
Corporate deadlock: contractual mechanisms for resolving shareholder disputes
A corporate deadlock arises when shareholders or corporate bodies are unable to adopt or implement the resolutions required for the company to operate. Anticipating this
The Directorate General of Legal Security and Public Faith (DGSJFP) reiterates the criterion that exclusive registrable entries, in this case of provisional cancellation, are those regulated in the exceptions of Article 96 of the Commercial Registry Regulations, which consist of the entries ordered by a judicial authority or those necessary for the reopening of the registry page and corresponding to the deposit of the annual accounts. In this sense, the criterion previously assumed, among others, in the resolutions of July 29 and September 2, 2021, is reiterated.
The Management Center elaborates the limiting criterion on the basis of article 119.2 of Law 27/2014 of November 27, 2014, on Corporate Income Tax (formerly art. 131.2 of the TRLIS) which makes any type of registration subject to the prior certification of the registration in the index of entities, so that, in compliance with the principle of legality (article 18 of the Commercial Code), the registrar cannot enter to assess “the inevitable negative consequences for the corporate management that derive from them”, as was requested in this case for the opening of the registry sheet for the entries commented and for the purposes of obtaining the digital signature that would allow the payment of the taxes owed by the company

A corporate deadlock arises when shareholders or corporate bodies are unable to adopt or implement the resolutions required for the company to operate. Anticipating this

Changing tax residence outside Spain can have significant tax implications, particularly for taxpayers holding substantial corporate or financial interests. In certain cases, losing Spanish tax

If you are relocating to Spain to work — or if your company is considering bringing someone in from abroad — you have probably already
Your privacy settings
Manage Consent Preferences
Necessary
Analytics
Embedded Videos
Google Fonts
Marketing