No, you cannot. As a Juridical person (i.e. a Mercantile Company) your company does not have the profile of a consumer according to the law. Consumers or users according to the law are the natural persons who act with a purpose outside their business, commercial...
The Spanish Supreme Court has recently ruled the verdict number 1626 / 2008 (case "Roche") and concluded that the activity of manufacturing and sales promotion undertaken by Roche Vitamins, S.A. (RV), a Spanish branch of the Swiss company Roche Vitamins Europe Ltd. (RVE) constitute a...
Spain and Germany have ratified the treaty to avoid double taxation and prevent tax evasion in respect of taxes on income and on capital. The treaty comes into force on 18th October 2012 and is applicable from 1st of January 2013. Capital represented by real estate...
From December 3rd, 2010 as a general rule for any kind of companies the following operations shall be exempt of tax (such tax was formerly a 1% of the operation’s value): 1) Formation of companies 2) Increase of company’s capital 3) Contribution from shareholders not resulting in increase...
The Spanish Cabinet has declared it is urgent to debate and approve a proposed law previously sent to the parliament partially amending the existing Spanish Law of Corporations (including S.A. and S.L. companies). At this stage, these are some of the changes worth to be mentioned: - ...
The Spanish Supreme Court establishes new jurisprudence with two unequivocal verdicts that revolutionize the current legal doctrine: the Tax Office will not enter into a company’s offices to request data if not authorized by the company’s legal representative or the court. Link to one of the...
Yes, it does. To start with, companies normally limit the responsibility they may incur into (including due lease rents), up to the amount of their share capital. Another substantial circumstance is the fact that most companies may legally change their board of shareholders as many...
No, there is not. All these denominations are different ways to call the same kind of company that basically consists in a limited responsibility company (i.e., the shareholders are responsible up to the limit of their respective share capital), with a minimum permitted capital of...
Concerning to the Income tax of Individuals, the percentages of general tax scale stay the same but the rate applicable to savings in personal income tax has increased. The applicable rate will be 19% for the first 6,000 Euros of yield, and 21% on the...
The present regulations in force regarding transfers of shares of companies directly (or indirectly) owning real estate properties situated in Spain when they represent 50% or more of the Company’s active (total assets) establish that these share transfers pay a transfer tax as if they...