The commercial measures to support entrepreneurs in Spain include simplifications for electronically legalizing corporate books, issuing electronic powers of attorney, organizing records and the requirements for economic and financial information.
Competition law in the European Union, the United States and the United Kingdom appear to have the same, or similar, objectives but are very diverse in the manner in which they deal with the law and issues that arise. The differences arise in matters such as fighting cartels, which is more common than one may think.
The new rules applicable in Spain allow sending invoices by any means without an electronic signature and give equal validity to invoices on paper.
Courts in Spain have given judgments against controversial high-risk financial products offered by numerous banks, obliging banks to pay back the investment of their clients.
The Spanish Ministry of Finance is placing a special emphasis on sectors which higher tax risks. Their focus is on new areas of activity or business modalities, companies formed as a result of new technology, and legislative changes or modifications in the behabiour of taxable subjects or taxpayers.
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