Mercantile obligations for companies in Spain

Leialta helps foreign companies and individuals set up a business in Spain. A key aspect for all business owners is understanding the regulatory and mercantile requirements under Spanish law. The fact is, no legal entity manages itself. Read on for precise information from reliable business advisors on mercantile obligations in Spain to begin trading in an efficient […]

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Spanish holding companies channel investment to and from foreign entities

By knowing how to invest in foreign markets via the application of Spanish International Investment Company status (ETVE), investors benefit from advantageous tax exemptions. Learn how establishing a holding company in Spain with several international dependent subsidiaries abroad can prove to be a wise and safe business investment. Entidades de Tenencia de Valores Extranjeros – […]

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Member Spotlight – Why boutique is best – Daniel Jimenez Garcia values the personal approach

For Daniel Jimenez Garcia, the ideal law firm is a small boutique with a large reach. After working for years at Ashurst – the international legal behemoth – Daniel was ready for a radical change. He wanted his own small firm but with an international presence to draw in big clients. As a specialist in […]

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VAT Deferral Regime on imports. In which cases is it applied, what are the requirements and how is it requested?

The VAT deferral scheme allows some companies and individuals to defer VAT payments on their imports until they present their monthly VAT return and thus set off any import VAT due on the VAT accrued. Read on to learn what requirements need to be met in order to adhere to this scheme. The VAT deferral […]

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Foreign business taxation in Spain: the initial procedures (III)

Today we will review the essential tax procedures for investments in Spain: the different obligations and which is the best way to manage them if you want to bring your business to our country. Setting up a business in Spain is a challenging adventure that, as we have told you in other posts, can be a […]

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Approval of the legal reform introducing new changes in corporate governance

The Spanish Parliament has approved the Act, by which the Consolidated Text of the Spanish Companies Act is amended, aiming to transpose into the Spanish legislation the Directive (EU) 2017/828 of the European Parliament and of the Council of 17 May 2017, amending Directive 2007/36/EC, with regard to the promotion of long-term shareholder engagement in listed […]

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The extension of deadlines concerning insolvency duties, measures to support business solvency in response to the Covid-19 pandemic

Royal Decree-Law 5/2021, on extraordinary measures to support business solvency in response to the COVID-19 pandemic, introduces a set of provisions aimed at providing “the appropriate framework to address the process of analysis and strengthening of balance sheets and financial restructuring, during 2021“. This regulation was settled to provide additional protection to the business network […]

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Transposition of the European anti-hybrid legislation into the Corporate Income Tax

Last 10 March 2021 the Spanish Official State Gazette (BOE) published the Royal Decree-Law 4/2021, of 9 March, which transposes into the Spanish law, the Council Directive (EU) 2016/1164 of 12 July 2016, amended by Council Directive (EU) 2017/952 of 29 May 2017 (Directive ATAD II), on hybrid mismatches to prevent tax avoidance in related-party […]

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Another way of doing business in Spain is through a representative office

Do you want to do business in Spain? There are many opportunities and several ways for foreign companies to start doing business in Spain. The most commonly known ways for foreign companies to set up in Spain is as a branch office or as a subsidiary (plc or ltd).   However, in this post we are going […]

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