New Measures to Improve Stable Hiring and Employability in SpainThe Real Decree Law 16/2013 of December 20, 2013 on measures to promote stable hiring and improve the employability of workers includes modifications to Spanish Social Security contribution rates. Modifications …Read more
Inheritance or Donation in Spain?In Spain, the highest tax rate for inheritance acquisitions is 32% for the portion of taxable income surpassing 800,000 Euros. Although the discussed bonus can mitigate the tax liability arising from hereditary acquisition, the taxation associated with inheritance might still exceed that stemming from a donation.Read more
The Training and Apprenticeship Contract in SpainOn January 11, 2014, the Spanish Legal Bulletin (BOE) published the Order ESS/2518/2013 of December 26, 2013 (which became effective on January 12, 2014), which regulates the training aspects of …Read more
Restructuring of Entrepreneurial Debt in SpainRoyal Decree-Law 4/2014 revamps regulations on Insolvency Law’s refinancing agreements, broadening their potential content and clarifying rules for extending effects to non-signatory or dissenting creditors. This allows involvement of creditors with tangible securities in certain circumstances.Read more
Costs and Funding of the Training Activity in SpainThe time spent for training activity may not be less than 25% during the first year of activity, or 15% during the second and third year, of the maximum workday …Read more
Jeroen Kaarsgaren, Frebruary – June 2014After a full-time period of almost five- months, I finished my internship at Mariscal Abogados. I studied law in Amsterdam. In this period, I not only learned how to put …Read more
Measures to Improve Stable Hiring and Employability in SpainThe Real Decree Law 16/2013 of December 20, 2013, on measures to promote stable hiring and improve the employability of workers became effective on December 22, 2013. The measures include …Read more
The Role of the Mediator in Extrajudicial Payment Agreements in Spain (EPA)Per the European Code of Conduct for Mediators and the Spanish Mediation in Civil and Commercial Matters Act (LM), a mediator must maintain confidentiality regarding information and documents obtained during mediation, with the European Code of Conduct extending this duty to the mediation’s existence (point 4). The LM specifically holds the mediator responsible for any breach of this confidentiality obligation, highlighting its importance.Read more
Universal Board Meetings in the Spanish CompanyThe Universal General Board Meeting remains valid even if notice requirements are not met, as stated in Article 178 of the Capital Companies Act. In this unique meeting, rules for notice are unnecessary, as unanimous agreement and the presence of all members ensure the respect of attendance, information, and voting rights.Read more
Shareholders’ Attendance at General Meetings in SpainAccording to Article 179 of the Companies Act, shareholders of limited liability companies (“S.L.”) may attend the general meeting. The bylaws of limited liability companies cannot establish a minimum number of represented shares to attend general meetings.Read more
