Notarial Meetings are a mechanism for transparency and legal security in shareholder meetings in Spain. Discover who can request the presence of a notary, the requirements to do so, and other aspects of the procedure.
In Spain, the Capital Companies Act establishes several requirements for being appointed as a director, such as legal capacity or absence of incompatibilities. However, neither Spanish nationality nor residence in Spanish territory is necessary for a person, whether national or foreign, to hold the position.
Understanding and preventing corporate deadlock is essential for protecting investments and ensuring business continuity. Learn how to implement preventive measures and available solutions in the case of conflicts.
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.
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.
The modifications to the Spanish Commercial Registry in Spain enhance the digital transformation, transparency and accuracy in registration procedures and establish a modern regulatory framework for company law.
Royal Decree-Law 5/2023 includes new regulations regardomg Law 3/2009 and introduces standard provisions applicable to all structural modifications of commercial companies, and specific adaptations for each type of operation.
The joint account agreement (contrato de cuentas en participación), governed by the Spanish Commercial Code, provides investors with the opportunity to engage in collaborative economic activities with clear transparency regarding the assumed risks, all without the need for formal participation in the manager’s share capital.
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.
If a foreign company’s main activity is in Spain, it must have a corporate presence in Spain, either through the creation of a subsidiary, branch, commercial office or the acquisition of an existing business. Each option has its own legal and tax requirements, and the choice will depend on the business needs and objectives.
© 2024 Mariscal Abogados, S.L.P.
Legal Notice | Privacy Policy | Cookies Policy
