The End of Impunity for “Squatters”? A Reading of Law No. 67/2025 of 24 November

The approval of Law No. 67/2025 at the end of last year marks a significant moment in the legal and social debate surrounding the unlawful occupation of property in Portugal, commonly referred to as “squatting”. For many years, property owners, legal practitioners and policymakers have faced a legal framework perceived as slow and ineffective in […]

This entry was posted on 8 April 2026 by Luísa Monteiro Carvalho in Portugal.

Corporate Income Tax in Spain – A Hidden Tax Inspection Risk in Intra-Group Transactions

Starting a new year is a good moment to look back. It is not uncommon for many Spanish subsidiaries to have received a call or email from their parent company in December with the following message: we are going to charge an additional management fee, as this is standard practice in our group. It may sound reasonable, but in practice, these intra-group “fees” for services, licences, financing or reorganisation can constitute a hidden risk in corporate income tax in Spain.

This entry was posted on 12 March 2026 by Gustavo Yanes in Tax.

The Role of the Secretary of the Board of Directors in Spanish Companies

In Spanish companies, the central governing and management body is the board of directors (consejo de administración). Through it, the shareholders delegate the administration, strategic management and supervision of the company to a group of directors who act collectively. However, part of this body is also a less visible yet for the proper functioning of the corporate system absolutely essential figure: the company secretary or secretary of the board of directors (secretario). Their role, traditionally associated with purely formal functions, has evolved to a professional agent who ensures the integrity of the company and advises on corporate governance.

This entry was posted on 14 January 2026 by Javier Coll Sempere in Corporate and M&A.

Commercial and Corporate Law in Spain: Consequences of Failing to File Annual Accounts with the Mercantile Register

Correct accounting and a true and fair view of a company’s financial situation are the foundations of a well-functioning company. In Spain, companies are legally obliged to file their annual accounts with the Mercantile Register so that reliable economic and accounting information is available not only to the administration, but also to third parties and the company itself. In practice, however, many companies in Spain violate this obligation. The legal, economic and operational consequences of this violation will be outlined in this article.

This entry was posted on 26 December 2025 by Javier Coll Sempere in Corporate and M&A.