Can business in Spain change it’s legal entity type?

Indeed, it is possible for a business in Spain to switch its legal entity type. This process includes various steps such as seeking advice from professionals, establishing a new entity, transferring assets and operations, winding up the previous entity, and informing all concerned parties. The exact procedures involved may differ depending on the current and desired business structures as well as the applicable laws. It is essential to seek guidance from experts and ensure that all steps are completed accurately to prevent any serious legal or financial consequences.