Consequences of the revoked NIF in registry access

On 18th September 2024, the General Directorate of Legal Certainty and Public Faith, addressed an appeal against the qualification of the Property Registrar of Huelva No. 1, which suspended the registration of two deeds of sale due to the suspension of the Tax Identification Number (NIF) of the intervening entities. The deeds in question, authorised […]
Effectiveness in Spain of powers of attorney granted abroad by foreign companies: sufficiency and equivalence judgements

The DGSJFP has clarified that the sufficiency and equivalence judgements are the responsibility of the authorising notary in Spain. However, the judgement of equivalence does not require a specific formula and does not have to be carried out independently if the sufficiency of the power of attorney has already been confirmed. In this sense, for […]
Moving to Spain: immigration and Personal Income Tax

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Our essential FAQs guide on Spanish Business Law

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Our guide to Small Market M&A

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Our Guide to Comprehensive Tax Compliance in Spain

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Guide to setting up a company and main corporate obligations in Spain and Portugal

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Invalidity of the registered notice of meeting due to communication to a non-effective address

The validity of the registered notice of the general meeting of a company requires that the effective intervention of the affected directors be guaranteed, with a notice to the actual address, in accordance with the standard of the Madrid Provincial Court in its Ruling 274/2024, of 13 September , when it declared the nullity of […]
Review of clauses on variable remuneration in the bylaws

The clauses in the articles of association regulating the variable remuneration of directors in companies must include ‘general reference indicators or parameters’ for the determination of such remuneration, stressing that ambiguity in these concepts may lead to their nullity, in accordance with the Directorate General for Legal Security and Public Faith (DGSJFP) in its resolution […]
The impossibility of registering ‘disagreements’ in the Companies Register

The Commercial Register does not allow the registration of proposals discussed at a shareholders’ general meeting that do not become resolutions due to tied votes, according to the decision of the Directorate General for Legal Certainty and Public Faith of 31 October 2024 (BOE no. 282 of 22 November), which confirmed the refusal to register […]