Company Requirements of the Youth Contract in Spain

The youth contract can improve the number of young people obtaining first hand experience in small and medium businesses and freelancers. It is only applicable to those who are unemployed and under the age of 30 who have either no work exprience or less than three months experience. The prospect of a permanent contract means that there will be many benefits and bonuses as a result of the youth contract. 

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Concept and purposes of the due diligence in Spain

The due diligence refers to an investigation procedure prior to acquiring or investing in a project. The aim of the due diligence is to give the investor or buyer a full knowledge of all the costs, benefits and risks involved in the transaction, so that he can take a reflexive decision.

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Regulation of labour breaks during working hours in Spain

If a company in Spain, not obligated by an agreement or contract with the workers, considers the coffee break as working time, it cannot demand the workers to make up that time. That is an acquired right of the workers and any change would suppose a substantial modification on the conditions of the work contract.

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Abogados tecnología de la información

Complaint forms and the Law of Data Protection in E-Commerce in Spain

Like any other form of trade, E- Commerce in Spain must have complaint forms available to their users. These forms, which contain personal data of users, must comply with the so-called LOPD (Ley Orgánica de la Protección de los Datos Personales), the general Law on Data Protection. In case of non- compliance, the business could be confronted with severe sanctions.

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Effects of the next fiscal Reform in Spain

The Preliminary Law on Fiscal Reform in Spain is creating a much more effective business competition aimed at both self-employed workers and businesses. The Reform proposes changes to tax on companies (TC), tax on the income of individuals (TII), tax agency, and VAT regarding e-commerce.

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Changes in the Bankruptcy Law in Spain

The Royal Decree-Act 4/2014 is focusing on the refinancing agreements which may include waivers and capitalisation of debt and deferral payments. These agreements will essentially make the heavy burden of debt much more manageable for businesses.

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