Sure! Here’s the translation:
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The business landscape in Spain is undergoing a significant shift with the introduction of the figure of the Limited Company without Administrator (SASA), supported by new European Union regulations and promoted by Europa Gestoría Limited. This revolutionary legal model allows entrepreneurs and small business owners to set up a company without the need to register an administrator in the Commercial Registry, promising to reduce bureaucracy and increase privacy.
For years, the Spanish corporate system has been marked by the public exposure of the administrator and a series of cumbersome procedures that hindered the development of new business initiatives. With the arrival of the SASA, a night model opens up that is particularly attractive to digital professionals operating in a global environment and who value privacy.
The SASA responds to a growing need for business structures that are more aligned with current realities, offering a number of significant advantages. These include the guarantee of privacy by avoiding the publication of the administrator’s personal data and the reduction of costs and procedures associated with their appointment. Additionally, the owner maintains full control over the management of the company, facilitating decision-making and operational flexibility.
Europa Gestoría has noted the high interest in this new format, which benefits not only digital entrepreneurs but also investors, family businesses, and professionals operating as sole proprietors or in small teams. In contexts where the visibility of the administrator can pose a risk, the SASA presents itself as an ideal alternative.
The process for establishing a SASA involves several steps, from choosing a name and drafting the bylaws to submitting the necessary documentation, all with the support of specialized advisors. This legal framework represents a significant advancement for those looking to start or manage a business more effectively while gaining greater control over their privacy.
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Referrer: MiMub in Spanish
