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.

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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.

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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.

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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).

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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.

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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.

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