The Infographics section from Mariscal & Abogados tries to summarize and simplify legal information through simple graphical representations.
A lease-purchase contract is a lease contract that implies the unilateral right of the tenant to buy the property for a fixed or determinable price after an agreed time. In the following infographic, we summarise its advantages and disadvantages for tenants and landlords.
Hydrogen is a colourless gas. The international designation of hydrogen colours makes it possible to classify the different production methods according to the amount of CO2 they release.
Do you want to create a startup in Spain? The new startup law makes it easy for you.
Equity imbalance occurs when the accumulated losses reduce the equity to an amount less than half of the share capital (provided it is not appropriate to request the declaration of insolvency). The Spanish Companies Act (LSC) considers equity imbalance as grounds for the dissolution of the company.
The clauses of the deposit contract establish the conditions of the future real estate transaction. Among others: the description of the property, the identification of the parties or the conditions of the sale.
Royal Decree-Law 32/2021 comes into force to finish with temporary and precarious employment in Spain. This new regulation establishes that all employment contracts concluded in Spain are indefinite and sets out the requirements and circumstances of temporary contracts.
With the entry into force of Royal Decree-Law 32/2021 on 31 December 2021, all contracts in Spain are open-ended, and the conclusion of contracts for specific work or services disappears.
A branch is a secondary establishment subordinate to its parent company, meaning that it is an extension of the parent company in Spanish territory and does not require a minimum share capital for its incorporation.
Spain provides companies with a range of economic, labour, contractual, corporate, procedural and fiscal measures. The Covid-19 legislation complements them with new economic and procedural measures to prevent corporate insolvency.
Opening a branch in Spain does not require a minimum share capital. Opening a subsidiary, on the contrary, requires a minimum share capital of €3.000 for Limited Liability Companies (LLC) or €60.000 for Public Limited Company (PLC).