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.
The Royal Decree-law 30/2020 on social measures in defence of employment came into force on 30 September 2020. The following table summarizes the exemptions from the payment of social security contributions between 1/10/2020 and 31/1/2021.
In Spain, companies can incorporate as either an S.A. (Sociedad Anónima) or an S.L. (Sociedad Limitada). Each has distinct legal and financial implications regarding capital requirements, liability, and shareholder structure, making them suited for different types of businesses.
Entering the Spanish market offers several strategic alternatives, including setting up a local branch, creating a joint venture, or acquiring a local business. Each option presents unique benefits, such as market penetration, reduced costs, or access to local expertise. It’s important for foreign businesses to assess legal and regulatory factors before choosing the best approach.
The steps to follow to buy your property in Spain are 4. The first one is to verify the ownership of the property, its situation and urban ranking at the Registry of Ownership.
When transferring a business in Spain, companies can opt for an asset purchase or share purchase agreement, each with different legal and tax implications. The choice between these methods depends on factors such as liability, financial structure, and tax treatment. Understanding the benefits and risks of each approach is crucial for ensuring a smooth transaction.
In Spain, the dissolution and liquidation of a company become compulsory when it faces insolvency, continuous losses, or failure to meet legal requirements. Companies must adhere to specific procedures to avoid penalties and ensure proper closure. Understanding when and how to initiate this process is crucial for compliance and protecting stakeholders.
Due diligence in Spain involves evaluating the financial, legal, and operational aspects of a company before transactions like mergers or acquisitions. It helps identify risks and opportunities. There are several types of due diligence, such as financial, tax, legal, and commercial, each focusing on different business aspects. Proper due diligence is crucial for ensuring informed decision-making.
The trade de-escalation plan in Spain focuses on the post-COVID recovery phase, aiming to stabilize businesses and foster economic growth.
Liquidity solutions for companies in Spain are designed to help businesses navigate financial challenges, particularly in times of economic uncertainty.
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