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… Continue reading Restrictions on deposits by Russian citizens in the European Union
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Information for UK citizens on visas and new ETIAS travel authorisation in Spain
Now that the UK has left the European Union, British citizens do not hold the automatic right to reside in Spain. UK citizens may remain for a three-month period, but a visa is required for longer stays. To reside more than 90 days in Spain during a period of six-months, British citizens will need to… Continue reading Information for UK citizens on visas and new ETIAS travel authorisation in Spain
Immigration of foreign companies to Spain
Although nowadays the concept of “immigration” is mainly used to refer to people, it can also be applied to companies. Any company incorporated both in a member country of the European Union or in some other foreign country can immigrate to Spain without losing its legal personality. This type of operation is called international transfer… Continue reading Immigration of foreign companies to Spain
Entry requirements for travellers from the UK to Spain
Before travel to Spain, everyone travelling by sea or air must fill in and sign an online Health Control Form. Travellers must show the resultant QR code issued to them on arrival to Spanish ports and airports. The additional documentation to be presented on entry when travelling from the UK to Spain is determined for… Continue reading Entry requirements for travellers from the UK to Spain
Virtual Shareholders` Meetings: from temporary to permanent measure
During the previous year 2021, the transitional provisions of virtual shareholders` meetings were in force, which were adopted as a consequence of the restrictions caused by Covid-19. Under the said provisions, companies could hold virtual meetings even though their bylaws did not provide for them. We discussed this subject in detail in one of our… Continue reading Virtual Shareholders` Meetings: from temporary to permanent measure
Labour reform: Tightening of restrictions on temporary hiring
The Labour Reform, published by Royal Decree-Law 32/2021 dated December 28, 2021, has the essential purpose of reducing the level of precariousness and the high rate of temporary employment in the Spanish Labour market. To this end, and to promote permanent contracts, various measures are implemented aimed at strengthening the legal limitations for the use… Continue reading Labour reform: Tightening of restrictions on temporary hiring