Doctrine has reiterated on several occasions through judgements and resolutions of the General Direction of Registry and Notary the ability that administrators of a company in Spain have to resign or renounce their position.
The English term compliance, or conformité in French, refers to abiding to internal and external standards of businesses (best practices, Code of Ethics, anti-corruption, prompt risk prevention at the workplace, data protection, money laundering, etc.). Compliance with these rules can prevent and avoid tortious conduct by companies, among others offenses.
A business transfer is a change of ownership of a company, or a part of it, through a legal transaction. During the years 1977 (77/187 EC) and 2001 (2001/23), European legislation has pursued legal unification in the matter. However, there are still some differences between countries.
To convene a General Meeting, proof of the status of the shareholder is sufficient, without it being necessary that the shareholder have a minimum percentage of the share capital. In cases other than the calling of an ordinary General Meeting, the following requirements must be met:
Article 55.5 of the Workers’ Statute (ET) in Spain, establishes the principle of nullity regarding the dismissal of pregnant or breastfeeding workers. Exceptionally, the dismissal will be declared valid for reasons unrelated to the pregnancy or the exercise of the right to leave and leave of absence.
Disinheritance, contained in Article 851 of the Spanish Code Civil, relates to the deprivation of one of the heirs status as heir and his or her corresponding inheritance gift. In Spain, the only possibility of denying legitimacy is when certain established causes for particularly serious acts against the person of the testator occur.
Developments in the world of law have made possible the introduction of new sources of evidence through different mediums of writing, such as computers, video and telecommunications.
Fifteen months after its implementation, more than 530 people have come forth to be assigned a residential permit referred to as a golden visa in Spain after realizing a substantial investment:
The European Certificate of Succession, introduced by the European Parliament Regulation of 4 July 2012 on successions of people having interests, properties, descendants in various countries, is an authentic document issued by a notary (in Spain), certifying the capacity of an heir and the powers of any executors or administrators of a succession in the context of international successions.
As it is known, during these recent years of economic crisis, many Spanish companies have experienced grave economic difficulties, which have even led them to becoming insolvent: a situation, which in some cases does not affect the solvency of its foreign parent company.
