What is the Declaration of Heirs in Spain?When a person in Spain dies without drawing up a will, the heirs are determined based on a declaration of heirs, which can be made before a notary when the stated heirs are ancestors, descendants or a spouse, or before a judge in the remaining cases.Read more
The monitorio procedure in Spain: A fast way to recover debts in SpainThe main objective of the monitorio proceeding is the quick resolution of recovery claims. It has proven to be very useful for both entrepreuneurs and smes in the collection of commercial debts in Spain.Read more
The transfer of personal data to the police in SpainThe petition for personal data by a police officer must be justified and accompanied by a formal written request. Spanish law specifies that data processing by law enforcement agencies is possible provided certain guarantees are respected.Read more
The role of the executor in the inheritance process in SpainExecutors of wills in Spain are those appointed by a testator to fulfil the testator’s last will. Executors can be named jointly, successively or severally and perform on a voluntary basis and free of charge. He must report about his functions to the heirs.Read more
Can a child be disinherited in Spain?In Spain, it is particularly difficult to disinherit a child because the Spanish Law on Inheritance obliges estates to be divided into three parts. Two thirds belong to the heirs: one third of which would correspond exclusively to the compulsory heirs —in Spanish, this part is called legítima (legitimate); the other third is aimed to improve any of the heirs’ portion as the testator wishes.Read more
The Value of E-mail as Evidence in SpainElectronic mail has become an indispensable tool in Spain for the exchange of information in our daily lives, both personally and professionally. It is expected to gain legal significance as the Civil Procedure already recognizes its validity of electronic evidence at trial in Spain.Read more
Meeting with the Shanghai Entrepreneurs` Association in MadridA meeting between the Shanghai Entrepeneurs´Associations and Mariscal took place on November 24th to discuss Chinese businesses with economic interests in Spain. Read more
Conference on the reform of insolvency regulation in Spain and GermanyThe conference on the reform of insolvency regulation in Spain and Germany was held on November 25th 2014 at the German Chamber of Commerce for Spain in Madrid. The conference explored topics of pre-bankruptcy institutions, insolvency of company groups and the fiscal regime of crossborder insolvency.Read more
The Inheritance and Donation Tax in Catalonia, SpainThe inheritance and donation tax in Catalonia has modified many of the quantitative elements of the tax in order to make it more effective e.g. an escalation for bonuses are introduced. However, its application of bonuses implies a substantial reduction of other bonuses provided in the tax. Nonethless, this new scenario highlights the necessity to review alternatives for better and efficient taxation.Read more
Main Innovations of the Inheritance Tax in Catalonia, SpainThere are four different groups for the innovation of percentages of reduction for kinship in acquisitions made as a result of death. It also offers different percentages of reduction for tax liability and the reduction for the acquisitions of goods and rights.Read more