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HomeCompaniesChange of Corporate Purpose
COMPANY LAW · COMMERCIAL REGISTRY
100% online process desde 620,00 €

Change or extension of corporate purpose

Adapt your company's statutory activity before it blocks a transaction.

The corporate purpose defines what the company is permitted to do. Extending or replacing it requires an amendment to the bylaws, and in the case of a substantial replacement, shareholders who did not vote in favor acquire a right of withdrawal. In addition, certain activities require specific drafting or prior authorization: financial services, insurance, private security, or regulated training.

Extension or replacement of the corporate purpose
Drafting compatible with CNAE codes and public tenders
Analysis of shareholders' right of withdrawal
Identification of restricted or authorization-requiring activities
Execution of the deed by video call
Registry filing included
Instant WhatsApp OR CALL US 930 485 101
ONLINE REQUEST
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Request: Change of Corporate Purpose
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Law 11/2023
The same legal validity as signing in person
Registered
Practising notaries of the Notarial Association of Spain
4,7 / 5
Average rating from more than 1.000 clients
< 2 h
Average response time to a request

When might you need it?

The most common cases for this procedure

New line of business
The company diversifies and the activity does not fit within the current corporate purpose.
Public tenders and contracts
The tender specifications require the corporate purpose to expressly cover the service.
Bank or client requirement
Transactions stalled because the corporate purpose does not cover the invoiced activity.
Company pivot
A genuine change of activity following a strategic shift.
REQUIREMENTS FOR THIS PROCEDURE
Shareholders' meeting resolution passed with the reinforced majority under art. 199 LSC
Corporate purpose drafted with sufficient specificity: neither too generic nor overly restrictive
Assessment of whether there is a substantial replacement triggering the right of withdrawal (art. 346 LSC)
Prior administrative authorization for restricted activities
Consistency with the declared IAE and CNAE codes
DOCUMENTS YOU WILL NEED
01Current bylaws showing the existing corporate purpose
02Description of the new activity and its codes
03Minutes or certificate of the shareholders' resolution
04Sector-specific authorizations, if required by the activity
REGULATIONS: LSC arts. 285-290 and 346 Commercial Registry Regulations, art. 178 RD 475/2007 (CNAE-2009) Ley 11/2023

How does the process work?

From request to signed document, with no travelling

1 Assessment of the corporate purpose 2 Drafting and right of withdrawal 3 Shareholders' meeting and notarial deed 4 Registry filing and tax update
1
Assessment of the corporate purpose
⏱ 24-48 h
We compare the current purpose, the actual activity, and the intended future activity to determine whether an extension suffices or a replacement is required.
2
Drafting and right of withdrawal
⏱ 2-3 days
We draft the new corporate purpose and, where there is a substantial replacement, properly structure the shareholders' right of withdrawal.
3
Shareholders' meeting and notarial deed
⏱ 30 min
Resolution and execution of the notarial deed by video call.
4
Registry filing and tax update
⏱ 2-3 weeks
Filing with the Commercial Registry and updating the activity codes with the Tax Agency.

Clients who have already done it

Verified reviews of this service

4,7★★★★★
★★★★★ES
"Nos quedamos fuera de una licitación porque el objeto social no cubría expresamente el servicio. Lo ampliaron con la redacción que pedía el pliego y a la siguiente entramos."
Dd
Director de operaciones
Servicios · Madrid
★★★★★ES
"Pivotamos de consultoría a producto SaaS. Nos explicaron que era sustitución sustancial y cómo gestionar el derecho de separación de un socio minoritario."
F
Fundador
Tecnología · Valencia
★★★★★EN
"Object clause extended to cover property management. The bank stopped raising objections immediately."
Gm
General manager
Real estate · Marbella
★★★★★ES
"Nuestra actividad requería redacción específica y autorización. Lo detectaron antes de firmar y evitamos una calificación negativa."
Sa
Socia administradora
Formación · Zaragoza
★★★★★ES
"Necesitaba el trámite con urgencia y lo resolvieron en tiempo récord. El notario fue muy profesional y recibí el documento al día siguiente."
CR
Carmen R.
España
★★★★★EN
"Excellent service from start to finish. Everything was handled online and the signed document arrived within 24 hours. Highly recommended."
JW
James W.
Reino Unido
★★★★★ES
"Lo gestioné desde Buenos Aires sin viajar a España. Me guiaron paso a paso, incluso con el certificado digital. Todo claro y sin sorpresas."
MG
Mariana G.
Argentina
★★★★★FR
"Démarche réalisée entièrement en ligne depuis Paris. Équipe très réactive sur WhatsApp et notaire très professionnel. Impeccable."
SL
Sophie L.
Francia
★★★★★ES
"El proceso fue mucho más sencillo de lo que esperaba. Atención cercana por WhatsApp y presupuesto cerrado sin costes ocultos."
AM
Andrés M.
España
★★★★★DE
"Die Beurkundung wurde komplett online erledigt. Schnelle Terminvergabe, klare Anweisungen und das Dokument kam am nächsten Tag."
KB
Katrin B.
Alemania
★★★★★IT
"Pratica completata interamente online dall'Italia. Notaio disponibile e documento firmato in 24 ore. Servizio eccellente."
MT
Marco T.
Italia
★★★★★PT
"Tratei de tudo sem sair de Lisboa. Acompanhamento constante por WhatsApp e documento entregue no dia seguinte. Recomendo totalmente."
BS
Beatriz S.
Portugal
★★★★★ES
"Desde CDMX pensé que sería complicadísimo, pero salió a la primera. Videollamada puntual, notario clarísimo y precio cerrado."
GP
Gloria P.
México
★★★★★EN
"Handled from New York without flying to Spain. Clear instructions, fast scheduling and constant updates. Five stars."
SK
Sarah K.
Estados Unidos

Frequently asked questions

What does amending bylaws involve?
It is the legal procedure to change or update the clauses of the articles of association that regulate the company's operation. It requires a general meeting resolution with the legal majorities, public deed before notary, and Commercial Registry registration.
What amendments require reinforced majority?+
According to the Companies Act, reinforced majorities (2/3 of capital) are required for: change of corporate purpose, transfer of registered office abroad, company transformation, merger or spin-off, partner exclusion, and other amendments that suppress or restrict partners' rights.
How long does the complete process take?+
The complete process usually takes between 3 and 4 weeks from initial consultation to registry registration. The timeframe depends on the complexity of the amendment and Commercial Registry processing times.
Can the procedure be done online?+
Yes, a large part of the process can be managed online: consultation, bylaws drafting, document preparation, and coordination with the notary. Physical presence is only required for signing the public deed, although digital signature can be used if available.
How much does it cost to amend the bylaws?+
The cost includes notary fees according to schedule (€50-200 depending on complexity), Commercial Registry fees (€40-100), certificates if necessary (€15-40), and our management fees. Request a quote without obligation.
Is a general meeting required for any amendment?+
Yes, any bylaws amendment requires a general meeting resolution of partners. Some minor amendments may be agreed by administrators if the bylaws expressly permit it, but this is exceptional.
Can I amend several clauses at once?+
Yes, multiple bylaws amendments can be approved in a single general meeting. All are elevated to public deed together and registered in a single registry entry, optimizing costs and time.
Is withdrawal right necessary in some amendments?+
Yes, the Companies Act recognizes partners' withdrawal right (share reimbursement) in important amendments: change of corporate purpose, transfer of registered office abroad, change of company type, or creation/modification of ancillary services.
What happens if the Commercial Registry rejects the amendment?+
If the Registry issues a negative qualification, we have a period to remedy defects through notarial diligence or new deed. Our prior advice minimizes the risk of rejection by ensuring regulatory compliance from the start.
Do minority partners need to be informed of amendments?+
Yes, the meeting notice must include the agenda specifying the proposed amendments. Partners have the right to examine the full texts before the meeting and ask questions. The Companies Act protects partners' information rights.
Can I set a very broad corporate purpose so I never have to change it again?+
It's tempting, but registrars reject all-encompassing purposes, and banks and public bodies are wary of companies that "do everything." The sensible approach is a precise purpose focused on the core business, with clearly defined related activities.
What is the right of withdrawal upon a change of corporate purpose?+
If the change amounts to a substantial replacement or modification of the activity, shareholders who did not vote in favor may withdraw from the company and demand the fair value of their shares (art. 346 LSC). This is why distinguishing between extending and replacing the purpose isn't just a theoretical nuance: it can cost money.
Do I also need to change the IAE code?+
Yes, if the actual activity changes. These are two separate dimensions (statutory and tax-related), but they must be consistent; inconsistency is a red flag in inspections.
My activity requires authorization. Can I still register the corporate purpose?+
For restricted activities (financial services, insurance, private security, temporary staffing agencies, among others), the Registry requires proof of authorization or an express exclusion clause. We verify this before executing the deed.
How long does it take?+
The deed is executed within a few days of the resolution, and registration takes between two and three weeks. If you have a tender with a deadline, plan ahead with a safety margin.
Do documents signed online have the same validity as those signed in person?+
Exactly the same. Law 11/2023 recognises the full legal validity of notarial documents executed by video call with a qualified electronic signature before a registered notary.
Do I need a digital certificate?+
Yes, to sign electronically you need a digital certificate or an electronic DNI. If you do not have one, we help you obtain it quickly before your appointment, with no additional handling fee.
Can I do it from abroad?+
Yes, the notarial video call works from any country. You only need a stable connection, your valid identity document and a digital certificate.
How much does this service cost?+
The quote includes the official notarial fees set by the Notarial Association plus our handling, fixed before you start and with no hidden costs. Request it with no obligation via WhatsApp or the form.
What if I have questions during the process?+
Our team supports you from start to finish via WhatsApp, phone or email, and the notary answers all your legal questions before signing.
Ready to get started?
Request information with no obligation: we will contact you within 2 hours.
WhatsApp 930 485 101