A joint venture is a type of legal entity which is registered by two or more parties that agree to enter in a joint venture contract for a determined period of time, with the purpose of completing a specific investment project. The participants in a joint venture are both liable for the project’s outcomes and the costs and risks…
The shareholders in Spain are the natural persons or legal entities (depending on the company’s business form) who are founders of the company or who become associates in the company later on during its activity. A company can receive shareholders after its incorporation as well and their rights and obligations are usually given by the number of shares they own in the company. The legal rights…
An open-ended investment fund in Spain is a type of structure which is very suitable for the investors who are interested in performing flexible investment activities. An important aspect related to the open-ended investment funds is that the investors are not limited to issue a certain amount of shares and, more importantly, they can opt to…
An investment tool which is available for foreign investors who want to open a company in Spain is the special purpose vehicle (SPV), also referred to as special purpose entity (SPE). They are usually registered as subsidiaries of foreign companies, with the difference that they can secure their assets to such an extent that the company registered in…
Investment funds in Spain can be registered as open-ended or closed-ended. In many aspects, the two types of funds are rather similar, but they are very different in terms of the rights investors have in certain situations, such as issuing stocks or shares. In this sense, the closed-ended funds are restricted from issuing an unlimited amount of shares. However,…
The legislative framework applicable to investment funds established in Spain follows the directives imposed by the European Union (EU), including in terms of taxation. The taxation system available for the Spanish investment vehicles differs in accordance with the type of vehicle registered by the investor and the residency of the respective businessmen. Our team of company formation representatives in Spain can offer assistance on the taxes due…
Foreign investors or natural persons who want to relocate to Spain and obtain citizenship here have to know the local requirements imposed by the Spanish authorities. In order to obtain citizenship in Spain, the person applying for it must have an age above 18 years old; it is also necessary to have lived in Spain for a…
In today’s business world, it is almost compulsory to own a website, which can offer a company the opportunity to address to a larger consumer market. Businesses that choose to present themselves in the online environment have a better chance to be accessed more easily by clients and future partners from various places of the world.…
Foreign investors who are seeking to open a foundation in Spain are advised to know the legislation applicable in this field. According to the Spanish legislation, a foundation can be set up for general purposes, under the Art. 34 of the Constitution. If you want to open a foundation, you may request for assistance from our company…
Spain is one of the most important economies of the European Union (EU) and also one of the most visited states in the region. With great weather conditions and a rich history, Spain represents a top attraction for tourists around the world and it can be the perfect location to open a travel agency; our…
