One of the strengths of the firm is that it is ambitious and has high quality work but also has such a genuine and friendly atmosphere. I was also impressed with the range of international clients that the firm deals with and the fact that all the lawyers speak a wide range of languages.
More and more non-resident foreign nationals, attracted by the good economic climate, decide to buy a property in Spain. The drop in real estate prices has increased the number of investors.
A permanence agreement in a company in Spain is a signed written agreement where a worker undertakes to provide services to a company for a period not exceeding two years. The breach of this agreement entitles the employer to receive compensation for damages.
There are legal and statutory reasons for excluding a shareholder in Spain. Any shareholder who voted for an exclusion resolution is entitled to bring an exclusion action on behalf of the company.
According to the new reform of the Spanish Penal Code, a company’s criminal responsibility depends on its compliance with the duty of supervision and control established by the legislation, in which case it may be exonerated of the crime.
The new regulation regarding the prevention of money laundering crimes and the financing of terrorism affects some conditions of the legislation regarding the protection of personal data information in Spain.
Challenging corporate resolutions, generally by minorities against majorities, occur more and more often before courts. The amendments to the law of corporations in Spain will minimize these conflicts.
This article contains some basic notes on the concept, main characteristics, process of formation and fiscal regime applicable to a Spanish branch, one of the main ways of investing in Spain.
Apart from a fine that a court may impose on a company found criminally liable in Spain, there are other consequences, just as harmful, that may affect the company.
Spain is one of the countries with the largest economic growth in the short run. Its strong economic sectors and increasingly strong international focus places this country as one of the leading countries for the development of investment and internationalisation.
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