News


Structural Modifications of commercial companies, both domestic and cross-border, in relation to the transformation, merger, spin-off, and global assignment of assets and liabilities
Last June 29, Royal Decree Law 5/2023 was published, adopting and extending certain measures, among which are the structural modifications of commercial companies, internal and cross-border, in relation to transformation, merger, spin-off and global assignment of assets and liabilities. This new Royal Decree Law repeals in its entirety Law 3/2009 (LME) on structural modifications of


El Salvador’s New Law to Attract Spanish Investment and Foster Economic Growth
In June 2023, the Congress of El Salvador approved the Law for the Creation of the Investment and Export Promotion Agency. This law aims to attract more Foreign Direct Investment (FDI), particularly of Spanish origin. This is because Spain is considered the main political and economic partner of El Salvador in Europe. Both countries have


New Regulation on Foreign Investments: Royal Decree 571/2023
On July 5, 2023, the BOE (Official State Gazette) published Royal Decree 571/2023, dated July 4, 2023, concerning foreign investments. This decree is set to take effect on September 1, 2023. It marks a significant milestone as it approves the new regulatory framework associated with Law 19/2003, enacted on July 4, 2003. Law 19/2003 establishes


Andorra’s Swift Approval of Foreign Investment Suspension in Real Estate Sector
Andorra’s Council of Ministers has swiftly approved the suspension of authorizations for foreign investment in the real estate sector. This decision garners support from 23 out of the 28 parliamentarians in the general council. This action responds to the rising interest of foreign investment in the real estate sector, aiming to tackle the shortage of


FOREIGN INVESTMENT IN COSTA RICA
Dear Spanish companies, We are pleased to invite you to consider investing in Costa Rica, a country that offers a favorable environment for foreign investment. Costa Rica has proven to be an attractive destination for international companies, and in particular, for Spanish companies seeking to expand their operations in Latin America. Here are some reasons


A new regulatory framework to support the creation and growth of Start-up companies is established by Law 28/2022
Order PCM/825/2023, of July 20, which regulates the criteria and procedures for the certification of emerging companies that give access to the benefits and specialties recognized in Law 28/2022, was published in the BOE last Friday, July 21. CRITERIA FOR EVALUATING THE CHARACTER OF THE INNOVATIVE ENTREPRENEURSHIP (Article 4) An entrepreneurial project will be considered


Corporate income tax rises in the United Kingdom from 19% to 25%
The United Kingdom government is forced to seek resources to plug the hole in the public finances (deficit of 5.4% in 2022) with the aim of increasing revenue by some £12 billion over the 2023-2024 financial year. Companies reporting a profit of up to £50,000 will continue to be taxed at 19%, while companies above


Reduction of working hours in Colombia is set to take effect from July 2023
On Saturday 15 July 2023, Law 2101 of 2021 came into force. This will allow the reduction of the working week in Colombia from 48 to 42 hours per week gradually from 2023 to 2026. Characteristics of reduced working time -Workers’ salaries will not be affected, despite the reduction in hours. -In the case of


Feliu N&I launches new website!
Feliu N&I has a new website, and we are proud to share it with all of you. This website presents a new image with an updated design, as well as a more intuitive and dynamic navigation. On the Feliu N&I website you will be able to find all the details of our solutions in the
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