Classification of economic and entrepreneurial business activities in Spain
Under the Entrepreneur Support and Internationalization Law effective since September 29, 2013, entrepreneurs must identify their core business using the economic activity code from the National Classification of Economic Activities (CNAE). The pertinent codes should be included in official documents and the initial registration entry in public registries.
Sole business license to operate in Spain
The sole business license is the Law that unifies the market and provides free movement of goods in Spain. This license eliminates the requirement of submission to 17 different regulations and allows the offering of any product or service produced under Spanish regional regulations anywhere in Spain without additional formalities.
Tax deductions for employment creation in Spain
On December 21, 2013, the Spanish Official Bulletin published the Royal Decree/Law 16/2013 on measures to promote stable employment and improve the employability of workers. It became effective on December …
Obtaining a Residence Permit by Investing in Spain
Mariscal Abogados participated in an interview on Spanish television and explained how to acquire the Spanish residence permit after the adoption of the Law of Entrepreneurs.
Directors’ retribution in the bylaws of the company in Spain
On March 7, 2013, the General Directorate of Registries and Notary issued a decision concerning the appeal against the Commercial and Personal Property Registrar’s refusal to register a public deed of company agreements. The decision outlines that to counter the presumption of gratuity, the bylaws must specify:
How to execute a will in Spain
Articles 657 et seq. of the Spanish Civil Code regulate Inheritance Law in Spain. It governs the transfer of a deceased individual’s assets, rights, and obligations to the heir, either through a will or applicable provisions in the absence of one.
The extrajudicial payments agreement procedure in Spain
In Spain, a natural person debtor requests a bankruptcy mediator from their local notary, while entrepreneurs or legal entities approach the Commercial Registrar at the registered office. The request for an extrajudicial payment agreement includes financial details, creditor lists, current contracts, and anticipated monthly expenses.
Withdrawal of the lease agreement in Spain
The approval of the 4/2013 Act of June 4, on the relaxation and promotion of the housing rental market measures, amended Article 11 of the Urban Lease Act. According to …
Consent To Use Cookies in Spain
This article highlights the essential aspects that information company service providers in Spain must observe to prevent the use of cookies on websites that may result in the violation of …
New Debt Settlement Procedure for Entrepreneurs in Spain
The Entrepreneur Support Act (Law 14/2013), effective from September 27, has brought about reforms. Notably, it has increased flexibility in the quorum of financial creditors for court approval of refinancing agreements. Moreover, regulations now govern extrajudicial payment agreements as tools for negotiating with creditors outside the judicial process.
