How should a company face a tax audit in Spain?
There are different reasons why a company can be subject to a tax inspection: excessive VAT refunds, discrepancies between quarterly and annual models (…), or commonly for random reasons.
Obligations of companies in Spain before the Equal Pay law
Royal Decree 902/2020 on equal pay incorporates the obligation for all companies in Spain, regardless of the number of employees, to establish a pay register disaggregated by sex and professional categories.
Royal Decree 960/2020: the new economic regime for renewable energies
Royal Decree 960/2020 in Spain approves the new economic regime for renewable energies for electricity production facilities. It will be granted through an auction system and regulated by ministerial order.
5 Steps to Build a Power Plant in Spain
The 5 steps to build a power plant in Spain include: securing land rights, requesting access points and network connection, depositing the guarantees, preparing environmental studies and obtaining permits and licenses
Pre-insolvency, an alternative for the survival of the company
Pre-insolvency is a procedure defined in Article 5 of the Insolvency Law in Spain as a final extension for the company to redirect its financial/economic situation.
Christmas hamper in Spain, a vested right? Dismantling myths
Christmas hampers are not regarded, per se, as a vested right of workers. However, the specific circumstances of its regulation in each company need to be analysed case by case.
Permanence agreements in companies linked to financed training
The objective of permanence agreements in companies linked to financed training is twofold: to promote a greater degree of specialization of the employees and to ensure the recovery of the expenditure. However, agreements must observe some legal requirements to be valid.
The EPC contract versus the EPCM contract
Determining the ideal contract for an EPC (Engineering, Procurement, and Construction) project has a direct effect on the risks and costs of the project and can condition the efficiency of the execution of the work.
Promotion of new business models in the energy sector in Spain
The Royal Decree-law 23/2020 regulates new business models for participating in the electricity system in Spain so far not sufficiently ruled: storage, hybridization, aggregation, and renewable energy communities.
Objectives and advantages of pre-insolvency proceedings in Spain
The crisis may drive companies into insolvency. In these cases, the management body must adopt the fairest solution for all creditors, with the purpose to resolve the critical situation of the company. Pre-insolvency may be an alternative.
