On March 8, 2014, Spain introduced Royal Decree-law 4/2014, known as the New Reform, to enhance the Spanish Insolvency Law. Acknowledging the inflexibility in pre-insolvency and insolvency systems, the reform aims to boost refinancing discussions. It achieves this by establishing a more secure pre-insolvency environment, safeguarding the debtor’s key assets against enforcement by unsecured creditors.
Due to historical ties, EU membership, and legislative harmonization trends, French and Spanish laws share commonalities. However, investors face challenges as legal proceedings and terminology differ. In debt collection, French investors need to understand procedures in Spain and potential distinctions from the French system.
A Partnership in Spain is a recommended choice for small businesses that prefer simple management and minimal investment. Partners bear personal and unlimited liability for third-party debts. Its establishment is simpler and more cost-effective than a company, with no mandatory registration or minimum initial capital requirement, except for specific contributions.
Before establishing a partnership in Spain it is important to know whiFor a partnership in Spain, the liability of the partners for debts against third parties is personal and unlimited, and its formal establishment is simpler and cheaper than a company. This article lists the process for establishing a partnership as well as its implementationch are the steps to follow and the requirements established by the Spanish government.
In Spain the new legislation for the protection of consumers includes the extension of the legal period to retract from the contract up to fourteen calendar days. Additionally final prices must be explicitly validated by consumers and users to complete the electronic purchase.
As of February 25, 2014, companies and self-employed individuals (regardless of size or workforce) that hire workers with a contract of indefinite duration shall only pay 100 Euros per month …
Working with Mariscal Abogados gave me practical legal experience in a broad range of legal areas. From labour law to corporate law, each day was filled with different types of …
The concept of donation is regulated by Articles 618 et seq. of the Spanish Civil Code (Cc) and it defines itself as an act of liberality under which one person …
Act 14/2013 on Support to Entrepreneurs and Internationalization (the Act) became effective on September 28, 2013. The Act allows foreign investors to live in Spain. Obtaining this residence permit is …
In Spain, local laws are implementing the Consumer Rights Directive (Directive). The Spanish Laws on consumer protection and information (La Ley General para la Defensa de los consumidores y Usarios (LGDCU) …
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