News

Forty years ago, major German, French, and Nordic companies looked south and saw an opportunity. Spain had just joined the European Economic Community, operating costs were competitive, and access to the Single Market was guaranteed. Volkswagen acquired SEAT. Ford chose Valencia to manufacture vehicles for export across Europe. The chemical, aerospace, and automotive components industries

Law No. 7582, effective as of 4 June 2026, introduces tax incentives on foreign-source income, preferential inheritance tax rules, an offshore asset regularisation regime, and new frameworks for regional service centres and the Istanbul Finance Center. Law No. 7582, which entered into force on 4 June 2026, establishes a comprehensive package of tax and investment

Many taxpayers believe that spending fewer than 183 days per year in Spain and obtaining a tax residence certificate from another country will automatically grant them NON-RESIDENT status. The Spanish Central Economic-Administrative Court (TEAC) has shown that it is not that simple. In its decision RG 10390/2022, dated 19 February 2026, the TEAC examines the

The State of São Paulo has approved an update to its state minimum wage, effective 1 June 2026. The State Legislative Assembly passed the bill on 13 May, the Governor signed it into law and it was published in the Official Gazette on 28 May as Law 18.471/2026. The new wage floor is set at

On 12 March, the Spanish Official State Gazette (BOE) published the Resolution of the Spanish Tax Agency (AEAT) approving the guidelines of the 2026 Annual Tax and Customs Control Plan. The document spans 38 pages and outlines with considerable precision the areas that the Tax Inspection authorities will focus on this year. The AEAT has

On April 3, 2026, the decree amending, adding to, and repealing various provisions of the Federal Law for the Protection of Industrial Property (LFPPI) was published in the Official Gazette of the Federation, introducing significant changes across different components of Mexico’s industrial property system. The reform entered into force the following day and directly affects

1 May 2026 marks a turning point in trade relations between Europe and South America. The EU-Mercosur interim trade agreement enters into provisional application on that date, and from that moment companies, consumers and farmers across the EU begin to benefit from its effects. After more than 25 years of negotiations, a market of 700

Brazil’s National Social Security Institute (INSS) has established, through Ordinance DTI/DIRBEN/INSS No. 156/2026 published on 6 May 2026, a new digital system called INSS Empresa, which enters into force on 15 May 2026. The system creates an official channel through which companies can remotely and centrally consult information on the leaves of absence and social

After almost a decade of negotiations, the EU and Australia concluded negotiations on their free trade agreement on 24 March 2026. The agreement creates a trade and services framework between two advanced economies that already exchange goods and services worth more than 89.2 billion euros per year, trade that sustains 460,000 jobs in the EU.