Should the representative functions of a director be considered part of his powers or valued as related-party transactions?

The provision of representation services by an administrator for the benefit of the company he/she manages is not considered to be part of the functions inherent to his/her position and, therefore, must be duly remunerated.

Commercial advisor: Spain approves the incorporation of limited liability companies online

On May 8, 2023, the Spanish Congress definitively passed the Law for the transposition of the Directives of the European Union on the accessibility of certain products and services, migration of highly qualified persons, taxation, and digitalization of notarial and registry actions, which will allow the incorporation online of limited liability companies. The Law for… Continue reading Commercial advisor: Spain approves the incorporation of limited liability companies online