The Economic Significance of the EU Data Protection ReformThe objectives of the data protection reform is to provide a higher level of control over collected data and unify data protection rules across the European Union. In the practice these measures will cut costs for Spanish companies who are operating in other member countries and thus make them more competitive on the global market.Read more
Conversion of Temporary Contracts into Fixed Contracts in SpainTemporary contracts will becomes permanent when, in a period of 30 months, the worker has been contracted for more than 24 months in the same company with two or more temporary contracts. In addition, time is also counted for the worker’s having provided services for the same group of companies even if they are different.Read more
The Use of the Electronic Cigarette in SpainThe use of the electronic cigarette in Spain is being partially regulated in accordance with the Law 28/2005 in order to comply with health and safety regulations. Although the use of electronic cigarettes is not limited to all of the same restrictions as smoking (e.g. indoors: public administration buildings), it does restrict their sale to minors and it also regulates advertisements for electronic cigarettes which may no be broadcast during the hours of children´s television for example.Read more
Deductions Relating to Income Tax with the New Tax Reform in SpainThe new tax reform in Spain lowers the income tax by about 12.5% and provides a deduction for taxpayers with large families, elderly family members, or disabled dependents. This means that these taxpayers will be able to deduct about 1,200 Euros per year, an amount which, depending on the case, may increase.Read more
The Role of the General Meeting of Shareholders in SpainThe role of the general meeting of shareholders in Spain differs according to whether it is a listed company or not. Therefore, there are different characterists depending on what type of company it is.Read more
Requirements and Length of the Work Experience Contract in SpainThe purpose of the work experience contract is for contracted workers to acquire practical training. For this reason, the tasks to develop must always be bound to the theoretical training they have received.Read more
New Commercial Code in Spain: The Right of Competition and Industrial PropertyAlthough there are international conventions that rule intellectual property rights, Spain has recently included in its draft of the New Commercial Code important changes that will affect the Law of Competition and Industrial Property.Read more
The Reform of the Companies Act in SpainThe reform of the companies act in Spain focuses on the urgency for listed companies to update their corporate governance systems and affects shareholders’ general meetings, director’s remuneration and board of directors among other. It came into force on the 1st January 2015.Read more
Representation Powers of Shareholders of Public Limited Companies in SpainThe representation system for public limited companies in Spain is more open regarding parties that may act as proxies on behalf on shareholder, but the manner of representation only grants special powers of attorney for each meeting and not general powers of attorney. In contrast, the manner of representation is stricter than in public limited companies whereby the representation is a shareholder may be carried out by anybody.Read more
Business changes introduced by the new Commercial Code in SpainThe new Commercial code in Spain introduces certain changes in the pecuniary liability of owners of limited liability companies, the creditors’ meetings and the transfer of the company as a whole.Read more
