Commercial contracts in Spain are governed by the Code of Commerce. Knowing its legislation is fundamental to carry out any operation in a secure way such as acquisitions and sales of companies, joint ventures, OPAs, OPVs, commercial sales as well as any kind of contract (representation, commercial distribution, national sale of merchandise, intra and extra EU, etc.).

The concept of trust in Spain

In Spain, the transfer of guarantee rights requires an agreement between the financing parties, formalized in a power of attorney and registered in the Registry, This prejudices the quotas liquidity.

New regulation on Foundations in Spain

The draft Law on Foundations in Spain intends to guarantee the better exercise of the right of establishment and compliance with the accompanying obligations arising from formation, not only through the foundation itself – through the purpose which justifies its existence – but also the public administrations that monitor its performance and grant, if need be, tax benefits to them.

Limitations of commercial obligations according to the New Commercial Code in Spain

The Commercial Code in Spain establishes the regulation for the different phases of a contract’s life, from pre-contractual phase to the contract’s extinction and incompletion, The new regulation aims a more efficient market.

ETT españa

New Commercial Code in Spain: commercial obligations and contracts

The Commercial Code in Spain establishes the regulation for the different phases of a contract’s life, from pre-contractual phase to the contract’s extinction and incompletion, The new regulation aims a more efficient market.

Commercial companies in Spain: partnerships and venture capital companies

The creation or development of a project or activity in Spain will need to comply with the regulations within the Spanish new Commercial Code. The general provisions will depend on the type of company: partnership or venture capital company.

Artículos | Mariscal & Abogados

News about the legal conditions of recruitment in Spain

The legal conditions of recruitment in Spain require the employer to provide the consumer with additional information prior to signing the contract. This additional information must be relevant, truthful and sufficient about the main characteristics of the contract especially with regards to their legal and economic conditions.

Rules and regulatins

The Use of the Electronic Cigarette in Spain

The use of the electronic cigarette in Spain is being partially regulated in accordance with the Law 28/2005 in order to comply with health and safety regulations. Although the use of electronic cigarettes is not limited to all of the same restrictions as smoking (e.g. indoors: public administration buildings), it does restrict their sale to minors and it also regulates advertisements for electronic cigarettes which may no be broadcast during the hours of children´s television for example.

competition

New Commercial Code in Spain: The Right of Competition and Industrial Property

Although there are international conventions that rule intellectual property rights, Spain has recently included in its draft of the New Commercial Code important changes that will affect the Law of Competition and Industrial Property.

The Reform of the Companies Act in Spain

The reform of the companies act in Spain focuses on the urgency for listed companies to update their corporate governance systems and affects shareholders’ general meetings, director’s remuneration and board of directors among other. It came into force on the 1st January 2015.

Business changes introduced by the new Commercial Code in Spain

The new Commercial code in Spain introduces certain changes in the pecuniary liability of owners of limited liability companies, the creditors’ meetings and the transfer of the company as a whole.