In the UK, as I know, you can setup a limited company in the same day using an agency, or spend 15 quid registering it online with Companies House (that takes 48 hours).
This fellow in Oviedo took 28 days and €845 to setup his limited company, and felt he’d got off lucky. Worth a read if you read Spanish.
Poor old Pablo Panda – he’s a good example of why it’s more difficult to setup a new company in Spain than in many African nations!
It takes even longer if you don’t have a Spanish identity document (NIE/DNI). Depending on how long they take to issue that, it could be another month of waiting or even longer… This is something they never mention to the foreign investors they are trying to attract.