New measures to support business solvency: key aspects of RD 5/2021
Following the declaration by the Spanish Government of the state of alarm on 14 March 2020, a series of economic and social measures were adopted to tackle the health crisis resulting from the COVID-19 pandemic, through the adoption of several Royal Decree-Laws. Some of these are listed below: (i) Royal Decree-Law 8/2020, of 17 March, […]
New Spanish remuneration framework for renewable
Renewable has been the star sector in the Spanish energy market during the last years. The country weather conditions, the existence of a relevant experienced industry, the availability of financing, the support of the public administration and the recent policies have resulted in a very successful cocktail, permitting a significant development of renewable technologies making […]
Measures to support solvency introduced by Royal Decree Law 34/2020
Following the declaration of the state of alarm on 14 March 2020, a series of economic and social measures were adopted to tackle the health crisis resulting from the COVID through the adoption of various royal decrees-laws. In this context, the approval of, among others, took place: Royal Decree-Law 8/2020 of 17 March on urgent […]
Modifications in bankruptcy regulations introduced by Law 3/2020
Following the declaration of the state of alarm on 14 March 2020, a series of economic and social measures were adopted to tackle the health crisis resulting from the COVID through the adoption of various royal decrees-laws, which reached several areas, including bankruptcy. In this context, Royal Decree Law 16/2020, of 28 April, on procedural […]
The next day leases
One of the main mysteries of the time after the pandemic (of that long next day which is just starting) is how the business and commercial activity will be resumed. Will the life of offices, premises and buildings be the same as before? And if the likely answer is no, what the leases regulating those […]
Who are the great promises of business law?
Our lawyers Clara Mañoso (Labour) and Guillermo Bueno (Corporate) have been included today in the report on “Who are the great promises of business law” by Expansión Jurídico. The report, based on the results of the recently published rankings of the leading legal directory Chambers & Partners, highlight those associates entering the rankings and considered […]
Measures relating to COVID-19: update with the latest regulation
On 30 January 2020 the World Health Organization (WHO) declared that COVID-19 involved a public health emergency of international importance. As a result of this crisis being increased, Spain, among other states, has taken certain measures restricting the freedom of movement of their citizens, limiting or restricting the entry of travellers from countries with outbreaks […]
Tax risk on investments in Spain
The structure Private Equity funds and houses (and other investors) which come from out of the EU traditionally incorporate a subsidiary in EU Member State in order to be eligible for some exemptions for repatriation of dividends and payment of interest and royalties (from other subsidiaries resident in a EU jurisdiction). These tax exemptions are […]
Main social measures in defense of employment introduced by RDL 18/2020, of May 12
On 13 May, Royal Decree-Law 18/2020, of 12 May, on social measures to protect employment (“RDL 18/2020”) entered into force. Below is a summary of the main measures implemented by RDL 18/2020: 1. Specific measures in the field of temporary layoffs (expediente de regulación temporal de empleo or “ERTEs”) due to force majeure: The duration […]
OECD Secretariat Analysis of Tax Treaties and the Impact of the COVID-19 Crisis
The Secretariat of the Organization for Economic Co-operation and Development (“OECD”) has issued on April 3, 2020, a document named “Analysis of Tax Treaties and the Impact of COVID-19”, covering four major concerns, detailed in the paragraphs below, on the impact of COVID-19 on the application of Double Tax Treaties. Concerns related to the creation of […]