International Contracts
By comprehending contractual clauses that are universally applicable across various legal systems, both international lawyers and clients can enhance their readiness to fulfill contractual obligations and uphold robust international business interests and relationships.
Channels for Foreign Investments in Spain
Ownership eligibility in Spain, outlined in Royal Decree 664/1999 Article 2, is based on residency. Non-residents encompass Spanish citizens abroad, non-Spanish citizens living outside Spain, and corporate bodies located outside Spain, including non-Spanish public sovereign entities. Additional regulations on residency criteria and address changes are covered in Article 2 of Law 19/2003 dated July 4.
The Legal Structure of foreign investment in Spain: basic legal principals
To address the provisions of Law 18/1992 dated July 1, which establishes certain norms regarding foreign investment in Spain, its sole article specifies that the “sectors subject to the law on establishment have their specific regulations.
The meaning of being an international lawyer
What is the actual meaning of being an international lawyer nowadays? Clients do not only need a law expert, but an interpreter for the international context. Most of the clients …
Starting up a business in Spain, the Spanish agency contract
To circumvent temporary residency requirements for employees in Spain, foreign nationals starting a business may opt to enlist the services of local agents (Spanish individuals or companies) already possessing residency and employment authorization. These agents, familiar with the Spanish language, customs, and business practices, can play a crucial role during the company’s launch, leveraging their expertise to introduce the new venture to the region.
Regulation of discrimination labor relations in Spain
The Spanish Constitution, Workers’ Statute, and European Directives prohibit discriminatory terminations based on characteristics such as age, incapacity, birth, race, origin, civil status, sex, religion, political opinion, sexual orientation, or any other personal or social condition.
Employment termination processes in Spain
Spanish employment law differentiates between the suspension and termination of an employment contract. Suspension is a temporary interruption, such as when an employee takes temporary leave for family reasons. Termination signifies the permanent end of the employer-employee relationship, involving notice and compensation. While the termination processes for management personnel, regular employees, and agents differ under various laws, they share similarities.
New regulation affecting solar thermoelectric and wind power installations in Spain
The Government’s response to enhance the economic sustainability of electricity generation activities using solar thermoelectric and wind power technologies in Spain is reflected in the new Royal Decree (RD 1614/2010). Dated December 7th and published in the Official State Gazette (BOE) on December 8th, 2010, the decree came into force on December 9th, 2010.
Employment-law issues when starting up a business in Spain
The information provided outlines key employment-law considerations for foreign nationals establishing small- to medium-sized businesses in Spain. In summary, it emphasizes the need for a clear understanding of the employer-employee relationship, the rights of employees, and the early decision on hiring employees or agents. Additionally, a prompt initiation of the immigration process is advised due to potential lengthy visa and residency waiting periods.
Steps to start an LLC or limited liability company in Spain
To initiate the establishment of an LLC (Limited Liability Company) in Spain, you need to follow these steps:
