Five tips to purchase a real estate in Spain
The real estate sector in Spain is recovering, and looks promising. Nevertheless we must consider the risks and steps involved in purchasing real estate and understand how to conduct a safe transaction.
How to call for a shareholders’ general meeting in Spain?
The announcement of a shareholders’ general meeting in Spain must be made through the company’s website or by publishing it in the Spanish Official Gazette of the Trade Register. The company’s bylaws may also provide other ways to publish the notice.
The impact of Brexit in Spain
The fall in the price of Spanish companies with a greater presence in the UK, the uncertainty in the banking sector, the reconfiguration of power in the European Union or the need for new trade agreements, are just some of the consequences resulting from the departure of the UK from Europe
Law on Advertisements in the media in Spain
Advertising through the media is more controlled than one may think. There are limits on how much advertisement can be shown on TV, as well as how advertisements must be displayed online. The bottom line is that a consumer must always be protected and must always know that what they are being subjected to is indeed an advertisement rather than merely information. The laws that govern advertisements are quite specific on how advertisements must be created and displayed. Therefore, a consumer is protected from any type of deceptive advertising.
How to develop consumer credit activities in Spain
A consumer credit agreement (CCA) is an agreement whereby a creditor grants or undertakes to grant credit in the form of a deferred payment, loan, credit facility or any other equivalent way of financing in favour of a consumer.
Data Protection Regulations for companies in Spain
All natural or legal persons and Public Administrations that deal with personal data are obliged to comply with and adapt to the regulations of the current Personal Data Protection Act (LOPD) in Spain.
The functioning of labour and investee companies in Spain
Labour and investee companies, regulated in Spain by Law 44/2015, may be private or public limited companies. There are two types of shareholders within such companies: workers with permanent contracts who have worker class shares, and those who are not workers with permanent contracts and have general class shares.
Real estate investment companies increase their profits
In 2015, large real estate investment firms tripled their profits compared to the former year. Their profitability through dividends and the recovery of the real estate sector in Spain predict new profits once again this year for these investment vehicles in real estate assets for rent.
The international transfer of personal data without the Safe Harbor agreement
Since the invalidation of the Safe Harbor agreement on 6 October 2015, companies should take into account the new rules established by the Court of Justice of the European Union regarding the international transfer of personal data.
Relocation of workers and social security in Spain
Generally, the social security regulation applicable to relocated workers depends on the country where the worker will develop his or her activity. However, there are exceptions depending on the relocation period and the destination country.
