Spain’s Entrepreneurial Nation 50 measures put the focus on the startups, and,pursue four goals: to accelerate the maturity of investment in Spain; to attract, retain and develop talent; to step up the scalability of Spanish companies; and to turn the public administration into an entrepreneurial sector that generates favourable regulatory.
Royal Decree 902/2020 on equal pay incorporates, among others, the obligation for companies to establish a pay register disaggregated by sex and by professional category.
The arbitration clause in commercial contracts allows the parties to submit the resolution of any disputes to the decision of an arbitration court. Its pros and cons need an assessment on a case-by-case basis.
While in 2021 gender equality plans and salary registers become compulsory for companies, the temporary layoff procedures (ERTEs) are extended until the end of May.
The COVID- 19 health crisis has led to delays in the Spanish courts due to its paralysation during the State of Alarm. In the coming months, the Administration of Justice should adapt to the new normality and anticipate a possible increase in litigation and insolvency proceedings, mainly from 2021.
One of the advantages of the pre-insolvency proceedings is that it stops the execution of judicial enforcement of properties and rights so that the company can continue with its professional activity.
Corporate crimes provide for the punishment of company directors for their infringements and abuses of power.
The Spanish government has finally regulated the law on remote working in Spain, which lacked specific regulations and which, since the beginning of the pandemic, has increased significantly in the country.
RD 901/2020 on equality plans and their registration in Spain establishes, among other things, that all companies with more than 50 employees must implement an equality plan before 1 March 2022.
RD 902/2020 of 13 October on equal pay for women and men establishes, among other things, that all companies, regardless of their size, must keep a salary record of all their employees, including managers and senior executives.
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