Dissolution of a Limited Liability Company in SpainOf the various probable instances for the dissolution of an L.L.C. in Spain, some are based on economic reasons (accumulation of losses, capital reduction below a legal threshold, etc.) and others may be due to the behaviour of its partners (paralysis of the company, agreement on the dissolution, etc.).Read more
The compliance officer’s role in a companyWith the reform of the Spanish Penal Code and the debut of criminal liability for legal entities, the supervision and compliance management allocated to a compliance officer has a significant importance for companies.Read more
Formation of a limited liability company in Spain in eight stepsBefore creating your own limited liability company in Spain (L.L.C.), you must be careful when it comes to rules of incorporation, drafting the articles of incorporation, and administrative procedures; those performed before a notary, as well as tax-related obligations.Read more
Counting Leave in Spain and FranceThe counting of paid leave days is not always clear, as demonstrated by the recent decision of the Court of Appeals regarding a dispute between Air France and one of its part-time employees. It is therefore important for employers to remain aware of the regulations on paid leave at all times.Read more
Practical Approach to the Limited Liability Company in Spain (L.L.C.)The L.L.C. is a very common type of company in Spain, it is important to be aware of the rules governing the formation, operation, and dissolution of an L.L.C before establishing one’s own company.Read more
The importance of compliance with regard to the reform of the Spanish Penal CodeThe reform of the Spanish Penal Code has accentuated the importance of compliance. It is clearly stated in Article 31(a) of the Penal Code that all companies are required to establish or strengthen programs that focus on compliance to criminal rules, emphasizing the criminal liability consequences that breaking these rules entail.Read more
Obtaining the European Certificate of Succession in SpainThe European Certificate of Succession certifies the capacity, all over the EU territory, of an heir and the powers of any administrators of a succession of a person having interests, properties or descendants in various countries of the EU.Read more
Resignation of a sole administrator of a company in SpainAn administrator can freely resign or renounce his or her position in a company in Spain as contained in the Regulation of the Commercial Register, but several requisites must be fulfilled beforehand.Read more
What is a judicial calling of a meeting?In Spain, Articles 169 and 170 of the Company Act regulate the judicial call of a general meeting of shareholders.Read more
Definition and Concept of ComplianceWith the reform of the Spanish Penal Code, a company is liable for offenses committed by itself or by its employees acting on its behalf, if it cannot demonstrate that it has put in place the necessary means to prevent such criminal behaviour.Read more
