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THE DATA PROTECTION PROJECT IN SPAIN

On 10th November 2017, the Council of Ministers approved the sending of the draft law on Data Protection to the General Courts (Spanish Parliament) in order to adapt Spanish legislation to the provisions of Regulation 2016/679 of the European Parliament and of the Council, dated 27th April 2016. This European Regulation shall be applied as from 25th May 2018. Our…

FACILITATING THE TRANSFER OF A COMPANY’S REGISTERED OFFICE-NEW ROYAL DECREE-LAW 15/2017, OCTOBER 6

As of October 7 2017, the Spanish Official State Gazette published the new Royal Decree Law 15/2017 of October 6 regarding Urgent Measures for the Mobility of Economic Operators within the national territory (hereinafter “Royal Decree-Law”). This Royal Decree-Law amends paragraph 2 of article 285 of the consolidated text of the Spanish Capital Companies Act (hereinafter “LSC”). The previous version of…

NEW FORM 232: INFORMATIVE TAX DECLARATION REGARDING RELATED TRANSACTIONS, AS WELL AS THE TRANSACTIONS AND FINANCIAL SITUATIONS RELATED TO COUNTRIES OR TERRITORIES CONSIDERED AS TAX HAVENS

The Official Gazette of the Government of Spain, dated 30 August 2017, published the Order HFP/816/2017 of 28 August, approving form 232 for the informative tax declaration regarding related transactions, as well as the transactions and financial situations related to countries or territories considered as tax havens. For tax periods beginning on or after 1 January 2015, a comprehensive and…

COMPANY MERGERS AND PUBLICATION.

In accordance with paragraph 1 of article 43 of the Spanish Act 3/2009 of April 3, on structural modification to companies, when there is a merger between entities, it is required that the participating companies make the approval of said resolution of the general meeting public in the Official Gazette of the Commercial Registry as well as in a newspaper…