There are now many opportunities in Andalucia for foreign investment in a business. Gone are the days when the only business’s available were bars in tourist areas. Andalucia and the Costa del Sol has a sizable community of foreign residents and many start up business target this market as well as the tourist market.
Most business are SL companies which are constituted at a notary. Businesses are sold in a similar way and will require the buyer and the seller (or their representatives with powers of attorney) to meet at a local notary's office. Lawyers or Gestors will guide you through this process. Changes of administrators of a company (directors not shareholders) will be registered with the provincial "regristro mercantil". There are no specific taxes on the purchase of a company. Prospective purchaser will need to carry out due diligence in the normal way checking contracts for premises, staff, clients, suppliers and that fiscal obligations have been met.
Check out our Classified adverts section to see if there are any business for sale.