News

The expression “negotiating with the Spanish Tax Authorities” should be treated with some caution. The Spanish Tax Agency (Agencia Estatal de Administración Tributaria – AEAT) does not negotiate in the commercial sense of the term. Rather, taxpayers have a statutory right to apply for the payment of a tax debt to be deferred or paid […]

Purchasing or selling a property is one of the most significant transactions an individual is likely to undertake during their lifetime. Although the process may appear straightforward, it is surrounded by a range of legal, financial and contractual risks which, if not properly identified and managed, may have serious consequences. One of the most critical […]

Under the current Spanish insolvency framework, the court-approved restructuring plan is the cornerstone of Spain’s pre-insolvency regime. It is a legal instrument designed to modify the composition, terms or structure of a debtor’s assets, liabilities or equity, including transfers of assets, business units or the business as a going concern, together with any operational changes […]

Artificial intelligence (AI) has evolved from being a promising technological innovation into an everyday business tool. In just a few months, assistants such as ChatGPT, Microsoft Copilot and Gemini have become part of the daily operations of many organisations, helping them prepare commercial proposals, summarise meetings, draft contracts, analyse information and automate administrative tasks. In […]

The recent Supreme Court Judgment No. 881/2026 of 9 June clarifies the legal consequences for a purchaser where a company’s directors dispose of essential assets without obtaining the prior approval of the general meeting of shareholders. The Supreme Court confirms that the authorisation required under Article 160(f) of the Spanish Companies Act (Ley de Sociedades […]

Judgment No. 140/2026 of 15 April delivered by the Madrid Provincial Court addresses one of the issues most frequently arising in connection with the convening of a general meeting of shareholders: the extent of the review that the management body may undertake where a minority shareholder requests a supplement to the notice convening a general […]

Less than one year after the Single Register of Short-Term Rental Agreements procedure took full effect, established under Royal Decree 1312/2024 of 23 December, the Supreme Court, in Judgment 620/2026 of 19 May 2026, has annulled the Single Register of Short-Term Rental Agreements. This ruling is of particular significance for owners of tourist apartments, managers […]

The ruling of Binding Tax Ruling V0062-26 issued by the Spanish Directorate-General for Taxes (Dirección General de Tributos, “DGT”) clarifies that the contingent portion of the consideration arising from the transfer of shares or equity interests may also benefit from the exemption under Article 21 of Law 27/2014 of 27 November, on the Spanish Corporate […]

When planning M&A transactions or corporate restructurings, attention is often focused on the direct taxation of capital gains, the availability of the special tax neutrality regime for mergers and demergers, and the tax treatment of shareholders, all of which are critical considerations when making strategic decisions. However, the indirect tax implications of a transaction must […]

Within the startup ecosystem, an exit is typically the culmination of years of investment, technological development and value creation. Traditionally, a sale to an established industry operator, commonly referred to as a trade sale, has been regarded as the fastest and, in many cases, the most profitable route for founders and investors. n recent years, […]