Registering distance selling companies in Spain
Distance selling has increased significantly in recent years, thus requiring knowledge of the registration requirements for distance companies in the Distance Selling Companies Registry.
Distance selling has increased significantly in recent years, thus requiring knowledge of the registration requirements for distance companies in the Distance Selling Companies Registry.
The counting of paid leave days is not always clear, as demonstrated by the recent decision of the Court of Appeals regarding a dispute between Air France and one of its part-time employees. It is therefore important for employers to remain aware of the regulations on paid leave at all times.
The L.L.C. is a very common type of company in Spain, it is important to be aware of the rules governing the formation, operation, and dissolution of an L.L.C before establishing one’s own company.
The reform of the Spanish Penal Code has accentuated the importance of compliance. It is clearly stated in Article 31(a) of the Penal Code that all companies are required to establish or strengthen programs that focus on compliance to criminal rules, emphasizing the criminal liability consequences that breaking these rules entail.
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.
The European Certificate of Succession certifies the capacity, all over the EU territory, of an heir and the powers of any administrators of a succession of a person having interests, properties or descendants in various countries of the EU.
The new rules applicable in Spain allow sending invoices by any means without an electronic signature and give equal validity to invoices on paper.
An administrator can freely resign or renounce his or her position in a company in Spain as contained in the Regulation of the Commercial Register, but several requisites must be fulfilled beforehand.
The model bylaw-types for prompt incorporation of companies in Spain enter into force in September 2015 for telematically creating a SRL.
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.