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GK GROUP LEGAL: START-UP LAW IN A NUTSHELL

On December 1, 2022, the Congress of Deputies approved the so-called “Start-up Law” to promote the creation and growth of start-ups in Spain. The new rule provides for a very favourable tax regime, both for companies and their investors as well as for their employees....

AI, friend or foe in the legal sector?

There are many reports emphasizing that AI will destroy million jobs. However, could it be a valuable partner in the legal sector?There are many areas where AI is already applied in the legal sector as AI powered legal research, due diligence processes, drafting...

INVESTMENTS IN SPAIN

Incorporating a new company (SA or SL) in Spain? See below the main requirements to take into account:   (A) Certificate of clearance from the Central Commercial Registry (Registro Mercantil Central) stating that the proposed name of the new company (NewCo)...

ULTIMATE BENEFICIAL OWNER (UBO)

One should not be afraid, but must be familiar with the Spanish AML requirements (Law 10/2010 and Royal Decree 304/2014). In a nutshell, under Spanish law, public notaries need to be provided by the appearers with the details of the UBO of any foreign legal...
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