Community fees of business premises in SpainThe Horizontal Property Act and Article 396 of the Civil Code in Spain provide that the obligations of businesses in a community are the same as those of other owners. Therefore, such businesses should bear the costs arising from maintaining the common areas of the community.Read more
The pledged stock of boats: a practical guarantee for dealers and financial institutionsThe Law on Chattel Mortgage and Pledge without Transfer of Possession provides for the pledge stock of boats as a guarantee. Its objective is to facilitate credit to dealers to ensure compliance with the obligations of financial institutions.Read more
Tips and options to invest in SpainThere are many investment options available to foreign investors, that go from the opening of a new business, the investment in an already established business, the setting-up of a subsidiary or a franchise activity.Read more
New system of retribution for directors in SpainOne of the changes arising from the Law on Capital Companies in Spain is the distinction between directors acting in their capacity as directors whose remuneration is subject to the principle statutory reserve and directors performing executive functions who, in the event of receiving remuneration, are obliged to sign a contract with the Company.Read more
What kind of company is the best to invest in Spain?The main legal forms to establish an activity in Spain have advantages and disadvantages. The correct choice will depend not only on the activity itself as well as on the capital amount you want to invest, but also on the number of shareholders among other factors.Read more
Employment positions that compromise the liability of a companyThe criteria applicable to criminal liability of legal persons allow prosecutors to assess the effectiveness of the regulatory compliance plans on the criminal liability of legal persons.Read more
Increasing capital stock through company reservesIn order to increase capital stock through reserves or profits, one must consider the limits established by Spanish law regarding the free disposal of reserves.Read more
Legalization of electronic company records in SpainAll business owners with activity in Spain must legalize their accounting records electronically and online, within four months from the closing date of the accounting period.Read more
How to call for a shareholders’ general meeting in Spain?The announcement of a shareholders’ general meeting in Spain must be made through the company’s website or by publishing it in the Spanish Official Gazette of the Trade Register. The company’s bylaws may also provide other ways to publish the notice.Read more
The functioning of labour and investee companies in SpainLabour and investee companies, regulated in Spain by Law 44/2015, may be private or public limited companies. There are two types of shareholders within such companies: workers with permanent contracts who have worker class shares, and those who are not workers with permanent contracts and have general class shares.Read more