The right to information of shareholders in Spain
Article 93 of the Law on Corporations (LSC) recognizes the right to information of shareholders and regulates separately limited liability companies (article 196) and public limited companies (article 197).
New system of retribution for directors in Spain
One of the changes arising from the Law on Capital Companies in Spain is the distinction between directors acting in their capacity as directors whose remuneration is subject to the principle statutory reserve and directors performing executive functions who, in the event of receiving remuneration, are obliged to sign a contract with the Company.
What kind of company is the best to invest in Spain?
The main legal forms to establish an activity in Spain have advantages and disadvantages. The correct choice will depend not only on the activity itself as well as on the capital amount you want to invest, but also on the number of shareholders among other factors.
Leasing contracts in Spain: taxes and expenses
The building lease market in Spain has strengthened from the economic crisis and has begun to displace the ownership regime. However, the war between supply and the demand, and the hidden decoys behind feasible rents, can entail the assumption of taxes and expenses that parties should understand and negotiate.
Spain starts using online judicial auctions
Since October 2015, a website brings together notarial and judicial auctions in Spain. A citizen with prior registration and deposit will be able to consult and participate in an auction. Auctions affect both real estate and personal property, including those that would have been mortgaged.
Master franchise agreements in Spain: the trust by selectivity
The Master Franchise agreement is an exclusivity contract of a British/American franchise abroad. Structured by a double legal relationship between the headquarters, the master franchisee and the local franchisee, the contract allows the extension of a business model and the spirit of a British/American franchise abroad legally and economically.
Leasing contracts in Spain: expenses and fees
Aside from the responsibility of the taxable person (landlord) with regard to the Administration, and the more or less logical justification that could support the payment of expenses and fees related to leasing in Spain (community, supplies, waste), in Spain there is a principle of freedom to establish which taxes and expenses must be passed on to the tenant.
Causes of a disciplinary dismissal in Spain
Dismissal is the unilateral termination of a work contract by the employer. Disciplinary dismissal occurs when a company believes that a worker has seriously breached and failed to comply with his or her duties. Upon proof of a breach, the labour relationship is terminated and the worker loses the right to any compensation.
Rights and obligations under Consumer Credit Agreements
Law 16/2011 transposed the Consumer Credit Directive on consumer credit agreements to Spain. The objective of the law is to foster the integration of the consumer credit market and grant a high level of consumer protection by focusing on transparency and consumer rights.
Direct franchising in Spain: Security by proximity
Direct franchising permits British/American Franchisors to develop business models in Spain quickly and simply. As it offers the opportunity to freely choose commercial partners and the establishment areas of a business model, having recourse to a direct franchise agreement is a real token of quality and control when it comes to exporting a franchise business model to Spain.
