The stages of remote incorporation follow a specific order.
The NIE for each foreign founder must be obtained before the incorporation deed can be signed — this is often initiated in parallel with the Power of Attorney to avoid delays. For an SL, the share capital of at least 3,000 euros must be declared as fully contributed in the incorporation deed, but no bank certificate is required at the notary stage — the founders' declaration in the escritura is legally sufficient.
Once the Power of Attorney arrives in Spain, the process proceeds: the company name is reserved with the Registro Mercantil Central, the Articles of Association are drafted, the notarial deed is signed and the company is filed with the Commercial Registry. Tax registration with the Agencia Tributaria follows.
The entire process, when all documents are in order, typically takes between two and four weeks from start to registration.