Update regarding the Entrepreneurs’ Law in SpainDespite initial reports, there is no confirmation or updates on the approval of the Entrepreneur’s Law by the Spanish Government last week, which aims to grant residence permits to non-EU citizens investing in Spanish property.Read more
New Default Interest Rate in SpainThe Law 3/2004 of December 29 established measures to combat late payment in commercial transactions. Specifically, Article 7.2 clarified the default interest rate. Until February 23, 2013, the Article dictated: …Read more
New updates about residency for investors via the Entrepreneurs’ Law in SpainThis week, news outlets reported some new information about the entrepreneurs’ law that is still in its draft stage. The government will soon pass a law that will allow, among …Read more
Spain presents the draft bill of the new regulations for entrepreneursSpain will grant residence permits to foreign individuals purchasing homes with a value equal to or exceeding 500,000 Euros. The aim is to attract wealth from countries.Read more
Mediation Law on Commercial and Civil IssuesThe recent Mediation Law on Commercial and Civil Issues (Law 5/2012, 6th of July) needs regulatory development. To this end, lawmakers have drafted a Royal-Decree Project (Project) that develops the …Read more
Spanish Residence Visas for Entrepreneurs and InvestorsToday, we anticipate that the Spanish Government will announce the draft bill of the Entrepreneurs Law, which will include, among other issues, some measures to attract investors and entrepreneurs to …Read more
Spain’s New Entrepreneurs Law: Spain residency Permits for non-EU CitizensLast week we heard updates about the new law aimed at attracting investors to Spain (elEconomista, a Spanish News Journal) The law was originally proposed in November of 2011 and …Read more
Measures of Support for Entrepreneurs to Stimulate Growth and Job Creation in SpainThe new Law 4/2013 (February 22) provides measures of support for entrepreneurs to stimulate growth and jobs. The new law became effective on February 24, 2013. The following are measures …Read more
Keys to Draft Franchising Contracts in SpainFranchise is a term, now incorporated into our vocabulary, to designate a new form of business. This business type is based on the transfer of a foreign-business model of transferring …Read more
Amendment of Law for Consumer Credit Contracts in SpainUnder Law 16/2011 of 24 June of consumer credit contracts, the Spanish Ministry of Economy and Competition incorporated into the Spanish legal system Directive 2008/48/EC of the European Parliament and …Read more