What is the difference between Spanish S.A and S.L. companies? (2006-05-21)

14 Dec What is the difference between Spanish S.A and S.L. companies? (2006-05-21)

They are not the same even though the S.A companies (or Sociedades Anónimas) and S.L. companies (or Sociedades Limitadas) have many characteristics in common. While S.A. companies are designed for medium to big enterprises and have a minimum share Capital of 60,102 Euros, the S.L. companies can operate with a share Capital of at least 3,006 Euros. Also, S.A. companies have a more strict system of control related to accounts and to actions and obligations where official publicity is forceful.