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Commercial & Corporate Law: Legal Foundations for Your Business

Company formation, commercial contracts, shareholders agreements and corporate governance. Comprehensive commercial law advisory for businesses in Spain.

200+
Companies incorporated
98%
Favourable resolution
25+
Years of experience
5
Offices in Spain

BMC’s business and corporate law practice accompanies companies, founders, and investors across all stages of the business life cycle — from incorporation to exit. We combine legal rigour with a business perspective so that every structure, contract, and corporate transaction is solidly built before the pressure arrives.

Company formation and corporate structuring

Choosing the right legal form and properly drafting the articles of association are decisions that shape tax treatment, shareholder liability, and investment capacity for years:

  • Company formation: Formation of SL with bespoke articles of association, from the notarial draft to Mercantile Registry inscription and CIF issuance.
  • Shelf companies: Acquisition of already-registered companies for urgent operations that cannot wait for the standard formation timeline.
  • Corporate transactions: Mergers, spin-offs, transformations, capital contributions, and complex restructurings with full tax and registry coordination.

Commercial contracts and business relationships

  • Commercial contracts: Drafting and review of distribution, agency, franchise, SaaS, joint venture, NDA, and international framework agreements.
  • Shareholders agreement: Shareholders agreements that regulate transfers, exit mechanisms, conflicts of interest, working-shareholder remuneration, and investor entry.
  • Unfair competition: Defence and claims for acts of unfair competition, product imitation, unlawful comparative advertising, and misappropriation of trade secrets.

Corporate governance and startup equity

  • Corporate governance compliance: Board regulations, conflict of interest policies, strategic decision protocols, and alignment with CNMV governance recommendations.
  • Startup vesting cliff: Equity structuring for startups — cliff vesting, phantom shares, option schemes — for founders, directors, and key employees.
  • Commercial law: Recurring commercial law advisory, negotiation support, and commercial collaboration agreements.

Have a deal in progress or under analysis?

Complimentary first consultation with our advisory team.

Methodology

Our approach

Analysis

Legal assessment of the case, risk and opportunity identification.

Legal strategy

Defining the most efficient path: negotiation, mediation or litigation.

Execution

Drafting and negotiating documents with continuous communication.

Closing

Notarisation and registration where required.

Why choose us?

What sets us apart

Specialist team

Commercial lawyers experienced in M&A, restructurings and corporate governance.

International reach

Cross-border transactions across multiple jurisdictions.

Conflict prevention

Well-drafted contracts and agreements that prevent future disputes.

Experienced team with local insight and international reach

FAQ

Frequently asked questions

The Sociedad de Responsabilidad Limitada (SL) is the most common structure for SMEs and startups: minimum capital of €3,000, limited liability, and a flexible structure. The SA is reserved for companies planning to list or requiring high share capital. For foreign investors, we also analyse the branch vs. subsidiary question and its tax and liability implications.
A complete shareholders agreement covers: share transfer regime (pre-emption rights, drag-along, tag-along), decision-making mechanisms and reserved matters, remuneration of working shareholders, investor entry scenarios, non-competition clauses, and exit mechanisms (put/call options, piggyback rights). The absence of any of these blocks turns an ordinary disagreement into potentially costly litigation.
Before any significant corporate transaction: company or share purchase, entry of an investment partner, subsidiary integration, or when assuming potential hidden liabilities. Legal due diligence identifies tax and employment contingencies, contracts with change-of-control clauses, pending litigation, third-party rights over key assets, and regulatory compliance status.
In particular: exclusive distribution agreements (Spanish Agency Contracts Act 12/1992), joint venture or special-purpose vehicle agreements, intellectual property licences, technology transfer agreements, contracts with major clients or suppliers on whom revenue depends, and any agreement with a duration of more than one year containing exclusivity or non-competition clauses.
Yes. We design equity structures for startups: cliff vesting, phantom shares, stock options, SAFE notes, and investment contracts at pre-seed and seed stage. We coordinate the corporate structure with the tax implications for founders and employees with options.

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Need commercial law advice?

Complimentary first consultation with our commercial law specialists.

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