openPR Logo
Press release

ESP: Current legal issues

05-21-2012 07:58 PM CET | Politics, Law & Society

Press release from: bunk-alliance Rechtsanwaltsgesellschaft mbH

Recent legislative approvals: The reform of the Spanish Labor Market.

The expected Spanish labor market reform has been approved through the R.D. Law 3/2012, February 10th, relative to urgent measures for the Reform of the Labor Market.

Among its main measures, includes the following:

- Changes in the individual dismissal: the dismissal severance passes from 45 to 33 days of salary per year worked, with a maximum of 24 monthly payments.
- Changes in collective dismissals by causes organizational, technical and of production: disappears the administrative authorization in the majority of cases.
- Changes in the regulatory law of the Labor Jurisdiction: acceleration of the procedures of the judicial procedure for collective labor resources.
- Greater contractual flexibility, greater flexibility in suspensions, in reductions in hours and in working conditions. Changes in the effects of collective agreements. New indefinite contract for support to entrepreneurs, with tax deductions for companies of less than 50 employees. Extension of the maximum term of the contract for training and learning for 3 years. Tax deductions for conversion of temporary contracts in fixed contracts.

Date of entry into force of the R.D. Law 3/2012: 12/02/2012.

Legislation in project: In short, the Law on Entrepreneurs.

With the goal of supporting business, the Spanish Government is preparing the Law on Entrepreneurs: fewer formalities for the creation of companies, acceleration of the implementation of business, tax deductions, more incentives and facilities for obtaining credit and supporting the internationalization.

Among its main measures, are provided for the following:

- Start-up a business with only a credit card, to then formalize the company within the following 6 months.
- Application of reduced rates of corporate tax (IS) to small companies; application of IS’s deductions for research activities. Delay the obligation to enter the VAT at the time of payment of invoices. Regulation and promotion of "business angels" networks.
- Tax deductions to promotion the internationalization: expenses of attendance at trade fairs, exhibitions and other similar held abroad or in Spain with an international character; expenditure on external consultancy services for internationalization; expenses for training of staff; deductions for investments abroad; tax deductions for investments made for the acquisition of own funds of non-resident companies in the Spanish territory to achieve the majority of the voting rights in them, if some requirements are met, with an annual maximum amount of deduction of 30.050.605,22 €, and without exceeding 25% of the tax base of the IS in the previous tax period.

Estimated time to approving the Law: first half of 2012.

The law firm was established in 2003 by Dr. Artur Bunk, an Attorney-at-Law. Qualified in 1995, he was admitted to the Frankfurt Bar in 1997 after obtaining an LL.D. in European Law at the University Viadrina in Frankfurt (Oder). During his career he has worked with the German law firm Pünder, Volhard, Weber & Axster (now Clifford Chance), was Head of Office at Rödl & Partner in Poland, and Senior Legal Counsel at the Legal and Restructuring Department of KfW. In addition to German, he also speaks fluent English and Polish.

Our offices are based around 45 minutes from Frankfurt/Main International Airport in and approx. the same distance from Frankfurt City.

Thanks to the professional experience and background of our Principal and our Attorneys we are in a position to meet the highest requirements and expectations of international clients, which forms an integral part of our business philosophy, enabled us to establish a profound know-how base on international matters unmatched by law offices of comparable size and background. With our network of external consultants (auditors, tax advisors), we are well equipped to perform advisory services usually only found in much larger law offices. Our comparatively low overheads and flexibility enable us to provide our services on a competitive basis.
bunk-alliance has established a close cooperation with law offices in Italy, India, Poland, Slovakia, with auditors and tax advisory offices in Germany and Poland and various governmental agencies.

Office Worms
bunk-alliance
Goethestr. 15
67547 Worms
Germany

Phone: +49 6241 97249 0
Fax: +49 6241 97249 11

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release ESP: Current legal issues here

News-ID: 222322 • Views: 3240

More Releases from bunk-alliance Rechtsanwaltsgesellschaft mbH

Retroactive refund of capital gains taxes in Germany for free-float dividend pay …
In responses to a decision of the European Court of Justice (ECJ) of 20.10.2011, case number C-284/09, Germany has changed the tax treatments of dividends from investments (§ 20 Subs. 1. Nr. 1 Income Tax Act) of less than 10% (free- float), which are disbursed to corporations. For shareholders, who are subject to corporate taxation in the EU / EEC countries, a refund of German capital gains taxes on
Poland: Removal of bureaucratic hurdles in economic transactions
As of the beginning of 2013, a law on the removal of bureaucratic hurdles in economic transactions is in force in Poland, in particular with regard to tax law as well as the avoidance of payment gridlocks. On 01.01.2013, the act of 16.11.2012 on the removal of bureaucratic hurdles in economic transactions is in force. Based on that law, modifications on tax regulations with regard to leasing transactions were enforced.
Tax consequences for building in of bigger gasoline tanks by freight carrier
Fright carriages very often have bigger gasoline tanks built into their vehicles, which have a bigger capacity than the gasoline tanks installed by the manufacturer. Reason for this is usually that trucks are equipped by the main coachbuilder according to the individual needs of each haulier e.g. for transport of containers, cars or alike. But it can lead to problems, if the company gets gas in other European countries and
New version of yellow page cases in different appearance
In our newsletter July to September 2012 we informed you about the decision by the Bundesgerichtshof (German Supreme Court) with regard to the so called yellow page cases. Those were cases in which a company or a person maintained a yellow page list on the internet and in order to receive entries, it sent forms to traders, which were construed in a manner that on the left side of the

All 5 Releases


More Releases for Law

Greco Neyland Attorneys at Law
Greco Neyland, PC is a professional team of dedicated criminal defense lawyers that are devoted to fighting criminal charges in both state and federal court. They have successfully defended criminal cases on every level of severity and have won major felony cases in the New York Supreme Court. The lawyers at Greco Neyland are some of the most experienced and knowledgeable attorneys in New York. Greco Neyland is now delighted
Professional translations in banking law
The annual financial statements are just around the corner It is that time again. Banks and credit institutions operating in Germany must submit their annual financial statements to the Federal Financial Supervisory Authority (BaFin) by 31 March at the latest, in accordance with Section 242 (3) of the German Commercial Code (HGB). English-speaking and international banks and corporations are obligated to submit their financial statements in German. “The limits of my language are the
Crowson Law Group
It is commonly said that there is no such thing as minor surgery. Whether it’s getting an appendix removed or having a hip replacement, all surgical procedures are serious; more so if an error occurs during such a surgery. However, is any surgical error considered to be medical malpractice? This article will determine when a surgical error can be said to have reached the level of medical malpractice. It must
Charles Law Office - Experienced Law firm in the Lehigh Valley
United States 11-1-2017. The Charles Law office is the leading law firm in the Lehigh Valley who takes pride in providing first-class service and support to everyone facing personal injuries. Whether you've suffered from an automobile accident or faced a mass transit accident you deserve some form of compensation. In order to get your voice heard you consider partnering with lawyers who have your best interest at heart. An experienced
Chandler Law Firm - Brown & Associates
Bankruptcy Financial relief from bankruptcy has been a part of our economy since the beginning of time. The purpose of bankruptcy is to obtain a fresh start or a reset if you will on your financial burdens relieving the everyday pressures of creditor calls and their harassing letters, lawsuits and possible judgments, garnishments and bank account levies. Our job is to help you understand the bankruptcy process and determine if bankruptcy is
Griffith College Law School Launches ‘Specialist Copyright Law Course’
Scholarship Announced to Celebrate First Copyright Course in Ireland Dublin – Tuesday, July 5, 2011 Griffith College Law School, in consultation with top industry lawyers, has developed a ‘Copyright course for recent graduates or professionals in the music and entertainment Industries’. The first and only course of its kind in Ireland, this specialist course delivers an overview of areas of Copyright law including Intellectual Property law. The course is presented by the