🙋 Can you have a business in Spain with a non-profit residency permit? 🇪🇸
This is a very common question among those who obtain this type of residency. The answer is yes, but with certain limitations.
👉 If you have a non-profit residency permit, you can own shares in a company in Spain, even 100% of the shares, and receive profits through dividends. However, you cannot manage the company or receive a salary, whether as an employee or self-employed.
👉 It is essential to appoint a manager with legal residence in Spain, a Spanish national, or a European national, who will be responsible for the administration and operations of the business.
If you are in this situation and want to ensure you do everything correctly, our legal team can help you. Contact us, and we will guide you through the entire process! 📩