The Infographics section from Mariscal & Abogados tries to summarize and simplify legal information through simple graphical representations.

remedy equity imbalance Spain

How can companies remedy the equity imbalance in Spain?

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.

clauses deposit contract

Essential clauses of the deposit contract in real estate transactions

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.

regulation temporary contracts spain

Regulation of temporary contracts in Spain

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.

labour reform Spain

Royal Decree-Law 32/2021: The labour reform in Spain

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.

Setting-up branch Spain

Setting-up a branch in Spain?

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.

measures prevent insolvency

Mechanisms and measures to prevent corporate insolvency in Spain

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.

open branch spain

Setting-up a branch or a subsidiary in Spain

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).

labour sanctions Spain

Labour sanctions in Spain increase as of 1st October 2021

With the validation of the law on distance work, Spain has modified article 40 of the Law on infringements and sanctions in the social order. The new amounts will enter into force on 1 October 2021 and will have no retroactive effect.

Cash Pooling

What is the Cash Pooling?

Cash pooling is not formally regulated in Spanish law; this type of contract has particularities with the current account, commercial commission and loan contracts.

advantages wind energy

Advantages of wind energy in Spain

Inexhaustible, harmless, clean, safe, compatible and adaptable are just some of the characteristics of wind energy, a fundamental source of energy for the European and global ecological transition and for which Spain is the leading producer.