Legalization of electronic company records in Spain
All business owners with activity in Spain must legalize their accounting records electronically and online, within four months from the closing date of the accounting period.
How to call for a shareholders’ general meeting in Spain?
The announcement of a shareholders’ general meeting in Spain must be made through the company’s website or by publishing it in the Spanish Official Gazette of the Trade Register. The company’s bylaws may also provide other ways to publish the notice.
The functioning of labour and investee companies in Spain
Labour and investee companies, regulated in Spain by Law 44/2015, may be private or public limited companies. There are two types of shareholders within such companies: workers with permanent contracts who have worker class shares, and those who are not workers with permanent contracts and have general class shares.
The Entrepreneurial Limited Liability in Spain
Law 14/2013 on support to entrepreneurs and their internationalization (“Entrepreneurs Law”), published in the BOE on Saturday 28 September 2013, aims to support entrepreneurs and entrepreneurship. In commercial and company law matters, the law creates entrepreneurial limited liability, successive formation of limited liability companies, and the introduction of measures to expedite the incorporation of companies and simplify certain corporate obligations.
The Successive Formation Limited Liability Company (S.F.L.L.C.) in Spain
Law 14/2013 (“Entrepreneurs Law”) introduces a new type of company called the Successive Formation Limited Liability Company (S.F.L.L.C.) in order to support entrepreneurial activity in Spain.
The legal regime of holding companies in Spain
Due to the novelties introduced by the 2015 tax reform, it is important to check the composition of a company’s assets in order to evaluate its possible qualification as a holding company and to conduct sound tax planning.
Means to avoid corporate criminal liability in Spain
For a company to avoid criminal liability for crimes committed by third parties in the name of, or on the behalf of the company, the company must have a prevention plan for crimes and rely on a compliance officer.
Model bylaw-types for the fast incorporation of companies in Spain
The model bylaw-types for prompt incorporation of companies in Spain enter into force in September 2015 for telematically creating a SRL.
Sending invoices via e-mail: is it valid in Spain?
The entry into force of the new Billing Regulation in Spain regulates the common practice of sending invoices in PDF format via e-mail, granting those invoices the same validity as hard copy invoices.
How to change the registered office of a company in Spain
Based on the amendments of the Capital Companies Act of May 2015, a board will have the power to change the registered office of a company within the Spanish territory, unless the company’s bylaws grant this power to the general shareholder’s meeting.
