The role of a commercial agent in Spain
Using a commercial agent’s services provides a business a profitable and efficient formula when embarking on exporting its goods and services or expanding into new national as well as international markets.
Using a commercial agent’s services provides a business a profitable and efficient formula when embarking on exporting its goods and services or expanding into new national as well as international markets.
The right of withdrawal is the most important consumer right concerning long distant selling contracts as established in the Spanish consumer protection act Ley General para la Defensa de los Consumidores y Usuarios (TRLGDCU).
The European Union and Spain have introduced laws that regulate cross-border mergers that occur in Europe and ensure the rightful completion of the process. This article elaborates and compares the existing laws for this type of ventures.
The Spanish Corporation Law (Ley de Sociedades de Capital, LSC) distinguishes between the legal forms of a corporation, partnership and individual entrepreneurship when forming a company in Spain. This is a list of the main features regarding shareholders, equity, liability, founding costs, name assignment and notarial certification.
Council Regulation No. 44/2001 contains the rules applicable to enforce a civil or commercial judgement in another European member state. However, Spain, with no bilateral agreements, follows the Hague Convention.
Competition law in the European Union, the United States and the United Kingdom appear to have the same, or similar, objectives but are very diverse in the manner in which they deal with the law and issues that arise. The differences arise in matters such as fighting cartels, which is more common than one may think.
By acquiring a shelf company, a company’s start-up period can be circumvented, saving considerable time. This is a major benefit as it takes several months to establish a new company in Spain. Additionally, since shareholders bear unlimited liability with their business and personal assets during the time until the company’s entry into the Commercial Register is made, risks are reduced when the start-up period is reduced.
Venture capital (risk capital) or private equity is a financial instrument that allows receiving or participating companies to obtain the capital resources required for the development of their projects.
Venture capital (risk capital funds) can provide significant sources of funding to SMEs, in addition to prestige and credibility from gaining the support of this type of fund.
From August 2015 on there will be new rules in international inheritance law; from that date on, the applicable law will be the one from the country where the deceased last lived or had his regular residence.