Startup Legal & Accounting Setup: Tech Startup Funding Case Study

This case study shows how early-stage founders successfully navigated Spanish company formation, established investor-ready accounting, and closed significant funding while managing rapid business growth.

Client Profile

Background: French tech entrepreneurs with innovative SaaS product
Goal: Establish Spanish company and raise Series A funding
Timeline: Complete setup and begin fundraising within 3 months
Target Funding: €2 million Series A

Key Challenges

• Rapid company formation with tight timeline
• Investor-ready documentation from day one
• Shareholder structure optimization for future funding
• Multi-country payroll (Spain + France teams)
• Audit-ready accounting from inception
• Ongoing compliance while focusing on product

Solution Implementation

Phase 1: Fast-Track SL Registration (10 days)
Completed company registration within timeline. All documentation prepared and filed efficiently.

Phase 2: Shareholder Structure Design
Designed capitalization table balancing founder stakes with future investor dilution. Stock option plan framework created for future employee grants.

Phase 3: Governance Documentation
Drafted shareholder agreement (EU standard templates), articles of incorporation, and basic corporate governance framework. Investor-ready from day one.

Phase 4: Accounting Setup
Implemented QuickBooks/Xero integration for real-time accounting. Monthly financial statements from inception. Full audit trail maintained.

Phase 5: Payroll Administration
Set up Spanish payroll for 3 Madrid-based employees. Connected French payroll system for remote team members. Social security and tax compliance automated.

Results & Outcomes

✓ Company registered and operational in 10 days
✓ €2M Series A funding closed within 4 months
✓ Zero compliance issues during investor due diligence
✓ Audit-ready accounting from day one
✓ Founder time freed to focus on product
✓ Smooth scaling of Spanish operations

Key Success Factors

1. Rapid Setup: Complete company formation within timeline without cutting corners.
2. Investor Readiness: All documentation investor-grade from inception.
3. Accounting Excellence: Professional accounting enabled smooth due diligence.
4. Integrated Services: Legal, accounting, and tax coordination.

Post-Funding Status

Company successfully raised funding, expanded team, and scaled operations. Founders focused on product while AURUM handled all administrative and compliance obligations. Company positioned for rapid growth across Europe.