The draft of the Law to Support Entrepreneur and Internationalization was approved at the Minister’s meeting that took place on June 28, 2013. The bill is now to be passed on to the government for which special plenary sessions will be hold on July 16th and 17th.
The article discusses the purchase of real estate in Spain by foreigners, providing statistics about the nationality of the buyers, the purposes of their purchases, top locations and an evaluation of the economic effects of these purchases.
The article elaborates on the documents and conditions that a foreign national must meet to file a successful application for a Spanish Non-Worker Temporary Residence Permit.
Vice President Soraya Sáenz de Santamaria announced in Berlin that the Entrepreneur Law Project will be approved by the Spanish Council of Ministers this Friday. We await further details on what this means for clients interested in the Spanish Residency Permit for investors or property owners.
The Royal Decree-Law 4/2013 created tax incentives that attempt to stimulate growth and job creation in Spain. Income Tax Incentives for Newly Created Entities Newly created entities, created on or …
Despite initial reports, there is no confirmation or updates on the approval of the Entrepreneur’s Law by the Spanish Government last week, which aims to grant residence permits to non-EU citizens investing in Spanish property.
The Spanish President Mariano Rajoy, met with a group of entrepreneurs and small business owners in Moncloa, Madrid to present them with some general information concerning the Law of Entrepreneurs’ …
On November 21, 2012, the Spanish Legal Bulletin (BOE) announced the Law 10/2012 of November 20, which regulates certain fees in the area of the Administration of Justice and the …
The express insolvency mechanism benefits debtors by cutting costs, eases the workload for mercantile courts, and prevents false satisfaction expectations for creditors. This is likely to result in a continued high number of insolvencies as debtors increasingly use this shortcut to obtain the entity’s death certificate.
The Law 3/2004 of December 29 established measures to combat late payment in commercial transactions. Specifically, Article 7.2 clarified the default interest rate. Until February 23, 2013, the Article dictated: …
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