Over 50 in Spain: Will a Dismissal Be Declared Null? Companies Panicking

If you have not heard of it yet, surely you will soon: it is none other than Ruling no. 323/2020 of 18 November, handed down by Labour Court no. 33 of Madrid. From November? Yes, despite its “age,” it has been generating discussion of late due to dismissals of workers over 50. This can be summarised in two simple and terrifying words for companies: null and void.

This entry was posted on 27 May 2021 by Patricia Rivera Almagro in Labour.

Spain: Important News for Capital Stock Companies After Law 5/2021 of 12 April

On 13 April in the Official State Gazette (BOE), Law 5/2021 of 12 April (the “Law”) was published. It introduces important amendments to the consolidated text of the Law on Capital Stock Companies (“LSC”), both for listed and non-listed companies. The Law entered into force on 3 May 2021.

This entry was posted on 26 May 2021 by Christian Krause in Corporate and M&A.

Corrective Invoices: The Term for VAT Refund to Non-Residents in Spain

In Spanish VAT, there are two main systems for refunds: one for business owners established in Spain and another for non-residents. The latter is drastically different from the refund method regulated for business owners with establishments in Spain; this article, however, will focus exclusively on the deadline for requesting said refund.

This entry was posted on 24 May 2021 by Gustavo Yanes in Tax.

Here to Stay: Revision of the Spanish Law on Capital Stock Companies is Supposed to Lead to Complete Digitalisation of Meetings of Spanish Corporate Bodies

Some of the changes caused by the COVID-19 pandemic have come to stay. The crisis has dramatically shown us the importance of digitalisation regarding both public and private life. For companies, investing in digital technologies has proven to be a means of resilience. Following this trend, an amendment to the Spanish Law on Capital Stock Companies (Ley de Sociedades de Capital or “LSC”) is supposed to make complete digitalisation of meetings of the Spanish corporate bodies possible. This article analyses the planned legal reform and its relevance for Spanish companies.

This entry was posted on 20 May 2021 by Nadja Vietz in Corporate and M&A.

SMEs in Spain: Four Essential Measures to Safeguard Your IP

Small- and medium-sized enterprises have been the protagonists on Intellectual Property Day 2021, where the theme chosen by the WIPO is “Intellectual Property and SMEs: Taking Your Ideas to Market.” In this article Monereo Meyer Abogados highlights how intellectual property can be a powerful tool for SMEs to compete and grow in the market.

This entry was posted on 26 April 2021 by Consuelo Álvarez in IT and Data Protection.

CJEU: VAT on Importation Should Be Paid in The Country of Entry of the Goods to The EU Economic Network

Following the ruling by the Court of Justice of the European Union (“CJEU” Case C-7/20), it is worth recalling several essential concepts applicable to VAT taxation on the importation of goods. In this case, the CJEU was determining whether the EU directive should be interpreted in the sense that VAT on importation “always” arises in the territory in which the goods enter or in that in which a failure to comply with the customs legislation is found, as in the case before the court.

This entry was posted on 20 April 2021 by Gustavo Yanes in Tax.