- Another quite unknown way to comply with the share capital requirement is to provide the company non-monetary means assets (services not allowed) which value is that of the share capital or higher. It is not necessary to hand the invoices to the Notary, just state the value of the goods. Usually this is done with goods as computers, tables, etc. However, the shareholder who delivers the good is personally liable for the stated value of the good given to the company.
The second option is useful if you don’t need a bank account or if you want to win days at the beginning of the company formation. You can still open a bank account once the company has been registered.
If you are considering to create your company with only one trip to Spain it is better the first option. With the second option you will need two trips or you will have to grant powers to somebody in order to open the bank account in your behalf once the company deed of incorporation has been registered.