Registering a firm in Spain is not that simple as it first seems. The government do not normally interfere with citizens of the Russian Federation and other foreigners, but actually the applicants have to complete a number of requirements to get a full 100% approval. These include:
1. getting a personal tax reference number;
2. searching for an assessor;
3. coming up with three possible names for the legal entity and sending them to adjust in the specialized organization;
4. formulating an escritura;
5. payment of all the duties and taxes;
6. opening an account;
7. necessary preparations;
8. completing the registrarial;
9. sending the legal person data to public regulatory authorities and more.
Basically it is possible to register a company in two or three weeks, but in fact this procedure can stretch out for some months as a result of poor knowledge of legislative peculiarities. Thus the entrepreneurs are advised to consult professionals that can deal with possible problems of the procedure.