Taxation on the transfer of branches of activityAlthough the sale of assets is generally subject to Value Added Tax (IVA) and Capital Transfer and Stamp Tax (ITPyAJD), the transfer of a complete branch of activity or business in Spain has flexible taxation.Read more
The transfer of businesses under the asset purchase agreementAfter carrying out the corresponding due diligence process to analyse the accounting, fiscal and legal situation of a business, it is vital to formalize the purchase and sale through the most appropriate legal instrument according to the characteristics of the project.Read more
The sale of businesses through a contract of direct trade of sharesThe main instruments for acquiring companies are the purchase and sale of shares and participations and the purchase and sale of company assets. The choice of each of them has its advantages and disadvantages, and entails different legal consequences.Read more
The joint venture contract for the market entry in SpainBusiness cooperation and the entrance into the Spanish market are often controlled through joint venture agreements. A joint venture is not defined by Spanish law. To determine the legal requirements, general standards of the Spanish Civil and Commercial Code should be applied, particularly Article 1255 of the Civil Code.Read more
Cross-border merger regulations in Spain and the European UnionThe European Union and Spain have introduced laws that regulate cross-border mergers that occur in Europe and ensure the rightful completion of the process. This article elaborates and compares the existing laws for this type of ventures.Read more
What is the venture capital (risk capital funds) or private equityVenture capital (risk capital) or private equity is a financial instrument that allows receiving or participating companies to obtain the capital resources required for the development of their projects.Read more
Advantages of investing in venture capital (risk capital) or private equityVenture capital (risk capital funds) can provide significant sources of funding to SMEs, in addition to prestige and credibility from gaining the support of this type of fund.Read more
Corporate Merger in Spain: Merger by creation or merger by absorptionCompared to 2013, in 2014, the number of mergers and acquisitions in Spain grew to 54%. The principle factors that have motivated this growth are the improvement of the economy and the increase of foreign investment in Spain. For 2015, this upward trend is expected to continue.Read more
Terms and phases of the due diligence as part of a business transferThe process of due diligence in the context of a transfer, merger, sale or purchase of a company in Spain includes four phases in order to ensure its correct course: preliminary, investigation, confirmation of data and the transmission of the report.Read more
The importance of due diligence in business transfer operationsPrior to a transfer of a business in Spain, one should carry out a due diligence in order to analyse the economic, financial and legal aspects of the business to be acquired. The process will help set an objective price for the transfer of the company and help avoid any risk of defects related to the company sold.Read more
