Establishing a company in Spain, in cities such as Barcelona, Madrid or the Canary Islands – where the taxation system is particularly favourable – is an easy and convenient financial investment. Spain is a country that exerts a strong attraction for foreign investments due to its tax system and the relative simplicity with which itRead more

 EU countries have a favourable tax regime for workers coming from abroad, or returning to their home country after having been abroad for work. For foreign workers in Spain, and Spanish workers returning from abroad, the favourable tax regime is the Beckham Law.  The Beckham Law is so called because it originates from the EnglishRead more

The revision of VBER, regulating international distribution and sales contracts, concerns the most widespread models of international distribution agreements. The amendments to the regulation mainly concern international online trade. In recent years, the growth of e-commerce and the birth of online trade platforms have exploded. The revision of VBER – the Vertical Block Exemption RegulationRead more

Among the restrictive clauses that can be included in a preliminary or definitive contract for the transfer of company shares, are those regarding non-compete agreements. Non-compete agreements bind the parties to mutually limit their activity, so as not to use: company trade secrets;  carry out customers’ abduction activities;  share confidential information and news about operationsRead more

The war in Ukraine and the sanctions to Russia imply a modification in the economic consequences and juridical relationships between companies, especially regarding the possibility to perform the contractual obligations as per any contracts already stipulated. This situation falls under the category of hardship clauses as a largely unforeseen event. Adverse events can be causedRead more

Tax credits provided for the construction sector involve the deduction of up to 110 percent Italy of taxes. Credit trade or invoice discount can be requested by Italian citizens residing abroad as well as by foreigners, whether or not resident in Italy, who own a property in Italy for residential use, i.e. which is not used forRead more

The massive move of men and women crossing the border to the EU countries bordering Ukraine forces the EU cope with the refugees emergency, so much so as to induce the 27 countries of the Union to issue a Directive for the temporary protection of displaced persons, in order to manage the status of UkrainianRead more

Formalized international contracts and economic relationships between companies involved in international commercial exchanges are not set in stone. Even when businesses are already operating between a foreign company and an Italian company, any international pacts and agreements signed may vary according to unexpected events. Some of those events might have to do with the increaseRead more

The legal assistance needed in cases of violation of shareholders’ agreements and for attribution of jurisdiction in case of foreign companies with Italian partners has been relevant in the decision of 26 November 2020 n. 26984 of the Court of Cassation, which ruled on the question of jurisdiction raised in the context of a compensationRead more

Mutual agreements between States for investments protection. Suggested: Can a foreigner, i.e. a non-EU citizen, lawfully carry out business, commercial or trading activities in Italy? The answer is yes, it is worth however specifying that in terms of international private law, an investment is any activity involving the stipulation of an international agreement that produces obligationsRead more