We reached another landmark last week which was very important to us. We became a limited company, Villas Fox S.L. ! It´s something we´ve been thinking about doing for a long time in order to present a more professional image, but we had doubts about the set-up costs, ongoing admin costs etc. However, after a long chat with our accountant, and weighing up the pros and cons, we decided that it was the right thing for us to do, and so initiated the process (which involved submitting a list of 5 possible names, in order of preference, and hoping that our first choice was not already taken or conflicted with an existing company). A couple of weeks later, we got the good news that Villas Fox S.L. had been temporarily reserved for us, and so we had to lodge the initial capital with the bank, and go to the notary to sign the company title deeds. But that wasn´t the end of it. We then had to wait for the company deeds to be accepted by, and registered with the Alicante registro mercantil (merchants register). Finally, last week we received notification that this had been formalised, and that is the piece of paper that Sorelle is holding in the photo! Onwards and upwards (hopefully!)
