Articles

05-2024 Digital Company Formation in Spain

Spain drives Digitalization: Legal Innovations in the Notarial, Registration, and Corporate areas

The Law 11/2023 introduces the establishment of limited liability companies through monetary contributions in a fully online process, thus streamlining commercial registration procedures in Spain.

Read more

04-2024 The contract termination of Senior Managers

Senior Manager’s Role in Spain: Exploring Contract Termination Dynamics

The employment relations of Senior Management, regulated by Royal Decree 1382/1985 in Spain, have special conditions, especially concerning contract terminations, where the sometimes less favourable conditions for Senior Managers (compared to regular employees) generate frequent conflicts after the termination of the working relationship.

Read more

65-2023 Collective Bargaining Agreements in Spain

Can my company apply for more than one collective bargaining agreement in Spain?

In a complex labor environment, companies engaged in diverse activites face uncertainty regarding the application of collective bargaining agreements in industrial relations. There is an ongoing debate about the feasibility of utilizing different agreements versus a single agreement. Critical factors such as corporate purpose, turnover, and contracting activities play a pivotal role in making this decision.

Read more

The temporary joint venture in Spain

Temporary Business Association or UTE, a method of incorporation in Spain

Foreign companies can achieve entry into the Spanish market through collaboration with local companies. This collaboration offers appealing advantages, such as the costs and risks reduction associated with their expansion. In this context, companies may decide establishing a temporary business association (UTE), a structure governed by Law 18/1982 dated 26 May 1982 in Spain.

Read more

3-2024 FOCO and Next-Tech Funds in Spain

FOCO and Next-Tech Funds in Spain: Opportunities for Foreign Venture Capital Funds

As part of the efforts to stimulate the digital economy in Spain, the FOCO and Next-Tech Funds represent an appealing opportunity for foreign investors seeking to access the Spanish market and capitalize on its growth potential.

Read more

63-2023 Requirements and Procedure to Access the Benefits of the Startup Law

Requirements and Procedures for Accessing the Benefits of the Startup Law in Spain

The innovation and scalability characteristics of companies aiming to benefit from the Startup Law have recently been defined and developed in Order PCM/825/2023 of 20 July. It establishes the general presumptions and characteristics that startup applicants must meet to qualify and be certified as “startups” by ENISA.

Read more

2-2024 Foreign Venture Capital Funds: Why Spain

Spain: An Attractive Destination for Foreign Venture Capital Funds

Spain is consolidating as an increasingly attractive destination for Venture Capital Funds. Economic stability, internal market consistency, and governmental support, among other factors, drive a constant growth in profitability for both national and foreign investors.

Read more

57-2023 Clauses in investment rounds

Key Clauses in Investment Rounds

In an investment round of a startup, the shareholders usually sign an investment and/or a shareholders’ agreement to establish the guidelines for their arising relationship. Although the specifics may differ based on each company and its shareholders, these agreements usually contain some key clauses. In this article, Carla Rissmann provides an explanation of the content and purpose of these clauses.

Read more

1-2024 The Economic Unit in the Context of a Partial Spin-off

The Economic Unit: Fundamental Pillar in Partial Spin-offs

The economic unit encompasses the active and passive elements constituting a ‘company’ or ‘autonomous productive unit’ within the company. The transfer of an authentic economic unit is an essential requirement for partial spin-offs in Spain.

Read more

64-2023 Venture Capital Funds Financing Rounds

Key Issues and Clauses for Venture Capital Funds in Financing Rounds

Venture capital funds provide companies with the necessary liquidity for their growth and development, typically through a process known as a funding round. In these processes, it is essential to assess the key issues and contractual clauses that these entities must consider to ensure the success of their investments.

Read more