Hi Searchers,

I am just getting ready to officially kick-off the search, and was wondering if you have any experience and advice regarding setting up the fund locally in Spain. On initial stages, would you recommend to remain as "autonomo" or to formally register the company as financial intermediary, for example, and even if it only has one administrator? If the latter, would you recommend a minimum amount of capital to be incorporated? Are there any other considerations I should keep in mind?

I have registered two companies/startups in the past, so fairly familiar with that process, just wondering what is the best approach in the case of a search fund.

Thanks a ton!