In Spain, it is usual to sign an earnest money contract or “contrato de arras” as part of any real estate transaction. The figure of the arras or depostis, confirmatory, penal and penitential give legal security to the deal and reflect different levels of commitment.
The operation of holiday tourist rentals in Spain requires careful consideration of the existing restrictions. Public authorities, especially the Autonomous Communities and Town councils, and the communities of owners can impose obligations, limitations and prohibitions on these activities.
Selling shares is a common way to obtain liquidity and restructure a company’s shareholding in Spain. However, it is crucial to consider certain legal aspects before proceeding with the transaction to avoid any potential issues in the future.
When debtors have vanished without a trace, it is imperative to adhere to legal protocols to ascertain their whereabouts. Within this article, we present a comprehensive guide to lawfully discovering the location of a debtor.
Collective bargaining agreements have a crucial impact on governing the relationship between companies and their employees. Therefore, companies operating in Spain must have a comprehensive understanding of the collective agreement applicable to their company and adhere to it, avoiding potential conflicts and ensuring compliance with labour obligations.
The termination of the agency contract by the entrepreneur typically results in the agent’s entitlement to compensation, which, in the absence of an agreement, the agent will seek through legal proceedings. Drawing from our expertise as lawyers specializing in cases involving foreign companies, we present below the fundamental criteria for ascertaining whether this claim can be pursued before the Spanish courts.
The transfer of workers is prohibited in Spain; temporary employment agencies (TEAs or ETTs in Spain) are the only entities authorized to hire temporary staff and place them at the disposal of another company. Companies must comply with this regulation, as the legal and economic consequences of committing irregularities in this matter can be drastic.
The Workers’ Statute is the legislation that aims to protect the worker’s labour rights, establishes rules for collective bargaining, and defines the responsibilities of employers and employees in Spain.
Investments by foreign investors in Spain generally require compliance with some administrative requirements and, in some cases, prior authorisation.
In Spain, the trading status is necessary to sell or resell energy on the market, a lucrative activity, although burdensome in practice for some market players. Collective self-consumption, and the approach of a specific contractual structure, stand out as alternatives to energy commercialisation.