In this article, we will discuss the principal types of distribution contracts, specifically the contracts by which one company (the principal employer or grantor) sells to another (the company distributor …
This article introduces the Convention on the International Sale of Goods (CISG) and its distinctions in common-law jurisdictions. It is particularly informative for foreign companies engaged in international contracts, offering insights into the contract-drafting process and the significance of specific clauses.
Recognition of Spanish public documents in foreign countries is an international legal issue addressed by the Hague Convention of 1961. This article provides a brief overview of the fastest process for legalizing a Spanish public document for recognition abroad, essential for individuals involved in immigration or foreign business ventures.
Foreign and Spanish investments, excluding transferable securities, require reporting using the approved application form specified in the resolution of February 21, 2002. The forms are available for free on the Ministry of Economy’s website and can be obtained from relevant entities as per Royal Decree 772/1999 of May 7, Article 2.
By comprehending contractual clauses that are universally applicable across various legal systems, both international lawyers and clients can enhance their readiness to fulfill contractual obligations and uphold robust international business interests and relationships.
Ownership eligibility in Spain, outlined in Royal Decree 664/1999 Article 2, is based on residency. Non-residents encompass Spanish citizens abroad, non-Spanish citizens living outside Spain, and corporate bodies located outside Spain, including non-Spanish public sovereign entities. Additional regulations on residency criteria and address changes are covered in Article 2 of Law 19/2003 dated July 4.
To address the provisions of Law 18/1992 dated July 1, which establishes certain norms regarding foreign investment in Spain, its sole article specifies that the “sectors subject to the law on establishment have their specific regulations.
What is the actual meaning of being an international lawyer nowadays? Clients do not only need a law expert, but an interpreter for the international context. Most of the clients …
The Government’s response to enhance the economic sustainability of electricity generation activities using solar thermoelectric and wind power technologies in Spain is reflected in the new Royal Decree (RD 1614/2010). Dated December 7th and published in the Official State Gazette (BOE) on December 8th, 2010, the decree came into force on December 9th, 2010.
The LLC corporate form is highly recommended for small to medium-sized businesses due to its relaxed reporting requirements, relatively low initial capital (around 3,006 Euros), and limited liability for members. According to legal experts, approximately 90% of new companies in Spain are LLCs, with the remaining 10% being various forms of partnerships.
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