{"id":2277,"date":"2017-10-20T14:43:25","date_gmt":"2017-10-20T14:43:25","guid":{"rendered":"https:\/\/vila.es\/en\/?p=2277"},"modified":"2020-11-20T11:55:39","modified_gmt":"2020-11-20T11:55:39","slug":"facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6","status":"publish","type":"post","link":"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/","title":{"rendered":"TRANSFER OF A COMPANY\u2019S REGISTERED OFFICE-NEW ROYAL DECREE-LAW 15\/2017, OCTOBER 6th"},"content":{"rendered":"

As of October 7 2017, the Spanish Official State Gazette published\u00a0the 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”).<\/p>\n

The previous version of Article 285.2 of the LSC established that the administrative body of the company was competent to change its\u00a0registered office within the national territory, provided that there is no contrary provision in the company\u2019s bylaws.<\/p>\n

However, two different lines of interpretation exist; the first considers that a \u201ccontrary provision\u201d to the competence of the administrative body attributes the general meeting with the faculty to agree a change of registered office. On the other hand, in contrast to said interpretation, a criteria exists whereby the mere reproduction in the company bylaws of the previous supplementary regulation is indicative of the will of the shareholders to be subjected to the legal regime in force at any time. In this way, such “contrary provision” would only exist when the company\u2019s bylaws had been amended after the entering into force of the reform of the LSC, in order to expressly deviate from the supplementary legal regime, under which the administration organ is granted with the competence to change a company\u2019s address within the national territory.<\/p>\n

The purpose of the Royal Decree-Law is to clarify (i) the general rule: the competence to change a company\u2019s registered address within the national territory originally corresponds to the company\u2019s administrative body, (ii) and in case the shareholders consider that this competence must be held by the shareholders’ meeting, it must be thus established in the company\u2019s bylaws, expressly denying the administrative body this competence.<\/p>\n

Consequently, following the entering into force this Royal Decree-Law, Article 285.2 of the LSC shall have the following wording:<\/p>\n

\u201cAs an exception to the previous paragraph, the company\u2019s administrative body shall be competent to change the registered office within the national territory, unless otherwise provided in the company\u2019s bylaws. It shall be deemed that there is a contrary provision of the bylaws only when they expressly establish that the administrative body does not hold this competence<\/u><\/strong><\/b>.<\/em>\u201d<\/p>\n

In addition, the Royal Decree-Law contains a transitional provision stating that it shall be understood that there is a contrary provision in the company\u2019s bylaws only <\/u><\/b>when<\/u><\/b>, after the entry into force of the Royal Decree-Law an amendment to the company\u2019s bylaws<\/u><\/strong> was approved<\/u><\/strong>, <\/u><\/strong> expressly declaring \u00a0that the administrative body of the company does not hold the competence to change the registered address within the national territory.<\/p>\n

Ultimately, in spite of a company having a provision in it\u2019s bylaws stating that the competence for the change of registered office belongs to the General Shareholder\u2019s meeting, if this provision was not introduced after the entering into force the Royal Decree-Law, this provision shall not apply to the change of registered office within the national territory, and in this case, this competence shall continue to be held by the administrative body of the company.<\/p>\n

The Royal Decree-Law entered into force the day upon which it was published in the Official State Gazette, October 7 2017.<\/p>\n

 <\/p>\n

 <\/p>\n

Mika Otomo<\/p>\n

Vil\u00e1 Abogados<\/p>\n

 <\/p>\n

For more information, please contact:<\/p>\n

va@vila.es<\/a><\/span><\/p>\n

 <\/p>\n

20th\u00a0<\/sup>of October 2017<\/p>\n","protected":false},"excerpt":{"rendered":"

As of October 7 2017, the Spanish Official State Gazette published\u00a0the 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 […]<\/p>\n","protected":false},"author":4,"featured_media":5986,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[],"class_list":["post-2277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate"],"yoast_head":"\nFACILITATING THE TRANSFER OF A COMPANY\u2019S REGISTERED OFFICE-NEW ROYAL DECREE-LAW 15\/2017, OCTOBER 6.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FACILITATING THE TRANSFER OF A COMPANY\u2019S REGISTERED OFFICE-NEW ROYAL DECREE-LAW 15\/2017, OCTOBER 6.\" \/>\n<meta property=\"og:description\" content=\"As of October 7 2017, the Spanish Official State Gazette published\u00a0the 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 [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/\" \/>\n<meta property=\"og:site_name\" content=\"Vil\u00e1 Abogados\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-20T14:43:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-20T11:55:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/vila.es\/wp-content\/uploads\/2020\/07\/societario2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"669\" \/>\n\t<meta property=\"og:image:height\" content=\"272\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Vil\u00e1 Abogados\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Vil\u00e1 Abogados\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/\"},\"author\":{\"name\":\"Vil\u00e1 Abogados\",\"@id\":\"https:\/\/vila.es\/en\/#\/schema\/person\/1338568a83d16fbfd6073c8cc4834904\"},\"headline\":\"TRANSFER OF A COMPANY\u2019S REGISTERED OFFICE-NEW ROYAL DECREE-LAW 15\/2017, OCTOBER 6th\",\"datePublished\":\"2017-10-20T14:43:25+00:00\",\"dateModified\":\"2020-11-20T11:55:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/\"},\"wordCount\":568,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/vila.es\/wp-content\/uploads\/2020\/07\/societario2.jpg\",\"articleSection\":[\"Corporate\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/\",\"url\":\"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/\",\"name\":\"FACILITATING THE TRANSFER OF A COMPANY\u2019S REGISTERED OFFICE-NEW ROYAL DECREE-LAW 15\/2017, OCTOBER 6.\",\"isPartOf\":{\"@id\":\"https:\/\/vila.es\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/vila.es\/wp-content\/uploads\/2020\/07\/societario2.jpg\",\"datePublished\":\"2017-10-20T14:43:25+00:00\",\"dateModified\":\"2020-11-20T11:55:39+00:00\",\"author\":{\"@id\":\"https:\/\/vila.es\/en\/#\/schema\/person\/1338568a83d16fbfd6073c8cc4834904\"},\"breadcrumb\":{\"@id\":\"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/#primaryimage\",\"url\":\"https:\/\/vila.es\/wp-content\/uploads\/2020\/07\/societario2.jpg\",\"contentUrl\":\"https:\/\/vila.es\/wp-content\/uploads\/2020\/07\/societario2.jpg\",\"width\":669,\"height\":272},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"https:\/\/vila.es\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TRANSFER OF A COMPANY\u2019S REGISTERED OFFICE-NEW ROYAL DECREE-LAW 15\/2017, OCTOBER 6th\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/vila.es\/en\/#website\",\"url\":\"https:\/\/vila.es\/en\/\",\"name\":\"Vil\u00e1 Abogados\",\"description\":\"Damos soporte jur\u00eddico a proyectos e iniciativas de negocio de empresas y de emprendedores extranjeros y nacionales\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/vila.es\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/vila.es\/en\/#\/schema\/person\/1338568a83d16fbfd6073c8cc4834904\",\"name\":\"Vil\u00e1 Abogados\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/vila.es\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/80372a28ffd84e8b62261dc710c686e32c574bf8a1c71bfd6ebfba0f351a081b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/80372a28ffd84e8b62261dc710c686e32c574bf8a1c71bfd6ebfba0f351a081b?s=96&d=mm&r=g\",\"caption\":\"Vil\u00e1 Abogados\"},\"url\":\"https:\/\/vila.es\/en\/author\/vilaes\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FACILITATING THE TRANSFER OF A COMPANY\u2019S REGISTERED OFFICE-NEW ROYAL DECREE-LAW 15\/2017, OCTOBER 6.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/","og_locale":"en_US","og_type":"article","og_title":"FACILITATING THE TRANSFER OF A COMPANY\u2019S REGISTERED OFFICE-NEW ROYAL DECREE-LAW 15\/2017, OCTOBER 6.","og_description":"As of October 7 2017, the Spanish Official State Gazette published\u00a0the 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 [...]","og_url":"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/","og_site_name":"Vil\u00e1 Abogados","article_published_time":"2017-10-20T14:43:25+00:00","article_modified_time":"2020-11-20T11:55:39+00:00","og_image":[{"width":669,"height":272,"url":"https:\/\/vila.es\/wp-content\/uploads\/2020\/07\/societario2.jpg","type":"image\/jpeg"}],"author":"Vil\u00e1 Abogados","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Vil\u00e1 Abogados","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/#article","isPartOf":{"@id":"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/"},"author":{"name":"Vil\u00e1 Abogados","@id":"https:\/\/vila.es\/en\/#\/schema\/person\/1338568a83d16fbfd6073c8cc4834904"},"headline":"TRANSFER OF A COMPANY\u2019S REGISTERED OFFICE-NEW ROYAL DECREE-LAW 15\/2017, OCTOBER 6th","datePublished":"2017-10-20T14:43:25+00:00","dateModified":"2020-11-20T11:55:39+00:00","mainEntityOfPage":{"@id":"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/"},"wordCount":568,"commentCount":0,"image":{"@id":"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/#primaryimage"},"thumbnailUrl":"https:\/\/vila.es\/wp-content\/uploads\/2020\/07\/societario2.jpg","articleSection":["Corporate"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/","url":"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/","name":"FACILITATING THE TRANSFER OF A COMPANY\u2019S REGISTERED OFFICE-NEW ROYAL DECREE-LAW 15\/2017, OCTOBER 6.","isPartOf":{"@id":"https:\/\/vila.es\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/#primaryimage"},"image":{"@id":"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/#primaryimage"},"thumbnailUrl":"https:\/\/vila.es\/wp-content\/uploads\/2020\/07\/societario2.jpg","datePublished":"2017-10-20T14:43:25+00:00","dateModified":"2020-11-20T11:55:39+00:00","author":{"@id":"https:\/\/vila.es\/en\/#\/schema\/person\/1338568a83d16fbfd6073c8cc4834904"},"breadcrumb":{"@id":"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/#primaryimage","url":"https:\/\/vila.es\/wp-content\/uploads\/2020\/07\/societario2.jpg","contentUrl":"https:\/\/vila.es\/wp-content\/uploads\/2020\/07\/societario2.jpg","width":669,"height":272},{"@type":"BreadcrumbList","@id":"https:\/\/vila.es\/en\/corporate\/facilitating-transfer-companys-registered-office-new-royal-decree-law-152017-october-6\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Portada","item":"https:\/\/vila.es\/en\/"},{"@type":"ListItem","position":2,"name":"TRANSFER OF A COMPANY\u2019S REGISTERED OFFICE-NEW ROYAL DECREE-LAW 15\/2017, OCTOBER 6th"}]},{"@type":"WebSite","@id":"https:\/\/vila.es\/en\/#website","url":"https:\/\/vila.es\/en\/","name":"Vil\u00e1 Abogados","description":"Damos soporte jur\u00eddico a proyectos e iniciativas de negocio de empresas y de emprendedores extranjeros y nacionales","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/vila.es\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/vila.es\/en\/#\/schema\/person\/1338568a83d16fbfd6073c8cc4834904","name":"Vil\u00e1 Abogados","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/vila.es\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/80372a28ffd84e8b62261dc710c686e32c574bf8a1c71bfd6ebfba0f351a081b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/80372a28ffd84e8b62261dc710c686e32c574bf8a1c71bfd6ebfba0f351a081b?s=96&d=mm&r=g","caption":"Vil\u00e1 Abogados"},"url":"https:\/\/vila.es\/en\/author\/vilaes\/"}]}},"_links":{"self":[{"href":"https:\/\/vila.es\/en\/wp-json\/wp\/v2\/posts\/2277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vila.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vila.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vila.es\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/vila.es\/en\/wp-json\/wp\/v2\/comments?post=2277"}],"version-history":[{"count":3,"href":"https:\/\/vila.es\/en\/wp-json\/wp\/v2\/posts\/2277\/revisions"}],"predecessor-version":[{"id":8818,"href":"https:\/\/vila.es\/en\/wp-json\/wp\/v2\/posts\/2277\/revisions\/8818"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vila.es\/en\/wp-json\/wp\/v2\/media\/5986"}],"wp:attachment":[{"href":"https:\/\/vila.es\/en\/wp-json\/wp\/v2\/media?parent=2277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vila.es\/en\/wp-json\/wp\/v2\/categories?post=2277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vila.es\/en\/wp-json\/wp\/v2\/tags?post=2277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}