Create a Cryptocurrency Company in Spain
Our lawyers in Spain describe the main requirements for opening a cryptocurrency company and the regulations in this business field.
Cryptocurrencies are gaining momentum and occupy an ever-increasing important place on the stage of economic and financial development.
Investors who create a cryptocurrency company in Spain benefit from the business environment in the country and from the startup communities that have coagulated in business hubs like Madrid and Barcelona.
One of our lawyers in Spain can help you with legal information on cryptocurrency mining and the current laws in place for companies that engage in these types of activities.
Cryptocurrency companies in Spain
As cryptocurrencies are becoming a local reality, tax authorities are developing regulations to cover the “mining” operations and the overall activities related to cryptocurrency operations. In Spain, individuals and companies involved in cryptocurrency mining are required to register with the tax authorities. This type of activity has labeled as a wealth-creating economic one and shall be taxed accordingly, however, companies may still benefit from tax deductions on expenses related to their type of activities.
Spain has an ongoing project, the fruit of the collaboration between several large companies, which aims at putting Spain on the map of countries actively use cryptocurrencies. The companies involved in this large-scale project wish to use the blockchain technology and the cryptocurrency for data and asset exchange between corporations. Projects such as SpainCoin and PesetaCoin were launched in the 2010s.
You can talk to one of our attorneys in Spain for more information on the legislative changes surrounding these types of activities and the regulations applicable to your business, including the EU MiCA Regulation, under which crypto-asset service providers must be authorised by the CNMV (Spain's transitional period ended on 1 July 2026).
How to open a company in Spain
Investors who want to start a cryptocurrency business in Spain need to choose a type of company, obtain a name certificate, draw up the company’s documents in front of the notary, register the company with the Mercantile Register and obtain a tax ID number.
Foreign investors who are faced with a language barrier or who cannot be present in the country during the entire company formation procedure can talk to one of the experts at our law firm in Spain.
You can contact our team of lawyers in Spain if you have additional questions on how to start a business in the country.
Laura Fusté, Attorney at Law · 2 October 2026