Corporate and Commercial

A public deed in company matters records corporate transactions such as company formations, amendments to the articles of association and transfers of shares, allowing them to be entered in the Registro Mercantil (Companies Register).

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Share capital increases and reductions

Changing a company's share capital requires a public deed and registration in the Registro Mercantil (Companies Register). A capital increase can be made through cash contributions, non-cash contributions, conversion of debt into capital or capitalisation of reserves. A reduction can serve various purposes, such as returning contributions or offsetting losses.

Documents required

1

Current deed of incorporation

Copy of the company's founding deed and current articles of association.

2

Certificate of the general meeting resolution

Certificate of the minutes of the general meeting that approved the capital increase or reduction.

3

Proof of the contribution (if applicable)

Bank certificate of the deposit, or an expert's report for non-cash contributions.

4

Identification of the signatory

DNI/NIE of the director or person authorised to formalise the resolution in a public deed.

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