These are the situations we see regularly
None of this needs to slow you down when someone who does this regularly is handling the sequence for you.
- Assuming any company name works: the Companies Registry can reject it, costing days you didn't plan for.
- Not knowing the bank needs the reserved name certificate before it will even open an account for a company that doesn't legally exist yet.
- Treating the role of director as a formality, when Spanish administrators carry personal liability — civil, tax, and in some cases even criminal — not just a title.
- Forgetting the foreign investment declaration that non-resident shareholders are legally required to file once the company is set up.
- Discovering after incorporation that dividends sent abroad are withheld at source, unless a tax treaty says otherwise.