New sanctions for failure to deposit annual accounts

Spain applies new sanctions for failure to deposit annual accounts

Spanish capital companies must submit their annual accounts to the General Meeting for approval and file them before the Commercial Registry. The entry into force of RD 2/2021 on 1/2/2021 opens the door to apply the sanction regime for failure to do so in due time.

Entrepreneurial measures spain

The 50 measures of Spain’s Entrepreneurial Strategy

Spain’s Entrepreneurial Nation 50 measures put the focus on the startups, and,pursue four goals: to accelerate the maturity of investment in Spain; to attract, retain and develop talent; to step up the scalability of Spanish companies; and to turn the public administration into an entrepreneurial sector that generates favourable regulatory.

Cash Pooling Agreement

What is a Cash Pooling Agreement?

The Cash Pooling agreement facilitates the financial operations of companies, especially when operating in different countries. It allows a daily set of automatic inter-company loans to optimize the group’s global position, obtaining a single balance for each bank with which it operates.

equal pay law Spain

The Equal Pay Law in Spain

Royal Decree 902/2020 on equal pay incorporates, among others, the obligation for companies to establish a pay register disaggregated by sex and by professional category.

The European order for payment procedure Spain

Particularities of the European order for payment procedure in Spain

The European order for payment procedure is a creditor-friendly procedure increasingly used for cross-border debt collection within the European Union. However, its successful implementation in Spain is sometimes more complicated than expected. Find out the best practices for conducting a European order for payment procedure in Spain!

The enforcement of financial guarantees in photovoltaic projects

The enforcement of financial guarantees in photovoltaic projects: The Royal Decree-law 23/2020

Royal Decree-law 23/2020 approves a new framework that identifies a series of steps to develop energy projects in Spain. It highlights a higher degree of compliance and certainty for the energy market but implies a higher level of risk for developers and investors.