Hiring Remote Talent In or From Spain: Legal Guide
For a Spanish company, hiring international remote talent is no longer simply a matter of "global recruiting", it is a question of operational legal structure. The right decision…
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Software intellectual property: how to ensure the code belongs to the company
A company can spend months developing an application, a SaaS platform or an internal tool, only to discover too late that ownership of the code has never been documented. The…
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How to avoid unpaid invoices (before having to chase them up)
Unpaid invoices rarely appear out of nowhere. There are almost always warning signs beforehand.
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Staff Transfer on Acquisition of a Law Firm or Advisory Practice
Buying a law firm, an advisory firm, or an accountancy practice is not simply a matter of acquiring a client portfolio. In many cases, it also means taking on the staff who work…
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Key issues to consider when selling your professional practice or law firm
Year after year, professional advisory firms and law firms in Spain are sold or merged into larger firms that are concentrating market share and which, moreover, have teams …
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The Shareholder’s Right of Withdrawal due to Non-Payment of Dividends in Spain
You're a shareholder in a Spanish company. The company has been making profits for years, but the shareholders’ meeting never agrees to distribute dividends. Instead of receiving…
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8 Key Facts to Know Before Starting or Buying a Business in Spain
If you’re planning to start a business in Spain or acquire an existing company, there are some essential points you should be aware of to avoid unpleasant surprises. From share…
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Who's who in a Limited Liability Company: Partners, directors and other key roles
If you’re considering forming a Limited Liability Company (Sociedad Limitada (SL)) in Spain, you’ve probably already heard about the role of partners/shareholders (socios) and the
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Can Office Romances Be Prohibited? Legal Insights in Spain
In recent days, a headline has sparked debate across the media and social networks: “Love banned in the boss’s office.” The news concerns the dismissal of the Chief Executive…
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Limited Liability Company (Sociedad Limitada) or Public Limited Company (Sociedad Anónima): Which one is right for you?
If you’re planning to start a business in Spain, one of the first major decisions will be choosing its legal structure. And this is where a common question arises: should you form…
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Why you shouldn't set up your Limited Company with only €1 of share capital
Following the reform of the Spanish Companies Act (Ley de Sociedades de Capital) by Law 18/2022, the traditional minimum share capital requirement of €3,000 to set up a Limited…
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Foreign Investment in Spain
Spain is one of the most dynamic and attractive economies of Europe and offers a wealth of opportunities for foreign investors, from its extensive real estate market to its…
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Practical Guide to the Commercial Registry: Obligations, Formalities and Benefits
Imagine that you just founded a company together with other partners and you need to open a bank account in the name of the company. The bank asks you for the deed of…
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Legal Obligations of Companies in Spain: Sustainability and Environmental Protection
In Spain, companies are required to comply with various sustainability and environmental protection regulations which derive from both national and EU legislation. These…
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Everything you need to know about Benefit and Common Interest Companies (SBICs) in Spain
In recent years, the concept of corporate social responsibility has evolved. Nowadays, many companies are concerned not only with making a profit, but also with having a positive…
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The Factoring Contract
What is a factoring agreement? Factoring is a financial arrangement whereby a company assigns the invoices generated by its sales to a bank, which then takes responsibility for…
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Legal Characteristics of Catalan Cooperatives
What is a cooperative? The International Cooperative Alliance (ICA) defines a cooperative as "an autonomous association of persons united voluntarily to meet their common…
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Corporate consultancy for company minutes books in Spain
What is the company minutes book? In the Spanish business environment, company minutes books (libros de actas) document and record the most important decisions and agreements…
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Shareholders' agreements in Spain: content, function and legal effect
Shareholders' agreements (‘pactos de socios’/’pactos parasociales’ in Spanish) are an increasingly popular feature of the formation and operation of companies, as they set out the…
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Legal and financial obligations of companies in Spain
Commercial companies in Spain are subject to a number of obligations that they must comply with in order to operate in a legal and transparent manner. These obligations vary…
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Recovering costs in legal aid cases
Legal aid is a system in which a person who fulfils certain requirements can have access to a lawyer and a 'procurador' without having to pay for their services.
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The Minimum Rights of Minority Shareholders in a Limited Liability Company in Spain
Limited Liability Companies (Sociedades de Responsabilidad Limitada (S.L.s) in Spanish) are one of the most common forms of business in Spain. These entities offer a number of…
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When to incorporate a limited liability company for your business: Advantages and disadvantages
If you’re reading this, you probably have a great idea for a business. You know what service or product you want to provide, you know who you want to provide it to and you can’t…
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What Must Be Included in the Minutes of Commercial Company Meetings?
Resolutions passed by the governing bodies of commercial companies (the General Meeting of Shareholders and the board of directors) must be recorded in minutes, which shall be…
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Lawyers Specialising in Unpaid Debts
The Bill of Exchange Procedure To initiate proceedings, the claim must be filed together with a bill of exchange, cheque or promissory note meeting the requirements of the Bills…
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HOW TO CLOSE A COMPANY IN SPAIN
HOW TO LIQUIDATE A COMPANY: It is important to bear in mind that a company with debts cannot be dissolved (simultaneous dissolution…
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The Managing Director's Contract in a Company
The members of a board of directors may hold the following roles: Board members: (Chairperson, ordinary member, secretary) and, in addition, Managing Directors: a board member…
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Relationship Between a company Board Member and the company: Employment or Commercial?
1. The relationship between a company and members of the board of directors holding senior management positions is governed by commercial law, not employment law. The Supreme…
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Create a Branch, Subsidiarity or Permanent establishment in Spain
PERMANENT ESTABLISHMENT IN SPAIN A Permanent Establishment is a fixed place of business (a centre from which to carry out the business or a dependent agent). It is a Fiscal…
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