Watch out for personal data protection if you are self-employed or a freelancer.

Many entrepreneurs are emerging, hence companies and self-employed should be aware that the personal data they collect, and the process does not belong to them and therefore have a responsibility to protect it appropriately. Digitalization has put the processing of personal data at the center of the economy and the scale of collection and sharing of personal data has increased…
startup team

Future Outlooks for Spanish Startups and Where to Begin

A COMMITMENT TO THE FUTURE For an established business entity, chasing after a new startup idea is not a big risk to complete. These types of companies have a reliable consumer base and a massive influx of investment to fund their new business path. Because of this established core, the companies are enabled to take calculated risks without the possibility…
Remote work

The six steps for opening a company in Spain (+ Infographic)

Although the process varies according to the activity being carried out, it is possible to identify six essential steps for the opening of a limited liability company in Spain ("Sociedad Limitada"): Application for the company’s corporate name Drafting the company's articles of associationSigning the deed of company formation before a Spanish notaryRegistration of the deed of company formation in the Companies…
How to open branch in Spain

Set up a branch office in Spain to secure company growth

Thinking to open a Branch, Representative, or Subsidiary office? One of the first things that investors should ask themselves when extending their business to another country is under which kind of legal structure their companies are going to be set up. In Spain, there are several of them and at Lexidy, we are experts on assessing our clients on which…
Webinar

Fintech and Legaltech boom in Spain

Last Thursday, 11 March, Carles Saffouri (Head of Corporate Department al Lexidy Law Boutique), was invited by EAE Business School, to conduct a webinar about his professional background in two of the most fast-growing digital industries in the world: Fintech and Legaltech. The introduction was focused on the benefits of Industry 4.0, and on the use of modern smart technologies such as Big data, Artificial…
Fintech in Spain

Building Fintech in Spain: The 13 Most Misunderstood Regulations

Fintech is one of the most important new emerging industries in the world. The past several years showed significant progress in Spain and in the world in general. Reality shows that in the very short term, companies will need to leverage their capabilities and continue to evolve, in order to be able to meet the new financial demands of clients.…
Now is the time to understand your payroll

Now is the time to understand your payroll

How to read payroll? IntroductionWhat is payroll?Why do we need payroll?Payroll Header Company dataEmployee’s dataThe Gross SalaryWage incomesNon-Wage incomesDeductionsIRPF (Personal Income Tax)Social Security ContributionsThe net salaryPayroll Infographic How can a lawyer help you? ¿Have you ever read any payroll? If you feel that it looks gibberish, it’s time for you to understand where your money goes and how the salary…
Intellectual Property

Intellectual Property. Must-have guide in 2021

Concepts such as intellectual property, author's rights, copyright or industrial property are terms commonly and erroneously understood to be the same. While it is true that there is a connection between them, the reality is that they are concepts that vary from one country to another. This post aims to provide a brief guide on how intellectual property works in…
E-COMMERCE CHALLENGES IN SPAIN IN 2021: FACING NEW ONLINE PAYMENT LAW (THE PSD2 REGULATION)

E-Commerce challenges in Spain in 2021: Facing new online payment regulation (PSD2)

Table of contentsWhat is PSD2 payment regulation? Which is the current status of PSD2 use in Spain?Strong customer authentication (SCA) and Application exemptions3D SECURE PROTOCOL 2.0Security in the Online Payments vs Sales Conversion RatesAllocation of Liability between the Payment Service Providers for unauthorized paymentsFuture challenges ICON_PLACEHOLDEREstimated reading time: 9 minutes Industry 4.0 has spread worldwide as the new technological revolution…
RTICLES OF ASSOCIATION AND SHAREHOLDERS’ AGREEMENTS – DIFFERENCES, COMPATIBILITY AND APPROPRIATENESS AS CORPORATE GOVERNANCE TOOLS:

Shareholders’ Agreement Vs. Articles Of Association – Differences, Compatibility, And Appropriateness

When establishing a corporation, one of the main constitutional documents required by Spanish law is the company’s Articles of Association (Corporate Bylaws), specifying the regulations for a company’s operations and defining the company’s purpose. In addition to the Articles of Association, the company’s shareholders may also choose to enter into a Shareholders’ Agreement stipulating shareholders’ rights and obligations. Against this background,…