Comunicació

Hague Convention

The Hague Convention membership expansion

In a recent update, we bring you the list of countries currently part of The Hague Convention following the latest additions: ALBANIA GERMANY ANDORRA ANTIGUA AND BARBUDA SAUDI ARABIA (12/07/2022) ARGENTINA ARMENIA AUSTRALIA AUSTRIA AZERBAIJAN BAHAMAS BAHRAIN BARBADOS BELGIUM BELIZE BHARAT (formerly India) BELARUS BOLIVIA BOSNIA AND HERZEGOVINA BOTSWANA BRAZIL BRUNEI-DARUSSALAM BULGARIA BURUNDI CAPE VERDE […]

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Amount in Wealth Tax

Expansion of the Minimum Exempt Amount in Wealth Tax for Non-Residents

Expansion of the Minimum Exempt Amount in Wealth Tax for Non-Residents: Non-resident taxpayers must pay taxes in Spain out of personal obligation, meaning they are subject to taxation on the assets they hold in Spanish territory (above certain amounts), specifically the amount in wealth tax. The two taxes applied are the Wealth Tax (WT) and

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Beckham Law

Amendment to the personal income tax regulation to adapt the special regime for expats (Beckham Law) to Digital Nomads, Company Directors, and Entrepreneurs

The “Start-Ups” Law published at the end of 2022 introduced significant changes regarding the Special Regime for Expats (Beckham Law) to attract so-called “digital nomads” (international teleworkers), company directors (without a minimum shareholding, although maintaining the 25% requirement for directors of asset-holding companies), and entrepreneurs who move to Spanish territory and have not been tax

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Reporting Channels

Mandatory Implementation of Reporting Channels in companies: Deadline until December 1, 2023

The entry into force of the Whistleblower Protection Law on March 13, 2023, marked a significant change in Spain, imposing on companies the obligation to establish an internal reporting channel for their personnel. What does this law imply? The Law 2/2023, better known as the Whistleblower Protection Law, requires public institutions, companies, political organizations, and

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Hague Convention

The People’s Republic of China Joins the 1961 Hague Convention

November 7, 2023, marks a significant milestone in the legal and administrative sphere of China’s international relations. On this date, China officially became a party to the 1961 Hague Convention, introducing the Apostille as the sole method for legalizing public documents for international use. This change revolutionizes the previous dual legalization process, which required documents

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XXVIII ICG Associates Convention

XXVIII ICG Associates Convention in Cartagena, Colombia

Feliu N&I and Expat Feliu participated in the XXVIII ICG – International Consulting Group Associates Convention, held in the city of Cartagena, Colombia, from October 18th to 20th. The Convention not only delved into internal network matters but also centered discussions on current issues affecting various countries in Latin America, such as Venezuela, Colombia, Uruguay,

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cryptocurrencies

Cryptocurrencies, Smart Contracts, and Legality: Updates in Colombia 2023

Cryptocurrencies in Colombia: Key Resolution on Smart Contracts and Crypto Assets in 2023 On July 17, 2023, the Superintendency of Companies in Colombia, in its Office Communication 220-139607, issued a pivotal resolution addressing the possibility of creating simplified joint-stock companies (SAS) through smart contracts. This consultation also delves into matters concerning crypto assets and shares,

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Tax Toll

New Carbon Tax Toll: Impact on Businesses and Its Effective Date

Starting from October 1, 2023, the new carbon tax toll named Carbon Border Adjustment Mechanism (CBAM) came into effect.  In its initial phase, a transitional period will be in place until 2026, during which affected companies will be required to provide information to the European Commission through quarterly declarations. Starting from January 1, 2026, full

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