Last September 29, 2022, Law 18/2022, of September 28, on the creation and growth of companies, was published in the BOE, which, among other measures, approved the use of electronic invoices as mandatory for all companies and self-employed individuals in their commercial relations. This law establishes the following obligations: 1. Obligation for all companies and… Mandatory electronic invoice weiterlesen
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Simplification of procedures and reduction of costs in the constitution of limited companies enacted by the new “Create and Grow” Law
On September 29, 2022, Law 18/2022, of September 28 was published in the BOE, on the creation and growth of companies or, as it is more commonly known, the “Create and Grow” Law. According to the preamble in this regulation, which is enacted within the framework of the reforms of the Recovery, Transformation and Resilience… Simplification of procedures and reduction of costs in the constitution of limited companies enacted by the new “Create and Grow” Law weiterlesen
The separation of the shareholder or how to organize an exit in case of lack of agreement
It is common that throughout the life of a company there is one of the shareholders who wishes to end their participation in the company. In this situation, the shareholder can sell his part to another shareholder, a third party, or even to the company itself. There is also the option of agreeing to a… The separation of the shareholder or how to organize an exit in case of lack of agreement weiterlesen
Modification of the Criminal Code regarding recklessness in driving motor vehicles or mopeds
On September 15, Organic Law 11/2022, of September 13, came into force, amending the Penal Code on recklessness in driving motor vehicles or mopeds. This regulation also modifies the Consolidated Text of the Law on Traffic, Circulation of Motor Vehicles and Road Safety, approved by Royal Legislative Decree 6/2015. This reform was born with the… Modification of the Criminal Code regarding recklessness in driving motor vehicles or mopeds weiterlesen
2022 EMEA Regional Meeting
It was a pleasure to participate in the Ally Law 2022 EMEA regional meeting in Tel Aviv. Thanks to Lipa Meir & CO. for hosting this great event!
Restrictions on deposits by Russian citizens in the European Union
The package of sanctions against Russia approved by the Council of the European Union as a measure in reaction to the war in Ukraine includes the prohibition of accepting deposits of more than 100,000 euros by banking entities. Specifically, Regulation 2022/328, of February 25, 2022, stipulates in its article 5 ter that it is prohibited… Restrictions on deposits by Russian citizens in the European Union weiterlesen