • Investors acquiring operating companies

What you are really buying

In a share deal you inherit the company's full history, including liabilities not on the balance sheet.

Diligence priorities

Employment, tax, contracts with change-of-control clauses, licences and related-party arrangements.

Protecting the price

Locked box or completion accounts, escrow, retention and earn-out design.

Residency angle

If the acquisition is also your route to living in Spain, the immigration analysis runs in parallel.

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Frequently asked questions

Can buying a business give me residency?
There are entrepreneur and professional routes where an operating business supports a permit, but they have their own requirements. We assess both sides together rather than assume.
What protections should I insist on?
Warranties with a workable limitation package, specific indemnities for identified risks, and security for them. Warranties without security are of limited value.