The Co-Investment Fund (FOCO)

In Spain, the Council of Ministers of 27 December 2023 approved the creation of the Co-Investment Fund (also known as “FOCO” in spain). The management of the Fund is entrusted to COFIDES and will have resources from the Next Generation…

“Silent bankruptcy” – Unpublicised preparation for a business failure – A new and efficient tool in the restructuring toolbox?

INADEQUACY OF JUDICIAL REORGANISATION (“PGR/PRJ”) PROCEDURES – (procedure gerechtelijke reorganisatie {PGR} / procédure réorganisation judiciaire {PRJ}) Successive crises have resharpened businesses’ focus on how to achieve…

When am I a tax resident in Spain? How do I calculate the 183 days?

According to the Law 35/2006 on Personal Income Tax and other Spanish tax legislation, an individual becomes a tax resident in Spain if any of the following circumstances apply: Spend more than 183 days in Spain, during a calendar…