Now that we are used to identifying the beneficial owner of a company when depositing the annual accounts, the Unique Additional Provision of Law 10/2010, of April 28, on the prevention of money laundering and terrorist financing has included a new requirement: a document on provision of services to third parties when depositing the annual… Читать далее Deposit of Annual Accounts: new obligation to report services to third parties
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How will the Barcelona Low Emission Zone work?
As of January 1, 2020, the Barcelona City Council will introduce the permanent regulation for its Low Emission Zone. The regulation is based on the thresholds of the current European, state and regional directives, regulations and laws on improvement of the quality of the environment. The Low Emission Zone is a protected area covering more… Читать далее How will the Barcelona Low Emission Zone work?
Tax on Non-Productive Assets
The tax return (tax form 540) of the new tax on non-productive assets of legal entities (IANP) must be filed between October 1 and November 30 of 2019, for tax years 2017, 2018 and 2019. Starting next year 2020, form 540 must be filed from June 1 to June 30 of each year. The purpose… Читать далее Tax on Non-Productive Assets
Online incorporation of companies
On July 11 of this year, the Directive (EU) 2019/1151 of the European Parliament and Council on the use of digital tools and processes in company law was published in the Official Journal of the European Union. This Directive will oblige the Member States to modify their national law to implement the online incorporation of… Читать далее Online incorporation of companies
A second chance: how can I get rid of debts I cannot pay?
The Bankruptcy Proceedings Act in article 178 bis provides a beneficial procedure for exemption from unpaid debt for debtors. This is known as the second chance mechanism, and it is applicable only to individuals, not companies. The purpose of this mechanism is to enable those individuals who have lost their assets to start over without… Читать далее A second chance: how can I get rid of debts I cannot pay?
Fraudulent practices in contracts for student interns: “fake interns”
The hiring of student interns by companies using the formulation “internship agreement” signed with schools or universities has increased significantly in recent years. This type of agreement is very attractive for the company, since labour law is not applicable to the student interns (there is no mandatory minimum wage, or severance pay, etc.), and, in… Читать далее Fraudulent practices in contracts for student interns: “fake interns”