πΈπ¦ Saudi ArabiaTechnology
Spain
Technology
6 weeks
Incorporation Timeline
β¬2.4M
First-Year European ACV
14
Employees in Barcelona
Fully Compliant
GDPR Status
A Dubai-based SaaS company with $28 million in ARR targeting European enterprise customers in the retail and logistics sectors.
EU data protection law (GDPR) required the client to process European customer data within the EU. Enterprise sales cycles in Europe required a credible local legal entity, a European IBAN for payment processing, and the ability to sign contracts governed by EU law. The client's existing UAE entity was insufficient for these requirements.
ILS Consultancy established a Spanish SL (Sociedad Limitada) in Barcelona, coordinated the GDPR Data Processing Agreement framework, structured the intercompany IP licensing arrangement between the UAE parent and the Spanish subsidiary (covering the European market territory), and managed the opening of a Spanish business bank account with two Tier-1 Spanish banks.
The Spanish entity enabled the client to close its first three European enterprise contracts (combined ACV β¬2.4 million) within 90 days of incorporation. GDPR compliance was confirmed by external EU counsel. The Barcelona office now employs 14 people and serves as the client's European HQ.
Timeline
6 weeks to fully operational Spanish entity
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